Monitoring Desk
DUBAI: Dubai International Financial Centre has hosted the first summit dedicated to forwarding the COP28 climate action agenda in the global finance industry, Arab media reported on Thursday.
@DIFC Path to #cop 28 has kicked off with our #sustainable Finance Summit. Special year for #uae with the world coming to #Dubai for COP28 pic.twitter.com/wHCrpt4lrq
— Global Ethical Finance Initiative (GEFI) (@Finance4Change) February 28, 2023
COP28 Climate Change Agenda
Emirates News Agency reported that over 500 people participated in the first series of finance summits to spur active acts in the industry to lead the responsibility on climate change challenge and accelerate the green transition.
#faith in Finance – with #IslamicFinance such a big component of the #GCC & global market what role is it playing to help achieve #NetZero ? Excellent insights from @uk_ifc retail survey and expert panel 👍 @SEDCOHolding @gatehousebank @ftmoralmoney @FTI_Global @Refinitiv pic.twitter.com/yKwvPX3znZ
— Global Ethical Finance Initiative (GEFI) (@Finance4Change) February 28, 2023
Speakers associated with leading investment companies, financial service providers, and banks discussed COP28 priorities during the event. The speakers added that financial institutions required greater sustainability attention if they want to address the real threat of climate change, especially in developing countries. The event helped United Arab Emirates-based institutions to understand COP28.Pakistani Film Wins at Cannes World Film Festival
