COP28: UAE’s Dr Sultan Al Jaber rings NYSE bell to open trading on Wall Street

  • Date: 20-Sep-2023
  • Source: Gulf Business
  • Sector:Financial Markets
  • Country:UAE
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COP28: UAE’s Dr Sultan Al Jaber rings NYSE bell to open trading on Wall Street





Image credit: WAM

Dr Sultan bin Ahmed Al Jaber, UAE’s Minister of Industry and Advanced Technology and COP28 President-Designate, opened trading on Wall Street for the day on September 19 by ringing the iconic New York Stock Exchange (NYSE) bell, reported state news agency WAM.

In ringing the bell at one of the most landmark locations for the financial world, Dr Al Jaber aimed to send a message about climate finance – the private sector must play its role in ushering in a new era for sustainable and green finance to ensure the objectives of the Paris Agreement are met and the goal of 1.5 degrees C is kept within reach.

The NYSE welcomes Dr Sultan Ahmed Al Jaber, COP28 President-Designate, UAE Special Envoy for Climate Change, and Minister of Industry and Advanced Technology, and delegation in recognition of @COP28_UAE at the Expo City, Dubai. #UNGA78@UN_UAE | @UN https://t.co/0AoyIEQPZN

— NYSE 🏛 (@NYSE) September 19, 2023

First COP President to ring NYSE bell

The first COP president to ring the NYSE bell, Dr Al Jaber urged the exploration of innovative and new mechanisms which lower risk and expand private investment in bankable clean projects.

“Collaboration between the public and private sector will be key to making