DIFC mobilizes action on climate finance in the run up to COP28

DIFC mobilizes action on climate finance in the run up to COP28

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, is building momentum on the critical role of finance in addressing global sustainability challenges ahead of COP28 as it opened the second Sustainable Finance Summit on June 7, 2023.

The Summit, held at the DIFC Atrium as part of the DIFC-hosted Global Ethical Finance Initiative’s (GEFI) ‘Path to COP28’ program, outlined strategies for finance to decarbonise the real economy.

For the latest headlines, follow our Google News channel online or via the app.

It brought together some of the brightest minds in the finance industry to explore ways for the sector to lead action on climate change and deliver a just transition to a sustainable economy. Reflecting the importance of the finance industry to accelerating climate change initiatives, welcome remarks were provided via video by COP28 Director General Ambassador, Majid Al Suwaidi.

As the UAE prepares to host COP28, the summit aligns with the United Nations Sustainable Development Goals that focusse on making finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development.

Commenting on the ‘Path to COP28’ program, Arif Amiri, CEO of DIFC Authority, said: “Collaborating with Global Ethical