Ray Dalio, Bill Gates, and leading philanthropists examine the power of climate finance at Ideas Abu Dhabi

Ray Dalio, Bill Gates, and leading philanthropists examine the power of climate finance at Ideas Abu Dhabi

Speakers, including Ray Dalio, Bill Gates, H.E. Abdul Aziz Al Ghurair, Precious Moloi-Motsepe considered how targeted philanthropic giving can accelerate the pace of change The panel, moderated by Rima Al Mokarrab, Co-Chair of Ideas Abu Dhabi and Chair of Tamkeen, considered the specialized role of philanthropy in addressing global challenges, like the climate crisis Abu Dhabi, UAE – Ideas Abu Dhabi (IAD), a flagship UAE thought-leadership platform organized by Tamkeen in association with the Aspen Institute, held its fifth edition during the United Nations Climate Change Conference (COP28). IAD convened a group of leading philanthropists featuring Ray Dalio, Bill Gates, His Excellency Abdul Aziz Al Ghurair, and Precious Moloi-Motsepe. The high-profile speakers discussed the role of philanthropy and how it can be leveraged to support green growth, the strengthening of human capital, and the acceleration and refinement of research and development. As part of a panel discussion titled ‘Unleashing the Catalytic Effect of Climate and Nature Philanthropy’ at the Business and Philanthropy Climate Forum, the speakers shared with a packed room of 400 delegates how private finance can trigger a multiplier effect in public and corporate investments in climate action. The panel, moderated by Rima Al Mokarrab, Co-Chair of Ideas