The Ministry of Climate Change and Environment hosts special “National Dialogue for Climate Action” session

  • Date: 17-Apr-2023
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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The Ministry of Climate Change and Environment hosts special “National Dialogue for Climate Action” session

- The Ministry of Climate Change and Environment Hosts Special “National Dialogue for Climate Action” SessionThe event brought together 100 participants from banking, insurance, investment, financial services, consulting sectors, and representatives of various ministries.

Dubai, United Arab Emirates — The UAE Ministry of Climate Change and Environment (MOCCAE) today hosted a special session of the the National Dialogue for Climate Ambition (NDCA) to accelerate the nation’s journey to net zero emissions by 2050. The event complements the nation-wide efforts to strengthen climate action in the Year of Sustainability, when the UAE also hosts COP28, the UN Climate Change Summit.

Focusing on cliamte risks, reporting and the decarbonization of investments for financial institutions, the special session highlighted the gaps in climate finance for decarbonisation, and urged all stakeholders, particularly in the private sector financial entities, to accelerate green finance to support the UAE’s vision to build a sustainable economy.

The event was attended by Her Excellency Mariam bin Mohammed Almheiri, UAE Minister of Climate Change and Environment, and brought together 100 participants from the banking, insurance, investment, financial services, and consulting sectors and various ministries.

HE Mariam Almheiri emphasized the importance of collaboration among all stakeholders to raise ambition for climate finance, a critical pathway