UAE private sector urged to align with COP28 objectives

  • Date: 22-Dec-2022
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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UAE private sector urged to align with COP28 objectives

It is critical that the private sector stands with the government in its efforts to address climate change and set proactive plans for all anticipated challenges that entail.

This was the call made after Dubai Chambers brought Dubai’s business community to an event to discuss how the private sector can engage and benefit from the journey towards COP28.

Businesses of all sizes and across all sectors must revisit their business models and restructure it towards supporting sustainable development. The UAE recognises the immense potential that climate action has in driving socio-economic growth, creating jobs, empowering women and youth as well as strengthening the overall economy in a sustainable way for the future.

Dynamic hub

Commenting on the opportunities for the private sector, Majid Al Suwaidi, Director General, COP28 UAE Presidency said: “As one of the most dynamic hubs for business in the world, Dubai is home to some of the most innovative and exciting companies on the planet. This will be a huge asset to the UAE when we host the UN COP28 climate conference in Dubai next November and we will be counting on our business community to play a leading role in making COP28 UAE a landmark moment for global progress against