COP28UAE Business & Philanthropy Climate Forum

Over 2 days, the Business & Philanthropy Climate Forum COP28 UAE convened over 1,300 business leaders and philanthropists, committing over $7 billion generating c.$20 billion catalytic impact and launching 25+ initiatives creating a legacy roadway for collective action. Watch here: https://lnkd.in/dFFijWez

This year, first-of-its-kind COP28 UAE Business & Philanthropy Climate Forum placed business at the forefront of the global climate conversation, bringing together over 1,300 business & philanthropy leaders from over 100 countries to exchange ideas, co-create solutions and spur tangible action. Featuring 52 sessions, the Forum engaged over 200 speakers who explored climate-related challenges & opportunities.   From the announcement of the Blended Finance Vehicle which will develop climate projects and businesses in emerging markets and developing economies, to the Data for Methane Action Campaign which proves over $100 million worth of funding to convert methane data to action, to the launch of Join the Planet, a new campaign backed by the legendary Lionel Messi, the Forum mobilized close to $7billion in funding for climate and nature action.   If you would like to revisit any of the sessions hosted at the Forum, all are now available on our website at bpcforum.org   #COP28 #BPCF

Strategic philanthropic capital flows are an essential component of climate and nature action.   Following a keynote speech delivered by International Monetary Fund's Kristalina Georgieva, the COP28 UAE Special Representative for Business and Philanthropy, Badr Jafar, came together with Bill Gates, Ray Dalio, Dr. Precious Motsepe, H.E Abdul Aziz Al Ghurair and Rima Al Mokarrab to discuss how scaling strategic philanthropic capital flows can help climate and nature action by generating a multiplier effect on business and government capital towards climate investments.   #BPCF #COP28

As we conclude the COP28 UAE Business & Philanthropy Climate Forum we're proud to have brought together some of the world's most prominent business leaders, Heads of State and philanthropists to make urgent action on climate and nature challenges. From advancing the just energy transition, to harnessing natural capital for net zero, to providing direct access to finance for Indigenous Peoples, the two-day conference has made vital progress on many of the biggest challenges we face. We'd like to extend a heartfelt thank you to all of our speakers, delegates and in particular our partners for supporting the Forum and helping us to make sustainability the growth story of our time.

Today, Dr. Liesbet Steer, President of the EDC (Education Development Center), spoke on a panel at the COP28 UAE Business and Philanthropy Climate Forum that highlighted the importance of green skills in the race to reach net zero targets. In her opening remarks, H.R.H Princess Lamia M Al Saud, Secretary General of Alwaleed Philanthropies, emphasised the critical juncture we have reached in the response to climate change, with leaders needing to come together to create a pipeline of talent that can help to deliver on climate commitments.

Catalytic philanthropic funding has a key role to play when it comes to inspiring climate and nature action.   As part of the COP28 UAE Business and Philanthropy Climate Forum, Bill Gates spoke about the importance of having a strong community of climate philanthropists, working together to ensure that their investments are utilized in the best possible way.

Lionel Messi calls for us to work together to save the planet for future generations in a new movement to rally communities worldwide, encouraging everyone to step up and address environmental challenges through meaningful transformative actions.    The Join the Planet movement was launched at the COP28 UAE Business & Philanthropy Climate Forum with the support of renowned public figures, to show how collaborative efforts can pave the way for sustainable change.

It is key that economic development occurs in a sustainable and equitable manner and this should include a particular focus on regions in the Global South.   Speaking at the COP28 UAE Business and Philanthropy Climate Forum, International Monetary Fund’s Kristalina Georgieva focused on how catalyzing a just transition can lead to a greener evolution - including growth and jobs – within all of our systems.

Yesterday, the COP28 UAE Business & Philanthropy Climate Forum convened business and philanthropic leaders from around the world to take urgent action on the climate and nature agenda.    We’d like to say thank you to our Strategic Partner, The Sustainable Markets Initiative, and all of our delivery partners including IFC - International Finance Corporation (IFC), Organisation for Economic Co-operation and Development (OECD), World Economic Forum (WEF), Asian Development Bank (ADB), Africa Finance Corporation (AFC), Bill & Melinda Gates Foundation, IDB Invest, WBCSD – World Business Council for Sustainable Development and XPRIZE for their support in driving action on a range of objectives on the climate and nature agenda at Day 1 of the Business & Philanthropy Climate Forum.   Today the Forum is building upon yesterday’s discussions and covering essential topics such as carbon pricing, unlocking the renewables future, the role of media in climate change, AI’s impact on climate change, and putting people and nature at the heart of climate solutions.    Join us today at Connect Conference Centre, Expo City Dubai for Day 2 of the COP28 Business & Philanthropy Climate Forum, or tune into the livestream at bpcforum.org #BPFC #COP28

“We know that food production is the basis of life, but at the same time we know that the ecological footprint of food and agriculture is also quite substantial...” World Economic Forum President, Børge Brende addressed the crowd ahead of the COP28 UAE Business and Philanthropy Climate Forum session today on ‘Building Sustainable Food Systems,’ highlighting the big difference companies can make when it comes to climate change and protecting the future of food production.