(Información remitida por la empresa firmante)
Alongside its work with IHLEG, it is working with the G20 High Level expert group on international climate finance and with Germany and Canada to progress the delivery of the 100 billion dollar commitment. The COP28 presidency is also seeking to make substantial progress on the doubling of adaptation finance by 2025, deliver a strong replenishment of the Green Climate Fund and see agreement on the funding arrangements for loss and damage at COP28. Notes to Editors COP28 UAE:
COP28 UAE will take place at Expo City Dubai from November 30-December 12, 2023. The Conference is expected to convene over 70,000 participants, including heads of state, government officials, international industry leaders, private sector representatives, academics, experts, youth, and non-state actors.
As mandated by the Paris Climate Agreement, COP28 UAE will deliver the first ever Global Stocktake – a comprehensive evaluation of progress against climate goals.
The UAE will lead a process for all parties to agree upon a clear roadmap to accelerate progress through a pragmatic global energy transition and a “leave no one behind” approach to inclusive climate action.
The Independent High-Level Expert Group on Climate Finance (IHLEG) develops and puts forward policy options and recommendations to encourage and enable the public and private investment and finance necessary for delivery of the commitments, ambition, initiatives and targets of the UNFCCC Paris Climate Agreement. It is chaired by Dr. Vera Songwe and Professor Lord Nicholas Stern; Dr Amar Bhattacharya serves as executive secretary.
Abu Dhabi Global Market (ADGM) is the international financial centre (IFC) of the capital city of the United Arab Emirates. ADGM is ranked as one of the top IFCs in the Middle East and Africa region and named MENA’s largest Fintech hub. ADGM augments Abu Dhabi’s position as a leading financial centre and a business hub serving as a strategic link between the growing economies of the Middle East, Africa and South Asia and the rest of the world.
For more details on ADGM, please visit www.adgm.com or follow us on Twitter and Instagram: @adglobalmarket and LinkedIn: @Abu Dhabi Global Market (ADGM)
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