Welcome to the COP28 Business & Philanthropy Climate Forum
At this pivotal juncture in our shared human history, marked by unprecedented global challenges and the urgent need for collective action, we look forward to welcoming you to the inaugural COP28 Business & Philanthropy Climate Forum from 30th November to 2nd December, 2023. This Forum serves as a pivotal moment for stakeholders from diverse sectors to converge and address the pressing issues surrounding climate change and nature degradation.
As global business leaders and leading philanthropists, your participation will undoubtedly contribute to the collaborative efforts required to drive positive climate action for nature, people and planet.
The Forum will be an opportunity to:
- Connect and engage with global leaders and policy makers on the key actions required in climate action and nature preservation.
- Learn through the exchange of ideas and sharing of lessons with like-minded peers from across sectors and geographies
- Facilitate conversations with other leaders and expand your network for long-term impact in nature and climate action.
The Business & Philanthropy Climate Forum will be held concurrently with the World Climate Action Summit at the beginning of the two-week COP28 program that runs from 30 November to 12 December at Expo City, Dubai, United Arab Emirates.
We look forward to your participation and are delighted to welcome you to the UAE.
Sincerely,
| H.E. Dr. Sultan Ahmed Al Jaber | Badr Jafar |
| COP28 President | COP28 Special Representative for Business & Philanthropy |
What to expect from the Forum
27 Plenary Sessions
Across the Forum, you will have the opportunity to network with your peers and focus on how we align across geographies, industries and finance roadmaps to accelerate sustainability outcomes. In line with the four key pillars set out by the COP28 Presidency, we look to the power of collective action to achieve a sustainable future.
20 Roundtable Discussions
We invite you to collaborate with your peers and those with a shared interest in your respective areas of focus, to demonstrate how we can meet the level of ambition that the world needs to achieve climate and nature goals. While there is a rapidly closing window to course correct, there are key opportunities for the swift scale-up of our collective ambition.
9 Global Partners to Drive Change
COP28 Business & Philanthropy Climate Forum is delivered in partnership with: Sustainable Markets Initiative (SMI), Africa Finance Corporation (AFC), Asian Development Bank (ADB), IDB Invest, International Finance Corporation (IFC), Organisation for Economic Co-operation and Development (OECD), World Business Council for Sustainable Development (WBCSD), World Economic Forum (WEF), XPRIZE and Bill & Melinda Gates Foundation.
Four key pillars set out by the COP28 Presidency
CREATING A LEGACY ROADMAP FOR COLLECTIVE ACTION
The COP28 Business & Philanthropy Forum provides a platform for the private sector and philanthropy to deliver on climate and biodiversity targets. It also showcases a range of tangible and immediate opportunities for engagement across the four key pillars of COP28, which you can explore below.
ENERGY TRANSITION
Fast-track a just and orderly energy transition
COP28 Coal
Purchase transition credits to accelerate the early retirement of unabated coal-fired power plants, currently responsible for 27% of global energy and industrial emissions
Energy Transition Accelerator
Commit to fund renewable energy projects to accelerate the energy transition in emerging markets and developing economies
Enteric Fermentation R&D Accelerator
Join early investors from philanthropy and private sector to accelerate methane mitigation in livestock production
First Movers Coalition
Join the coalition and commit to purchasing products/services based on clean technologies to support the decarbonization of high emitting industrial sectors
Global Energy Alliance for People and Planet
Join various partnerships to drive systemic shifts across Distributed Renewable Energy (DRE) and Green Grids in the Global South
Industry Transition Accelerator
Join the accelerator to help reduce emissions from energy, transport and heavy emitting industries, which account for ~65% of global emissions
Methane Data to Action Fund
Join early investors from philanthropy, governments and private sector to cut-off methane emissions and drive effective methane policies by leveraging satellite data
Methane Fund
Join a newly created methane fund (as GP, LP, partner) to help abate 5% of GHG emissions from the O&G industry by 2030
Combat Super Pollutants
Join a philanthropist fund to address climate super pollutants (black carbon, N2O, ozone, methane) and contribute to prevent 0.5oC of global warming, and prevent 60% of air pollution related mortality.
Health for Climate
Join the Net Zero movement of leading healthcare organizations and commit to ambitious Net Zero targets across the healthcare systems supply chain.
CLIMATE FINANCE
Fix climate finance and make it more available, affordable, and accessible
Blended Finance Vehicle
Join as equity or strategic partner in the vehicle that develops climate related projects and businesses in emerging markets and developing economies
Climate and Nature Moonshots
Sponsor and promote funding of new moonshot innovation projects focused on Coral Restoration and Energy Transition
Voluntary Carbon Markets
Commit to purchasing high-integrity carbon credits to help scale high-integrity Voluntary Carbon Markets, which are needed to address 40% of emissions by 2030
Climate Solutions Investment Platform
Join Climate Solutions Investment Platform with a target of $750 Mn to scale companies globally in decarbonization and climate change solutions.
Innovate for Climate Tech
Join a global coalition with the vision to support development and adoption of climate-tech solutions with a special focus on the Global South
PEOPLE AND NATURE
Focus on people, nature, lives and livelihoods
Financing the Future of Food
Invest in the funding platform to accelerate the development of sustainability rich food systems focusing on the Global South
First Movers Coalition for Food
Join the coalition and make procurement commitments to transform food supply chains
Food System Innovation at Scale
Invest to support scale-up of scientifically based and cost-effective solutions to support food systems innovations for low and middle income countries
Nature Positive for Climate Action
Make a Nature Positive commitment to reduce business impact on climate and revert the catastrophic loss of nature by 2030
Water Resilience Coalition
Join the Water Resilience Coalition to address 100+ water-stressed basins and elevate global water resilience by 2030
INCLUSION
Foster full inclusivity
COP28 & SME Climate Hub for MENA
Promote the hub aimed at providing SMEs with resources, tools and services to help with their decarbonization journey
Indigenous Peoples
Join the fund to provide direct financing for Indigenous Peoples and organizations, to help them protect and restore nature and biodiversity
ONE AMAZON & ONE AMAZON Impact Fund
Join a system that unlocks the Amazon’s trillion-dollar regenerative economy by connecting international financial markets and innovation leaders to the communities on the climate frontlines
Join the Planet
Commit to the “Join Planet Foundation” and accelerate the restoration and regeneration of degraded natural ecosystems with social integration in its community and surroundings
The Climate-related Corporate Performance and Accountability System (CPAS)
Join the framework to commit to gold standards of transparency, integrity and accountability in your company’s journey to Net Zero.
Skills for a Greener Future
Join the ‘Global Coalition on Skills for a Green Future’, that emphasizes the urgent need for transforming education and training systems and incorporates essential green skills and competencies
Gender Inclusion
Join the call to action to accelerate climate adaptation and mitigation efforts, systematically addressing the specific demands, needs and vulnerabilities of women and girls across the Global South