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 tracking the energy transition & slashing emissions before 2030
First Movers Coalition
A coalition which commits to purchasing products and services based on clean technologies to support the decarbonization of high emitting industrial sectors
Global Energy Alliance for People and Planet
Partnerships to drive systemic shifts across Distributed Renewable Energy (DRE) and Green Grids across the Global South
Energy Transition Accelerator
Funding renewable energy projects to accelerate the transition in in emerging markets
Methane Fund
A fund to abate methane emissions from the energy sector by 2030
COP28 Coal
Transition credits to accelerate the early retirement of unabated coal fired power plants, currently responsible for ~27% of global energy and industrial emissions
Global Decarbonization Accelerator (GDA)
The GDA helps reduce emissions from energy, transport and heavy emitting industries, currently responsibly for ~65% of global emissions
CLIMATE FINANCE
Transforming climate finance; delivering old promises and a framework for a new deal
Blended Finance Vehicle
A financial vehicle to spur climate related projects and related businesses in emerging markets and developing economies
Moonshots for Climate and Nature
New moonshots to fund large-scale projects focused on Coral Restoration and the Energy Transition
Voluntary Carbon Markets
High integrity carbon credits to help scale high integrity Voluntary Carbon Markets, needed to address 40% of emissions by 2030
PEOPLE AND NATURE
Putting nature, people, lives and livelihoods at the heart of climate action
Health for Climate
Ambitious Net Zero target across healthcare systems supply chain
First Movers Coalition for Food
A coalition for procurement commitments to transform sustainable food supply chains
Food System Innovation at Scale
Scaling science-based and cost effective solutions to support food system innovations for low and middle income countries
Financing the Future of Food
A funding platform to accelerate the development of sustainability-rich food systems, focusing on the Global South
Nature Positive for Climate Action
Business commitments to reverse the catastrophic loss of nature by 2030
Water Resilience Coalition
A coalition to address 100+ water-stressed basins and elevate global water resilience by 2030
INCLUSION
Mobilizing for the most inclusive COP ever
Indigenous Peoples
A fund to provide direct financing for Indigenous Peoples and organizations, helping to protect and restore nature and biodiversity
Innovate for Climate Tech (ICT)
A coalition to connect and strengthen the Global South tech ecosystem and facilitate access to capital, knowledge and talent
COP28 Net Zero Transition Charter
A charter committing to high standards of transparency, integrity and accountability in your business’ journey to Net Zero
COP28 and SME Climate Hub for MENA
A hub to provide SMEs with resources, tools and services to help with decarbonization journies