News DeskDubai, UAE – Dubai International Financial Centre (DIFC) inaugurated the first-ever Future Sustainability Forum at the Ritz-Carlton, DIFC, in the presence of over 1000 industry leaders and changemakers from 30 countries. The two-day event, held before COP28, focuses on addressing climate financing in emerging markets and unites global financial sector experts in climate action.
The Forum’s first day featured discussions on strategies for transitioning to a sustainable economy, aligning with the Paris Agreement and United Nations Sustainable Development Goals for 2030. Essa Kazim, DIFC Governor, emphasized Dubai and DIFC’s role in driving climate finance mobilization and supporting the COP28 agenda.
The Forum aligns with COP28’s four-pillar plan, highlighting the need for significant financial commitments to achieve global sustainability goals. DIFC’s support for the sustainable debt market on Nasdaq Dubai positions it as a leader in this field. The event also saw the signing of two Memoranda of Understanding, further emphasizing Dubai’s role in facilitating climate finance.
Arif Amiri, CEO of DIFC Authority, stressed the power of finance as a tool for positive change and its role in advancing the transition to green economies, supporting COP28 priorities.
The first day included panel discussions and sessions on key topics such as making Dubai a global sustainable finance hub, integrating ESG into decision-making, and mobilizing finance for climate action.
The second day promises more insightful discussions on topics like nature-based solutions, innovations in carbon offsetting, harnessing renewables, and integrating climate risk into financial planning.
The Forum features prominent speakers, including government officials and industry leaders, and underscores DIFC’s commitment to sustainable finance and its role as a leader in Green and Sustainable Bonds and Sukuk.
