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Overview
The OPEC Fund for International Development will have a substantial presence at the COP28 Climate Change Conference in Dubai, UAE from November 30 to December 12, 2023, hosting its own pavilion in the Blue Zone.
With a delegation led by Director-General Dr. Abdulhamid Alkhalifa, the OPEC Fund is co-hosting various sessions alongside major partners with a view to:
- Scaling-up finance for SDG7 – Affordable and Clean Energy, and SDG 13 – Climate Action, via partnerships, private capital, philanthropies and innovative financing tools
- Supporting the Sustainable and Equitable Energy Transition, with a tailored needs-based approach for the Global South
- Strengthening global food security and resilience, while recognizing that agriculture is one of the biggest drivers of climate change
- Promoting sustainable infrastructure in fragile nations, with a focus on resilience and nature-based solutions.
Major announcements include:
- Launch of the Nature Solutions Finance Hub with the Asian Development Bank (ADB)
- A Practical Arrangement to be signed with the International Atomic Energy Agency (IAEA)
Further announcements and details to follow in the coming days.
#OPECFUNDATCOP28
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