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.
Global food security is threatened by a dual challenge: Climate change is affecting agriculture, while increasing food production greatly contributes to climate change. Mitigation and adaptation strategies are key to build sustainable and resilient food systems for the future
Gerd Müller, Director General of the United Nations Industrial Development Organization (UNIDO), shares his views on the global food security challenge and on how technology, innovations and investments are key to address the issue
As the poorest and most marginalized people are unfortunately the most affected by the current global crises, they must come first in our response