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President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Majesty King Charles III of the United Kingdom of Great Britain and Northern Ireland witnessed the launch of the Business and Philanthropy Climate Forum as part of UN Climate Change Conference (COP28) events at Expo City Dubai.
The forum featured the participation of over 1,000 CEOs and philanthropists from around 80 countries and was hosted under the COP28 Presidency and the Sustainable Markets Initiative. The forum brought together business leaders, philanthropists, and policymakers to ensure their involvement and cooperation in finding tangible and effective solutions that deliver decisive outcomes.
The forum aims to provide an opportunity for all parties and sectors to work together and contribute to collective efforts aimed at achieving global climate ambitions and fostering sustainable development. It also seeks to connect philanthropists and global business leaders with the COP28 action plan to contribute to the development of climate finance mechanisms and improve livelihoods while ensuring inclusivity.
Additionally, it focuses on enhancing private sector and philanthropic and humanitarian institutions' capacity to achieve groundbreaking and effective solutions during COP28.