UAE Pavilion at COP29 Hosts Key Sessions on Climate Finance and Global Transition to Net-Zero
Baku, The Gulf Observer: At COP29, the UAE Pavilion held eight insightful sessions on Thursday focusing on accelerating the global shift to a net-zero and climate-resilient future through enhanced climate finance. The discussions featured leaders from key UAE institutions, including Masdar, HSBC, and the Global Climate Finance Centre (GCFC), addressing strategies for mobilizing investment, fostering collaboration, and enhancing climate solutions, especially in the Global South. Highlights included the UAE’s commitment to sustainable finance, with Majid Al Suwaidi of ALTÉRRA announcing a $5 billion investment for the Global South and exploring the critical role of financial frameworks in addressing climate challenges. The sessions reaffirmed the UAE’s leadership in driving global climate action and inclusive, sustainable growth.
