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illuminem summarizes for you the essential news of the day. Read the full piece on COP28 UAE or enjoy below:
🗞️ Driving the news: The inaugural COP28 Business & Philanthropy Climate Forum is set to open on November 30 at Expo City, Dubai
• This event, coinciding with the World Climate Action Summit, aims to foster collaboration among global leaders, CEOs, philanthropists, and NGO heads to advance climate goals and industry transition
🔭 The context: Hosted by the COP28 Presidency, the Forum is a first-of-its-kind event focused on inclusive climate action
• It seeks to bring together decision-makers from diverse sectors worldwide, emphasizing the UAE's commitment to a broad-based approach to addressing climate issues
🌍 Why it matters for the planet: The Forum will highlight initiatives and actions under the COP28 Action Agenda's four pillars: Energy Transition, Climate Finance, People & Nature, and Inclusion
• It underscores the critical role of public, private, and philanthropic sectors in tackling the climate crisis and achieving net-zero emissions
⏭️ What's next: The Forum will showcase various initiatives like the Climate Investment Platform, Climate and Nature Moonshots, the First Movers Coalition, and funding for Indigenous Peoples
• These programs aim to catalyze global action and investment in clean technologies and nature restoration
💬 One quote: "We are committed to hosting a fully inclusive COP, and it would be impossible to do this without the vital input of our business and philanthropy communities" (Dr. Sultan Al Jaber, COP28 President)
📈 One stat: COP28 UAE expects over 70,000 participants, including global leaders and representatives from various sectors, highlighting the extensive engagement and collaboration efforts
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