Dubai’s DIFC to Lead Global Sustainability Push at Future Forum in December

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Dubai IFC, Madinat, Jumeirah city

Dubai: Dubai International Financial Centre will focus on mobilising sustainable practices in the second edition of the Future Sustainability Forum scheduled from Dec. 4-5 at the Madinat Jumeirah in the city.

Reportedly, the forum will facilitate influential discussions on sustainable development and work toward environmental conservation, social equity and innovation.

The press statement said the forum, alongside initiatives such as the DIFC Sustainable Finance Catalyst, aims to grow sustainable finance flows from Dubai to over $100 billion by 2030.

The forum coincides with the first anniversary of the UN climate change conference hosted in the UAE last year and is set to attract over 3,000 participants.

The event will mobilise industry leaders, investors, tech disruptors, and policymakers to achieve the United Nations Sustainable Development Goals and contribute to the Paris Agreement’s delivery, aiming to channel investment flows between the global north and south to accelerate climate action.

“The DIFC-organised Future Sustainability Forum is a vital platform for collaborative action towards a more sustainable future,” said Alya Al Zarouni, chief operating officer of DIFC Authority, in the statement.

Forging new pathways

Al Zarouni, who is also the co-chair of the Dubai Sustainable Finance Working Group, added that the forum will work together with the participants to forge new pathways to a more resilient future for financial services and other vital industries.

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“Our proactive approach in addressing environmental challenges, exemplified by the successful issuance of CBD’s inaugural green bond, demonstrates our alignment with global environmental goals,” said Bernd van Linder, CEO of the Commercial Bank of Dubai, the presenting sponsor of the forum.

The forum will address critical sustainability issues across eight core pillars: banking and finance, construction, renewable and future energy, transportation and mobility, manufacturing and production, recycling and waste management, sustainable technology, and agriculture and food production.

Additionally, the event will bring together innovative solutions and service providers from across the global sustainability landscape through the Climate Action & Renewable Energy Expo.

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Source: ESG Times News Network
Photo: DIFC

 

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