The Business and Philanthropy Climate Forum will begin at Expo City in Dubai on November 30 with a reception attended by world leaders, business executives and philanthropists as Cop28 gets under way.
Running alongside Cop28 until December 2, the forum will bring together more than 1,000 heads of state, governments, business representatives, philanthropists and heads of NGOs to accelerate and showcase progress made on climate targets and industry transition.
The UAE created the forum as part of its ambition to host an inclusive climate conference that harnesses broad support and engagement from all regions.
“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-designate, said.
“The Business and Philanthropy Climate Forum at Cop28, is a key part of our presidency’s agenda, and will help deliver concrete outcomes from the private and philanthropic sectors.
“The time is now for businesses and philanthropists to step up and play a leading role in helping the world meet net-zero pathways.”
The forum will focus on collective action, discussing initiatives and outcomes underpinned by the Cop28 Action Agenda’s four key pillars of energy transition, climate finance, people and nature, and inclusion.
The showcase will consider initiatives that are working to harness the power of global decision-makers across public, private and philanthropic sectors to urgently tackle the climate crisis, achieve net-zero emissions, reverse nature loss and restore biodiversity.
Initiatives under consideration will include the Climate Investment Platform, which is a climate technology fund to scale up proven climate technologies in the Global South focusing on emissions reduction, as well as the Climate and Nature Moonshots which funds innovative projects focused on coral restoration and energy transition.
Other projects to be discussed at the showcase include the First Movers Coalition, which commits to purchasing products and services based on clean technologies to support the decarbonisation of high emitting industrial sectors.
Also under consideration will be the Indigenous People’s Outcome, which is a fund to provide direct financing for indigenous peoples and organisations to help them protect and restore nature and biodiversity.
“We are starting to create real and meaningful progress towards the green transition by putting the private sector at the heart of the conversation” Badr Jafar, Cop28 special representative for business and philanthropy and chairman of the forum, said.
“Our action-oriented agenda directed towards the world’s top decision-makers, aims to zero in on where public-business-philanthropic partnerships can accelerate, replicate, and scale while shifting the dialogue from billions to the trillions that are required.”
Jennifer Jordan-Saifi, chief executive of the Sustainable Markets Initiative, said: “A sustainable future is the growth story of our time.
“To seize it, we need to define and align country, industry and financial road maps.
“We also need to recognise and celebrate the steps leaders, companies and investors are making in the right direction.
“The Cop28 Business Philanthropy and Climate Forum is a unique opportunity for the world’s top decision-makers to work with their peers to raise ambition, assess progress and hold up the mirror of accountability”.
MATCH INFO
Sheffield United 2 Bournemouth 1
United: Sharp (45 2'), Lundstram (84')
Bournemouth: C Wilson (13')
Man of the Match: Jack O’Connell (Sheffield United)
How to become a Boglehead
Bogleheads follow simple investing philosophies to build their wealth and live better lives. Just follow these steps.
• Spend less than you earn and save the rest. You can do this by earning more, or being frugal. Better still, do both.
• Invest early, invest often. It takes time to grow your wealth on the stock market. The sooner you begin, the better.
• Choose the right level of risk. Don't gamble by investing in get-rich-quick schemes or high-risk plays. Don't play it too safe, either, by leaving long-term savings in cash.
• Diversify. Do not keep all your eggs in one basket. Spread your money between different companies, sectors, markets and asset classes such as bonds and property.
• Keep charges low. The biggest drag on investment performance is all the charges you pay to advisers and active fund managers.
• Keep it simple. Complexity is your enemy. You can build a balanced, diversified portfolio with just a handful of ETFs.
• Forget timing the market. Nobody knows where share prices will go next, so don't try to second-guess them.
• Stick with it. Do not sell up in a market crash. Use the opportunity to invest more at the lower price.
Learn more about Qasr Al Hosn
In 2013, The National's History Project went beyond the walls to see what life was like living in Abu Dhabi's fabled fort:
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F1 2020 calendar
March 15 - Australia, Melbourne; March 22 - Bahrain, Sakhir; April 5 - Vietnam, Hanoi; April 19 - China, Shanghai; May 3 - Netherlands, Zandvoort; May 20 - Spain, Barcelona; May 24 - Monaco, Monaco; June 7 - Azerbaijan, Baku; June 14 - Canada, Montreal; June 28 - France, Le Castellet; July 5 - Austria, Spielberg; July 19 - Great Britain, Silverstone; August 2 - Hungary, Budapest; August 30 - Belgium, Spa; September 6 - Italy, Monza; September 20 - Singapore, Singapore; September 27 - Russia, Sochi; October 11 - Japan, Suzuka; October 25 - United States, Austin; November 1 - Mexico City, Mexico City; November 15 - Brazil, Sao Paulo; November 29 - Abu Dhabi, Abu Dhabi.
'The worst thing you can eat'
Trans fat is typically found in fried and baked goods, but you may be consuming more than you think.
Powdered coffee creamer, microwave popcorn and virtually anything processed with a crust is likely to contain it, as this guide from Mayo Clinic outlines:
Baked goods - Most cakes, cookies, pie crusts and crackers contain shortening, which is usually made from partially hydrogenated vegetable oil. Ready-made frosting is another source of trans fat.
Snacks - Potato, corn and tortilla chips often contain trans fat. And while popcorn can be a healthy snack, many types of packaged or microwave popcorn use trans fat to help cook or flavour the popcorn.
Fried food - Foods that require deep frying — french fries, doughnuts and fried chicken — can contain trans fat from the oil used in the cooking process.
Refrigerator dough - Products such as canned biscuits and cinnamon rolls often contain trans fat, as do frozen pizza crusts.
Creamer and margarine - Nondairy coffee creamer and stick margarines also may contain partially hydrogenated vegetable oils.
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Launched: March 2017 on UAE Mother’s Day
Founder: Shamim Kassibawi
Based: Dubai with operations in the UAE and US
Sector: Tech
Size: 20 employees
Stage of funding: Seed
Investors: Three founders (two silent co-founders) and one venture capital fund
