As the largest ever UN climate summit COP28 hosted by UAE urged every country and every stakeholder to be accountable to keep the 1.5-degree Celsius target within reach, it is acknowledged that this is a big challenge but a doable one.
In this context, COP 28 president designate His Excellency Dr. Sultan Al Jaber noted that climate finance challenge is a top priority to support the global transition to clean energy.
Today is Finance Day.
We are proud to remember that DIFC this year became the first financial centre in the region to announce its green finance framework.
It is remarkable that other initiatives underway include DIFC’s decarbonization strategy, approach to sustainable procurement and baselining ESG measures for disclosure and governance.
DIFC COP 28 legacy programme – The sustainable Finance Catalyst- that has the multiple dimensions of achievements like First Global Hub for Sustainable Finance in MENA, One Million leaders trained on Sustainability, USD 100BN sustainable and Islamic finance raised from Dubai.
At this juncture, we take this opportunity to extend high regards to esteemed Governor of DIFC, His Excellency Essa Kazim for his profound leadership and especially for the introduction of DIFC’s ground breaking COP28 legacy programme which will further demonstrate and cement DIFC’s commitment to remain the region’s champion for Climate change, sustainability and transition finance.
We would like to reverberate and echo his message ” We have one planet and it is our duty to protect it for generations to come. Reflecting the goals of COP28, we must unite, act and deliver”.
Indeed, DIFC consistently lead by example and we are proud to have our presence in DIFC’s legal community!
