BIG PICTURE
COP28 brings private sector to the table
Dubai , UAE
Public-private partnership ( PPPs ) have been part of the UAE ’ s national economic strategy for decades – and as recent hosts of COP28 , the emirates emphasised this .
Recognising the need for diverse perspectives and resources in addressing global environmental challenges , for the first time in the fight against climate change – the private sector was heard and its role acknowledged .
Delivered on the sidelines of COP28 , the CEO-level Business and Philanthropy Climate Forum convened more than 1,000 CEOs and philanthropists , including Schneider Electric CEO Peter Herweck , BlackRock CEO Larry Fink , and philanthropist and investor Bill Gates .
“ With its dynamism , resources , and innovation , the private sector plays a pivotal role in driving meaningful climate and nature action ,” said COP28 President , Dr Sultan Al Jaber .