Sorbonne University Abu Dhabi holds 2nd conference of Pre-COP programme on Sustainable Finance

Sorbonne College Abu Dhabi held on campus the second convention of its Pre-COP programme titled “Sustainable Finance, Inexperienced Funding and Power Transition: Points and Potential Options”.

The convention featured partaking panel discussions on a variety of subjects, together with the position of sustainable finance in combating local weather change, efficient methods to incentivise inexperienced funding, and fostering a bidirectional relationship between vitality transition and sustainable finance.

The occasion introduced collectively lecturers, famend consultants, thought leaders and business professionals who actively participated in discussions and explored options for a sustainable future. These efforts have been aligned with the goals set by the Convention of the Events (COP 28).

Throughout his keynote deal with, Stephane Crouzat, French Ambassador in Cost of Local weather Change Negotiations, commented, “The Paris Settlement has enabled us to steer in the direction of a path when it comes to temperature rise. With out this settlement, we might have been confronted with a temperature improve of 4 to five levels by the top of this century. Because of the dedication of all events, we’re at present going through a 2.5-degree improve, which marks a major enchancment. Nevertheless, it’s nonetheless removed from adequate, emphasising the necessity for intensified efforts and a deal with the upcoming COP 28 as a key assembly to maintain alive the 1.5-degree aim.”

Dr. Salem BouBakri, Affiliate Professor, Sorbonne College Abu Dhabi, commented, “The convention on ‘Sustainable Finance, Inexperienced Funding and Power Transition’ is a singular and really profitable occasion as is a brainstorming that introduced collectively the personal and public sectors, lecturers and policymakers in the identical place.

The principle contributions of the convention discussions are the significance of cooperation to battle international warming and to attain net-zero emissions objectives by 2050, in addition to to mobilising funding to reinforce investments in vitality transition. These outcomes may be integrated by the policymakers to determine a transparent motion plan within the COP28 UAE.”

The success of this convention additional reinforces Sorbonne College Abu Dhabi’s dedication to advancing information and driving optimistic change within the fields of sustainability and finance. It additionally displays the establishment’s dedication to contributing to a extra environmentally acutely aware and economically viable future.

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