Source: Business Desk
The Dubai International Financial Centre (DIFC), the premier global financial hub in the Middle East, Africa, and South Asia (MEASA) region, proudly announces the 2nd edition of the Future Sustainability Forum. Scheduled for 4-5 December 2024 at Madinat Jumeirah, Dubai, the Forum will focus on advancing sustainable practices, engaging in impactful discussions on sustainable development, and promoting environmental conservation, social equity, and innovation.
This event underscores DIFC’s commitment to UAE‘s sustainability priorities, complementing initiatives like the DIFC Sustainable Finance Catalyst, which aims to increase sustainable finance flows from Dubai to over USD 100 billion by 2030. The Forum will coincide with the first anniversary of COP28’s hosting in the UAE and is expected to attract over 3,000 participants. It aims to mobilize industry leaders, investors, tech disruptors, and policymakers to achieve the United Nations Sustainable Development Goals (SDGs) and support the Paris Agreement, while channeling investment flows between the global north and south to expedite climate action.
Alya Al Zarouni, Chief Operating Officer of DIFC Authority and Co-Chair of the Dubai Sustainable Finance Working Group, remarked, “The DIFC-organized Future Sustainability Forum is a crucial platform for collaborative action towards a sustainable future. As the global economic landscape evolves, our commitment to responsible and inclusive growth must strengthen. At DIFC, we are proud to gather industry leaders, innovators, and policymakers to tackle pressing environmental and social challenges. Together, we can pave new pathways to a resilient and sustainable future for financial services and other critical industries.”
Dr. Bernd van Linder, Chief Executive Officer of the Commercial Bank of Dubai and presenting sponsor of the Forum, stated, “Commercial Bank of Dubai is honored to support the UAE’s sustainability ambitions by participating in the Future Sustainability Forum 2024 as Presenting Sponsor. Our proactive approach to addressing environmental challenges, exemplified by the successful issuance of CBD’s inaugural green bond, demonstrates our alignment with global environmental goals.”
The Forum will tackle critical sustainability issues across eight core pillars spanning various industries including 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. Alongside a robust conference agenda featuring over 100 sustainability and climate action expert speakers, the Forum will showcase the most innovative solutions and service providers from the global sustainability landscape through the Climate Action & Renewable Energy Expo (CARE).
UAE government entities have spearheaded a range of comprehensive sustainability programs in pursuit of a net-zero future. Initiatives such as the Dubai Clean Energy Strategy 2050, the UAE Net Zero 2050 strategic initiative, and the UAE Vision 2070 highlight a commitment to renewable energy adoption, water conservation, waste management, and sustainable urban development.
About Dubai International Financial Centre
Dubai International Financial Centre (DIFC) is one of the world’s most advanced financial centres, and the leading financial hub for the Middle East, Africa, and South Asia (MEASA), which comprises 77 countries with an approximate population of 3.7bn and an estimated GDP of USD 10.5trn.
With a 20-year track record of facilitating trade and investment flows across the MEASA region, the Centre connects these fast-growing markets with the economies of Asia, Europe, and the Americas through Dubai.
DIFC is home to an internationally recognised, independent regulator and a proven judicial system with an English common law framework, as well as the region’s largest financial ecosystem of 43,800 professionals working across over 6,150 active registered companies – making up the largest and most diverse pool of industry talent in the region.
The Centre’s vision is to drive the future of finance through cutting-edge technology, innovation, and partnerships. Today, it is the global future of finance and innovation hub offering one of the region’s most comprehensive FinTech and venture capital environments, including cost-effective licensing solutions, fit-for-purpose regulation, innovative accelerator programmes, and funding for growth-stage start-ups.
Comprising a variety of world-renowned retail and dining venues, a dynamic art and culture scene, residential apartments, hotels, and public spaces, DIFC continues to be one of Dubai’s most sought-after business and lifestyle destinations.
Source: www.thenewindependentonline.com
