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Private Sector Urged To Align With COP28: UAE | |
| Sumita Pawar |
Businesses of all sizes and across all sectors must revisit their business models and restructure it toward supporting sustainable development. According to the media, it is critical that the private sector joins the government in its efforts to address climate change and develop proactive plans for all anticipated challenges.
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To discuss how the private sector can engage in and benefit from the journey towards COP28, Dubai Chambers brought Dubai’s business community to an event.
The report further mentions that businesses of all sizes and across all sectors must revisit their business models and restructure them towards supporting sustainable development. It adds that the UAE recognises the immense potential that climate action has in driving socio-economic growth, creating jobs, empowering women and youth, as well as strengthening the overall economy in a sustainable way for the future.
Remarking over the opportunities for the private sector, Majid Al Suwaidi, Director General, COP28 UAE Presidency, said: "As one of the most dynamic hubs for business in the world, Dubai is home to some of the most innovative and exciting companies on the planet," mentioned the report.
He adds, "This will be a huge asset to the UAE when we host the UN COP28 climate conference in Dubai next November, and we will be counting on our business community to play a leading role in making COP28 UAE a landmark moment for global progress against climate change."
According to a report, a panel discussion hosted speakers from major companies in the UAE who elaborated on the initiatives that have been put in place or are in the works that centre on climate action and how the business community can support COP28.
According to Maha Al Gargawi, Executive Director of Business Advocacy at Dubai Chambers, "As host of COP28, the UAE has an opportunity to strengthen its position and reputation as a leader in climate action, where the environment takes centre stage in the country’s ambitious economic development agenda in the years to come." To that end, the government and private sector need to work in lockstep, and partnerships between the two become more important than ever.
The report concludes with the names of the speakers at the panel discussion, which includes Sabrin Rahma, Director of Domestic Engagements, COP28 UAE;
Yasmine Berbir is the head of sustainability for Nestlé Middle East FZE, Florence Bulte Chalhoub Group, and Aramex. Raji Hattar is the head of sustainability for Aramex.
The session was moderated by Dr. Kamel Mellahi, Senior Manager, Dubai Chamber of Commerce Center for Responsible Business.
By Sumita Pawar