As part of its participation in COP27, the 27th Conference of the Parties to the UN Framework Convention on Climate Change, currently taking place in Egypt, e& (formerly known as Etisalat Group), the global technology and investment conglomerate, signed a significant Memorandum of Understanding (MoU) with the UAE Independent Climate Change Accelerators (UICCA) on 10 November at the UAE Pavilion.
The three interconnected areas of sustainable finance defined in the 2021 Public Statement are expanded upon in the second public statement, which focuses on enhancing sustainability disclosure, promoting sustainability-focused corporate governance, and developing the UAE's Sustainable Finance Taxonomy.
On Sunday, the world's leading for-profit social enterprise, The Plastic Bank, which works to combat plastic pollution in seas and rivers by constructing recycling ecosystems in under-developed communities, officially announced its participation in the ongoing United Nations Conference of Parties on Climate Change (COP27).