Geneva, 29 August 2023 (TDI): The United Nations Conference on Trade and Development (UNCTAD) is partnering with the COP28 UN Climate Summit and other key entities to advance climate finance and investment dialogue.

The 8th World Investment Forum, organized by UNCTAD, will be held with COP28’s second preparatory Global Dialogue and Investment-Focused Event in Abu Dhabi from 16 to 20 October 2023.

The event will be organized by the COP28 incoming Presidency, the United Nations Framework Convention on Climate Change (UNFCCC), and the International Renewable Energy Agency (IRENA), in partnership with UNCTAD and Abu Dhabi Global Markets (ADGM).

The Global Dialogue and Investment-Focused Events were agreed upon by the Parties at COP27, and the overall outcome of the deliberations will feed directly into COP28 negotiations.

The Global Dialogue, scheduled for 15 and 16 October, will address the theme of accelerating a just energy transition in transport systems.

It will focus on identifying challenges, barriers, and roadblocks in the transition, developing actionable solutions and innovations for policies, institutional arrangements, finance, and technologies, and exploring opportunities to direct finance flows toward implementing mitigation projects on the ground.

Subtopics will include deploying collective and non-motorized modes of transport, energy and resource improvements, electrification of vehicles, and shifting to low or zero-carbon fuels.

The Investment-Focused Event on 17 October will explore unlocking finance for mitigation projects, overcoming barriers to access to finance, and identifying investment opportunities and actionable solutions informed by nationally determined contributions (NDCs) for public and private financiers, investors and international climate finance providers.

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The forum will bring together over 6,000 investment stakeholders from 160 countries, including global investment community members, heads of state and government, ministers, lawmakers and business executives.

Sovereign wealth fund managers, investment treaty negotiators, heads of investment promotion agencies, international investment location experts, heads of international organizations, civil society representatives, eminent scholars, and the international media will also grace the event with their presence.