Dubai: The UAE Ministry of Economy is set to host a Sustainable Trade Forum on December 4, 2023, during the United Nations Climate Change Conference (COP28).
The Sustainable Trade Forum is in line with COP28’s International Trade Day, marking the first time “trade” as a concept, has been featured as an official day at a COP meeting.
The event has been designed to bring together leaders from the private sector to explore opportunities surrounding sustainable, inclusive supply chains and the contribution the global business community can make towards a more flexible and climate-friendly economy.
Dr. Thani Al Zeyoudi, UAE Minister of State for Foreign Trade, stated that, “This is an opportunity to drive new understanding and share critical insights on the intersection of business and trade, but it is also designed to drive real-world, bold climate action. The sessions have been designed to explore the groundbreaking innovations and strategies that will shape the future of sustainable, digitally enabled global trade, to inspire the global community to consider measures that can fast-track our transition to a climate-friendly economy, and also to signal to the world that we are committed to forging a more sustainable and greener business landscape.”
Speakers from major global and domestic companies and other expert stakeholders will explore sectors integral to the future of global trade. This will help confirm the UAE’s role as a champion of trade modernization ahead of the World Trade Organization’s 13th Council of Ministers (MC13) in Abu Dhabi in February 2024.
The forum, which is hosted in the Blue Zone at COP28, consists of two sessions tackling critical themes. The first will cover “Strengthening Sustainable Supply Chain Resilience: Navigating Global Disruption”, and the second will address the topic of “Fostering Green Entrepreneurship: Nurturing a Sustainability-led Startup Ecosystem”.
The forum will be held in partnership with the global fintech firm Capital.com, one of Europe’s fastest-growing investment-trading platforms, and leading Vietnamese electric car manufacturer, VinFast.