Islamic Development Bank Participates in COP 28
Dr. Mohammed Al Jasser, President of the Islamic Development Bank, is leading the Bank’s delegation at the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP 28), held in Dubai from November 30 to December 12.
The delegation comprises representatives from all departments and entities of the Islamic Development Bank Group.
Showcasing Climate Initiatives and Strategic Plans
The comprehensive representation of the Bank at COP 28 allows it to display its climate initiatives and broad strategic plans aligned with its strategic directions. The Islamic Development Bank Group holds a leading position in global climate initiatives.
Commitment to Sustainable Future, Fair Transition
Dr. Al Jasser stated the Bank’s commitment to cooperation, innovation, and paving the way for a sustainable future. The Bank is dedicated to promoting a fair and equitable transformation for its member countries and reaffirms its firm commitment to climate action.
Pivotal Moment for Global Climate Efforts
The Bank’s participation in COP 28 marks a key moment for global climate action, consequently emphasizing its role in sustainable development. Furthermore, the Group is coordinating its expertise and resources with the Conference of the Parties.
Additionally, it aims to align its operations with the Paris Agreement goals by the end of 2023. Therefore, this alignment demonstrates the Bank’s commitment to environmental responsibility.
In summary, the Bank’s involvement in COP 28 is a significant step towards global climate change mitigation.
Supporting National Contributions, Long-Term Climate Strategies
The Islamic Development Bank’s operations support the nationally determined contributions and long-term climate strategies of its member states.
This facilitates a just and equitable transition towards low-carbon development, demonstrating the Bank’s strong commitment to climate issues.
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