Dubai time: 3 December 2023, 18:30-20:00.
The successful transition to a low-carbon and climate-resilient economy aligned with the Paris Agreement goals requires a profound transformation across key economic sectors. This transformation will necessitate the integrated and coordinated implementation of cost-effective policies, investments, and capacity-building activities. The capital investment needs for this transition are significant. Programmatic approaches structured around country-driven and needs-based platforms can help to achieve a major step-change in the scale and effectiveness of climate action. Such platforms, consisting of specific country-driven packages of policy, investment, and capacity-building activities, would allow for the implementation of sectoral or thematic components of the transition to a low-carbon and climate-resilient economy. Multilateral development banks (MDBs) are uniquely positioned to support this country-driven transformation through their country-level work on policy, finance, and capacity building.
The event will showcase how countries are embracing programmatic platform-based approaches to accelerate their decarbonization efforts toward Paris-aligned low-carbon and climate resilient pathways, and how MDBs and other international stakeholders are supporting these developments.