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Although there is widespread support for ESG initiatives and a large proportion willing to prioritise positive environmental and social impacts...

When it comes to taking the necessary measures to mitigate the worst effects of climate change, action does not come cheap. Introducing the necessary changes to energy production, ensuring more environmentally methods of production and re-tooling existing industries, for example, will come with significant costs. And, unfortunately, a significant proportion of these costs are going to be borne by those least able to afford them.

On 30 November, the 2023 UN Climate Change Conference begins in Dubai. With COP28 taking place in the United Arab Emirates, just one year after COP27 in Egypt, the concerns of developing economies will be at the forefront of the global climate agenda.

Following the historic COP27 in Sharm El-Sheikh, Dr Dalia Abdel Kader, CIB Egypt’s Chief Sustainability Officer, discusses significant outcomes that raise the bar for COP28 in Dubai.