The Caribbean Development Bank (CDB) will intensify its lobby for increased resources for Climate Action in the Region at the 28th Annual United Nations Climate Change Conference (COP28) scheduled November 30 – December 12, 2023, at Expo City, in Dubai, United Arab Emirates.
The Bank will use the seminal summit to highlight the challenges the climate crisis is posing for the Caribbean and to advocate for global support to neutralize the threat.
CDB is also supporting the Caribbean’s climate agenda by partially financing the establishment of the CARICOM Pavilion, which will serve as a hub for regional interests at COP 28.
CDB will host several advocacy-focused sessions to increase awareness about key climate issues starting with a panel discussion on Monitoring, Reporting, and Verification (MRV) Systems for Climate Finance Tracking, which is set for December 4, 2023, at the CARICOM Pavilion.
The discussion will explore how MRV systems can improve the management of climate financing, shape climate change policy, and improve data gathering.
Sustainable Energy will be on the front burner on December 5, 2023, when CDB will launch its guidebook on the Minimum Regulatory Function (MRF) for the Energy Sector.
The event will include an exposition of how an appropriate electricity sector governance framework can encourage investments in renewable energy and accelerate the Caribbean’s sustainable energy transition. It will be hosted in partnership with the Inter-American Development Bank (IDB) at the IDB Pavilion of the Americas.
CDB to Lobby for Increased Climate Finance at COP 28 added by Caribbean American Weekly on
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