Closing the gap: A fast track for climate action and finance
Impressions of the high-level event of the International Climate Initiative at COP28 in Dubai
This year’s IKI High-level event “Closing the gap: A fast track for climate and green finance” at COP28 in Dubai celebrated 15 years of IKI with a high level discussion and the launch of the IKI Thematic Call 2023.
Keynote statements by State Secretary Stefan Wenzel from the Ministry for Economic Development and Climate Action and UNDP Administrator Achim Steiner set the stage for the discussions. Both speakers underscored the remarkable success of IKI in climate and biodiversity financing. They highlighted the program's unwavering commitment to addressing core challenges related to climate and biodiversity, along with a dedicated focus on fostering multilateral partnerships. Notable collaborations include the Just Energy Transition Partnerships, NDC Partnership, and the UNDP Climate Promise.
The high-level panel discussion ensued featured interactive elements engaging the audience. The panelists emphasized the imperative of directing funds towards the most vulnerable communities. Additionally, they stressed the necessity of adapting financial instruments to effectively address the triple planetary crisis of climate change, pollution, and biodiversity loss.
The panel hosted two high-level representation of the two IKI priority countries Indonesia and South Africa, who illustrating how financing can play a pivotal role in facilitating a just transition away from fossil fuels. These case studies of the Just Energy Transition Partnerships demonstrated the tangible impact of strategic financial support in enabling states to embrace sustainable alternatives. The panelists stressed the need to build capacity for a green transition on the ground, strengthen sub-national inclusion and state ownership.
The launch of the IKI Thematic Call 2023 further solidifies IKI's dedication to addressing the pressing challenges of our time and propelling innovative solutions for a climate-resilient and biodiverse planet.
The following speakers took part in this year's IKI COP28 event:
Opening
- Stefan Wenzel, State Secretary Parliamentary State Secretary, Federal Ministry for Economic Affairs and Climate Action
- Achim Steiner, Administrator of the United Nations Development Programme
Panel
- Rachmat Kaimuddin, Deputy Minister of the Coordinating Ministry for Maritime Affairs and Investment, Indonesia and Focal Point for JETP
- Jennifer Lee Morgan, State Secretary and Special Envoy for International Climate Action, German Federal Foreign Office
- Stefan Tidow, State Secretary, German Federal Ministry for the Environment
- Pablo Vieira, Global Director of the NDC Partnership Support Unit
- Joanne Yatwitch, Head of the Presidency’s JETP Implementation Unit
Impressions
Stefan Wenzel, Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Climate Action, also used the opening of the event to officially launch the IKI Thematic Call 2023.
Achim Steiner, Administrator of the UN Development Programme, during his keynote speech at the event.
Panel discussion
There was a lively interest in the IKI event.
Moderator Hajar Yagkoubi used the opportunity to involve the audience by means of voting cards.
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