COP28: OPEC Fund to expand partnerships and launch new initiatives to strengthen climate resilience and promote global food security
VIENNA, Nov. 29, 2023 /PRNewswire/ -- The OPEC Fund for International Development (the OPEC Fund) is launching new initiatives and strengthening partnerships at the UN Climate Change Conference COP28 in Dubai, United Arab Emirates.
- VIENNA, Nov. 29, 2023 /PRNewswire/ -- The OPEC Fund for International Development (the OPEC Fund) is launching new initiatives and strengthening partnerships at the UN Climate Change Conference COP28 in Dubai, United Arab Emirates.
- During the two-week conference in Dubai the OPEC Fund will have a substantial presence at its own pavilion in the Blue Zone.
- Aligned with its Climate Action Plan, the OPEC Fund is increasing climate adaptation, mitigation and resilience investments in energy, transport, agriculture, food, water and smart cities.
- In 2022, the OPEC Fund launched a US$1 billion Food Security Action Plan in response to global supply chain disruption and in recognition of the impact of climate change on medium- and long-term food production.