November 30, 2023

2DII at Dubai, UAE for the COP 28


As the international community gears up for COP 28, the urgency to address climate change has never been more pronounced. As a think tank committed to supporting the financial industry in transitioning towards sustainable economic models, we take part in the next COP 28 in Dubaï, UAE. We propose to focus particularly on issues related to emerging markets, with a special emphasis on Africa, and the crucial intersection of climate finance.

4 pillars underpin our action and participation in this COP 28:

  1. Expertise in Sustainable Finance – We have been at the forefront of promoting sustainable finance practices globally. Our expertise lies in developing methodologies and tools that facilitate the alignment of financial flows with climate goals and improve the impact of investment policies. By participating in COP 28, we aim to contribute to providing insights to shape policies that encourage sustainable investments globally and in particular among emerging countries.
  2. Climate Finance as a Catalyst for transition– We place a strong emphasis on the role of climate finance as a catalyst for transformative change. By participating in COP 28 discussions, we aim to highlight the importance of mobilizing funds for climate-resilient projects in emerging markets, thereby fostering sustainable development and mitigating the adverse impacts of climate change. Transition finance should be a strong priority for the financial sector to bridge the financing and investment gaps. Financial institutions shall enhance the level and granularity of disclosure and engage strongly to develop credible transition plans. 
  3. Emerging Markets and Africa’s Role – Recognizing the unique challenges faced by emerging markets, especially by the African continent, we are poised to advocate for inclusive and tailored solutions. We understand that addressing climate change in these regions requires nuanced approaches that consider socio-economic factors, infrastructure development, and the need for resilient and sustainable financial systems.
  4. Collaboration for Impact – 2DII recognizes that effective climate action requires collaboration between governments, financial institutions, and the private sector. Through its participation in COP 28, we seek to foster partnerships that drive impactful, fair and scalable solutions, making sure that emerging markets are not left behind in the global transition to a low-carbon economy.

As COP 28 becomes a pivotal moment in the global fight against climate change, 2DII’s interest in participating underscores the importance of sustainable finance in shaping the future of emerging markets, particularly in Africa. Through its wealth of expertise and commitment to collaborative solutions, 2DII is poised to play its part in driving actionable outcomes that align with the goals of the international community in building a more sustainable and resilient world.

Join us for the 2 events!


2DII today announced it is transferring stewardship of the Paris Agreement Capital Transition Assessment (PACTA) to RMI, formerly Rocky Mountain Institute. PACTA measures financial portfolios' alignment with various climate scenarios, including those consistent with the Paris Agreement. Under RMI’s stewardship, PACTA will remain a free, independent, open-source methodology and tool, and will continue to provide the financial and supervisory community with forward-looking, science-based scenario analysis to help users make climate-aligned financing decisions. RMI will invest in scaling up PACTA’s usability and applicability in day-to-day investment decisions as well as reporting requirements.

Access the full press release here: the coming weeks, we will update this website with additional information. For now, please note that all contact information remains unchanged.