ITC at COP28
COP28, the 28th United Nations Climate Change Conference, kicks off in Dubai on November 30, and for the first time the subject of Trade will feature prominently at the table of negotiations.
ITC will highlight the importance of small businesses around the world and why climate action needs to happen with a 'just transition', which is an inclusive transition, involving the participation of small businesses, and especially those led by youth, women, indigenous communities, and marginalized groups.
3 December 2023
Building a Just Transition in the context of small business development needs to relate to the realities of local communities, migrants, children, persons with disabilities and people in vulnerable situations and the right to development, as well as gender equality, empowerment of women and intergenerational equity.
Ms. Pamela Coke-Hamilton
4 December 2023
Iraq's Nationally Determined Contribution (NDC) targets a conditional 15% reduction in greenhouse gas (GHG) emissions by 2030, or 90 million metric tons of carbon dioxide (MMtCO2) per year. 13% of this commitment is conditional on USD 100 billion in financial and technical assistance. The country’s commitment remains modest, with significant development gaps in different sectors and a strong focus in the NDC on curbing emissions from key energy-consuming sectors (oil and gas, electricity and transport). In adaptation, strong investment in the agri-food sector is recognized as a critical element in diversifying the economy, promoting green growth, and building community resilience to the impacts of climate change.
Key thematic discussion will revolve around.
1- Institutional (public sector) readiness: Reflect on the Government of Iraq’s climate finance strategy to promote green growth, with a focus on bridging the funding gap and sustaining climate finance in Iraq.
2- Leveraging impact/social investments: Discuss the role of impact investors in promoting green growth in Iraq, including opportunities to direct resources to projects and initiatives that generate positive environmental and social impacts, while meeting national climate objectives and generating financial returns.
3- Leveraging public-private partnership (PPPs): Assess the role and potential of public-private cooperation for climate-positive investments, which is critical to identifying innovative solutions and mutually beneficial outcomes that promote sustainable economic developments and job creation.
Ms. Vanessa Erogbogbo (Moderator)
Mr. Vamsi Duraibabu
Dr. Maher Hammad Johan
Mr. Nikita Parfeniouk
Mr. Martin Frick
Dr. Yousif Yousif
This panel will explore the importance of enabling small businesses’ climate actions in SIDS, LLDCs and LDCs in the context of climate and financial justice. It will explore the need for access to climate finance for small business and marginalized communities, as well as sustainable and innovative business models. Partner: UN-OHRLLS
Ms. Pamela Coke-Hamilton
H.E. Rabab Fatima
Dr. Hyginus ‘Gene’ Leon
Dr. Carolyn Deere Birkbeck
5 December 2023
This panel will facilitate a meaningful and solutions-oriented dialogue toward achieving deforestation-free global value chains. The conversation will highlight national and international efforts of forest protection, private sector initiatives, innovative sustainable business models, and key enabling policy solutions.
In recognizing that deforestation is just one factor that exacerbates climate change and nature loss challenges, the panellists will explore how businesses, including smallholders, local communities and indigenous peoples can prepare for changing frameworks on environmental sustainability, and how trade and related policies can support this transition.
Ms. Pamela Coke-Hamilton
6 December 2023
This session aims to explore:
• How the design and implementation of the current mechanisms for financing climate change are taking gender perspectives into account.
• What are the key challenges for small businesses when it comes to climate finance.
• How sustainable trade can support mobilizing the climate finance advance on gender equality.
This session will showcase the small business perspective and examine the issues faced on the journey to sustainability, looking at the inclusive finance and trade solutions that can empower a small business to take climate action.
Partner: Caribbean Development Bank & Asian Development Bank
The session will bring together ecosystem enablers and youth entrepreneurs to discuss opportunities and priorities to promote small business climate action in developing countries, and share stories of small businesses climate action from around the world.
Hamza Cherif D’Ouezzan
Dr. Damie Sinanan
8 December 2023
It highlights the critical need to include often overlooked constituencies - youth, women, and indigenous communities - in our shared quest for a sustainable future. The discussion will delve into how embracing inclusivity is key to driving a green and just transformation.
Featuring a dynamic mix of young ecopreneurs, indigenous youth, and professionals committed to inclusive trade, the panel fosters a rich, collaborative conversation. They will dissect various approaches to bridge current divides and cultivate an ecosystem conducive to nurturing the upcoming wave of socio-eco-innovators. This conversation underscores the value of diverse viewpoints in driving enduring and sustainable change, particularly on how to foster climate action in mitigation, adaptation and resilience building. It aims to shed light on how a supportive and inclusive environment can empower these leaders to usher in a world that is not only greener but also more just and equitable.
Businesses can gather meaningful data that allows them to track their environmental performance through time, as well as indicate how far a company is from its target consumption levels.
The panel will launch the tool and showcase pathways to resource efficiency. The panel will share a wealth of experiences, including lessons learnt from small business and business support organizations.
9 December 2023
Fostering sustainable business models of nature-based value chains is essential to delivering inclusive and sustainable socio-economic development, and to accelerating the green transition.
Particularly within developing economies and countries with significant biodiversity, the bioeconomy offers a path to better livelihoods, while preserving native flora and fauna.
The session will bring together parties, practitioners, international and regional agencies and SMEs to explore the role trade can play in fostering sustainable and inclusive bioeconomy value chains.
10 December 2023
To secure the low carbon future, producers organisations, small holder farmers and communities cannot be left behind. These farmers are living through the changes in climate, are vulnerable from it, while at the same time are already providing sustainable and inclusive solutions for transforming food system.
This session will discuss the role that trade can and should play to promote social and economic development and help deliver a just agroecology transition.
Partners: Fairtrade International and UNEP