P4G at COP28

Friday, December 1, 2023 | 8:00 – 9:30 | Kenya Pavilion | COP28

Transforming economies through green business models is a crucial strategy in addressing environmental challenges, reducing carbon emissions, and promoting sustainable development. Green business models and partnerships play a crucial role in driving green growth, which is characterized by economic development that is environmentally sustainable, enhances economic growth within the planetary boundary and inclusivity through socially responsible approaches. As the world faces pressing environmental challenges such as climate change, resource depletion, and pollution, the adoption of green business models and partnerships has become increasingly important.

The P4G Kenya National Platform will host this COP28 event to highlight the significance of market-based solutions and multi-stakeholder engagements in the green transition. It will foster North - South collaboration through knowledge and skills exchange and access to catalytic finance. Speakers at the event, including P4G Executive Director Robyn McGuckin and members of P4G National Platforms, will discuss the role of policy and enabling regulatory frameworks in driving green solutions toward low carbon development.

Friday, December 1, 2023 | 12:00 – 13:20 | Indonesia Pavilion | COP28

The panel will explore a collaborative solution for Indonesia's formidable waste management challenges. These challenges include but are not limited to solid waste streams such as plastic and organic waste, but also industrial waste. As Indonesia is committed to implementing a circular economy approach, the panel will also discuss financing and public-private partnerships to answer the financing gap within Indonesia's waste management system. The event is organized by the Indonesia National Plastic Action Partnership

Saturday, December 2, 2023 | 14:00 – 15:00 | Danish Pavilion | COP28

Small and Medium-sized Enterprises (SMEs) play a pivotal role in driving change, constituting approximately 90% of all businesses. Particularly in emerging markets, they are responsible for generating 7 out of every 10 jobs. It is imperative to acknowledge that achieving global climate targets is contingent on mobilizing financial resources for SMEs. Access to finance remains a critical impediment to the growth and development of SMEs.

This session aims to share insights between start-ups, policymakers, and investors, on the successes and challenges climate entrepreneurs face on their journey to scale. The objective is to explore strategies for directing climate finance toward climate-focused enterprises in low- and middle-income countries as they transition toward a net-zero economy.

During the session, we will highlight an early-stage climate business, delve into the challenges entrepreneurs encounter, and showcase examples of a successful multi-stakeholder cross-country collaboration aimed at nurturing an investment-ready and financially viable climate enterprise. The conversation will use the example of one partnership to have a broader discussion around climate finance. The session will highlight how public-private collaboration represents opportunities for North-South partnerships that can significantly contribute to achieving the objectives of the Paris Agreement and the Sustainable Development Goals (SDGs).

Register here.

Sunday, December 3, 2023 | 14:30 – 16:15 | South Africa Pavilion | COP28

The agricultural sector in Africa is both a source of livelihood and the backbone of the continent’s economy. To transform African agriculture and ensure sustainable development, there is an urgent need to explore innovative, inclusive financial solutions. This event will identify ways the financial sector can empower African farmers and improve climate resilience. Speakers will share knowledge and best practices around innovative financial models to increase agricultural productivity and ensure that food reaches the most vulnerable. The event will also look at collaboration for resilient water infrastructure and management and how to empower local farmers with technology and equitable financing. The event is hosted by ABSA, a pan-African financial services company. 

Monday, December 4, 2023 | 11:00 – 12:00 | Republic of Korea Pavilion | COP28

Early-stage climate businesses in Low- and Middle-Income Countries (LMICs) struggle to attract climate finance in the form of private investments due to perceived high risks and an unfavorable environment, resulting in costly private capital and limited flow. Policy and regulatory barriers deter investors, causing misalignment in priorities.

This session will highlight successful strategies that have improved in-country enabling systems and mitigated investment risks to attract private sector investment for climate entrepreneurs. It will bring together a panel of high-level P4G country partner representatives from governments and the private sector, together with partnerships, to discuss the challenges and opportunities for private sector investment in climate businesses in their respective countries.

P4G will highlight its role in helping promote enabling systems for climate entrepreneurship including through P4G Summits as global convenings to facilitate knowledge exchange.

Watch the livestream here.