The Kuwait Fund for Development is actively reviewing its funded projects in the field of environmental conservation at the State of Kuwait’s pavilion, currently participating in the United Nations Climate Change Conference (COP28) held in Expo City Dubai, United Arab Emirates. This global event, which commenced on November 30 and will continue until December 12, brings together representatives from various agencies and institutions dedicated to environmental and development issues.
During the conference, His Highness the Emir’s representative, Foreign Minister Sheikh Salem Al-Sabah, visited the Kuwaiti pavilion. The Kuwaiti Fund aims to showcase its role in supporting the implementation of projects that preserve the environment, reduce harmful emissions, and promote sustainable development in developing countries.
Emphasizing the environmental sector as a priority, the Fund aims to contribute to the global goal of financing efforts to combat climate change in developing countries. The 28th session of the conference focuses on several topics, including accelerating the just and energy transition and bridging the gap in emissions.
Mr. Walid Shamlan Al-Bahr, the Acting Director General of the Fund, highlights the organization’s commitment to encouraging countries to implement projects that preserve natural and environmental resources, as well as promote the use of renewable energy sources. These projects play a crucial role in achieving sustainable development goals and are a significant step towards achieving the millennium goals.
Furthermore, the Kuwait Fund for Development has actively contributed to financing the project of adaptation and resilience to sand and dust storms that cross the borders of Kuwait and Iraq. In collaboration with the United Nations Human Settlements Program, this initiative aims to reduce the occurrence of these destructive storms.
By supporting projects that focus on environmental conservation and sustainable development, the Kuwait Fund for Development is playing a vital role in addressing the global challenge of climate change. Through its participation in COP28, the Fund aims to raise awareness about the importance of preserving the environment and reducing harmful emissions.
As countries strive to achieve their climate goals, financing plays a crucial role in supporting developing nations’ efforts. The Kuwait Fund’s commitment to financing projects that promote environmental conservation and renewable energy sources demonstrates its dedication to creating a more sustainable future.
The 28th session of the United Nations Climate Change Conference provides an international platform for countries, organizations, and institutions to come together and discuss strategies for combating climate change. By actively participating in this conference, the Kuwait Fund for Development showcases its commitment to global environmental preservation and sustainable development.
As the conference continues, the Kuwait Fund for Development remains dedicated to its mission of supporting projects that contribute to environmental conservation, reduce harmful emissions, and achieve sustainable development in developing countries. Through its financial contributions and active participation in international initiatives, the Fund is making a significant impact in addressing the challenges posed by climate change.
The Kuwait Fund’s collaboration with the United Nations Human Settlements Program to finance the adaptation and resilience project for sand and dust storms highlights its commitment to finding innovative solutions to environmental challenges that transcend national borders.
Overall, the Kuwait Fund for Development’s participation in COP28 reinforces its position as a global leader in environmental conservation and sustainable development. By prioritizing the environmental sector and financing projects that preserve natural resources and promote renewable energy sources, the Fund is paving the way for a greener and more sustainable future.
Source: TimesKuwait
