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VERSION:2.0
PRODID:unctad.org
BEGIN:VEVENT
UID:6a4dd163812e9
DTSTART:20231208T080000Z
SEQUENCE:0
TRANSP:OPAQUE
DTEND:20231208T090000Z
LOCATION:Dubai\, United Arab Emirates
SUMMARY:Trade House event at COP28: Trade and fiscal space - The finance qu
 estion
CLASS:PUBLIC
DESCRIPTION:Major economies are channeling hundreds of billions of dollars 
 into building their comparative advantage in low carbon technologies and r
 enewable energy.On the other hand\, financing needs of developing countrie
 s are escalating due to a combination of factors such as increased public 
 debt from measures countering the Covid-19 pandemic\, diminished private i
 nflows and unmet financing commitments from the international community.In
  this context\, developing countries risk being left behind\, stuck with f
 ossil intensive infrastructure while unable to compete with the subsidies 
 benefitting developed countries.What can developing countries do to safegu
 ard their climate ambitions?What are the different kinds of financing need
 ed to ensure they can benefit from participation in international trade?Wh
 at are the risks of allowing fiscal space to be squeezed further?Join us f
 or this event where we will explore a way forward for development ambition
  within an accelerating green technology race.This event will be live stre
 amedJoin us onlineProgrammeModerator:Avantika Goswami\, Centre for Science
  and Environment (CSE) IndiaSpeakers:Richard Kozul-Wright\, Director of th
 e Division on Globalization and Development Strategies\, United Nations Co
 nference on Trade and Development (UNCTAD).Fadhel Kaboub\, Global Institut
 e for Sustainable Prosperity.Hans Olav Ibrekk\, Policy Director\, Section 
 for Energy\, Climate and Food Security\, Norwegian Ministry of Foreign Aff
 airs\, Norway.Adriana Erthal Abdenur\, Cabinet of the Presidency\, Brazil
  &lt\;p&gt\;Major economies are channeling hundreds of billions of dollar
 s into building their comparative advantage in low carbon technologies and
  renewable energy.&lt\;/p&gt\;&lt\;p&gt\;On the other hand\, financing nee
 ds of developing countries are escalating due to a combination of factors 
 such as increased public debt from measures countering the Covid-19 pandem
 ic\, diminished private inflows and unmet financing commitments from the i
 nternational community.&lt\;/p&gt\;&lt\;p&gt\;In this context\, developing
  countries risk being left behind\, stuck with fossil intensive infrastruc
 ture while unable to compete with the subsidies benefitting developed coun
 tries.&lt\;/p&gt\;&lt\;ul&gt\;&lt\;li&gt\;What can developing countries do
  to safeguard their climate ambitions?&lt\;/li&gt\;&lt\;li&gt\;What are th
 e different kinds of financing needed to ensure they can benefit from part
 icipation in international trade?&lt\;/li&gt\;&lt\;li&gt\;What are the ris
 ks of allowing fiscal space to be squeezed further?&lt\;/li&gt\;&lt\;/ul&g
 t\;&lt\;p&gt\;Join us for this event where we will explore a way forward f
 or development ambition within an accelerating green technology race.&lt\;
 /p&gt\;&lt\;h4 class=&quot\;text-align-center\n\nView meeting on unctad.or
 g\nhttps://unctad.org/meeting/trade-house-event-cop28-trade-and-fiscal-spa
 ce-finance-question
DTSTAMP:20260708T042611Z
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