Trade House event at COP28: Trade and fiscal space - The finance question

Trade House event at COP28: Trade and fiscal space - The finance question
08 December 2023
12:00 - 13:00 hrs. Dubai Expo City, Trade House Pavilion [LIVE STREAM]
, United Arab Emirates

Major economies are channeling hundreds of billions of dollars into building their comparative advantage in low carbon technologies and renewable energy.

On the other hand, financing needs of developing countries are escalating due to a combination of factors such as increased public debt from measures countering the Covid-19 pandemic, diminished private inflows and unmet financing commitments from the international community.

In this context, developing countries risk being left behind, stuck with fossil intensive infrastructure while unable to compete with the subsidies benefitting developed countries.

  • What can developing countries do to safeguard their climate ambitions?
  • What are the different kinds of financing needed to ensure they can benefit from participation in international trade?
  • What are the risks of allowing fiscal space to be squeezed further?

Join us for this event where we will explore a way forward for development ambition within an accelerating green technology race.

This event will be live streamed

Join us online



  • Avantika Goswami, Centre for Science and Environment (CSE) India


  • Richard Kozul-Wright, Director of the Division on Globalization and Development Strategies, United Nations Conference on Trade and Development (UNCTAD).
  • Fadhel Kaboub, Global Institute for Sustainable Prosperity.
  • Hans Olav Ibrekk, Policy Director, Section for Energy, Climate and Food Security, Norwegian Ministry of Foreign Affairs, Norway.
  • Adriana Erthal Abdenur, Cabinet of the Presidency, Brazil
Richard Kozul-Wright
Director, Globalization and Development Strategies Division

Richard Kozul-Wright is the director of UNCTAD’s globalization and development strategies division.

He has worked at the UN in both New York and Geneva and published widely on economic issues, including in the Economic Journal, the Cambridge Journal of Economics, the Journal of Development Studies, and the Oxford Review of Economic Policy.

He has co-written books such as The Resistible Rise of Market Fundamentalism with Paul Rayment and co-edited volumes of Transnational Corporations and the Global Economy, Economic Insecurity and Development, Securing Peace, Climate Protection and Development and Industrial Policy.

He also co-edited Transforming Economies: Making Industrial Policy Work for Growth, Jobs and Development with the International Labour Organization.

He holds a PhD degree in economics from the University of Cambridge in the UK.

Sponsor / funding:
Climate Emergency Collaboration Group (CECG)

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Related Site:

28th Conference of the Parties to the UN Framework Convention on Climate Change (COP28)
30 November to 12 December 2023, Expo City, Dubai


UN Climate Change Conference
30 Nov - 12 Dec 2023


COP28 Trade House Pavilion Programme
1-12 December 2023, Expo City, Dubai