The World Federation of Exchanges (the WFE), the global industry group for exchanges and CCPs, is convening stakeholders at COP 28. The event is being held jointly with Dubai Financial Market at Nasdaq Dubai MarketSite on 5th December - the Just Transition Day at COP 28.

Financial markets are key to achieving a sustainable future, providing the capital needed for companies and the public sector to drive green initiatives forward. Public markets will continue to play an important role in supporting the sustainability agenda, along with social and governance objectives. 

Exchanges seek to provide opportunities for investors to support the transition of companies towards greener outcomes and for investors to support opportunities to enhance a ‘just transition’. They also play a key role in encouraging good governance amongst issuers of securities, and are continuing to strive to bring clarity, consistency and rigour to the concept of green which will benefit efforts to counter greenwashing.

This event builds on the ESG work we have undertaken to date, notably the WFE’s Green Equity Principles and our research into Voluntary Carbon Markets (VCMs) and the Just Transition. It will play an important part in charting the course for the next phase of development.

The audience will bring WFE Members together with other key stakeholders within the finance industry, all of whom are experts in their field. Discussions will take the form of a range of panels and keynote speeches as we address issues of green equity designations, how VCMs can better function and how we can best achieve a just transition.

For further details on the programme, speakers, venue, travel information, and to register, please go to the event's website. 

Nandini Sukumar, Chief Executive Officer at the WFE, said: “The transition to a greener world cannot happen without the appropriate finance in place to facilitate the change. Public markets are the key source of this finance, and the exchange industry has made important strides in this area, for example, with the agreement of our Green Equity Principles. Convening events like this are important for determining the industry’s direction of travel, overcoming obstacles, learning from each other, and keeping the momentum going. I look forward to an insightful and thought-provoking event.”