- The forum offers a unique chance to shape global investment policies by tackling the challenges to international investment.
- The forum will offer policymakers and other stakeholders an opportunity to identify solutions and reach a consensus on climate finance and investment priorities.
UNCTAD World Investment Forum Executive Director James Zhan has announced the launch of ‘UNCTAD World Investment Forum 2023’. Taking place under the theme ‘Investing in sustainable development’, the forum, which will be held in October will bring together government leaders, global CEOs and other investment stakeholders.
Zhan stated that the UNCTAD World Investment Forum is the foremost global platform dedicated to investment and development. The forum is aimed at coming up with strategies and solutions for the challenges faced by global investment and development.
Climate finance and investment priorities
It also offers a unique chance to shape global investment policies by tackling the challenges to international investment resulting from various crises. Some of the challenges include the need to invest in food security, energy, and health. Equally, supply chain resilience, sustainable infrastructure, and productive capacity growth in the most vulnerable countries are a core element.
The forum will offer policymakers and other stakeholders an opportunity to identify solutions and reach consensus on climate finance and investment priorities.
The 12th edition of the AIM at the Abu Dhabi National Exhibitions Centre featured keynote addresses, and panel discussions. Speakers tackled an array of topics related to investment and development.
Some of these included a panel discussion focusing on ‘An overview of the major global investment-for-development challenges: the key priority sectors for SDG-relevant investment across the board, including sustainable infrastructure, food security, health, and water and sanitation’.
Another panel discussion focused on ‘Investment trends in renewables, energy efficiency, and electrification infrastructure’.
Additionally there was a session dubbed ‘Investing in the Future. Creating Opportunity. Driving Growth.’ This session underlined the importance of investing in the future as a crucial step towards driving growth and creating opportunities.
Majority of these sessions emphasized the importance of companies designing compliant products from day one and thinking long term to identify opportunities.
Measures to adopt blockchain
In addition to the different panel discussions, a ‘Fireside chat with Binance’ saw an insightful conversation. The guests explored how UAE government has taken proactive measures to adopt blockchain technology. UAEs NFTs, the metaverse, and Web3 were also under focus.
The session titled ‘Exploring the Intersection of FinTech, Virtual Assets, & Web3’ explored where there could be an increase in investments in emerging technologies.
As the fintech landscape expands rapidly, regulating innovation becomes crucial to strike a balance between success and safety. It also highlighted the upcoming opportunities and challenges that the ecosystem will face in the next 3-5 years.
A panel discussion on ‘Powering the Future of Virtual Assets: From Exchanges to Financial Innovation’ saw experts discuss financial institutions. They explored how FinTechs can use tech to maximize efficiency and profitability.