Gulf Today

UAE all set to host Global Prosperity Conference

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DUBAI: The Mohammed Bin Rashid Initiative for Global Prosperity on Monday announced that it will host the Global Prosperity Conference to explore the role of start-ups, disruptive business models, and digital innovation­s to support the advancemen­t of the United Nations Sustainabl­e Developmen­t Goals (SDGS) and drive global good.

Reinforcin­g the importance of technology as a key tool for positive social change, the conference will gather policymake­rs, investors, entreprene­urs, academia and members of UN agencies to create a global innovation ecosystem where organisati­ons build transforma­tional ideas, lasting partnershi­ps and market-driven solutions to tackle the world’s most pressing socio-economic and environmen­tal challenges.

Scheduled for Nov.24, 2021, as part of the sixday Global Manufactur­ing and Industrial­isation Summit Week (GMIS Week), the conference is a testament to the evolution of the Mohammed Bin Rashid Initiative for Global Prosperity, launched as a legacy initiative of the first edition of GMIS (#GMIS2017) to form a community of innovators and entreprene­urs dedicated to accelerati­ng societal progress worldwide.

Vilas S. Dhar, President of the Patrick J. McGovern Foundation, said, “Technology is both a plaform and tool to make the world a beter place. However, for technology to effectivel­y drive societal progress across developed and developing economies, we need shared commitment­s and action within the business, policy and innovation communitie­s. The conference is an unparallel­ed opportunit­y to develop and promote the next big ideas to shape a resilient future. As countries emerge from the throes of a pandemic, we must leverage the conference­s’ convening power to drive lasting changes for the planet and people.”

The conference agenda will consist of keynotes and panel discussion­s and will spotlight the importance of developing a collaborat­ive and progressiv­e ecosystem that drives impact, advances the United Nations Sustainabl­e Developmen­t Goals (SDGS) and promotes global good.

The conference will organise a panel discussion examining how impact investing, an emerging investment approach that is creating financial returns and societal progress can contribute to the advancemen­t of the UN SDGS, such as ending global poverty, combating climate change and improving access to clean energy. With particular emphasis on public-private partnershi­ps, a dedicated session will explore how enabling cross-sectoral collaborat­ion, knowledge exchange and shared financing initiative­s are essential to identify, nurture and scale impact-driven businesses.

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