Her Majesty Named Global Co-Chair of World Economic Forum’s GAEA Initiative

by - 23:01

 Her Majesty Queen Rania Al Abdullah attended the first meeting of the World Economic Forum's Giving to Amplify Earth Action (GAEA) initiative on Monday September 18th, which aims to establish public, private, and philanthropic partnerships (PPPPs) to tackle climate change and environmental damage.



Queen Rania will serve as a Global Co-Chair of GAEA, where she will help steer the organization's strategic priorities alongside Forum Founder and Executive Chairman Professor Klaus Schwab, who stated that Her Majesty's involvement in the initiative "will be instrumental in driving impactful climate action with partners."



Her Majesty stated during the conference that the globe has seen a number of climate disasters since the Forum declared its decision to begin GAEA during its annual meeting in January, with July being dubbed the hottest month in Earth's recorded history.



"My region is warming twice as fast as the global average, and experts predict that extreme heat will render large areas uninhabitable before the end of the century."




The Queen remarked that climate and nature receive less than 2% of worldwide philanthropic funding, adding, "If the end goal of philanthropy is to create impact, then there is no better place to start than with our planet."


"That is why I am delighted to join GAEA as Global Co-Chair," Her Majesty remarked. "Because we have a collective responsibility - and the collective capability - to meet our climate ambitions."



Professor Schwab stated during the meeting that "multiple global crises continue to threaten efforts to achieve the Sustainable Development Goals, with the climate crisis front and centre."


"Through the GAEA initiative," he said, "the World Economic Forum, with its commitment to improving the state of the world through multistakeholder collaboration, is convening leaders from philanthropy, governments, and the private sector to mobilise and accelerate action for the highest-impact interventions for climate and nature."


GAEA, a first-of-its-kind worldwide project, seeks to expand new and current governmental, corporate, and charitable partnerships in order to unlock the money required to achieve net-zero emissions, reverse nature loss, and restore biodiversity by 2050.


The meeting, held on the sidelines of the 78th United Nations General Assembly as part of the Forum's Sustainable Development Impact Meetings, brought together more than 30 leaders from government, business, and civil society to discuss how to leverage philanthropy to drive climate-related partnerships.


GAEA has identified a number of major industries where philanthropic funds would have the most impact using a new methodology created in cooperation with McKinsey Sustainability. This approach intends to enable governments and corporations to achieve climate action more quickly and efficiently.


During the session, a number of environmental projects were presented, each with the potential to be scaled up. These included initiatives to encourage green energy transitions in poor countries, expedite market adoption of plant-rich diets, scale clean electricity, and save coastal forests.


GAEA will engage with important partners in the coming months to incubate a new generation of public-private-philanthropic collaborations, with the Forum assisting in identifying significant corporates and governments eager to match philanthropic promises and action for climate mitigation and nature preservation.


Look Details:

For the events, Her Majesty wore her dark red GABRIELA HEARST Angela wool blazer with her GABRIELA HEARST Vesta high-rise wool-blend pants. Paired with her Delvaux Brillant Mini Leather Bag and Manolo Blahnik Metallic Woven Pumps



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