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Global Business Leaders Gather in New York for COP31 Business Forum
More than 300 senior executives gathered in New York for the COP31 Business Forum New York Dialogue, where climate finance, investment, clean energy and the private sector’s role in delivering global climate goals took center stage.
Global business leaders gathered in New York for the COP31 Business Forum New York Dialogue, co-hosted by the Union of Chambers and Commodity Exchanges of Türkiye (TOBB), the COP31 Private Sector Envoy, and Bloomberg.
Held at Bloomberg headquarters during New York Climate Week, the event brought together more than 300 senior executives from the international business community to discuss how the private sector can help translate global climate commitments into investment and concrete action.
COP31 President and Türkiye’s Minister of Environment, Urbanization and Climate Change Murat Kurum presented the COP31 Action Agenda to the global business community, outlining priorities ranging from clean energy and green industrialization to climate-resilient cities, food and water security, Zero Waste and the circular economy.
TOBB President and COP31 Business Forum Chair M. Rifat Hisarcıklıoğlu and Bloomberg L.P. and Bloomberg Philanthropies founder Michael R. Bloomberg also participated in the program.
A panel titled “The Private Sector’s Response to the COP31 Action Agenda,” moderated by Bloomberg TV’s Francine Lacqua, brought together Koç Holding Deputy Chair Ali Koç, International Energy Agency Executive Director Fatih Birol, International Finance Corporation Managing Director Makhtar Diop and International Chamber of Commerce Secretary General John Denton.
Climate Finance and Investment in Focus
Discussions focused on the role of businesses and financial institutions in implementing climate targets, mobilizing climate finance and directing investment toward clean energy, green industry and other transition projects.
Turkish Banks Association Chairman Alpaslan Çakar also attended the event and held bilateral meetings with IEA Executive Director Fatih Birol and Michael Bloomberg.
The New York meetings form part of preparations for COP31, which Türkiye will host in Antalya in November 2026.
The COP31 Business Forum process will continue toward the COP31 Business and Investment Summit in Antalya on November 12-13, where recommendations developed by the international business community are expected to be presented as part of the broader COP31 process.
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