Baku, Azerbaijan – November 22, 2024 As COP29 concludes, a sense of disappointment hangs in the air. Despite high expectations and the urgency of the global climate crisis, the outcomes of this year’s conference fell short of delivering the bold and decisive action many had hoped for. Yet, amid the
By Cary Shepherd, Founder & CEO of Greenomix Introduction At the recent UN Climate Change Conference (COP29) in Baku, Azerbaijan, a significant breakthrough was achieved with the endorsement of new standards under Article 6 of the Paris Agreement. This milestone paves the way for operationalizing international carbon markets, potentially unlocking
Key Impact Points: Progress and Setbacks The COP29 summit in Baku started with initial success, as the Azerbaijani presidency celebrated an agreement on a global system of carbon credits. However, progress halted soon after. “The pace of negotiations in week one reminds me how climate COPs felt before the Paris
Key Impact Points: Countdown to COP30 With one year until COP30, set for November 10-21, 2025, in Belém, Brazil is ramping up preparations to host over 60,000 attendees from 193 member countries. The event, positioned in the Amazon, highlights Brazil’s role in global climate discussions, including reducing greenhouse gases, climate
Key Impact Points: COP29 Leader Faces Allegations A senior official at COP29, Elnur Soltanov, has been caught in a controversial situation after being filmed discussing potential fossil fuel investments while promoting the upcoming climate summit. Soltanov, who is also Azerbaijan’s deputy energy minister and sits on the board of state
Key Impact Points: ‘True Multilateralism’ and Global Cooperation Although absent from COP29, President Xi Jinping delivered a powerful message through state media, emphasizing the need for the global south to foster true multilateralism and strive for a fair, multipolar world. Xi’s call was to push for “universally beneficial and inclusive
3 Key Impact Points: EarthX Hosts First-Ever Recycling Day EarthX is launching its inaugural Recycling Day, a free community event designed to inspire environmental responsibility through fun and education. Scheduled for Saturday, November 16, 2024, from 11:00 AM to 5:00 PM, the event will be held in celebration of America
Key Impact Points: The Role of Finance at COP29 Azerbaijan is set to host COP29, the latest UN climate negotiations. This pivotal summit will spotlight climate finance as a cornerstone for achieving global warming targets of 1.5 degrees Celsius and protecting communities from ongoing climate impacts. Why it matters: To
Key Impact Points: COP29 Kicks Off Amid Global Tensions The 2024 UN climate summit, COP29, has begun in Baku, Azerbaijan, drawing over 32,000 participants from 198 countries. This summit, branded the “finance COP,” aims to secure greater funding for climate action and emissions reduction, especially for lower-income countries. Yet, controversy
Key Points: Baku Takes Center Stage for COP29 Azerbaijan is set to host COP29, making it the focal point of climate action discussions for the next two weeks. This event marks another pivotal moment for addressing climate change as world leaders, top financiers, and industry experts converge in Baku to
