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: The Call to Action for G20 Leaders RIO – A coordinated letter by the We Mean Business Coalition and Mission 2025 is urging G20 nations to take decisive action ahead of COP29. With participation from over 38,000 businesses and societal leaders, the message is clear: G20 countries
Key Impact Points: UN Highlights Climate Finance Urgency at COP29 The 12th Annual High-Level Meeting of the Caring for Climate initiative, hosted by the UN Global Compact alongside UNEP and UNFCCC, took place at COP29 in Baku. The meeting convened top leaders from sectors spanning business, finance, government, civil society,
Key Impact Points: The Start of COP29: Urgency for Climate Finance The UN’s COP29 kicked off this past Monday in Baku, Azerbaijan, against the backdrop of a year marked by unprecedented heatwaves, wildfires, floods, and hurricanes. Dubbed the “climate finance COP,” the summit aims to secure financial commitments to support
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
By Nikos Avlonas, President of the Center for Sustainability and Excellence (CSE) The prospect of Donald Trump’s return to the U.S. presidency in 2025 has sparked discussions about how his policies might impact sustainable development and climate action in the US and globally. During his previous term, Trump pulled the
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
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
3 Key Impact Points: Understanding COP29’s Climate Jargon With climate negotiations becoming more complex each year, COP29 in Baku is set to tackle a broad range of terms integral to global discussions. Here’s what to know: UNFCCC and COP UNFCCC stands for the United Nations Framework Convention on Climate Change.
