Hassan Aftab S.’s Post

Next week marks the start of #COP29, the 2024 UN Climate Summit, hosted in Baku, Azerbaijan. This year's event will focus on topics such as climate finance, national commitments, and progress on other goals related to energy, food systems, and forests. Check out World Resources Institute's list of key issues for COP29 at the link below 👇 https://lnkd.in/gPqWEEWU

COP29 Highlight Meeting on Thursday with non-governmental entities in Baku for the COP29 climate talks, UN Secretary-General António Guterres highlighted the crucial role that cities, regions, businesses and financial institutions must play in driving the worldwide effort towards reaching net-zero emissions by mid-century. “We need a massive global effort to steer our world onto a path to safety; you are out in the front…helping consumers, investors and regulators understand what credible net-zero looks like,” said the Secretary-General. #un #cop29 #thelaborecon #climatechange

COP29 opened with a significant breakthrough in implementing the Paris Agreement as parties agreed on the standards for the establishment of a global carbon market. Now, the pressing question is how effective this market will work in practice to meet global emissions goals while ensuring the most vulnerable countries are not left behind. 🌱Read more in my new article for the Atlantic Council's Climate Resilience Center linked here: https://bit.ly/3Zal3DR

COP29 will be taking place 11 to 22 November 2024 in Baku, Azerbaijan. Being billed as the Finance COP, the focus is on setting a New Collective Quantified Goal on climate finance and replacing 2009’s $100 billion/yr finance target with a post-2025 target. The energy transition has a high price and with the world experiencing escalating climate events, the pressure to agree and deliver a global roadmap has never been greater. Find out more about COP29 - https://unfccc.int/cop29 #climateaction #cop29 #financecop #responsibility #policy #framework #cleanenergytechnologies #goals

The 29th Conference of the Parties to the UN Framework Convention on Climate Change (COP29) is taking place from November 11 to 22. Global leaders and diplomats from across the world will descend on the capital Baku, Azerbaijan for the annual climate summit to discuss how to avoid increasing threats from climate change. This is a very elementary read to know_ What is a carbon credit? What is Article 6?

After almost a decade of debate, the rules for the Paris Agreement’s global carbon market were approved on the first day of #COP29. But can the UN-backed global system address the international concerns and criticisms of carbon emissions trading? 🌎 https://bit.ly/3Zal3DR According to the COP29 president Mukhtar Babayev, the decision is “game-changing” as it enables climate action and channels “resources to the developing world.” However, as the world unpacks the consequences of this moment, some are worried that it could signal a reduced pressure on emissions reduction. The question is now: how can the agreement be effective? Our own Hana Abdelatty, MPP breaks it down for you in her new article 👉 https://bit.ly/3Zal3DR

Countries at the UN #COP29 climate summit in #Azerbaijan will attempt to agree on rules for a global system for trading carbon offset credits. What is a carbon credit? #Climatesummit #Climatechange #Carbonemissions https://trib.al/D3N2aNy

Sustainability and COP29 Updates Donald Trump victory threatens to throw G20 initiatives into disarray.  Russia urges Donald Trump to remain in Paris agreement at upside-down COP29. Argentina stokes concerns it could quit Paris climate accord. COP29’s carbon trading deal: quick win or damaging precedent?  China urges ‘constructive dialogue’ on climate change under Donald Trump. China’s cleantech boom fuels its confidence on the climate stage.

COP 29, set to take place in Baku, Azerbaijan, promises to be a significant milestone in global climate negotiations. Closing the gap in adaptation finance remains one of the core discourse at COP29. #COP29

COP29: Countries Endorse Global Carbon Market Framework. Countries at the two-week COP29 climate summit gave the go-ahead on Monday to carbon credit quality standards which are critical to launching a U.N.-backed global carbon market that would fund projects that reduce greenhouse gas emissions. The green light was an early deal on day one of the U.N. conference in Baku, Azerbaijan. Governments are also meant to hammer out a climate finance agreement, although expectations have been muted by Donald Trump’s U.S. election win. President-elect Trump has said he would again pull the U.S. out of the global Paris climate agreement, which lays the groundwork for the planned U.N.-backed carbon market. #COP29 https://lnkd.in/g-N354Mi