Lignaverda’s Post

The outcomes of COP29 in Baku could shape the future of global climate action. Article 6 brings new opportunities for impactful reforestation projects, but only if implemented with transparency and robust safeguards. At Lignaverda, we are committed to creating lasting change by restoring ecosystems and empowering communities. 🌍🌱 Read our thoughts below and join the conversation on how we can make these mechanisms a success for people and the planet. ⬇️

Today in Sustainability News: COP29 in Baku, Azerbaijan, brought some important milestones: -Nations approved carbon market standards, allowing countries to trade high-quality credits to meet climate goals. -The Loss and Damage Fund is set to begin supporting vulnerable nations by 2025, addressing irreversible climate impacts. -Commitments were made to reduce methane emissions and enhance renewable energy initiatives. -Increased focus on climate finance to support clean energy and resilience projects globally. These agreements are promising, but there’s still more to do. Let’s keep the momentum going and fight for a sustainable future. 🌱 💡 How are you taking action for the planet? Share in the comments! 👇 #COP29 #ClimateAction #TodayinSustainabilityNews

📢#COP29 starts this Monday! Azerbaijan, the host of this year’s conference, is ready to set the stage for #ClimateAction✅ Leading the way is Azerpost, with a new #PostageStamp that embodies the core principles of COP29. Printed on 100% certified #recycled paper, these stamps highlight #Azerbaijan’s commitment to environmental preservation and transitioning to a #GreenEconomy. COP29 Azerbaijan, the 29th Conference of the Parties to the UN Framework Convention on Climate Change, is a crucial gathering where world leaders, businesses, and civil society unite to address the #climate crisis. With global temperatures reaching record highs and extreme weather events impacting communities worldwide, this year's conference is more critical than ever. A major focus of COP29 will be on #ClimateFinance - trillions of dollars are needed to support countries in reducing greenhouse gas emissions and protecting vulnerable populations from the escalating impacts of #ClimateChange. 🔗https://cop29.az/en/home

🌍 Every year, the UN Climate Change Conference (COP) gathers nations to debate global emissions. But for those most impacted by these decisions, voices are too often left out. This year’s COP29, from Nov 11-22, will be hosted by Azerbaijan—an oil-producing autocracy, where decisions that could shape our future will be made. ⛰️ Despite Azerbaijan’s stunning Caucasus mountain ranges and shrinking glaciers (retreating up to 18% in the past seven years, according to Azeri sources), oil exploitation continues. Even with government proposals for clean energy, the grip of fossil fuels remains tight. 🌱 Is COP becoming a stage for greenwashing by big corporations and authoritarian regimes? We need tough love for fossil fuel giants—stop exploration, halt new projects, and prioritize communities already facing sea-level rise, floods, and droughts. Anything less would be a COP-out. 📸Photo by Orkhan Farmanli / Unsplash #Glacierwatch #COP29 #Baku #Azerbaijan #ClimateCrisis #Glaciers #Caucasus

🌍 Controversy at UN COP29 🌍 As COP29 Azerbaijan unfolds, key discussions have centered around stronger commitments to renewable energy, accelerating net-zero targets, and integrating climate resilience into urban planning. There's been a particular focus on tightening #ESG regulations and aligning with the UN Sustainable Development Goals #UNSDGs However, it's clear that the path forward isn't without challenges. Key experts, including a former United Nations Secretary General and former United Nations Climate Chief, have highlighted that the current structure of the COP climate talks is "no longer fit for purpose" and urgently needs an overhaul. This underscores the necessity for more effective, streamlined local action to meet the demands of our rapidly changing climate landscape.  This is not the first time that COP meetings have been criticised as greenwashing conferences. Alarmingly, humanity is breeching the 1.5C greenhouse gas emission limit with no sign of slowing down. Heat records have been shattered, with this year likely to be the hottest ever recorded and very close to home we have seen the devastation caused by extreme floods in Malaga, Spain.  At energylab_ we recognise the importance of innovating and replicating locally, within our sphere of influence and control. Our work aligns with the evolving ESG landscape, supporting clients in achieving sustainable, low-carbon buildings that prioritise environmental and social impacts. We want to work with others whose vision for a fair and sustainable life for all aligns with ours in order to maximise our impact and reach.🌿 Whether you're following COP29 or want to chat about sustainable building solutions more generally, please do reach out so we can connect and explore how we can collaborate as a force for good. #COP29 #BuildingSustainability #NetZero #ClimateAction https://lnkd.in/e7JniaP3

🌍 What is your company doing to drive change? As COP29 kicks off in Baku, Azerbaijan, on November 11th, the global spotlight turns once again to the climate crisis. This year’s discussions will focus on adaptation, climate financing, and innovative solutions to mitigate the impacts of global warming. With vulnerable communities already facing the harshest effects, the need for collective action has never been more urgent. At HAHN Plastics, sustainability isn’t just a buzzword—it’s our foundation. Our hanit material, made from 100% recycled consumer plastic waste, champions the circular economy. Fully recyclable and designed for durability, it’s a scalable solution that aligns with global climate goals. The question is: What role will your business play in shaping a more sustainable future? Let’s challenge ourselves to think bigger, act bolder, and work together for a healthier planet. 🌱 #COP29 #Sustainability #CircularEconomy #ClimateAction #InnovationForChange #HAHNPlastics https://unfccc.int/cop29

#COP29 concluded in Baku this weekend with a deal. What happened and what needs to happen next? 👉 The main objective of COP29 was to deliver a new finance goal to support developing countries to reduce their emissions and adapt to the climate crisis, and to pave the way to countries’ new climate pledges expected next year. 👉 It did (eventually) close with a deal on the New Collective Quantified Goal, but this figure remains insufficient to meet the needs of those countries most vulnerable to climate change. 👉 Last year, we celebrated the historic pledge from countries at COP28 to ‘transition away’ from fossil fuels. But this time, the plan to turn this ambition into action was pushed back to next year’s summit in Brazil. 👉 Despite the frustrations shared at the end of the COP on these two critical priorities, COP29 saw some progress. After nearly a decade of negotiations, COP29 reached agreement on carbon trading under Article 6 of the Paris Agreement. Mexico, Latin America’s second-largest emitter, announced it will set a target to reach net zero by 2050. 25 countries and the EU announced plans to include a pledge for ‘no new unabated coal power’ in their next climate plans (NDCs). More than 30 countries representing nearly 50% of global methane emissions signed up to a new declaration to set targets in future NDCs on reducing methane from organic waste.    Read our full analysis here 👇

COP29 has concluded with a pledge to triple climate finance for the Global South by 2035 – but is anyone truly satisfied with the deal? Explore the key takeaways from #COP29, the implications for a just transition, and what lies ahead as we shift focus to UNCCD COP16 and recover from the failed plastic summit. 🔗 Read the full digest on #ThinkLandscape: https://lnkd.in/eM7Z-9bZ

Once again in 2024 - in the surfacing of environmental data, so important to help the world's economy towards nature-positive decisions: • Two-thirds of global market capitalization disclosed through CDP.  • Close to 25k companies reported this year - and almost two-thirds of disclosed extended beyond climate data into nature-related information, an increase of 21% year-on-year • Over half of the reporters used CDP’s new SME questionnaire Thank you to all disclosers who worked so hard this year. You wrote that data once - and it will be used many times for critical insights and decisions.

As the dust settles after #COP28, varying perspectives have emerged on the effectiveness of the agreement, which recognizes the need for “deep, rapid, and sustained reductions in greenhouse gas emissions” to limit global warming to 1.5°C. Critics argue that its non-binding nature and concessions made for consensus don't aim high enough. Yet, the commitments secured provide investors, regulators, and stakeholders with necessary reference points for addressing key climate-related issues moving forward. Ultimately, the topics covered during #COP28UAE impact all companies — further reinforcing the need for boards and management to be diligent about managing climate-related risks and proactively communicating how such risks are incorporated into long-term strategy. Read our insights here. https://lnkd.in/dPFapN3p