As countries, companies, and civil society gather in Baku for COP29, the focus will be on advancing collective efforts to meet the 1.5°C target, and South Pole's carbon market and climate policy experts will be present on the ground.
The global community reached a pivotal agreement at COP28 to transition away from fossil fuels by 2050, marking the beginning of the end of the fossil fuel era. This year, all eyes are on countries to continue to make good on this pledge:
Dubbed the 'finance COP', discussions will focus on boosting financial commitments to support developing nations' climate efforts, particularly through the New Collective Quantified Goal (NCQG). Countries are expected to enhance pledges for the NCQG in 2024, offering crucial support for vulnerable states tackling the impacts of climate change.
The culmination of the 'Global Stocktake' will be the basis for stronger national climate action plans, due in 2025, and for countries to set targets for 2035/2040. Expect in-depth dialogues on how countries plan to meet the Nationally Determined Contributions (NDCs) and enhance ambition to limit global warming, while emphasizing transparency, and accountability.
Article 6 of the Paris Agreement, fosters collaboration among countries seeking cost-effective emission reductions through Internationally Transferred Mitigation Outcomes (ITMOs), which count toward their national climate plans (NDCs).
South Pole's carbon market and climate policy experts will be present on the ground, hosting and joining important discussions to help translate commitments into meaningful action and progress – fast.
15 November, 14:30 - 16:00:
16 November, 16:45 - 18:15:
13 November, 9:30 - 11:00:
14 November:
16 November, 11:30 - 13:30:
16 November, 13:15 - 14:45:
19 November, 11:30 - 13:00:
21 November, 11:00 - 13:30:
