The ‘Conference of the Parties’ or ‘COP’ is an annual event that brings together the governments which have signed up to environmental action under the United Nations (UN). Governments assess global efforts to advance the Paris Agreement and the Convention, also limit global warming to 1.5°C as informed by the latest science. At COPs, world leaders come together to measure progress and negotiate the best ways to address climate change.
COP29, the 29th UN annual conference on climate change, takes place in Baku, Azerbaijan from 11–22 November 2024.
The Foundation Development and Climate Alliance will be represented in Baku by Peter Renner, Chairman of the Board of Directors, and Krystelle Lochard, Head of Engagement & Partnerships. Meet them on-site at one of the following events, or feel free to schedule an appointment via email.
World Climate Summit
Date: November 17th, 2024 at 13:45 to 14:45
Organizer: World Climate Foundation
Location: Baku Convention Center
Website: www.worldclimatesummit.org
World Climate Summit 2024 will be held alongside COP29 in Baku, Azerbaijan, and serves as a platform for pledges, commitments, and action plans aligned with the Paris Agreement’s objectives. As the largest C-level B2B, World Climate Summit facilitates the exchange of best practices and innovations across vital sectors crucial to decarbonisation efforts in energy, transport, buildings, industry, finance, and nature.
The Foundation Development and Climate Alliance is supporting World Climate Summit 2024 as Summit Sponsor and will be hosting the panel discussion “Private sector engagement with sustainable impact through the voluntary carbon market – highlights from carbon market champions in the Global South.”.
Speakers:
- Mr. Peter Renner, Foundation Development and Climate Alliance, Germany
- Ms. Celine Strufe, F20 Foundation, Germany
- Mr. Sum Thy, Director of the Climate Change Department of the Ministry of Environment and the Climate Change Alliance, Cambodia
- Mr. Glenn Kwabena Gyimah, Jospong Green Transition Office, Ghana
- Ms. Pearl Nkusi, Rwanda Environment Management Authority (tbc)
Carbon markets can play an important role in providing private sector finance to projects that reduce GHG emissions and contribute to sustainable development. Governments and the private sector are currently progressing towards alignment with the carbon market rules and processes of the Paris Agreement. This is not always an easy endeavour, given the dynamic and controversial discussions about how to use carbon markets in the right way. Especially in the voluntary carbon market, the sustainable development co-benefits that come with well-designed mitigation projects have proven to be attractive to various stakeholders. Buyers acquire additional value they can report on, sellers achieve premium prices, local communities benefit in tangible ways, and host country governments make progress towards their development objectives. In view of this opportunity to make a holistic impact, it is encouraging to see progress towards the operationalisation of carbon markets under the Paris Agreement with strong regard to the sustainable development agenda. The session will highlight the progress of national policy frameworks for carbon markets from some frontrunner countries. Experts will explain and discuss how corporate investors benefit from a strengthened carbon market infrastructure, and high-level government representatives will guide the focus to key sectors for voluntary carbon market investments.
Attendance of the World Climate Summit 2024 is free of charge. To register please click HERE.
Panel Discussion “Contribution to Global Net Zero – Leveraging Carbon Markets for Public-Private Partnerships” hosted by ClimatePartner Impact
Date: November 20th, 2024 at 09:00 to 10:00
Organisation: ClimatePartner Impact
Location: UNFCCC Capacity Building Hub
Peter Renner, Chairman of the Board of Directors, Foundation Development and Climate will be panellist.
More Information will follow soon! Stay tuned!
