COP29

How to deploy innovative financing to unlock US$50 trillion in savings on the road to net-zero--Deloitte report

Retrieved on: 
Mittwoch, Mai 8, 2024

"The energy transition presents an unparalleled challenge that could cost up to US$200 trillion unless we improve the financial conditions for clean energy investments.

Key Points: 
  • "The energy transition presents an unparalleled challenge that could cost up to US$200 trillion unless we improve the financial conditions for clean energy investments.
  • This report outlines a novel set of public-private initiatives that can release capital, stimulate economic growth and development, and ultimately accelerate an equitable energy transition."
  • Refinancing debt and equity can unlock as much as US$10 trillion of savings cumulatively through 2050.
  • To learn more about Deloitte's 2024 Financing the Green Energy Transition report, please visit: https://www.deloitte.com/global/en/issues/climate/financing-the-green-en... .

Minister Guilbeault concludes G7 Ministers' Meeting with strong outcomes on clean energy, clean air, and a nature‑positive future

Retrieved on: 
Mittwoch, Mai 1, 2024

Ministers considered the importance of clean energy and critical minerals to achieve shared energy security and transition goals.

Key Points: 
  • Ministers considered the importance of clean energy and critical minerals to achieve shared energy security and transition goals.
  • G7 leadership will remain critical to pushing for a legally binding agreement by the end of 2024.
  • In the lead-up to COP16 later this year, Canada sought G7 ambition on the implementation of the Framework.
  • Recognized the importance of continuing to invest in clean technology innovation, including for carbon management, clean fuels, and nuclear.

Forecasting Healthy Futures Announces 2nd Annual Summit on Climate & Health

Retrieved on: 
Mittwoch, Mai 1, 2024

WASHINGTON, May 1, 2024 /PRNewswire/ -- Forecasting Healthy Futures , in partnership with Reaching the Last Mile, is pleased to announce its second annual Forecasting Healthy Futures Global Summit to be held 18 to 20 June, 2024 in Baku, Azerbaijan.

Key Points: 
  • WASHINGTON, May 1, 2024 /PRNewswire/ -- Forecasting Healthy Futures , in partnership with Reaching the Last Mile, is pleased to announce its second annual Forecasting Healthy Futures Global Summit to be held 18 to 20 June, 2024 in Baku, Azerbaijan.
  • The Summit, in June, offers a critical opportunity to facilitate discussions among stakeholders from around the world, ahead of COP29, about the links between climate change and health, including through topics such as mental health, WASH, food systems, financing, urban resilience, and the health workforce.
  • Participants expected to attend include climate and health policymakers, ministry staff in Health, Climate, Environment, and Finance, technical experts and health practitioners, leaders in business and civil society, researchers and innovators, donors and multilateral institution decision-makers, and others working at the intersection of climate and health.
  • The FHF Global Summit strives to work closely with each year's incoming COP Presidency and therefore holds the annual Summit in that year's hosting country.

COP28 President addresses historic first Board meeting for the Loss and Damage Fund, urging Parties to build on progress with a fully functioning fund that delivers lasting, positive, socio-economic impact

Retrieved on: 
Dienstag, April 30, 2024

During his address, Dr. Al Jaber said that while delivering an agreement to operationalize the Fund at COP28 was a "huge breakthrough for climate progress" more needs to be done.

Key Points: 
  • During his address, Dr. Al Jaber said that while delivering an agreement to operationalize the Fund at COP28 was a "huge breakthrough for climate progress" more needs to be done.
  • The COP28 President said: "Let's make sure we build on that progress with a fully functioning fund.
  • A Fund that is endorsed at COP29 in Baku, a Fund that is disbursing funds soon after and a Fund that delivers lasting, positive, socio-economic impact for decades to come."
  • Loss and damage was first put on the COP agenda in 1991 and that "while it took over three decades to establish this Fund, climate change has not stood still.

COP28 President addresses historic first Board meeting for the Loss and Damage Fund, urging Parties to build on progress with a fully functioning fund that delivers lasting, positive, socio-economic impact

Retrieved on: 
Dienstag, April 30, 2024

During his address, Dr. Al Jaber said that while delivering an agreement to operationalize the Fund at COP28 was a "huge breakthrough for climate progress" more needs to be done.

Key Points: 
  • During his address, Dr. Al Jaber said that while delivering an agreement to operationalize the Fund at COP28 was a "huge breakthrough for climate progress" more needs to be done.
  • The COP28 President said: "Let's make sure we build on that progress with a fully functioning fund.
  • A Fund that is endorsed at COP29 in Baku, a Fund that is disbursing funds soon after and a Fund that delivers lasting, positive, socio-economic impact for decades to come."
  • Loss and damage was first put on the COP agenda in 1991 and that "while it took over three decades to establish this Fund, climate change has not stood still.

COP28 President urges governments to 'think bigger, act bolder' on national climate plans that are aligned with the UAE Consensus at Petersberg Climate Dialogue

Retrieved on: 
Freitag, April 26, 2024

The COP28 President highlighted how the UAE Consensus has emerged as the defining point of reference for global climate ambition and sustainable development since its inception in Dubai last year.

Key Points: 
  • The COP28 President highlighted how the UAE Consensus has emerged as the defining point of reference for global climate ambition and sustainable development since its inception in Dubai last year.
  • "The UAE Consensus represents a historic milestone in climate diplomacy, precisely because it achieved cross-sectoral breakthroughs across the entire climate agenda," Dr. Al Jaber declared.
  • Governments should set out economy-wide emission reduction plans and also produce "well-funded" national adaption plans to protect nature and transform food systems, he said.
  • "  It must also be just, equitable and responsible, in line with the targets set out in the UAE Consensus.

COP28 President urges governments to 'think bigger, act bolder' on national climate plans that are aligned with the UAE Consensus at Petersberg Climate Dialogue

Retrieved on: 
Freitag, April 26, 2024

The COP28 President highlighted how the UAE Consensus has emerged as the defining point of reference for global climate ambition and sustainable development since its inception in Dubai last year.

Key Points: 
  • The COP28 President highlighted how the UAE Consensus has emerged as the defining point of reference for global climate ambition and sustainable development since its inception in Dubai last year.
  • "The UAE Consensus represents a historic milestone in climate diplomacy, precisely because it achieved cross-sectoral breakthroughs across the entire climate agenda," Dr. Al Jaber declared.
  • Governments should set out economy-wide emission reduction plans and also produce "well-funded" national adaption plans to protect nature and transform food systems, he said.
  • "  It must also be just, equitable and responsible, in line with the targets set out in the UAE Consensus.

Media invitation: World leaders must make headway for adaptation - there are no alternatives

Retrieved on: 
Montag, März 18, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240318208761/en/
    The year 2024 is of paramount importance for our future.
  • We face an urgent need to handle the climate crisis, within the broader range of Sustainable Development Goals.
  • This year’s high-level meetings leading up to COP29 will focus on climate finance, aiming to address the substantial funding gaps.
  • “Adaptation finance must be at the heart of the negotiations towards COP29.

Minister Guilbeault calls for an ambitious plastics treaty at the United Nations Environment Assembly in Kenya

Retrieved on: 
Freitag, März 1, 2024

The Honourable Steven Guilbeault, Minister of Environment and Climate Change, wrapped up Canada's participation in the sixth session of the United Nations Environment Assembly (UNEA-6) in Nairobi, Kenya.

Key Points: 
  • The Honourable Steven Guilbeault, Minister of Environment and Climate Change, wrapped up Canada's participation in the sixth session of the United Nations Environment Assembly (UNEA-6) in Nairobi, Kenya.
  • Minister Guilbeault held meetings with environment ministers in Africa, as well as civil society, business leaders, and youth on advancing progress on climate, biodiversity, and the elimination of plastic pollution.
  • I'm encouraged by the collaboration demonstrated at the sixth session of the United Nations Environment Assembly, especially toward developing the global agreement on plastic pollution.
  • – The Honourable Ahmed Hussen, Minister of International Development
    At the sixth session of the United Nations Environment Assembly, Minister Guilbeault, on behalf of the Honourable Ahmed Hussen, Minister of International Development, announced the allocation of $107 million to Canada's Partnering for Nature initiative.

COP28 President calls for unprecedented action from every government, business and industry to deliver the UAE Consensus during IEA event in Paris

Retrieved on: 
Dienstag, Februar 20, 2024

Speaking at the Paris Headquarters of the International Energy Agency (IEA), COP28 President Dr. Sultan Al Jaber highlighted the historic significance of the UAE Consensus.

Key Points: 
  • Speaking at the Paris Headquarters of the International Energy Agency (IEA), COP28 President Dr. Sultan Al Jaber highlighted the historic significance of the UAE Consensus.
  • It will lock in continuity, maintain momentum, and help anchor implementation of the historic UAE Consensus", Dr. Al Jaber said.
  • The COP Presidencies Troika (the Troika) was a key achievement of the COP28 Presidency and mandated in the UAE Consensus.
  • An important opportunity lies in working multilaterally on commitments to deliver high-ambition decisions at COP28, including through The UAE Consensus.