Carbon Markets Association of India’s Post

🌍 Key Highlights from #COP29 - Day 8: 🌍 The Day 8 of COP29, Human Development / Children and Youth / Health / Education Day, witnessed significant climate action: 1. The COP29 Presidency has officially recognized 11 countries for their leadership in submitting their #BiennialTransparencyReports (BTRs) ahead of the December 31st deadline. Additionally, the Presidency acknowledged the efforts of all Parties committed to ensuring the timely submission of their BTRs, underlining the importance of transparency in #globalclimateaction. 2. COP29 has successfully concluded negotiations on #Article6.8 of the Paris Agreement, which promotes international cooperation through non-market approaches to implementing national climate plans, including mitigation, adaptation, and sustainable development. With this milestone, the full operationalization of Article 6 is closer, with only parts of Articles 6.2 and 6.4 remaining for final agreement. 3. The COP29 Presidency has collaborated with global leaders, multisector partners, and UN agencies such as World Health Organization, UNICEF, International Labour Organization, and UNESCO. Key achievements include: a) Joint Statement on the Initiative on Human Development for Climate Resilience: Adopted to enhance cooperation between UN agencies, Multilateral Development Banks (MDBs), and Multilateral Climate Funds (MCFs) to address the impacts of climate change on human development. b) Guiding Principles on Human Development for Climate Resilience: Established to provide a strategic direction for advancing human development in the context of climate resilience. c) COP Presidencies Continuity Coalition for Climate and Health: Formed with the UAE, Egypt, the UK, Brazil, and WHO to advance health-related commitments from previous COPs and strengthen health integration into climate action. Let’s continue working together for urgent, impactful climate action! 🌱 Meet Mr. Rohit Kumar, Secretary General, CMAI and Ms. Ayushi Gaur, Sr. Assistant Secretary, CMAI at COP29 to discuss collaborations. CMAI will be at multiple forums, engaging in key discussions shaping the future of carbon markets and organizing side events in collaboration with top global forums. Kindly register here to schedule a meeting: https://lnkd.in/g7a2XAY6 #BuildingCarbonMarketsTogether Contact us at: [email protected] Rohit Kumar Bikash Sahu Ayushi Gaur Sruthy Jacob Mohit Gautam Upansh Srivastava #COP29 #ClimateFinance #ClimateAction #Sustainability #Article6 #CarbonMarkets #RenewableEnergy #EnergyTransition #GlobalClimateGoals #UNFCCC #GlobalCooperation #CarbonMarkets #Article6 #ParisAgreemen #GlobalSouth #ClimateAction #Sustainability #ClimateLeadership #GreenTransition #IndustryVoice #FutureOfCarbonMarkets #InclusiveClimateAction #VCM #VCMI #ICVCM #CCTS #ETS #Offset #SustainableDevelopment #PMO #MOP #MOEFCC #BEE #MOCI #MOPNG #CPCB #EPR

Our Mission at COP 29: Leading the Global South’s Voice for Climate Justice At COP 29 in Baku, the Climate Hub Forum (CHF) stood as a beacon of advocacy for the Global South, championing the rights of those disproportionately affected by climate change. Representing vulnerable nations and communities, CHF actively participated in high-level meetings, workshops, and collaborative dialogues, emphasizing the urgent need for equity, climate justice, and actionable commitments from global powers. Climate Justice: A Call to Responsibility: Our message was clear: the people and regions that suffer most without contributing significantly to climate change must be at the heart of global decisions. With the Global North responsible for over 75% of historical emissions, it is imperative that they take accountability through fair financing, technology transfers, and transformative policies. Climate justice demands actions that go beyond pledges—rooted in reparations and support for adaptation, resilience, and sustainable development in the Global South. Strategic Collaborations at COP 29: CHF took a leading role in convening critical sessions at the Pakistan Pavilion, fostering dialogues on sustainable development, climate finance, and innovative approaches to climate resilience. Our partnerships with global stakeholders, including Pakistan’s Ministry of Climate Change, further strengthened these initiatives, demonstrating how collaboration can drive meaningful progress. By creating inclusive spaces, CHF ensured that voices from vulnerable communities were heard, and practical solutions were shared globally. Our mission transcends national or institutional boundaries. As an independent advocacy platform, CHF calls for powerful and unified collaborations that prioritize people, the planet, and nature above political or economic interests. Key priorities include: Fair Climate Finance Mechanisms: Accessible funding for vulnerable nations, aligned with their needs. Equity in Policy-Making: Centering the Global South in global climate strategies. Nature-Based Solutions: Highlighting biodiversity preservation as a cornerstone of climate resilience. Strengthening Our Global Role: As our journey at COP 29 concludes, CHF reaffirms its commitment to empowering the Global South to become a unified and powerful voice in climate negotiations. By leveraging our partnerships and leadership, we aim to inspire global action rooted in justice and sustainability. Together, we can create a future where decisions respect the rights of those most impacted and prioritize the harmony of humanity and nature. COP29 Azerbaijan COP28 UAE COP29 Life United Nations UN Climate Change UN Environment Programme United Nations Environment Programme Finance Initiative (UNEP FI) European Union G20 Climate HUb Forum #Climatechange Aamir Sadozai #Cop29

COP29 Key Takeaways: Progress, Challenges and Collective action🌎 The 29th Conference of the Parties (COP29) has concluded! Here are the key highlights: - Renewed commitments 💯: Countries reaffirmed their dedication to the Paris Agreement with new Nationally Determined Contributions (NDCs) and enhanced ambition. - Finance and support 🏦: Developed nations pledged increased financial support for developing countries' transition and adaptation efforts. - Collaborative spirit 🤝: COP29 saw unprecedented collaboration among governments, industries, and civil society. - Challenges persist🚨: Despite progress, significant work remains to meet the 1.5°C target and address pressing issues like loss and damage. Call to action 🔔: ✅ Enhanced climate governance ✅ Accelerated decarbonization ✅ Inclusive, equitable solutions Let's build on this momentum and drive meaningful change! 🌈 #COP29 #ClimateAction #Sustainability #RenewableEnergy #NetZero #ClimateGovernance #Collaboration #ClimateChange #ParisAgreement #NDCs #Decarbonization #Greenated

#Day2 at COP29 Azerbaijan highlighted a critical push for equitable climate finance as leaders like UN Secretary-General Guterres called for accessible funding for nations most impacted by climate change. Voices from Kazakhstan to Iraq emphasized socially responsible action, while Türkiye pressed for resilience and preparedness. Azerbaijan’s defense of fossil fuels amid progressive green pledges highlights the complexities ahead. At #Spectreco, we’re transforming these discussions into action, equipping businesses and governments with practical ESG strategies that drive measurable progress. Let’s move from dialogue to impact. [email protected] Faraz Khan MBE | SAJJEED ASLAM | Qudsia Sajjeed | Adamjee Aftab | Andrew Brewer | Jed Linsider | Shaista Ayesha | Farooq Nasir COP29 Life | UNFCCC-WGEO Regional Collaboration Centre (RCC) MENA and SA | UNEP-WCMC | United Nations Environment Programme Finance Initiative (UNEP FI) | The World Bank | WWF | World Resources Institute | Natural Resources Defense Council (NRDC) | UNDP | IUCN | Greenpeace | The Climate Reality Project | ICLEI | Reuters | BBC Worldwide News | The Economist | The Guardian | Bloomberg Green | CNBC #COP29 #ClimateFinance #SustainableFuture #ESG #ClimateAction #GreenTransition #GlobalCollaboration #Spectreco #ClimateJustice #NetZero

#Day2 at COP29 Azerbaijan highlighted a critical push for equitable climate finance as leaders like UN Secretary-General Guterres called for accessible funding for nations most impacted by climate change. Voices from Kazakhstan to Iraq emphasized socially responsible action, while Türkiye pressed for resilience and preparedness. Azerbaijan’s defense of fossil fuels amid progressive green pledges highlights the complexities ahead. At #Spectreco, we’re transforming these discussions into action, equipping businesses and governments with practical ESG strategies that drive measurable progress. Let’s move from dialogue to impact. [email protected] Faraz Khan MBE | SAJJEED ASLAM | Qudsia Sajjeed | Adamjee Aftab | Andrew Brewer | Jed Linsider | Shaista Ayesha | Farooq Nasir COP29 Life | UNFCCC-WGEO Regional Collaboration Centre (RCC) MENA and SA | UNEP-WCMC | United Nations Environment Programme Finance Initiative (UNEP FI) | The World Bank | WWF | World Resources Institute | Natural Resources Defense Council (NRDC) | UNDP | IUCN | Greenpeace | The Climate Reality Project | ICLEI | Reuters | BBC Worldwide News | The Economist | The Guardian | Bloomberg Green | CNBC #COP29 #ClimateFinance #SustainableFuture #ESG #ClimateAction #GreenTransition #GlobalCollaboration #Spectreco #ClimateJustice #NetZero

Another day ☀️Another certification✅ All glory to God 🙏🏾 Find out how to get yours ⬇️⬇️⬇️ 🍃Care About Climate did a thing👌🏾✨ As a climate justice advocate who understands the importance of high level meetings and international gatherings where global decisions are made, it is imperative that you are equipped with all the information and knowledge you can get. 🍃In preparation for #COP29, I took the ICPAC COP29 course and it was more than I could have imagined. It covered UNFCCC processes, COP, an overview of climate change and climate justice with respect to every country and so on. To name a few take-aways; 🐬 #COP29 is often reffered to as the finance COP, 🐬 Not all countries bear the same responsibility for climate action whereby developed countries would provide financial support dependent on climate contributions, 🐬Africa has the least contributions to climate emissions but most affected by climate change as it is warming more than the rest of the world, 🐬 Ensuring sustainable ocean management and Some solutions using oceans include shutting down offshore oil and gas, using renewable ocean energy, decarbonization of ships and fishing sectors etc are relevant methods to mitigate climate change, 🐬 At least 2456 fossil fuel lobbyists were granted access to #COP28 and they were instrumental in advocating for fossil phase down instead of a phase out. 🐬 Women and children are most vulnerable and affected by climate change particularly black women, indigenous women and women of color. 🌎We’re hoping to see a lot of changes at #COP this year including enhanced transparency (all delegates are advised to share their affiliations), inclusion of SIDs, vulnerable countries, marginalized groups, just transition initiatives, climate finance and funding for adaptation goals especially in vulnerable communities. 🌎I am particularly interested in these thematic areas; ACE, health, gender, Justice transition and loss and damage. 🤔I’m interested in them all! Haha, But particularly those I have mentioned 👌🏾 #COP29 would be taking place at Baku Azerbaijan from November 11-22nd, 2024. Do you have any plans for COP this year? If you do, feel free to share in the comments section 💬 https://lnkd.in/d74SFMfQ #COP29 #youthadvocacy #climatejustice #climateandhealth #Ecodoc

To Sum it UP at #COP29 The Presidency has rolled out new texts on key climate topics, including the NCQG and Just Transition Work Programme, after a night of intense consultations. While we await the details on Article 6, the journey continues with more iterations and closing plenaries ahead. The timing may be uncertain, but our commitment to a sustainable future remains steadfast! Friday's discussions on the #NCQG text revealed a stark consensus: it's simply not good enough. With a target of USD $250bn by 2035 deemed disappointing, many argue we can and must aim higher! 🚀 The mitigation package feels like a 'minimum viable' option, lacking the robust commitments needed for genuine progress. Meanwhile, the GGA maintains some consistency but raises concerns with vague references that could hinder developing nations. As we approach the final hours of COP in Baku, the stakes have never been higher. We need a “breakthrough”, not a breakdown! The world is watching as the Presidency holds the key to unite Parties in the fight against the climate crisis. 💰 It’s time for real commitments—beyond USD $250bn—from developed nations. Let's phase out inefficient fossil fuel subsidies and prioritize adaptation financing. The #NCQG text must reflect our urgent need for action and collaboration. 🌍💔 The latest climate negotiations are raising eyebrows and igniting passions. AOSIS expresses deep disappointment, questioning, "How low can we go?" Ali Mohamed highlights the inadequacy of a $250 billion/year target, while Chris Bowen sees a glimmer of hope amidst controversy. Tina Stege's powerful words resonate: small island nations are on the brink, demanding not just sympathy but action. Oxfam calls it a "shameful failure of leadership." As we navigate this complex landscape, we must push for ambitious solutions that prioritize our planet and vulnerable communities. #ClimateAction #ClimateJustice #COP29

The 29th United Nations climate change conference (#COP29) kicked off on November 11 in Baku, #Azerbaijan, with some 53,000 attending. Building on previous negotiations, the #UNclimatesummit is expected to seal and ensure efforts toward climate justice, focusing primarily on providing vulnerable nations with adequate funding to adapt to and recover from the impacts of climate change. Here is a recap of everything that happened during COP29 week 1. 1) Parties welcomed the adoption of new standards by the #Article6.4 Supervisory Body for the creation of #carboncredits under Article 6.4. These standards ensure the integrity of the carbon market, focusing on real, additional, verified, and measurable emissions reductions. The standards are flexible and can be updated by Parties as needed. 2) Countries such as #Brazil, #UK, #Indonesia and #UAE expressed renewed commitment to climate action through 2035 emissions reduction targets with their NDC submissions. 3) The world’s largest multilateral development banks (MDBs) announced an ambitious new climate finance goal. They committed to ramping up annual funding to $120 billion by 2030 for low- and middle-income countries. 4) Azerbaijan’s President Ilham Aliyev led a summit with SIDS leaders to address climate resilience and finance access. The “#BakuDeclaration” was adopted, highlighting SIDS' unique climate vulnerabilities and Azerbaijan’s role in amplifying their voices at COP29. 5) The #BakuCoalitionDeclaration for the Green Climate Transition of #SMEs was signed by officials. 6) COP29 Presidency officially launched COP29 Energy Initiatives calling for endorsements for the COP29 Global Energy Storage and Grids Pledge, the COP29 Green Energy Zones and Corridors Pledge, and the COP29 Hydrogen Declaration. 7) Declaration on Green Digital Action launched at COP29 to curb the sector’s emissions. The declaration recognizes the role of technologies like AI and big data in climate monitoring, early warning systems, and emissions reduction. #BuildingCarbonMarketsTogether Contact us at: [email protected] Rohit Kumar Bikash Sahu Ayushi Gaur Sruthy Jacob Mohit Gautam Upansh Srivastava #COP29 #ClimateFinance #ClimateAction #Sustainability #Article6 #CarbonMarkets #RenewableEnergy #EnergyTransition #GlobalClimateGoals #UNFCCC #GlobalCooperation #CarbonMarkets #Article6 #ParisAgreemen #GlobalSouth #ClimateAction #Sustainability #ClimateLeadership #GreenTransition #IndustryVoice #FutureOfCarbonMarkets #InclusiveClimateAction #VCM #VCMI #ICVCM #CCTS #ETS #Offset #SustainableDevelopment #PMO #MOP #MOEFCC #BEE #MOCI #MOPNG #CPCB #EPR

#InTheNews - Op-ed ✍️ "At its #COP in Paris in 2015, the UNFCCC had agreed that a new and collective - not individual country commitments - quantified financing goal would be established. In the decade since, several key matters remain stalled, including the elusive number for the NCQG that developing countries want to know and are calling for. India has called for $1 trillion a year", writes Mr Manjeev Singh Puri, Distinguished Fellow, TERI - The Energy and Resources Institute, in his op-ed for NDTV. 📰 𝐑𝐞𝐚𝐝 𝐡𝐞𝐫𝐞 👉 https://lnkd.in/gTjNVdnF #COP29 #ClimateAction #G20Summit #ClimateFinance #SustainableDevelopment #ClimateChange #ParisAgreement #ClimateJustice

The 29th United Nations climate change conference (#COP29) kicked off on November 11 in Baku, Azerbaijan, with some 53,000 attending. Building on previous negotiations, the UN climate summit is expected to seal and ensure efforts toward climate justice, focusing primarily on providing vulnerable nations with adequate funding to adapt to and recover from the impacts of climate change. Here is a recap of everything that happened during COP29 week 1. 1) Parties welcomed the adoption of new standards by the Article 6.4 Supervisory Body for the creation of carbon credits under Article 6.4. These standards ensure the integrity of the carbon market, focusing on real, additional, verified, and measurable emissions reductions. The standards are flexible and can be updated by Parties as needed. 2) Countries such as Brazil, UK, Indonesia and UAE expressed renewed commitment to climate action through 2035 emissions reduction targets with their NDC submissions. 3) The world’s largest multilateral development banks (MDBs) announced an ambitious new climate finance goal. They committed to ramping up annual funding to $120 billion by 2030 for low- and middle-income countries. 4) Azerbaijan’s President Ilham Aliyev led a summit with SIDS leaders to address climate resilience and finance access. The “Baku Declaration” was adopted, highlighting SIDS' unique climate vulnerabilities and Azerbaijan’s role in amplifying their voices at COP29. 5) The Baku Coalition Declaration for the Green Climate Transition of SMEs was signed by officials. 6) COP29 Presidency officially launched COP29 Energy Initiatives calling for endorsements for the COP29 Global Energy Storage and Grids Pledge, the COP29 Green Energy Zones and Corridors Pledge, and the COP29 Hydrogen Declaration. 7) Declaration on Green Digital Action launched at COP29 to curb the sector’s emissions. The declaration recognizes the role of technologies like AI and big data in climate monitoring, early warning systems, and emissions reduction. #BuildingCarbonMarketsTogether Contact us at: [email protected] Rohit Kumar Bikash Sahu Ayushi Gaur Sruthy Jacob Mohit Gautam Upansh Srivastava #COP29 #ClimateFinance #ClimateAction #Sustainability #Article6 #CarbonMarkets #RenewableEnergy #EnergyTransition #GlobalClimateGoals #UNFCCC #GlobalCooperation #CarbonMarkets #Article6 #ParisAgreemen #GlobalSouth #ClimateAction #Sustainability #ClimateLeadership #GreenTransition #IndustryVoice #FutureOfCarbonMarkets #InclusiveClimateAction #VCM #VCMI #ICVCM #CCTS #ETS #Offset #SustainableDevelopment #PMO #MOP #MOEFCC #BEE #MOCI #MOPNG #CPCB #EPR