Erum Khan’s Post

As we approach #COP29, all eyes are on what many are calling "the finance COP." With the New Collective Quantified Goal (NCQG) on climate finance up for negotiation, the world expects a new funding mechanism to replace the unmet $100 billion annual pledge from 2009. 🌱 Key areas of focus include: #Climate Finance: Critical discussions on how wealthy nations can better support developing countries in their decarbonization and climate adaptation efforts. #Phasing Out Fossil Fuels: With increased momentum to move towards renewable energy, COP29 is expected to push for stronger commitments in this area. #Inclusive Leadership: Indigenous communities and local leaders will play a pivotal role, as their knowledge is vital in safeguarding ecosystems and promoting sustainable practices. #Sectors on the Agenda: Agriculture, food systems, land rights, health, and green job creation will be at the forefront of the discussions. This is a pivotal moment for climate justice, addressing both the financial and practical pathways needed for a sustainable and resilient future. Let’s see what strides can be made! 💼🌍 #ClimateAction #COP29 #SustainableDevelopment #GreenFinance #IndigenousLeadership #ResilientFutures #RenewableEnergy #GlobalJustice

🌍 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 Biennial Transparency Reports (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 global climate action. 2. COP29 has successfully concluded negotiations on Article 6.8 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! 🌱 #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

🌍 COP29: A Step Forward in Turbulent Times—The Fight for Net-Zero Continues 🌱 As a Member of Scientific Council of #COP29, I’m reflecting on the outcomes of this year’s conference in #Baku. While progress was made, it’s clear that the road to achieving global climate goals remains challenging. In a world marked by turbulent transformations, every step forward is crucial. 📌 Key Agreements at COP29 Azerbaijan: Progress Amid Challenges 1️⃣ Enhanced Climate Finance: Developed nations pledged $300 billion annually by 2035 to support vulnerable countries. While this falls short of the $1.3 trillion annual need for adaptation and mitigation, it is a critical step toward addressing funding gaps and keeping the dialogue on climate finance alive. 2️⃣ Collective Goals and Capacity Building: The emphasis on education, skills development, and innovation reflects a growing recognition that capacity building is essential for achieving a just green transition. 3️⃣ Climate Transition Finance Standards: The introduction of global standards informed by Article 6 of the Paris Agreement and carbon markets was an important move to enhance consistency and ambition in climate finance. 📌 Bulgaria at #COP29: Powering up Regional Cooperation and Climate Diplomacy At #COP29, the Bulgarian Pavilion stood as a dynamic hub of collaboration, innovation, and impactful dialogues. From high-level discussions with prominent leaders like EU Commissioner Iliana Ivanova, Greek Prime Minister Kyriakos Mitsotakis, and Bulgarian President Rumen Radev, to transformative panels led by Ministers of Energy from Bulgaria, Belgium, Romania, Greece, and Moldova, our country showcased its ambition to drive regional leadership in #energyconnectivity and cooperation. Tinne Van der Straeten, Sebastian Burduja, @Theodoros Skilakakis, vladimir Malinov,Victor Parlicov A standout highlight was the Green Transition Forum—the most impactful event in Central, Eastern and Southeastern Europe—which brought together leaders, changemakers and experts to tackle critical topics. ✅ Scaling renewable energy solutions to meet future demands.✅ Advancing sustainable finance to unlock climate action.✅ Decarbonization, ESG, and Clean Tech, empowering competitiveness and net-zero future ✅Powering up the role of #CEE in #GreenTransformation✅Global Call for Equitable Climate Finance While global commitments may not yet match the urgency of the climate crisis, Bulgaria’s initiatives prove that meaningful progress can—and must—happen regionally. The outcomes of COP29 remind us that the journey to net-zero is far from over. Financial commitments may not yet meet the scale of the crisis, but they signal a shared understanding that change is necessary. In a rapidly evolving world, it’s more important than ever to stay optimistic, continue pushing for ambition, and act with urgency. Looking forward to #COP30 in #Brazil 2026! #COP29 #ClimateAction #Sustainability #GreenTransition #NetZero #Bulgaria #HopeForTheFuture

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

🌍 COP29 is in full swing in Baku, Azerbaijan, and a lot is happening! 🌍 From climate finance to Indigenous voices and adaptation strategies, COP29 covers crucial ground for a sustainable future. Here’s a mix of Livestream events I’m curious about that hold significant importance for the climate community. Key COP29 Events: 📅 Opening Ceremony – Nov 11 Global leaders set the stage for transformative climate action, emphasizing human rights and protection for vulnerable communities. 📅 High-Level Segment – Nov 12 National representatives outline their climate commitments, spotlighting strategies that directly address climate-vulnerable nations. 📅 UN Secretary-General’s Event on Integrity in Net-Zero Commitments – Nov 13 A stocktake on net-zero promises by non-state actors, emphasizing transparency and accountability. 📅 Delivering Early Warnings for All and Addressing Extreme Heat – Nov 14 Early warning systems and extreme heat solutions for vulnerable populations, convened by the UN Secretary-General. 📅 World Benchmarking Alliance: Financing Just Oil and Gas Transitions – Nov 14 Discusses equitable financing for transitions in oil and gas, balancing economic impacts on communities. 📅 Roundtable: Climate Finance and Political Change – Nov 14 Explores how political shifts impact climate finance, especially for high-risk nations. 📅 WECAN: Indigenous Women from the Amazon - Calls for Urgent Action – Nov 16 Indigenous women leaders from the Amazon call for climate justice, bringing Indigenous-led solutions to the forefront. 📅 ProVeg e.V.: All Eyes on COP30 - Tackling Food Systems – Nov 17 Discusses sustainable food systems as a cornerstone of effective climate action in the lead-up to COP30. 📅 NDCs 3.0: Blueprints for Stronger Economies – Nov 20 Focused on the next generation of Nationally Determined Contributions and their role in building resilient economies for vulnerable regions. 📅 UN Women: Gender and Climate - Synergies and Challenges – Nov 20 A look at the intersection of gender and climate, focusing on resilience-building for women in vulnerable communities. 📅 New Collective Goal on Climate Finance – Nov 21 Negotiations for a new financial target aimed at supporting climate-vulnerable regions. 📅 Closing Plenary – Nov 22 Summarizing COP29’s outcomes, with a focus on actionable commitments for the communities most at risk. 💻 Check out the full COP29 schedule for livestream links, and be part of the global climate conversation! https://lnkd.in/eqkN7Ut9 #COP29 #ClimateAction #Sustainability #HumanRights #ClimateFinance #YouthEmpowerment #JustTransition

🌍 4th Meeting of COP29 Azerbaijan International Advisory Committee: Driving Climate Action Forward 🌿 November 17, 2024, Baku: The COP29 Presidency hosted the 4th meeting of the International Advisory Committee (IAC), bringing together distinguished leaders and experts to shape the second week of COP29 negotiations. Key highlights: 🔹 Mukhtar Babayev, COP29 President, set the tone by outlining priorities for negotiations and the critical role of IAC members. 🔹 Jean Baderschneider moderated discussions, emphasizing cross-sector collaboration. 🔹 Nigar Arpadarai, High-Level Climate Champion, showcased impactful initiatives like the Business, Investment, and Philanthropy Climate Platform, uniting 1000 global leaders. 🔹 Leyla Hasanova, Youth Climate Champion, spotlighted youth engagement as a cornerstone for sustainable solutions. The Committee also explored strategies on mitigation, adaptation, loss and damage, and more, with insights from eminent leaders like Tarja Halonen, Vaira Vike-Freiberga, and Todd Stern. Together, these efforts reaffirm COP29’s commitment to fostering innovation, inclusivity, and collaboration in the fight against climate change. 🌏 #COP29 #ClimateLeadership #Sustainability #GlobalAction

🌍 COP29 in Azerbaijan: A Pivotal Moment for Global Climate Action 🌍 As COP29 unfolds in Baku, Azerbaijan, from November 11 to 22, 2024, the global community stands at a critical juncture in the fight against climate change. This conference not only underscores the urgency of environmental action but also highlights the complexities of hosting such a significant event in a nation with a robust fossil fuel economy. 🗺 Azerbaijan's Role and Challenges Hosting COP29 places Azerbaijan under the international spotlight, offering a platform to demonstrate leadership in climate diplomacy. However, the nation's heavy reliance on oil and gas—accounting for over 90% of its export revenues—raises questions about its commitment to sustainable energy transitions. Critics point to the country's environmental record and human rights issues, suggesting that these factors could influence the effectiveness of the conference. --🔍 Key Focus Areas Climate Finance: A central topic at COP29 is the mobilization of financial resources to support developing countries in mitigating and adapting to climate change. The recent achievement of the $100 billion annual target, reaching nearly $116 billion in 2022, marks a significant milestone. However, discussions continue on setting more ambitious goals to meet the escalating needs of vulnerable nations. --🔥 Energy Transition: The conference provides a forum to debate the global shift from fossil fuels to renewable energy sources. Azerbaijan's announcement of a $500 million climate investment fund, sourced from its state oil company, reflects an effort to contribute to this transition. Yet, the scale and impact of such initiatives remain subjects of debate. --✅ Human Rights and Environmental Justice: The intersection of climate action and human rights is a critical consideration. Hosting COP29 in a country with a contested human rights record prompts discussions on the ethical dimensions of environmental policies and the importance of inclusive, equitable climate solutions. What are the implications for Global Climate Policy? COP29 serves as a barometer for the international community's resolve to address climate change amidst geopolitical and economic challenges. The outcomes of this conference could set the tone for future climate negotiations, influencing policies on emission reductions, adaptation strategies, and the integration of human rights into environmental frameworks. As professionals and stakeholders, it is imperative to engage critically with the developments at COP29, recognizing both the opportunities and the complexities inherent in this pivotal event. The path forward requires a balanced approach that considers economic realities, ethical imperatives, and the shared responsibility of safeguarding our planet for future generations. #COP29 #ClimateAction #Sustainability #EnergyTransition #HumanRights #EnvironmentalJustice

The last fifteen days at #COP29 were full of mixed experiences, including negotiations, meetings, and side events. Each day brought new challenges and opportunities, from engaging in discussions to connecting with diverse stakeholders and sharing work and ideas. The outcomes of #COP29 have been met with varied reactions. The outcomes of COP29, held in Baku, Azerbaijan, have flashed significant discussion regarding the effectiveness of the Paris Agreement. Key highlights are: ◆ The most prominent outcome was a climate finance deal that is inadequate to meet developing countries' needs. Despite calls for substantial increases in climate financing, the agreement fell short, committing only $300 billion annually by 2035, which many parties argue is insufficient given the scale of climate challenges developing nations face. A last-minute addition proposed a roadmap to scale up funding to $1.3 trillion for developing countries, yet skepticism remains about whether this target will be met or not. ◆ After nearly a decade of negotiations, COP29 successfully aligned Article 6 of the Paris Agreement on the final building blocks that set out how carbon markets will operate under the Paris Agreement, making country-to-country trading and a carbon crediting mechanism fully operational. ◆ Progress was made on operationalizing the loss and damage fund. The agreement was made between the loss and damage fund board with the World bank and the Government of the Philippines to host the secretariat. These agreements create an enabling environment for the operationalization of loss and damage funds with pledges of worth of USD 730 million. However, further contributions are necessary to cover the loss and damage cost in the developing nation. ◆ COP29 made steps in advancing the Global Goal on Adaptation by focusing on indicator development and increasing financial support mechanisms to meet 2030 goal. However, significant challenges remain in ensuring that these frameworks are effectively implemented and supported by adequate resources. ◆ Parties have agreed on a decision on gender and climate change, extending the enhanced Lima Work Programme on Gender and Climate Change for another 10 years. Parties also agreed to develop a new gender action plan for adoption at COP30. ◆ In COP 29 for the first-time dedicated spaces were created to ensure the meaningful participation of children within the Youth-led Climate Forum highlighting the importance of inclusivity and intergenerational collaboration in driving climate action. However, there remains a need for increased participation and representation of youth and children in climate action initiatives. Furthermore, the COP29 Presidency introduced a series of Declarations and Pledges aimed at enhancing global action on climate issues. These initiatives include commitments to reduce methane emissions and promote green energy zones and water for climate action where fifty parties signed the agreement.

Why am I joining COP 29? Why should it matter to us? In a day, I will head to Baku, Azerbaijan, the birthplace of the oil industry, where the 29th Conference of the Parties (#COP29) will take place. This event will bring together world leaders, negotiators, scientists, and various stakeholders to advance global efforts in addressing climate change. Hosting COP 29 in Baku, a country with a rich history in the oil industry, underscores the critical intersection of energy and climate policy. The decisions made at COP 29 will directly influence whether future generations inherit a world of abundance or one plagued by scarcity. It is essential that the voices of youth and children’s aspirations are woven into this critical dialogue, as they stand to face the consequences of our actions today. My upcoming participation in COP 29 as a Sri Lanka National Delegate holds significant importance for advocating Youth-centered Climate Action. COP is a multifaceted negotiation platform that extends beyond carbon emissions. This broad scope of negotiations reflects the interconnected nature of climate action and the diverse priorities of participating nations. By participating in this high-stakes game, I aim to enhance the voices of young generation, ensuring that their needs and creative solutions are not overlooked amid these negotiations. I hope to inspire discussions that not only acknowledge the climate crisis but also empower young people to take active roles in driving resilience and sustainability in their communities. Together, we can push for a future that prioritizes the rights and well-being of children and youth while addressing the global challenges of climate change. The effectiveness of COP is often contested due to several reasons. There are gaps between the ambitious targets set and the actual implementation of policies. Political and economic interests can hinder consensus, and the lack of binding enforcement mechanisms can undermine accountability. Additionally, disagreements over climate finance can create tensions between developed and developing nations. Despite these challenges, maintaining hope and support for collaborative dialogues like COP 29 is crucial. COP 29 provides a unique global platform for almost every country to come together and discuss climate action. It facilitates the exchange of knowledge, best practices, and technological innovations, which can accelerate solutions to combat climate change. While progress may be slow and incremental, each COP builds on the previous ones, gradually moving the world closer to achieving climate goals. By supporting and participating in COP 29, we can continue to push for stronger climate action, foster international cooperation, and work towards a sustainable future. COP 29 provides a unique opportunity to network with other organizations, governments, and stakeholders. ChildFund International ChildFund Sri Lanka ChildFund Asia Region

Reflections on COP28 and Anticipations for COP29 COP28, the 28th Conference of the Parties to the UNFCCC, marked a pivotal global effort to address climate change. Held in Dubai, UAE, the conference focused on enhancing global commitments and translating ambitious goals into actionable policies. Here are key reflections from COP28: 🌍 Strengthened Commitments: Major emitters like the US, China, and the EU committed to deeper greenhouse gas emission cuts, outlining clearer pathways to net zero by mid-century. 💰 Climate Finance: Developed nations agreed to increase financial support to developing countries, ensuring the $100 billion annual commitment is met and exceeded, which is crucial for adaptation, mitigation, and addressing loss and damage. 💡 Loss and Damage Fund: The operationalisation of the Loss and Damage Fund to compensate countries suffering from climate-induced disasters saw initial pledges from several developed nations and international financial institutions. 🔬 Technological Innovations: Significant advancements in green technologies were showcased, with collaborative initiatives encouraged to accelerate deployment. 🗣️ Youth and Indigenous Voices: Youth and indigenous groups played a crucial role in advocating for decisive climate action and equitable policies, underscoring the need for inclusive decision-making processes. Anticipations for COP29: 🔍 Implementation and Accountability: Focus on implementing COP28 pledges with mechanisms for accountability and transparency. 📈 Scaling Up Climate Finance: Addressing remaining gaps in climate finance with innovative mechanisms like green bonds and blended finance. 🌱 Nature-Based Solutions: Emphasis on scaling up NBS initiatives such as reforestation, conservation, and sustainable agriculture. 📊 Carbon Markets and Trading: Developing robust carbon markets with environmental integrity, transparency, and equitable participation. 🤝 Addressing Non-State Actors: Encouraging stronger partnerships and commitments from cities, businesses, and civil society. ⚖️ Just Transition: Ensuring a just transition for workers and communities affected by the shift to a low-carbon economy through reskilling, social protection, and economic diversification. The progress made at COP28 is a clear indication of the global commitment to addressing climate change. However, it also serves as a stark reminder of the urgent need for continued action and collaboration. As we set our sights on COP29 in Baku, Azerbaijan, the focus will be on translating commitments into tangible actions, ensuring accountability, and addressing the needs of the most vulnerable. #COP28 #ClimateAction #Sustainability #GreenTech #ClimateFinance #NetZero #ClimateChange #COP29 #ClimateJustice #EnvironmentalSustainability #YouthVoices #IndigenousVoices #JustTransition #CarbonMarkets #NatureBasedSolutions #GlobalCooperation #ClimateCommitments #OceanBlocks