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Last week, the United Nations concluded the 29th COP Summit in Baku, Azerbaijan, adding a significant chapter to the global fight against climate change. At 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐢𝐭𝐲.𝐀𝐢, we’re inspired by the ambitious commitments made and the momentum they bring to achieving the goals of the Paris Agreement - humanity’s ultimate life- raft in this crisis. Here’s what stood out: 1) 𝐂𝐥𝐢𝐦𝐚𝐭𝐞 𝐅𝐢𝐧𝐚𝐧𝐜𝐞: 𝐀 𝐍𝐞𝐰 𝐇𝐨𝐩𝐞 COP29 introduced a historic agreement to triple climate finance to $300 billion annually by 2035, with a goal to mobilize $1.3 trillion per year from public and private sources. This is more than a financial pledge - it’s a pathway to resilience for vulnerable nations. 2) 𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐭𝐡𝐞 𝐂𝐥𝐞𝐚𝐧 𝐄𝐧𝐞𝐫𝐠𝐲 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧 With global clean energy investment surpassing $2 trillion in 2024, the transition away from fossil fuels is accelerating. COP29’s agreements pave the way for renewable energy, promising more jobs, economic growth, and affordable energy for all. 3)𝐂𝐚𝐫𝐛𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭𝐬: 𝐀 𝐃𝐞𝐜𝐚𝐝𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐚𝐤𝐢𝐧𝐠 After years of negotiation, COP29 finalized the operational framework for carbon markets under the Paris Agreement, ensuring transparency, environmental integrity, and much-needed funding for developing nations. 4) 𝐔𝐩𝐥𝐢𝐟𝐭𝐢𝐧𝐠 𝐋𝐨𝐜𝐚𝐥 𝐚𝐧𝐝 𝐈𝐧𝐝𝐢𝐠𝐞𝐧𝐨𝐮𝐬 𝐋𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩 The summit emphasized the crucial role of Indigenous Peoples and local communities, adopting the Baku Workplan to amplify their voices and leadership in climate solutions. 𝐎𝐮𝐫 𝐑𝐨𝐥𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐟𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐂𝐥𝐢𝐦𝐚𝐭𝐞 𝐚𝐜𝐭𝐢𝐨𝐧. The Paris Agreement calls for collective action - and at 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐢𝐭𝐲, we’re doubling down on using AI to tackle these challenges. From innovating carbon credit systems to advancing clean energy deployment, we’re committed to turning these agreements into real-world impact. Simon Stiell, Executive Secretary of UN Climate Change, summed it up perfectly: “𝑻𝒉𝒆 𝑼𝑵 𝑷𝒂𝒓𝒊𝒔 𝑨𝒈𝒓𝒆𝒆𝒎𝒆𝒏𝒕 𝒊𝒔 𝒉𝒖𝒎𝒂𝒏𝒊𝒕𝒚’𝒔 𝒍𝒊𝒇𝒆-𝒓𝒂𝒇𝒕. 𝑻𝒉𝒆𝒓𝒆 𝒊𝒔 𝒏𝒐𝒕𝒉𝒊𝒏𝒈 𝒆𝒍𝒔𝒆” What inspired you most about COP29? Let’s discuss how we can collaborate to scale these efforts and drive transformative climate action. #COP29 #ParisAgreement #UnitedNations #UN #ParisAgreement #Baku #Sustainability #DeepTech #CleanTech #ClimateAction #CleanEnergy #AIForGood  Image Credit: Lucia Vasquez | UN Climate Change

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

tGELF Joins COP29 for the Fourth Time!   For the fourth time, tGELF proudly participated in the 29th Conference of the Parties (COP29) in Baku, Azerbaijan, from November 11-22, 2024. Ann Rosenberg, Senior Sustainability & Climate Advisor from the tGELF team, joined world leaders, climate advocates, and changemakers to tackle the escalating climate crisis and strengthen global commitments to sustainability. This year’s summit emphasized new finance targets, enhanced adaptation measures, and the operationalization of the loss and damage fund, with developed nations committing to mobilizing $300 billion annually by 2035 to assist developing nations in addressing climate challenges. tGELF remains committed to driving transformative solutions for a sustainable and equitable future. COP29 Azerbaijan #COP29 #tGELF #Sustainability #ClimateAction #Baku2024 #GreenFuture #GlobalCommitments

🌍 **Calling All Climate Enthusiasts!** 🌍 Missed COP29? Here's your chance to make a difference! 🌱 We need your innovative ideas to bridge the climate financing gap between developing and developed countries. At COP29, developing nations sought $1.3 trillion annually, but developed countries committed only $300 billion by 2035. Let's close this gap! **How to Participate:** 1. Write an article with practical solutions and recommendations. 2. Submit your article link below this LinkedIn post by 24th March, 2025. 3. The best submission will be featured at COP30, circulated among delegates, and win an exclusive COP29 delegate water bottle! 💧 Let's work together to create a sustainable future. Submit your articles now and be part of the change! ✍️ #ClimateAction #COP29 #COP30 #Sustainability #ClimateFinance #GreenFuture

🌍 COP29 in Baku: Uniting the World for a Sustainable Future 🌿 COP29 officially began on November 11th, as global leaders, climate champions, and policy experts gathered in Baku, Azerbaijan. With powerful opening speeches from Sultan Al-Jaber (COP28 President), Mukhtar Babayev (COP29 President), and Simon Stiell (UN climate chief), the summit launched with strong calls for accelerated action and unity on climate goals. Key Day 1 Highlights: 🌱 Agenda Debates & Unity Calls: Achieving consensus on the agenda involved navigating complex discussions around fossil fuel transitions and trade measures, reflecting the challenge of balancing urgency with diverse national priorities. 🌐 Trade & Carbon Markets in Focus: A proposal from the BASIC countries to address Europe’s carbon border tax and trade measures was postponed to ease proceedings, paving the way for collaboration. Meanwhile, Azerbaijan placed a significant focus on advancing Article 6 of the Paris Agreement, with new rules allowing developing nations to earn credits through emissions reductions. 💼 US Climate Commitment Steady Despite Shifts: John Podesta underscored the resilience of the U.S. stance on climate, highlighting private sector initiatives and regional commitments as sustaining factors, while encouraging China to increase its global climate leadership role. 🗣️ Anticipated Announcements: With the absence of leaders from the US, China, India, and the EU, the spotlight now shifts to Azerbaijan’s President Ilham Aliyev, who is expected to reveal the nation’s climate vision, and the UK’s Keir Starmer, who may share bold new emissions targets for 2035. As COP29 progresses, global alignment and collaboration will be essential to drive forward climate finance, expand renewable energy, and build climate resilience worldwide. Together, we can make impactful strides toward a sustainable future. 🌍✨ #COP29 #ClimateAction #SustainableDevelopment #RenewableEnergy #CarbonMarkets #ClimateFinance #ClimateChange #UNFCCC #ClimateResilience #KBSCertification

#Day12 of COP29 Azerbaijan witnessed powerful discussions and bold proposals as the summit concluded. From amplifying youth voices with Leyla Hasanova's session on engaging children in the NDC 3.0 process to unveiling a draft financing deal of $250B annually for developing nations, the event underscored both progress and persistent challenges. As global leaders debated financing mechanisms and accountability, the urgency of real climate action became even more evident. Can these ambitious pledges be transformed into meaningful outcomes? Faraz Khan MBE | SAJJEED ASLAM | Qudsia Sajjeed | Adamjee Aftab | Andrew Brewer | Jed Linsider | Shaista Ayesha | Farooq Nasir | Zahida Anwar | Usama Imran, FCCA, UAECA | Ghazanfar Aleem, ACA 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 #ClimateAction #GenderEquality #IndigenousLeadership #Sustainability

#Day12 of COP29 Azerbaijan witnessed powerful discussions and bold proposals as the summit concluded. From amplifying youth voices with Leyla Hasanova's session on engaging children in the NDC 3.0 process to unveiling a draft financing deal of $250B annually for developing nations, the event underscored both progress and persistent challenges. As global leaders debated financing mechanisms and accountability, the urgency of real climate action became even more evident. Can these ambitious pledges be transformed into meaningful outcomes? Faraz Khan MBE | SAJJEED ASLAM | Qudsia Sajjeed | Adamjee Aftab | Andrew Brewer | Jed Linsider | Shaista Ayesha | Farooq Nasir | Zahida Anwar | Usama Imran, FCCA, UAECA | Ghazanfar Aleem, ACA 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 #ClimateAction #GenderEquality #IndigenousLeadership #Sustainability

As the world prepares for COP29 Azerbaijan in Baku this week, we are reminded of how it serves as a critical platform for advancing our progress towards the UN Sustainable Development Goals. The 17 Global goals provide a comprehensive framework for sustainable development — to tackle the most pressing issues our planet faces by 2030. But fulfilling the Agenda 2030 is no easy feat. It demands unprecedented levels of collaboration, commitment and investment from governments, private sectors and the public. COP29 presents an opportunity in this regard — to forge partnerships that drive innovation and deploy solutions at scale. By fostering dialogue and cooperation among delegates from countries, businesses, and civil society, COP29 can accelerate our collective progress towards the Global Goals. At Paragon Impact, we are committed to playing our part in this. With COP29 commencing this week, we look forward to the insightful discussions and actionable outcomes that will come out of our planet’s biggest climate conference. . . . . #COP29 #SDGs #SustainableDevelopment #ClimateAction #Agenda2030 #PartnershipsForTheGoals #sustainability

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

🌍 Countdown to COP29: Shaping the Future of Climate Action 🌍 Hi everyone! This year’s COP29 conference is a big deal for climate finance and policy. We’ve got some crucial talks and decisions coming up to guide our future climate actions, especially with the new NDCs (Nationally Determined Contributions) due next year. PwC is excited to host several events on key topics, and we’ll be diving into lots of interesting discussions and debates. Check out what we’re up to at COP29 here: https://lnkd.in/dkjzWCpv I’m especially looking forward to hosting a panel on Implementing NDC 3.0. This session will focus on how we can combine decarbonisation with sustainable economic growth. It’s not just about cutting emissions—it’s also about transforming our economies and ensuring everyone prospers. I’m thrilled to be joined by some amazing panellists: ✨ Victoria Kireyeva, Deputy Minister of Environmental Protection and Natural Resources of Ukraine ✨ Andrew McDowell, Director General, European Investment Bank ✨Rachel McEwen, Chief Sustainability Officer, SSE Plc ✨ Elrika Hamdi, Deputy Head of Secretariat for the Just Energy Transition Partnership (JETP) in Indonesia ✨ Peter Hill, Senior Advisor to PwC, former UK political advisor & CEO to COP26 Join us for this important discussion on 📆 14th November 2024. There will be plenty of opportunities to network and chat about these important topics! Let’s turn our ambition into action and make real progress together. 🌱 #COP29 #ClimateAction #Sustainability #NDC3 #GreenEconomy #Decarbonisation #COP29Azerbaijan #COP29PwC #PwCGPS Will Jackson-Moore Emma Cox Shaukat Tapia Dana Inkarbekova Albena Markova Jan Brazda, CFA Aga Sala Agnieszka Rogowiec Yvonne Welsh Nadja Picard Kate Cheetham Edwina Chin Amal Larhlid امال لغليض Daniela C. Maximilian Povel Julian Smith Lord Jack McConnell Monica Movileanu