David Carlin’s Post

Happy to see the focus on enabling action with a stronger country-wise approach this COP29. We need to address this as a very tangible albeit complex problem else we run the risk of pushing the onus of delivery to the next generation. We need to set those action-driven foundations now. #COP29 #NetZero #UNFCC #SDGx

David Carlin's outline of the key priorities for COP 29 in Baku is both compelling and urgent. The call for enhanced ambition and enabling action is crucial, yet it echoes a familiar refrain we've heard for decades. As we reflect on the persistent increase in greenhouse gas emissions since the Rio Earth Summit in 1992, despite numerous agreements and high aspirations, one pressing question looms: where is the accountability for these unfulfilled promises? The establishment of a New Climate Finance Goal (NCQG) and the operationalisation of the Loss and Damage Fund are pivotal. Yet, without robust mechanisms to ensure compliance and transparency, we risk repeating past failures. Enhancing ambition must be matched with rigorous monitoring and reporting frameworks, holding nations and corporations accountable for their pledges. Integrating Nature and the just transition within climate planning is vital. However, we must also scrutinise the socio-economic structures that perpetuate inequality and environmental degradation. The emphasis on boosting climate finance and strengthening carbon markets is essential, but it should be accompanied by stringent oversight to prevent greenwashing and ensure that funds reach the most vulnerable communities. The transformative shift we envision hinges not only on innovative financial mechanisms but also on a fundamental change in how we approach global cooperation and responsibility. As COP 29 unfolds, it is imperative that we not only set ambitious targets but also build a system where accountability is integral, ensuring that past lessons lead to meaningful action and sustained progress. #COP29 #ClimateAction #ClimateFinance

Mukhtar Babayev, the president of the UN COP29 climate summit, has declared that addressing and finalizing a new collective quantified goal on climate finance will be the central focus of COP29. COP 29 will focus on finalizing a new climate finance goal (NCQG) for developed countries to support developing countries. This is seen as a critical step to meeting the goals of the Paris Agreement. The current goal of $100 billion per year by 2025 needs to be increased substantially, and negotiators are aiming to reach an agreement on the amount and time frame at COP29. Other priorities for COP29 include increased pledges to the loss and damage fund for vulnerable countries, and finalizing the rules for international carbon trading under the Paris Agreement. Become a member of CMAI and unlock the opportunity to join our prestigious delegation to COP29! Join us in advocating for impactful policies and forging international collaborations that drive environmental progress. Don't miss your chance to make a meaningful impact on the future of our planet. Please complete the registration form by clicking on the link below or scanning the QR code provided in the image: https://lnkd.in/dMVfKsxK Once registered, our team will reach out to you to discuss your requirements and complete the registration process. Together, let’s drive climate action and create a sustainable future! 🌱💼 Rohit Kumar Bikash Sahu Ayushi Gaur Sruthy Jacob Mohit Gautam #CMAI #ClimateAction #Sustainability #Decarbonization #Azerbaijan #ParisAgreement #CarbonMarkets #ClimateFinance #GreenTechnology #EmissionReduction #UNFCCC #COP29 #GlobalCooperation #CarbonMarkets #Article6 #ParisAgreement #VCM #VCMI #ICVCM #CCTS #ETS #Offset #SustainableDevelopment #PMO #MOP #MOEFCC #BEE #MOCI #MOPNG #CPCB #EPR

Today marks the opening of COP28—the 28th annual meeting of the Conference of the Parties to the United Nations Framework Convention on Climate Change (#UNFCCC). Our founder first worked on #climatechange and #COP3 as a Presidential Management Fellow posted to the State Department and the White House Task Force on Global Change. The outcome of COP3 was the #KyotoProtocol, which set reduction goals for six #GHGs, an international market trading program, and the #cleandevelopmentmechanism. It’s now 25 years later—and it’s crunch time. The #UN and #IPCC report that we are not on track to meet the planetary warming threshold or the #GHGreduction goals of the #ParisAgreement with expected dire consequences. To cut through the noise surrounding #COP28, here are the top issues that we will be tracking throughout the delegation meetings: ➡️ Efforts to align with the Paris Agreement, including the 1.5°C cap, progress on the #carbonoffsetmechanism, meeting the #globalgoal on #adaptation, and the #globalstocktake ➡️ Status of #energytransition planning and the global #renewable capacity ➡️ Implementation of the $100B #climatefinance pledge to developing countries ➡️ Framework for the World Bank-administered $260M #lossanddamage fund facility

Exciting Announcement! Join us for our event 'Unpacking COP28 and looking forward to COP29 – How Transition Finance Underpins Our Net Zero and Nature Positive Future' on February 27th! 🌍   We are thrilled to invite you to our upcoming virtual event, focused on exploring the key decisions made at COP28 and their implications for Ireland's financial services sector and pursuit of a net-zero future.   📅 Date: 27/02/2024 ⏰ Time: 9 am - 4.15 pm 📍 Location: Virtual Event Register now to secure your spot: https://lnkd.in/eaHcWEEJ   Agenda: Panel 1: 9am – 10.15am Unpacking COP28, The Impact on Europe’s Financial Services Sector Panel 2: 10.45am – 12pm How Transition Finance Will Make or Break Ireland’s Net-Zero Future Panel 3: 1pm – 2.15pm Transition Plans: Role of Regulators and Financial Institutions in Realising COP28 outcomes Panel 4: 3pm – 4.15pm A Look Forward to 2024 Climate COP29 and Biodiversity COP16 Don't miss this opportunity to gain valuable insights and engage in discussions on the intersection of finance and climate action. Register today and be part of the conversation!   Keep an eye out for speaker announcements and please email [email protected] with any queries. #COP28 #TransitionFinance #ClimateAction #Sustainability #Finance #sustainablefinance #Ireland UNDP Financial Centres for Sustainability (FC4S)Skillnet Ireland  

#COP29 is critically timed amidst the escalating climate crises affecting communities worldwide. Termed the 'finance COP', it focuses on finalizing the New Collective Quantified Goal on Climate Finance this year. A significant agenda is to address the unmet 2009 commitment by developed countries to provide $100 billion annually to support climate actions in developing nations. In 2024, the conference aims to establish a higher annual financial target and decide on the nature of these funds—whether as grants or loans—signifying a pivotal moment in global climate governance and solidarity efforts. CMAI with its delegation is gearing up for participation in COP 29 in Baku, Azerbaijan, scheduled from November 11 to 22. Our objective is to highlight exemplary practices and advocate for industry-driven solutions that make substantial contributions to a sustainable future. Are you interested in joining the CMAI delegation at COP 29? To register, please access the registration form by clicking on the following link https://lnkd.in/dMVfKsxK Once registered, our team will reach out to you to discuss your requirements and complete the registration process. Rohit Kumar Bikash Sahu Ayushi Gaur Mohit Gautam Together, let’s drive climate action and create a sustainable future! 🌱💼 #CMAI #ClimateAction #Sustainability #Decarbonization #Azerbaijan #ParisAgreement #CarbonMarkets #ClimateFinance #GreenTechnology #EmissionReduction #UNFCCC #COP29 #GlobalCooperation #CarbonMarkets #Article6 #ParisAgreement #VCM #VCMI #ICVCM #CCTS #ETS #Offset #SustainableDevelopment #PMO #MOP #MOEFCC #BEE #MOCI #MOPNG #CPCB #EPR

Arun K., Manager at Climate Policy Initiative India, participated in the ‘Act4Earth National Dialogue on Road to Dubai: From G20 to COP28’ organized by TERI - The Energy and Resources Institute. Some insights from the event: 1. COP28 can action the Global Goal on Adaptation by creating meaningful outputs around standardized taxonomies, adaptation financing, climate budgeting and MRV frameworks. Only 5% of today’s financing flows are going to adaptation as measured by Climate Policy Initiative’s Global Landscape of Climate Finance 2023. COP28 will have to find ways and means of improving on this. 2. The Loss and Damage Finance Facility (LDFF) needs answers on three questions: who will fund it?; what should be its size?; and who benefits? These aren’t easy questions to answer but COP28 should take a role in striving to answer them and bring the LDFF to reality. 3. Action on the New Collective Quantified Goal (NCQG) requires increased climate financing support from the North to the South. The NCQG should consider the latest scientific assessments of the financial requirements to limit global warming to well below 2 degrees Celsius and aim for 1.5 degrees Celsius. 4. The first Global Stocktake (GST) should push nations to set ambitious targets for emission reduction in COP28. It should provide a platform for parties to revisit and update their nationally determined contributions (NDCs). 5. By using green and climate-sensitive budgeting tools and strategies, governments can effectively align their fiscal policies and expenditure decisions with the dual objectives of addressing climate change and achieving the SDGs. This not only helps in achieving environmental sustainability but also fosters economic growth and social well-being, contributing to a more resilient and equitable future. 6. Lifestyle for Sustainable Development (LiFE) was a key pillar of the Green Development Pact of India’s G20 Presidency. This mission has to be taken forward in COP28 by integrating it with existing global agendas, such as the SDGs - especially SDG 12 (Responsible Consumption and Production). By emphasizing the connection between lifestyle choices and sustainability, countries can promote LiFE principles within these frameworks.

To ensure vulnerable developing countries’ needs are met at #COP29, ACT2025’s new call to action lays out a four-pillar plan for success and offers clarity on how these outcomes can be achieved: 💰 Finance – Deliver needs-based and transparent climate finance 📋 Mitigation – Accelerate just and equitable ambition 🌊 Loss & Damage – Respond with sufficient action and support 🌾 Adaptation – Scale up planning, implementation, and finance   Read the full call to action from #ACT2025 here: https://bit.ly/4bGCNeA #ACT2025 #ClimateFinance #ClimateJustice #COP29 #LossAndDamage #Adaptation #Sustainability #CCCD_AEFUNAI African Union Africa CEO Forum African Development Bank Group IFC Africa African Export-Import Bank (Afreximbank) Afreximbank Research World Resources Institute Lagos Business School, Pan-Atlantic University University of Lagos Business School Lagos State Government

As we approach COP29 in Baku this November, with just #100daystoCOP29, here’s what we’re looking forward to: 1. Climate Finance: Dubbed the “finance COP,” COP29 aims to align climate finance contributions with global needs. Creative solutions and increased private sector involvement are essential to address the New Collective Quantified Goal (NCQG) challenges. 2. Article 6 of the Paris Agreement: This article could revolutionize carbon markets, making them more effective in reducing emissions. However, we need clear agreements on definitions, project eligibility, and review processes to operationalize it fully. 3. Loss and Damage Fund: The fund needs significant growth to meet global needs. Appointing an executive director and securing private sector involvement are critical steps in the next 100 days. 4. Adaptation: Often overshadowed by mitigation, adaptation is crucial as climate impacts worsen. COP29 is a chance to prioritize adaptation strategies and secure necessary resources, especially for the most vulnerable countries. COP29 President-Designate Mukhtar Babayev has emphasized the need for “all hands on deck” to enhance ambition and enable action. #COP29 #ClimateAction #ClimateChange #ParisAgreement #ClimateChangeAdaptation #LossAndDamage #ClimateFinance

Most countries are in attendance at COP28, but climate change continues to have an uneven impact across the globe. Damien Quentin discusses how organizations can foster trust by adopting equitable asset investment planning strategies. https://lnkd.in/e2vZ5rKZ #COP28 #ESG #AssetInvestmentPlanning #AIP #EnergyTransition #EnvironmentalJustice