NCQG, NDCs, UNFCCC, what does it all mean? As the COP29 Azerbaijan global climate summit kicks off, we've got you covered with our Cop glossary. #cop29 #climatecrisis #greenertogether
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Understanding climate jargon: What exactly is methane and what does it do? What is 'net zero'? What's the Kyoto Protocol? As the UN climate summit, COP29 kicks off in Baku today, we will be seeing a lot of climate change-oriented language and jargon take over our feeds for the next few days. Here's an excellent guide to get acquainted with some technical terms ASAP. #COP29
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We’re pleased to see progress at COP29 with the finalisation of the rules for international carbon markets under Article 6.4 of the Paris Agreement. This breakthrough allows countries to trade carbon credits. A positive step forward in our collective efforts to tackle climate change. https://lnkd.in/eVkrHByJ #COP29 #ClimateAction #CarbonMarkets #ParisAgreement
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Yesterday the #BonnClimateConference ended on terms that reflect well on this year's progress in the international spheres of #climateaction.🌏 It sets an interesting path to #COP29, which includes an anticipated focus on the Nationally Determined Contributions (#NDCs), an enhanced planning of financial support through the New Collective Quantified Goal on Climate Finance, and forward-looking planning on adaptation practices. Other positive aspects of the conference are that countries are required to prepare materials before #COP29 starts and stronger cooperation is gradually more emphasized, both of which make the discussions at the conference in November much more efficient.🌱 Check out more detailed information on the Bonn updates at https://lnkd.in/d6YQAAwx
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COP29 discussions and negations have ended. Are you interested to know the key outcomes for COP29? Developed nations have agreed to help channel “at least” $300bn a year into developing countries by 2035 to support their efforts to deal with climate change. check the details on https://lnkd.in/ezF56qtP
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🌍 COP29 is over and it has delivered critical progress in carbon market frameworks, transitioning Kyoto mechanisms, and $300B climate finance pledge. While challenges remain, these milestones set the stage for transformative climate action. 👉 Read our full analysis here: https://lnkd.in/gYS7tYaU #COP29 #SustainableFutures #ClimateAction #Time4Action #netzero #CarbonMarkets
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$300bn climate finance commitment from developed countries at #COP29 is an important advance but falls far short say Amar Bhattacharya, Vera Songwe and Nicholas Stern. In their joint statement the Co-Chairs of the Independent High-Level Expert Group on Climate Finance call for a ramping up of support from all sources to assist developing countries in making stronger pledges for action in the national determined contributions that are due to be submitted ahead of COP30. https://lnkd.in/e8acJweT
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Good news on Day 1: #COP29 approves the creation on standards for #carboncredits under article 6.4 of the #ParisAgreement. “Parties reach consensus on standards for the creation of carbon credits under Article 6.4 of the Paris Agreement, in sign of early momentum. COP29 President opens summit with plan to enhance ambition and enable action. COP29 will “test our commitment to the multilateral climate system” upon end of the first decade after the Paris Agreement. COP29 top negotiating priority is a new climate finance goal. Realistic goal for what the public sector can directly provide and mobilise seems to be in the “hundreds of billions”.” #leadonclimate
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#COP29 in Baku concluded with a climate finance commitment of $300 billion per year by 2035—a figure starkly insufficient against the trillions needed annually for effective climate action. Linda Schneider explains what happened and why the outcomes won't advance #ClimateJustice.
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COP29: Key outcomes agreed at the UN climate talks in Baku Developed nations have agreed to help channel “at least” USD 300 bln a year into developing countries by 2035 to support their efforts to deal with climate change.
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Hello, Climate Fellows! Did you know that COP29 concluded with transformative climate finance commitments? Nearly 200 nations have agreed to reshape global climate funding to support developing countries in combating climate change and boosting resilience. These landmark agreements under the New Collective Quantified Goal on Climate Finance (NCQG). Building on achievements from COP27’s Loss and Damage Fund and COP28’s energy transition agreements, COP29 also finalized the Paris Agreement Crediting Mechanism. This allows international carbon trading to fully operate, driving climate action forward. Swipe through to explore how these breakthroughs can shape a sustainable and resilient future! #COP29 #ClimateFinance #GlobalGoals #ParisAgreement #ClimateAction #SustainableDevelopment #CCSFUI
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