The 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change (UNFCCC) will be held in Baku, Azerbaijan, from the 11th to the 22nd of November 2024.

COP29 represents a key milestone on the path from COP28 in Dubai in 2023, where the historic agreement on transitioning away from fossil fuels before the end of this decade was reached, to COP30 in Belém, Brazil, where countries’ new national emission reduction targets and plans to 2035, the so-called NDCs (Nationally Determined Contributions) will be judged.

COP29 will be a crucial moment to follow up on the achievements reached by the international community last year in Dubai, particularly on the implementation of a just transition to fossil fuel phase out with a tripling of the installation of renewables and doubling of energy efficiency by 2030.

Climate finance will be a central theme in the technical negotiations this year. The 198 Parties will discuss the new climate finance goal to help developing countries tackle climate change, known as New Collective Quantified Goal, or NCQG. 2024 represents the deadline to agree on the new target, which will apply from 2025, replacing the previous goal of USD$100 billion a year. Parties negotiating at COP29 will have to deliver a new climate finance target that recognises the need for investment (the famous trillions). The new target will also have to identify which countries will contribute to it, particularly the specific contribution of the most developed countries. The negotiations offer an opportunity for Parties to target the wider financial architecture reforms and actions needed to mobilise finance for development, through multilateral development banks and private finance.

From a geopolitical point of view, COP29 will take place in a highly fragmented context, characterized by the beginning of the new European Commission’s term, led by Ursula von der Leyen, the U.S. elections results, the G20 Summit that will be held in Rio de Janeiro in the middle of COP29, and the various conflicts that plague both the global North and South. The Conference of the Parties may thus become one of the last international contexts in which multilateralism not only survives but also shows that effective cooperation is still possible through dialogue, listening and compromise.

GLOSSARY

Everything you need to know to understand climate negotiations and diplomacy

EVENTS

11:30-13:00 (GMT+4)

Italy Pavilion (Blue zone)

Shaping a new electrification action plan for Europe

Event organised by ECCO – the Italian climate change think tank

More information here

16:30-17:45 (GMT+4)

Global Renewable Hub (Blue zone)

Mediterranean Momentum: Accelerating Towards 1TW Renewable Energy by 2030

Event hosted by IRENA and the Global Renewables Alliance

More information here

14:30-15:30 (GMT+4)

Mediterranean Pavilion – F1B (Blue zone)

Watch the live streaming

Unlocking Climate Finance in the Mediterranean: Leveraging Guarantee Schemes, Development Banks, and Private Capital for Net Zero and Climate Resilience

Event organised by ECCO and EMEA

More information here

 

12:00-13:00 (GMT+4)

ICESCO Pavilion (Blue zone)

Towards a just and an inclusive energy transition in Islamic countries

Event organised by ICESCO, RCREEE and ECCO

12:30-14:00 (GMT+4)

Mediterranean Pavilion – F1B (Blue zone)

Watch the live streaming

Climate, Peace and Security nexus in the Mediterranean: Connecting the dots

Event organised by ECCO, CIHEAM and MedECC

More information here

16:30-17:30

ICESCO Pavilion (Blue zone)

Enhancing Multi-Stakeholder Collaboration for Advancing Emerging Energy Technology

Event organised by ICESCO, COMSATS, FACE and TUBITAK

More information here

11:00-12:00 (GMT+4)

Mediterranean Pavilion – F1B (Blue zone)

Watch the live streaming

Powering the Future: a Mediterranean initiative towards 1 TW Renewable Energy by 2030

Event organised by ECCO – the Italian climate change think tank

More information here

18:30-20:00 (GMT+4)

UNFCCC official Side Event 7

Ensuring NDC Success: Multi-stakeholder approaches to renewables integration

Event organised by RCREEE

14:30-15:30 (GMT+4)

Mediterranean Pavilion – F1B (Blue zone)

Watch the live streaming

Navigating Climate Challenges: A Collective Approach for the Mediterranean at COP29

Event organised by ECCO, Imal Initiative for Climate and Development and the MATTCCh Alliance

More information here

11:30-13:00 (GMT+4)

Italy Pavilion (Blue zone)

Sustainable Fashion: RAI promote the Italian way

Event organised by Direzione RAI per la sostenibilità ESG

BUONGIORNO COP

The daily newsletter from Baku, every morning starting from the 11th of November 

11 November 2024

ECCO’S DELEGATION AT COP29

Luca Bergamaschi
Co-Founding Director
Italian English German

Leggi in italiano
See Profile
Giulia Giordano
Director Mediterranean & Global Strategy
Italian English

Leggi in italiano
See Profile
Andrea Ghianda
Head of Communications
Italian English French

Leggi in italiano
See Profile
Alexandra Scott
Senior Associate Climate Diplomacy
See Profile
Federico Tassan-Viol
Senior Policy Advisor Diplomacy
Italian English French

Leggi in italiano
See Profile
Matteo Viola
Communications Assistant
Italian English French German

Leggi in italiano
See Profile
Giulia Signorelli
Researcher Decarbonisation
Italian English French Russian Spanish

Leggi in italiano
See Profile
Beatrice Moro
Senior Policy Advisor Sustainable Finance
Italian English French

Leggi in italiano
See Profile
Eleonora Cogo
Senior Associate International Finance
Italian English Spanish

Leggi in italiano
See Profile
Jauad El Kharraz
Senior Associate for the Mediterranean Programme
French Arabic Spanish English
See Profile

DALL’ITALIA

ECCO AT PAST CLIMATE CONFERENCES

In Baku, ECCO will take part in its fourth COP. Find out more about our work at past climate conferences