UN Climate Change Conference 2024 in Baku
The International Climate Initiative at COP29 in Azerbaijan
Since the adoption of the Paris Agreement on climate change, limiting global warming to well below two degrees, and ideally to 1.5 degrees, has been a key objective of international efforts.
Progress is already being made around the world: The development of wind and solar energy is progressing in many countries, more and more cities are focusing on sustainable mobility, and many companies are investing in sustainable technologies such as green hydrogen. However, the global community is not yet on track to meet its climate targets. Extreme weather events, such as heat waves and hurricanes, whose frequency and intensity are influenced by progressive climate change, were also observed last year and continue to increase.
Tackling the climate crisis is therefore a top priority for the German government. At the 29th World Climate Conference, the COP29 in Azerbaijan, it will work to advance international climate protection through ambitious agreements.
COP29 will take place in Baku from 11 to 22 November - and the International Climate Initiative (IKI) will once again be present at the conference with a wide range of topics and formats.
The COP29
Financing climate action
A new climate finance target is to be agreed at this year's COP. The USD 100 billion per year that developed countries have pledged for the period 2020-2025 is not enough to finance the global transformation and sufficient resilience. The funding required is in the trillions of dollars, which of course cannot be raised through traditional public climate finance. A completely different climate finance target is therefore needed, both quantitatively and qualitatively, that is 'fit for purpose' and in line with current economic and international developments.
Mitigating greenhouse gases in industry
The industrial sector, particularly steel, cement and chemicals, accounts for about a quarter of global CO2 emissions from the energy system. Industrial processes continue to expand and capacities increase, particularly in the Global South. It is therefore crucial to find solutions at the global level to minimise emissions from this growth.
COP29 kicks off in Baku
"Team Germany" will be represented at COP29 by several Federal Ministers. The ministries' joint press release on the start of COP29 can be found here.
Voices from the ‘IKI Ministries’ at the start of the conference:
[Translate to English:] Überblick: Events mit IKI-Bezug auf der COP29
[Translate to English:]
Mit diesem Kalender geben wir einen Überblick über IKI-Side-Events, die zur COP29 stattfinden. Der Kalender wird ständig erweitert, es wird kein Anspruch auf Vollständigkeit erhoben. Die Organisatoren sind für die bereitgestellten Informationen verantwortlich.
Overview: IKI events at the COP29
This calendar provides an overview of IKI side events taking place at COP29. The calendar is constantly being expanded, there is no claim to completeness. The organisers are responsible for the information provided.
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Thursday 14 November 2024
De-risking Mechanisms for Energy Investment in Displacement Settings
It will highlight renewable energy’s impact on emissions and resilience, and focus on financial de-risking mechanisms in displacement settings.
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Thursday 14 November 2024
Decarbonizing Global Trade: Pathways to Sustainable Supply Chains and Climate-Resilient Economies
This session will discuss the EU’s Carbon Border Adjustment Mechanism, the Trans-Caspian route and global trade policies for decarbonisation.
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Thursday 14 November 2024
Transparent Monitoring: Driving Accountability and Equity by Leveraging Local Data
Transparent monitoring is key for accountability and equity in combating climate change, deforestation and land degradation.
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Thursday 14 November 2024
Innovative Research and Engagement Strategies for a Just Transition in the Global South
Innovative Research and Engagement Strategies for a Just Transition in the Global South
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Friday 15 November 2024
Peace and Security in a Changing Climate: From Analysis to Action
The Climate Security Mechanism and the Group of Friends on Climate and Security are convening a COP29 side event on climate, peace and security.
[Translate to English:] IKI-Förderung
IKI funding
Publications
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11/ 2023 | IKI Factsheet
IKI Medium Grants - a small stimulus with a big impact
English (PDF, 328 KB, barrier-free)
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