The featured Outlook report provides insights into expectations for the upcoming climate conference in Baku, Azerbaijan. Key points include:
• Focus areas include climate finance, especially the push for $1 trillion in annual funding post-2025 for climate adaptation and mitigation in developing nations.
• Article 6 carbon market frameworks face challenges, with an emphasis on advancing transparency and integrity.
• Implementation of Nationally Determined Contributions (NDCs) is under scrutiny, as only 48% of parties have embedded targets in legislation.
For a comprehensive analysis of COP29’s potential impacts, download the full report.