At COP29, UNEP FI will mobilize its extensive network of over 500 banks, insurers, and investors to emphasize the essential role of finance in climate action. A comprehensive programme of discussions and events, including key sessions on climate finance, will showcase major initiatives and commitments from financial institutions. Our focus will be on accelerating the implementation of the Paris Agreement, aligning financial portfolios with net-zero targets, and promoting innovative financial instruments for climate resilience. By facilitating high-level participation and collaborative efforts, UNEP FI aims to enhance the finance sector’s contribution to global climate goals, supporting the transition to a sustainable, resilient, and inclusive economy.
COP29 will focus on shaping the future of climate finance. Key discussions will include innovative public finance mechanisms, advancing global carbon markets, and reviewing the Loss and Damage fund. As plans develop, UNEP FI will make updates via this webpage. We encourage our members to keep us informed of your attendance plans here.
Key Events at COP29
13 – 14 November | Sustainable Innovation Forum 2024
Time: 09:00 – 18:00 (GMT+4)
Location: Baku Marriott Hotel Boulevard, Azerbaijan
Accreditation: Accreditation not required.
Over a year since UN Secretary General Antonio Guterres announced the era of global boiling had arrived and with the possibility of limiting global warming to 1.5°C above pre-industrial levels fast slipping through our grasps, the need for collaboration across geographies, policies and industries has never been more urgent.
The Sustainable Innovation Forum 2024 will meet in Baku this year and bring together leaders from across government, science, business, finance and civil society to address our the greatest collective challenge. Join our mission-led summit at COP29 and hear first hand the strategies, vision and leading examples from climate leaders.
Find out more and register here.
14 November | Financing the transition of the real estate sector towards net-zero
Time: 12:30 -14:00 AZT (GMT+4)
Location: COP29 Buildings and Cooling Pavilion, Blue Zone, pavilion ICC – International Code Council, Number G10
Accreditation: Blue Zone accreditation required. UNEP FI cannot provide accreditation.
This event will explore essential strategies for financing the real estate sector’s transition to net zero. It will address key barriers to financing the transition to net-zero emission buildings, both old and new, and offer recommendations for overcoming these obstacles from speakers and panellists representing leading financial and other institutions including: UNEP, BBVA, Deutsche Bank, EIB, First Abu Dhabi Bank, the Net-Zero Banking Alliance, and 2150.
14 November | Regional Pathways: Financing the Global Energy Transition
Time: 18:00 – 19:00 AZT (GMT+4)
Location: COP29 Green Zone, Baku Stadium, Baku, Azerbaijan
Accreditation: Green Zone accreditation required. UNEP FI cannot provide accreditation.
Representatives of Net-Zero Banking Alliance (NZBA) member banks come together for a panel discussion on the enduring challenges and growing opportunities of financing the global energy transition. They will share their insights on key regions and markets, and reveal how government, business, and finance can work together to accelerate progress. The event will feature representatives of NZBA member banks from Africa and Middle East, Asia-Pacific, Europe, Latin America and Caribbean, and North America, including from BBVA, First Abu Dhabi Bank, MUFG.
18 November | Climate Adaptation Innovation & Learning (CAIL) public invitational event
Time: 13:15 – 14:45 AZT (GMT+4)
Location: GEF Pavilion
Accreditation: Blue Zone accreditation required. UNEP FI cannot provide accreditation.
More details to follow
About COP29
The Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC) is the primary governing body responsible for advancing global climate action through strategic decisions at its periodic meetings. COP29 will be held from November 11 to November 22, 2024, in Baku, Azerbaijan. This conference will focus on accelerating the implementation of the Paris Agreement, enhancing Nationally Determined Contributions (NDCs), and mobilizing finance for climate mitigation and adaptation. Participants will include government representatives, policymakers, and stakeholders who will discuss measures to mitigate climate change, mobilize financial resources, enhance capacity-building, and ensure the sustainable use of resources. Key themes will include decarbonization, climate adaptation, and the fair and equitable sharing of benefits from climate action.