The COP29 Presidency has unveiled a series of initiatives aimed at accelerating global progress on climate action. As COP29 approaches, the Presidency seeks to supplement the formal negotiated agenda with a broader range of initiatives that address the world’s most pressing climate challenges.
The COP29 Action Agenda covers a wide range of priorities, including energy, finance, agriculture, cities, human development, and the climate-peace nexus. Many of these initiatives, such as the Baku Initiative on Climate Finance, Investment and Trade (BICFIT) and the Baku Initiative on Human Development for Climate Resilience, are designed to address cross-sectoral synergies.
The Presidency is also working to establish platforms, partnerships, and programs to enable action before, during, and after COP29. Finance is a central focus of the Action Agenda, with initiatives designed to deliver the means of implementation.
The COP29 Presidency has developed the Action Agenda in collaboration with partners around the world, including the UN Task Force for COP29, international organizations, national governments, and non-state actors.
Key initiatives include:
- Climate Finance Action Fund: A fund to catalyze public and private sector investment in climate action.
- Baku Initiative for Climate Finance, Investment and Trade: A platform to promote investment in green diversification and support policy development.
- COP29 Green Energy Zones and Corridors Pledge: A pledge to commit to green energy zones and corridors.
- COP29 Global Energy Storage and Grids Pledge: A pledge to increase global energy storage capacity.
- COP29 Hydrogen Declaration: A declaration to unlock the potential of a global market for clean hydrogen.
- COP Truce Appeal: An appeal for a COP Truce to highlight the importance of peace and climate action.
- COP29 Green Digital Action Declaration: A declaration to accelerate climate-positive digitalization.
- Baku Initiative on Human Development for Climate Resilience: An initiative to deliver various outcomes on human development.
- Baku Harmoniya Climate Initiative for Farmers: An aggregator to bring together initiatives, coalitions, and networks to share experiences and facilitate collaboration on agriculture.
- COP29 Declaration on Reducing Methane from Organic Waste: A declaration to work towards 1.5-aligned waste sector commitments.
- COP29 Multisectoral Actions Pathways (MAP) Declaration for Resilient and Healthy Cities: A declaration to enhance multisectoral cooperation to address climate challenges in cities.
The COP29 Presidency is calling on all climate stakeholders to sign up, speak up, and step up on climate action. By working together, we can achieve our climate goals and build a more sustainable future.
