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Image of conference microphones - COP29: What do you need to know?

COP29: What do you need to know?

  • Isobel Sizer
    Policy Associate
  • Lily Ginsberg-Keig
    Policy Manager
  • Cameron Andreini
    Policy Intern

  • The leading priorities of Azerbaijan's Presidency at COP29 are to agree on a New Collective Quantified Goal for Climate Finance and reach a decision on key outstanding processes for Article 6, allowing the mechanism to get underway.

  • An agreement on Article 6 at COP29 is vital for market momentum. The recent publication of new GHG removal standards by the Article 6 Supervisory Body signals positive progress, as is the ongoing international operationalisation of Article 6.2. 

  • BeZero Carbon is supporting the Article 6 market to scale by working closely with governments to embed the principle of project-specific, risk-based assessment into policy and guidance.

Contents

  • Azerbaijan’s Presidency has set out clear priorities for COP29

  • Bilateral trading under Article 6.2 has continued to grow since COP28

  • The Article 6.4 Supervisory Body has made significant progress in the build-up to COP

  • What are the key elements left to be negotiated at COP29?

  • We expect significant progress will be made at COP29

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