CPI at COP29
Climate Policy Initiative experts will host and present at several events during COP29 in Baku, Azerbaijan.
All times below are in Azerbaijan Standard Time
Green Guarantee Group – Unlocking private capital at scale for the green transition in EMDE
November 13; 16.30 – 18.00
German Pavilion
There is an urgent need to secure additional, predictable, and adequate financial resources at scale to support the green transition, particularly in emerging markets and developing economies. A large part of existing liquidity in global financial markets could and should be made available to support the green transition. In this context, guarantees are an important, yet underused tool for mobilizing private capital for green investments. The landscape of guarantee instruments and involved actors is fragmented and their role in financing the green transition is still marginal. This is where the Green Guarantee Group (GGG) comes in.
The GGG seeks to address existing gaps in current climate investment flows by focusing on the potential of guarantees. The Group aims to create a more comprehensive understanding of the existing types of mechanisms and how to better leverage them. The GGG recognized that amongst other barriers coordination and standardization are two important factors. This is why the event will gather experts to dive deeper into the potential of aligning forces, while focusing on addressing the challenges and opportunities associated with mobilising finance for the green transition in EMDE.
CPI’s Global Managing Director, Barbara Buchner, will moderate this event, which will present the GGG, exchange on the state of play of guarantees with a particular focus on coordination and standardization aspects, and to discuss the ambition and priorities of the Green Guarantee Group with key stakeholders.
Global Climate Finance Framework
November 14; 11.00 – 11.45
UAE Pavilion
CPI’s Global Managing Director, Barbara Buchner, will speak at this event organized by the COP28 team.
Climate Finance for Fast Action on Methane Reduction and Just Transition in the Waste Sector
November 14; 11.30 – 13.00
Side Event Room 9
Efforts to increase climate finance and reduce methane emissions in the waste sector must be aligned with environmental justice principles. This event will present the latest research findings on this topic, along with best practices on methane reduction with local communities and city officials.
CPI Senior Analyst, Berliana Yusuf, will speak at this event.
Event organizers: Global Methane Hub, Government of Brazil, Climate Policy Initiative, GAIA (Global), International Alliance of WastePickers, Instituto POLIS (Brazil), YPBB (Indonesia), Zero Waste Cities Network (Philippines).
The Role of the Insurance Industry in Unlocking Capital
November 14; 16.00 – 17.30
Special Event Room 2 – Mugham
This Marrakech Partnership Implementation Lab will explore a plan for delivery of an Enabling Insurance Breakthrough (EIB) to mobilize insurance, industry and finance in order to catalyse a paradigm shift needed to derisk & help accelerate the implementation of the 2030 Climate Solutions.
CPI’s Global Managing Director, Barbara Buchner, will speak at this event. CPI is a co-organizer along with Insurance Development Forum (IDF), World Business Council for Sustainable Development (WBCSD), Howden Group, Ambition Loop, Climate Bonds Initiative, RMI & Imperial College.
Rowing In the Same Direction: How Can Country Platforms Drive Policy Coherence for Climate and Nature?
November 14; 18.30 – 20.00
Side Event Room 7
The event will provide insights from the perspectives of representative decision-makers and Global Environment Facility (GEF) programs on initiatives to promote policy coherence, particularly through country platforms, to help close the climate and nature financing gap. Country representatives and practitioners will share their experiences and lessons learned and explore ways to expand and replicate positive outcomes in the future and inform current and future programming efforts of the GEF.
CPI’s Global Managing Director, Barbara Buchner, will moderate this event.
The benefits of restoration: aligning public and private strategies for job and income generation and fulfilling the Paris Agreement
November 16; time to be confirmed
Hub Amazônia
The restoration of native vegetation is crucial for Brazil to maintain its ecosystem and socioeconomic services while contributing to climate change mitigation and adaptation, as well as fulfilling goals set in international treaties such as the Paris Agreement and the Kunming-Montreal Agreement, and in national policies like the National Plan for the Recovery of Native Vegetation and the Native Vegetation Protection Law. This panel will discuss the public policies and financial incentives needed to achieve the commitment to restore 12 million hectares of native vegetation and create over 2.5 million jobs by 2030, as well as the engagement of civil society and the private sector in this agenda, which is essential for it to become a lever for socioeconomic development and environmental conservation. Additionally, new data from the Restoration and Reforestation Observatory will be presented, showing the progress made by the sector in the last three years.
CPI’s Executive Director, Juliano Assunção, will speak at this event. CPI is a co-organizer along with Brazilian Coalition on Climate, Forests and Agriculture, Arapyaú Institute, Amazon Environmental Research Institute (IPAM), International Institute for Sustainability (IIS), The Nature Conservancy Brasil (TNC Brasil), Conservation International Brasil (CI Brasil), Agroicone, World Resource Institute Brasil (WRI Brasil), WWF Brasil.
Supporting climate risk management practices: how financial institutions go beyond disclosure
November 19; 16.00 – 17.30
IDFC Pavilion / Virtual
Financial institutions are significant drivers towards resilience against climate impacts through the integration of climate-related risks into their frameworks and strategies. This event intends to highlight recent findings on climate risk management relevant to financial institutions and have them share their experience on how they can work together for better climate risk management, and on how they can develop financial instruments that adapt to the risks their counterparties might be facing. This will help them better contribute to addressing global climate risks, target their assistance to increase resilience in local economies, going further beyond risk disclosure.
CPI Analyst, Jaspreet Kaur, will speak at this event virtually.
