From Bonn to Baku: Finding success in a geopolitically challenged year for climate action

The briefing outlines key priorities for COP29, including climate finance, methane abatement, and technology partnerships, while warning that the cancellation of 2024 regional climate weeks necessitates increased climate action outside the formal UNFCCC process.

• COP29's primary priority is reaching a new collective quantified goal for international climate finance to address a global financing gap estimated between $4.5 to $10 trillion dollars per year. Emerging and developing economies (EMDEs) are particularly strained, requiring clean energy investment to increase by double to quadruple current levels, excluding adaptation and development goals.
• The document identifies several critical technical and sectoral priorities for COP29: supporting the Global Methane Pledge with additional finance and policies to address leaks and flaring (particularly in Central Asia), expanding international standards for oil and gas emissions monitoring, and phasing out inefficient fossil fuel subsidies.
• International collaboration is deemed essential for the diffusion of decarbonizing technologies, with a need to leverage existing pledges on nuclear energy and carbon management while accelerating the development of fusion energy and superhot rock geothermal. Additionally, strengthening supply chains for critical minerals is highlighted as a key consideration.
• The cancellation of 2024 regional climate weeks due to resource constraints is viewed as a significant risk to producing durable and equitable solutions, as these forums empower sidelined countries and address region-specific pathways to net-zero.

APA

Yellen, D. (2024). From Bonn to Baku: Finding success in a geopolitically challenged year for climate action. Clean Air Task Force. https://www.catf.us/2024/06/from-bonn-baku-finding-success-geopolitically-challenged-year-climate-action/

Chicago

Yellen, David. From Bonn to Baku: Finding success in a geopolitically challenged year for climate action. Clean Air Task Force, 2024. https://www.catf.us/2024/06/from-bonn-baku-finding-success-geopolitically-challenged-year-climate-action/.

Wikipedia

{{cite report |last1=Yellen |first1=David |title=From Bonn to Baku: Finding success in a geopolitically challenged year for climate action |publisher=Clean Air Task Force |date=13 June 2024 |url=https://www.catf.us/2024/06/from-bonn-baku-finding-success-geopolitically-challenged-year-climate-action/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{yellen2024from, author = {Yellen, David}, title = {{From Bonn to Baku: Finding success in a geopolitically challenged year for climate action}}, institution = {Clean Air Task Force}, year = {2024}, month = jun, url = {https://www.catf.us/2024/06/from-bonn-baku-finding-success-geopolitically-challenged-year-climate-action/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }