These are the 3 key issues to watch at the COP24 climate summit

The briefing outlines three key objectives for the COP24 summit: establishing the 'Paris Rulebook' for implementation guidelines, signaling a commitment to strengthen national climate plans (NDCs) by 2020, and ensuring sufficient climate finance for developing nations. It emphasizes the urgency created by the IPCC Special Report on 1.5°C and the potential for climate action to generate $26 trillion in economic benefits by 2030.

• The 'Paris Rulebook' is a critical set of guidelines required to implement the Paris Agreement. It must define how nations communicate climate plans, track and report efforts, assess progress, and scale up investment, while balancing a common approach with flexibility for developing countries with limited capacity.
• Countries are expected to use COP24 to signal that they will strengthen their national climate commitments, known as Nationally Determined Contributions (NDCs), by 2020. This process is informed by the IPCC report and the Talanoa Dialogue's collective stocktaking of progress.
• Securing climate finance is essential for developing and vulnerable countries to invest in solutions and adaptation. Key mechanisms include the Green Climate Fund (GCF), the Adaptation Fund, and the Least Developed Countries Fund, alongside the broader goal of mobilizing $100 billion annually by 2020.
• Climate action is presented as compatible with economic growth, with the 2018 New Climate Economy report suggesting it could produce $26 trillion in global economic benefits by 2030.
• Beyond formal negotiations, COP24 will feature a high-level declaration from the Polish government on a 'just transition' to ensure a fair low-carbon shift for workers and communities.

APA

Dagnet, J. T. D. W. Y. (2018). These are the 3 key issues to watch at the COP24 climate summit. World Economic Forum. https://www.weforum.org/stories/nature-and-biodiversity/3-issues-to-watch-at-the-cop24-climate-summit/

Chicago

Dagnet, Joe Thwaites, David Waskow, Yamide. These are the 3 key issues to watch at the COP24 climate summit. World Economic Forum, 2018. https://www.weforum.org/stories/nature-and-biodiversity/3-issues-to-watch-at-the-cop24-climate-summit/.

Wikipedia

{{cite report |last1=Dagnet |first1=Joe Thwaites, David Waskow, Yamide |title=These are the 3 key issues to watch at the COP24 climate summit |publisher=World Economic Forum |date=30 November 2018 |url=https://www.weforum.org/stories/nature-and-biodiversity/3-issues-to-watch-at-the-cop24-climate-summit/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{dagnet2018these, author = {Dagnet, Joe Thwaites, David Waskow, Yamide}, title = {{These are the 3 key issues to watch at the COP24 climate summit}}, institution = {World Economic Forum}, year = {2018}, month = nov, url = {https://www.weforum.org/stories/nature-and-biodiversity/3-issues-to-watch-at-the-cop24-climate-summit/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }