CCAP

Delegates gathered in Baku, Azerbaijan, for this year’s UN Climate Talks amid one of the hottest years on record, as global temperatures surpassed the critical 1.5°C warming threshold. #COP29 saw slow and incremental progress over its two-week duration, hindered by socioeconomic and political challenges. The Conference, billed as the Finance COP, extended into the weekend, with Parties under pressure to reach an agreement on the New Collective Quantified Goal (NCQG)—a new financial target designed to support developing countries in their climate efforts. Developing nations, seeking to bridge the vast climate finance gap, called for a deal in the trillions, not billions. Ultimately, the NCQG, which was announced Sunday, faced criticism for its lack of ambition and clarity. While the target was tripled from $100 billion to $300 billion annually, it still falls well short of addressing the $1.3 trillion funding gap. Developing nations raised concerns about insufficient funding commitments, ongoing debt crises and the continued reliance on loans rather than grants. ?? As attention turns to next year’s crucial climate talks in Brazil, we highlight the key outcomes of #COP29 in relation to #carbonmarkets, #climatefinance and #methanemitigation. ?? Read the Good, Bad and Ugly outcomes from #COP29 ? https://bit.ly/COP29OGBU24

??Register now for our upcoming #webinar on climate #finance transparency! ICAT has launced a new guide that supports developing countries to collect and report data on climate finance needs and flows. The webinar will present the guide and explain how governments can use it to direct funds and attract investments for impactful climate action. Register now: https://lnkd.in/ePnHXbBw

As #COP29 draws to a close today, and negotiators work towards finalizing discussions in Baku, #CCAP Climate Finance Director Sebastian Lema shares his reflections on the UN Climate Talks before heading back to Colombia! ?? Transparency is essential ?? to unlocking the additional funds needed to help countries achieve their Sustainable Development Goals and address the worst impacts of climate change. Sebastian emphasizes: “Securing additional funds requires a climate finance tracking system or a transparency framework within recipient countries. A crucial starting point for this is implementing the Guide we launched earlier this week.” ?? The Climate Finance Transparency Guide, developed with the Initiative for Climate Action Transparency (ICAT), is available for download here: https://lnkd.in/eahiKmqA ?? ?? Check out more key takeaways from Sebastian at #COP29 below! ?

Transparency is the foundation of the Paris Agreement, and enhancing the transparency of both public and private finance is essential for achieving global climate goals. ???? As negotiations continue late into the night at the Finance COP, Parties are working toward finalizing the New Collective Quantified Goal (NCQG) on climate finance, which requires trillions of dollars in funding for climate projects. In the midst of these critical discussions in Baku, we’re excited to announce the launch of the Climate Finance Transparency Guide—a product of two years of collaboration with the Initiative for Climate Action Transparency (ICAT)! ?? ?????? Download the Guide here ? https://lnkd.in/eahiKmqA At our #COP29 launch event, we discussed how data can be leveraged to attract and manage funding for climate action. Representatives from C?te d'Ivoire, Senegal, Belize and Morocco shared their experiences in creating transparency frameworks to mobilize, track and allocate climate finance for maximum impact. As we approach December’s critical deadline to submit Biennial Transparency Reports (BTRs) to the #UNFCCC, Parties are working to strengthen their reporting capacities to improve transparency. This Guide is one of the most comprehensive resources to help countries kickstart their reporting efforts to the #UNFCCC, with a flexible, tailored approach for developing countries facing resource and capacity-building challenges. The Guide offers step-by-step methodological support for policymakers, helping them to create and implement national climate finance transparency frameworks. It focuses on collecting data on financial needs and flows while ensuring alignment with the Paris Agreement’s enhanced transparency framework. This evolving process will empower countries to strengthen future submissions, addressing the unique needs and characteristics of SIDS and LDCs. A heartfelt thank you to all the authors and collaborators who made this Guide possible, including Gauss International Consulting and the greenwerk., for their continued support. Special thanks to: Adriana Bazán Fuster Tsetsegbadam Purevsuren Joshua Joseph Pangelinan Sebastian Lema Samantha Youngeun Shin Maria Margarita Cabrera Botero Michel K?hler Lena Dovidat Henning Wuester Oleg Bulanyi Hannah Swee, PhD For more details, news and updates throughout #COP29, head to our Resource Hub ? https://www.ccap.org/cop29

?? Join us tomorrow in Baku for a key #COP29 event on Climate Finance Transparency! Transparency is crucial for empowering countries to manage resources effectively for climate change mitigation and adaptation, including estimating financial needs for climate actions and the associated impact towards national climate targets.?Moreover, transparency ensures clear reporting of climate finance flows, both domestically and internationally, fostering trust among nations and stakeholders. At this event, we'll explore how data can be harnessed to manage and attract funding for climate action. The event also marks the launch of the Climate Finance Transparency Guide that we developed with the Initiative for Climate Action Transparency (ICAT) to support developing countries in establishing and implementing national climate finance transparency frameworks. The event will also highlight country experiences in establishing transparency frameworks to mobilize, track and allocate climate finance for optimal impact. This event is co-hosted by CCAP, ICAT, C?te d'Ivoire and Senegal. It will also feature speakers from Belize, Morocco and Gauss International Consulting. ?? Nov. 20 | 7-8 p.m. (Baku Time) ?? Shirvan Special Event Room, Area B ?? https://bit.ly/CFTGEng Don't miss this opportunity to learn, share and collaborate on advancing climate finance transparency! For more details, news and updates throughout #COP29, head to our Resource Hub ? https://www.ccap.org/cop29

We are pleased to welcome Maria Paula Viscardo Sesma to #CCAP! She joins our #MethaneMitigation team as a Research Analyst. ?? María Paula is an Environmental Engineer with extensive experience in Latin America and the Caribbean (LAC). She has worked with national and local governments on key issues such as climate change, nature-based solutions, climate resilience, greenhouse gas (GHG) emissions inventories and the development of climate change mitigation and adaptation plans. ?? Learn more here! ? https://www.ccap.org/staff

Join us this week in Baku (November 20-21) and visit our Exhibit Booth to explore our latest projects. If you'd like to set up a meeting, reach out to our Climate Finance Director Sebastian Lema or Research Assistant Joshua Joseph Pangelinan through our #COP29 Resource Hub below. ? ?? COP29 Resource Hub: https://www.ccap.org/cop29 We’re also excited to co-host a key side event on "Transparency for Effectively Managing Climate Finance" with the Initiative for Climate Action Transparency (ICAT), C?te d’Ivoire and Senegal this Wednesday. We’ll dive into how data can drive #climatefinance management and attract more funding for #climateaction. This event marks the launch of the ICAT Climate Finance Transparency Guide, designed to help developing countries create and implement national climate finance transparency frameworks. ?? Nov. 20 | 7-8 p.m. (Baku Time) ?? Shirvan Special Event Room, Area B In addition, Joshua Joseph Pangelinan will be presenting at another important side event on "Building Resilience in Pacific Small Island Developing States: A Pathway to Climate Justice." Focused on #sustainable #agriculture, capacity building and ocean stewardship, this session will emphasize equity, inclusion and youth engagement as essential components of climate action in the Pacific. Island Innovation ?? Nov. 20 | 2-3 p.m. (Baku Time) ?? Moana Blue Pacific Pavilion For more details, news and updates throughout #COP29, head to our Resource Hub ? https://www.ccap.org/cop29

During the #COP29 Global Methane Pledge Ministerial, 8 Latin American countries made major announcements to include methane emissions reductions from the waste sector in their new Nationally Determined Contributions! ?? ?Brazil ?Colombia ?Costa Rica ?Guatemala ?México ?Panamá ?Perú ?Chile ?? We commend these countries for taking bold action to address methane emissions from the #waste sector, which is responsible for approximately 20% of global methane emissions, making it the third-largest contributor after agriculture and oil & gas. In Latin America, organic waste represents nearly 50% of the total waste stream and can generate significant methane when disposed of in landfills. It’s time to move from pledges to tangible actions. We need strong regulations, accessible financing and the widespread deployment of innovative technologies. At CCAP, we're proud to be supporting over 20 countries around the globe to accelerate the implementation of policies and projects that create enabling conditions for sustainable organic waste treatment technologies. ?? In addition, during the Ministerial, governments and philanthropic organizations announced nearly $500 million in new grant funding for methane abatement, bringing the total funding mobilized under the Pledge to over $2 billion. With 159 countries and the European Commission now participating in the GMP, the momentum continues to build! ?? Read more key takeaways from today’s Ministerial here ? https://lnkd.in/evz8asMf Explore our #COP29 Resource Hub to learn more about our work in #MethaneMitigation ? https://www.ccap.org/cop29

Brooks Shaffer, Methane Mitigation Program Manager at the Center for Clean Air Policy (CCAP), presented their work on waste management technologies and innovative financing opportunities during our webinar "Methane Mission: Investment in Municipal Waste Management Systems to Tackle the Climate and Plastic Crisis" ??? Brooks highlighted CCAP's strategic focus on enabling accelerated emissions reduction in the waste sector through three key pillars: ?? Public Policy: Developing strategies and integrating waste reduction targets into NDCs (Nationally Determined Contributions), while fostering incentives for sustainable business models. ?? Acceleration of project portfolios: Conducting feasibility and engineering studies to unlock high-impact waste sector projects. ?? Promote replication and South-South Learning: Sharing best practices globally through platforms like LEDs Lock, focusing on reducing emissions from organic waste. His presentation underscored the importance of innovation and collaboration to advance municipal waste management systems, support the Global Plastic Treaty, and tackle the climate crisis. ???? #MethaneMitigation #ClimateAction #WasteManagement #Sustainability #GlobalGoals #PlasticsLoop Clarisa Marambio Paula Guerra

With support from Environment and Climate Change Canada (ECCC), the #RecycleOrganics pilot home composting program has made significant strides in #Belize over the past few months, helping communities across the country manage organic waste more efficiently. With the crucial support from the Belize Solid Waste Management Authority (BSWaMA), to date, 200 compost bins and equipment have been distributed to families in various communities, where participants, together with program monitors, have been learning about the importance of reducing organic waste and the many co-benefits of home composting. The response has been overwhelmingly positive, with participants embracing their new composting systems and actively practicing waste separation. Key outcomes so far include: ?? Fostering a culture of composting and waste separation at the source ?? Beginning the production of nutrient-rich soil from their own organic waste ?? Teaching children, neighbors and extended family members about the benefits of composting ?? Improving home gardening efforts and maintaining cleaner yards by composting organic waste beyond food scraps Check out this recent story to learn more about our Program in the country!?? https://lnkd.in/dwGwap59