COP29 Dispatch - November 19, 2024

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HIGHLIGHTS FROM NEGOTIATIONS IN THE PAST 24 HOURS

Top line:?Ministerial level consultations on finance, carbon markets, mitigation, adaptation, and global stocktake continued November 19, in addition to technical negotiations on a limited number of issues.?

It is anticipated that the COP29 Presidency will convene a plenary on November 20 to take stock and receive reports from Ministerial consultations, and to set out the next steps, including in relation to when new iterations of text on open issues will be published.??

1. Ministerial closed-door consultations continued on the following issues:?

• the?New Collective Quantified Goal (NCQG)?on climate finance, led by Ministers from Egypt and Australia??
• Article 6,?which sets the rules for the operation of carbon markets and non-market ‘cooperative approaches’ under the Paris Agreement, led by Ministers from Singapore and New Zealand??
• mitigation,?led by Ministers from Norway and South Africa?
• the?global goal on adaptation (GGA),?led by Ministers from Ireland and Costa Rica??
• the?global stocktake,?led by the COP29 Presidency?
• balance and ambition of the overall COP29 outcome,?led by Brazil and the United Kingdom.

2.?Parties also continued discussions at the?technical level?on the following issues:?

• NCQG:?Closed-door discussions reportedly concluded on issues including access, transparency, dis-enablers, and other issues of the NCQG.?

• gender and climate:?Closed-door discussions continued late November 19, reportedly based on new draft text that is not yet publicly available. The main issues of contention continue to be whether to add language to the existing enhanced Lima Work Programme related to diversity, and whether and how to address finance.?

• United Arab Emirates Dialogue?on implementing the global stocktake outcomes: Based on?new draft decision text, the co-facilitators will receive feedback focused on compromise options and bridging proposals until 17:00 AZT on November 20.?

• report on the annual global stocktake dialogue:?A?draft decision text?was published with a placeholder for possible messages and substantive elements and set out options for timing. The first annual GST dialogue, which aims “to facilitate the sharing of lessons learned on how the GST outcomes are informing the preparation of Parties’ next NDCs,” took place in June 2024.??

• global stocktake process:?Parties made no significant progress on refining the global stocktake on the basis of the?informal note. Co-facilitators encouraged Parties to engage one another informally and would work hard to publish an updated draft text.? ?

• features of nationally determined contributions (NDCs):?There was little appetite to resolve a discussion that might substantively address NDC features after Parties reacted to a?compilation of Parties’ views. Co-facilitators will issue a draft decision text reflecting all options for discussion for November 20. Parties diverged on ways forward as well as whether and how the compilation might be referenced by the decision.?
• Mitigation work programme:?Parties discussed views on the way forward for the Sharm el-Sheikh mitigation work programme, which failed to reach consensus at the end of the first week of the COP. Parties still diverge on key issues, including the scope of future work and whether the decision should reference linkages to the global stocktake outcome. The co-facilitators will present views to the Presidency and inform Parties of next steps the morning of November 20.??

HIGHLIGHTS FROM OUTSIDE THE NEGOTIATIONS?

1.?C2ES?Vice President for International Strategies Kaveh Guilanpour underscored the need to align action and implementation under the Paris Agreement with the 1.5 degrees C limit at a?side event?November 19.?

2. In the?G20 Leaders’ Declaration, released November 18, leaders reaffirmed the outcome from COP28, in particular the UAE Consensus and the first global stocktake, pledged support to the COP29 Presidency, and looked forward to successful result of the NCQG.??

3. Australia and New Zealand announced new pledges to the?Fund for Responding to Loss and Damage (FRLD), joining Belgium (Wallonia), Iceland, Spain, and Sweden in giving?new pledges to the FRLD?at COP29.??

4.?Germany?and the?Maldives?submitted their first?Biennial Transparency Reports?(BTRs), meaning that a total of 11 countries have submitted transparency reports under the Paris Agreement. All countries—except small islands and least developed countries—are required to submit BTRs before December 31, 2024.??

5. A?high level ministerial dialogue on the urgent need to scale up adaptation finance?emphasized the need to expand the donor base for adaptation finance, bolstering private-sector engagement, grant-based finance, and innovation.??

6. The COP29 Presidency and the Food and Agriculture Organization (FAO) launched the?Baku Harmoniya Climate Initiative for Farmers, which aims to unify global efforts in agriculture, food security, and water resources, providing farmers with vital knowledge, tools, and partnerships to enhance climate resilience.?

7. The Presidency launched the?COP29 Declaration on Reducing Methane from Organic Waste, which intends to stimulate 1.5-aligned national climate policies addressing methane emissions from organic waste and food systems.?

ANTICIPATED ANNOUNCEMENTS AND UPCOMING EVENTS?

8. The COP29 Presidency will hold a plenary to take stock of progress and outline next steps across open issues.??

9. The Heads of State or Government who did not deliver a national statement during the first part of the High-Level Segment (HLS), which was held during the?World Leaders Climate Action Summit (WLCAS), will continue to provide statements at the?resumed High-Level Segment?(HLS) on November 20.?Representatives of groups will also provide statements.?

10. The COP29 Presidency is expected to announce two pledges: the COP29 Declaration on Multisectoral Action Pathways for Resilient and Healthy Cities, and the COP29 Declaration on Enhanced Tourism on November 20. It will be the first time that a COP features a thematic day on tourism.?

Contact Us

C2ES President Nat Keohane and Vice President for International Strategies Kaveh Guilanpour are available for media comment and interviews. To arrange an interview contact: Nora Zacharski, [email protected],+1-612-246-9868.