ESG Insider: The 5 key topics in the spotlight at COP16 and COP29

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The fall season of major global sustainability events is in full swing: Following Climate Week NYC in September, stakeholders from around the world will convene for major UN biodiversity and climate conferences over the next several weeks.

On Oct. 21, representatives from governments, business and the scientific community will gather in Cali, Colombia, for the UN's biodiversity conference, COP16, to discuss how to implement the Global Biodiversity Framework agreed upon in 2022 and how to close the financing gap for nature. And in November, countries will convene for the annual UN climate conference, COP29, in Baku, Azerbaijan.

We’ve outlined five big ideas we expect to carry through from discussions at Climate Week NYC to COP16 and COP29, including the need to rapidly scale climate and clean energy finance; the importance of linking climate and biodiversity strategies; and the role of AI in combatting climate change.

In this week's ESG Insider podcast, we talk with the Chief Science Officer at the newly launched S&P Global Climate Center of Excellence about how climate scientists and business leaders are collaborating with governments and communities to find solutions to climate change, the energy transition and nature loss.

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Chart of the Week

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5 big Climate Week NYC ideas we expect to see at COP16 and COP29

Climate Week NYC set the scene for many of the discussions that will take place throughout a busy fall season of sustainability events. Here are the five big ideas we’re watching.?

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Consultation raises integrity issues in China's proposed afforestation carbon projects

Results from a government consultation process in China suggested that afforestation projects proposed under China's domestic voluntary emission trading scheme have a range of integrity issues, S&P Global Commodity Insights reports.

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Aviation, maritime demand to fuel global biofuel feedstock race by 2030

The International Energy Agency is projecting that global biofuel demand will shift toward the aviation and maritime sectors by 2030, with increased competition for feedstock waste oils expected to drive up prices, S&P Global Commodity Insights reports.

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Florida State Finances And Insurance Mechanisms Help Absorb The Blow Of Another Major Storm?

S&P Global Ratings continues monitoring developments during and in the immediate aftermath of Hurricane Milton and believes Florida has bolstered reserves and liquidity in part in preparation for these extreme events.

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Podcast

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ESG Insider Podcast

Breaking down barriers to find climate solutions In this episode of the ESG Insider podcast, we speak with two climate scientists, asset manager Schroders and telecommunications giant AT&T about how their organizations are working to communicate across disciplines and build partnerships. >>Listen on Spotify,?Apple Podcasts?or YouTube Music

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Upcoming Events

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COP16

United Nations Environment Programme, Oct. 21-Nov. 1 Cali, Colombia

Seize Your Transition Opportunity at COP16

S&P Global Sustainable1, Oct. 24 Cali, Colombia

Responsible Investor Asia 2024

PEI Group, Oct. 29-30, Singapore

COP29

United Nations, Nov. 11-22 Baku, Azerbaijan

This material is also available on our public website, https://www.spglobal.com/esg/.