“COP28 agreed on the need for reaching net zero by 2050, & COP29 will help fill in the details for how that’s going to be achieved in the energy sector”
At the COP28 climate conference last December, nearly 200 countries agreed on ambitious global energy goals – pledging to achieve net zero emissions in the energy sector by 2050, transition away from fossil fuels, triple renewable energy capacity by 2030, double the rate of energy efficiency improvements, and accelerate the deployment of other low-emissions technologies. The COP29 Presidency and International Energy Agency (IEA) are convening the third in a series of high-level energy transition dialogues ahead of the COP29 climate summit in Baku, Azerbaijan, in November. The dialogues – co-chaired by IEA Executive Director Fatih Birol and COP29 President-Designate Mukhtar Babayev, and held in close partnership with the United Nations Framework Convention on Climate Change (UNFCCC) Secretariat – aim to continue building international consensus around pathways to drive energy sector emissions to net zero and limit global warming to 1.5 °C. They are a continuation of the successful series co-chaired last year by the IEA and the United Arab Emirates’ COP28 Presidency.
The third dialogue focused on COP29 will be hosted by the European Union during the UN General Assembly in New York City. It will focus on actions countries can take to swiftly translate the energy commitments they made at COP28 into concrete policies, including through their next round of Nationally Determined Contributions (NDCs) under the Paris Agreement. It will also explore further opportunities ahead of COP29 for international collaboration in order to close remaining gaps in ambition and implementation.
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