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<P style="MARGIN: 0px"><SPAN
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Climate Change – Global Climate Action</SPAN></P>
<P style="MARGIN: 0px"><SPAN
style="COLOR: rgb(255,255,255); FONT-SIZE: 20px; FONT-WEIGHT: bold">14
November
2024</SPAN></P></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
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<P style="MARGIN: 0px"><SPAN
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Champions'</SPAN></P>
<P style="MARGIN: 0px"><SPAN
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of the COP</SPAN></P>
<P style="MARGIN: 0px"><SPAN
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style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(69,129,142); FONT-SIZE: 32px">Accelerating
fair finance flows for climate
solutions</SPAN></P></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
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<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; FONT-SIZE: 16px; FONT-WEIGHT: bold">THURSDAY
14 NOVEMBER</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; FONT-SIZE: 16px; FONT-WEIGHT: bold"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; FONT-WEIGHT: bold">Welcome
to the Top of the COP daily newsletter</SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif">, brought
to you by the UN Climate Change High-Level
Champions. Every morning for the duration of COP
29, the Top of the COP will highlight action of
real-economy actors — businesses, investors,
cities and regions, Indigenous Peoples and youth —
accelerating progress towards 2030
goals.</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">Subscribe
</SPAN><A
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rel="noopener noreferrer" target=_blank>here
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style="FONT-FAMILY: Roboto, sans-serif">to receive
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style="FONT-FAMILY: Roboto, sans-serif; FONT-SIZE: 13px; FONT-WEIGHT: bold"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(69,129,142); FONT-SIZE: 16px; FONT-WEIGHT: bold">Driving
the day</SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif; FONT-SIZE: 16px; FONT-WEIGHT: bold">
</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><BR></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; FONT-WEIGHT: bold">Accelerating
finance for climate solutions: </SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif">COP 29
gets underway with private finance leaders
showcasing increases in commitments, action and
investments in climate solutions in 2024, and
calling for ambitious policy outcomes at COP 29 to
enable greater action. Private sector
representatives at COP 29 continue to call for a
high-ambition, actionable climate finance package,
including investable NDCs, that gives markets the
confidence to invest where it is needed
most.</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">Today,
</SPAN><A
style="FONT-STYLE: normal; FONT-FAMILY: Roboto, sans-serif; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0Qy_HoFuKOjiI6BnUZAOI8lx8hzawzUIm8FnQ-0jda24c71knc5KBjiO3yeSVc52aq31dBxlwENdogY7b_XC6fh7SakYShArKjU7W6-OX3PTgka4cE-wmuGMZRT5P6if8WceRKiqaUHbSyHXdDYUjFTZ99MisX3Q9qZNDo9rMyzvSIFUYVamB2VII0hFovafc7Cw-ivtQCYbM-Ew8-Fp5X1IWILwqmlERQ==&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer" target=_blank>updated
analysis </A><SPAN
style="FONT-FAMILY: Roboto, sans-serif">from the
Independent High Level Expert Group (IHLEG) on
Climate Finance outlines how a transition to
clean, zero carbon energy, building resilience to
the impacts of climate change, coping with loss
and damage, protecting nature and biodiversity,
and ensuring a just transition, requires a rapid
step-up in investment in all countries</SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif; FONT-WEIGHT: bold">.</SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif">
</SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(34,34,34)">It
recommends mobilising USD 1 trillion per year for
developing countries by 2030 and states the
</SPAN><SPAN style="COLOR: rgb(34,34,34)">large
and rapid scale-up of finance to support a big
investment push can only be achieved by harnessing
all pools of finance.</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><BR></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(69,129,142); FONT-SIZE: 16px; FONT-WEIGHT: bold">Private
finance is flowing </SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><BR></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">While more
is urgently needed, private finance continues to
show leadership, and the benefits of climate
aligned investment and action. The Race to Zero
campaign now includes more than 650 financial
institutions across all parts of the financial
system taking immediate action to halve global
emissions by 2030. Members of the Net-Zero Asset
Owner Alliance, a Partner of Race to Zero
redirected </SPAN><A
style="FONT-STYLE: normal; FONT-FAMILY: Roboto, sans-serif; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0dTRDtHfVYBbr3Th0S8cm5PHiFdM4RgyzQmXSMG_SNVTptywyvU6mafs2Cqxb87-5zTUz9oU89XyUairZ0__TrSntvAruByQ9T59nMXXoaABGqdt3XoD85hrOtZbVSRZGCy5OqncIzHzqZET9FsN1en0hgJbICNajtZ45HPDBdjp_-_mHvJKJg1SM44AM-kgbjQmhMEIGakdc7W5i9X07EGZlhAPyEqD8wVIDI7Ej19n0ytb9vHbMXIsutHOA8d-_1Hx0X06DDAqZJeFu8YqHYFwdTFYhb_Lm5gY-QNBLAv28-giFSmZnOc=&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer" target=_blank>USD 555
billion</A><SPAN
style="FONT-FAMILY: Roboto, sans-serif"> in
combined investments in climate solutions in 2023,
marking a quadrupling since 2020. These climate
solutions investments include corporate bonds,
real estate, listed equity, infrastructure and
private markets. </SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">More than
500 business and financial institutions are
advancing at least one of the actions of the
</SPAN><A
style="FONT-STYLE: normal; FONT-FAMILY: Roboto, sans-serif; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0b29ZquaZ5O-bU5pMrmTpyXmK65NXsUi5NVBuEVyL45m0Mx_w8T27j4A3qBspJNmwdjXpXcYise8lVYQRX0IbO5zQb6HA7ldaOiATWjP4qIRkRFU7vGrt2m7F6jF-O6dXJawODmrcPsFFpPnSeaS2M1eTAlNplLIqSFrh_FljNoBmTKOlJl8Xw0=&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer" target=_blank>Nature
Positive for Climate Action</A><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(17,85,204)">
</SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif">initiative,
including adoption of science-based targets, and
commitment to the Taskforce on Nature-related
Financial Disclosures </SPAN><A
style="FONT-STYLE: normal; FONT-FAMILY: Roboto, sans-serif; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0df5DgtWHV90uLfO7TCHpt6XXmIDe9jh-pGPgK3jYXmrqfbXXLTiwY4Ah4cN945753ehtxNwTTML8hEn1x2lg0GA74mPUI3wHg==&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer"
target=_blank>(TNFD)</A><SPAN
style="FONT-FAMILY: Roboto, sans-serif">,
representing a threefold increase since COP
28.</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">In its
third year, the Regional Platforms for Climate
Projects work, launched by the
High-Level Champions and the UN Regional
Economic Commissions, is now collaborating with 11
partners to mobilise climate investments in
developing countries. Together they are increasing
collaboration among policymakers, financiers,
project developers and technical assistance
providers. This year’s forums identified an
additional 19 investable projects in Latin America
and Europe reflecting investment opportunities to
advance regional needs and priorities. </SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">These
innovative investable projects include; a battery
factory in Serbia, a reforestation firm using
drones to build resilient ecosystems in French
Guiana and Brazil, biochar initiatives using food
waste to store carbon in the ground in different
countries, data-driven companies using AI to
mitigate climate risks and improve water use in
food systems in Latin America, and a biotech
company working to increase agricultural yields
and restore degraded soil across South America.
Collectively, these projects are seeking close to
USD 3 billion in investments. More details of the
projects can be found here: </SPAN><A
style="FONT-STYLE: normal; FONT-FAMILY: Roboto, sans-serif; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0Qy_HoFuKOji3a1WpI306sRlcPVdsc-rFnDRilNJFvTkIOrsywND4fWxlwmdMOfbvV7AzRN6fU40NCODleOgJ9YdWD7Xlt7y0MBFwEXWiTpJmtM579ETmbMXeVzDk0nYTI4Y_qkxfWTLw-Ja-pEn3k2_mlRgoTlxpXz_v9sKYN2BTJkBLU6itW3Rv3s5dEPDUuaj0I-N86uyx0zynv-rCMqXGBzAngzX7w==&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer" target=_blank>Latin
America</A><SPAN
style="FONT-FAMILY: Roboto, sans-serif"> and
</SPAN><A
style="FONT-STYLE: normal; FONT-FAMILY: Roboto, sans-serif; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0Qy_HoFuKOjiEY6EF-JMUsacyU3Yvanohj0nDENaslULHNX4lfaHs-W2lIDDNGSh1TnSz6pio_BwgQ1chEJ49-xrOX4DtobjG-nyOtFhhb3U9cWulpq-UgaYvGw5oMnM_MtlQEeeSHRJ56kYcQB0Yhyy3436DKs1nuQi_tXu1z9Y2Q2GzG2h65Df8S5p36NJKTbLZ7geyz5QNk3CIaRMJsI=&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer"
target=_blank>Europe</A><SPAN
style="FONT-FAMILY: Roboto, sans-serif">.</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">Overall
investment trends are also ticking up. The World
Business Council for Sustainable Development
(WBSCD): </SPAN><A
style="FONT-STYLE: italic; FONT-FAMILY: Roboto, sans-serif; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0dTRDtHfVYBbn1lWZq3Pksy6qeQgldQKlm7Tc9USGjq3b1sRyWFujT6yghAzN7NlfiDot39HljMtxQt86RgGwa5noTMhFjURMuWj7Ti-rE8Qe3CdogMXqdSiPNmetRBrv3rZoyxLE-vImB2WiqTjXai8YMjSbvfKmw==&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer" target=_blank>The
Business Breakthrough Barometer 2024</A><SPAN
style="FONT-FAMILY: Roboto, sans-serif"> found
that three-quarters of leading businesses surveyed
report having increased their investments in the
net zero transition over the past three years with
90 per cent saying they would invest more if
targeted sector policy measures were implemented.
Analysis by the Climate Policy Initiative suggests
climate finance flows are likely to have surpassed
an estimated </SPAN><A
style="FONT-STYLE: normal; FONT-FAMILY: Roboto, sans-serif; COLOR: windowtext; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0Qy_HoFuKOjiqe5s2S__rN_A5PKHjIMsw1L6A4mtgR0TGzEzrBKaTocSq6zVVYNliKNguz5VT3EsxbSY3argfU0TsKu5oL4RCGRwKtZuHlpbZZ6To-wVy_fJAdIjU7-tQzB-z8y2npEoJF7xc7I00w3JsMNKaMK-bqWl06szV2UfEHf9giDeIJGdYAAM6gHLJA==&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer" target=_blank>USD 1.5
trillion in 2023</A><SPAN
style="FONT-FAMILY: Roboto, sans-serif">.</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><BR></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(69,129,142); FONT-SIZE: 16px; FONT-WEIGHT: bold">Building
a highway for finance</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(69,129,142); FONT-SIZE: 16px; FONT-WEIGHT: bold"><SPAN
class=ql-cursor></SPAN></SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">Today, the
COP 29 Business, Investment and Philanthropy
Climate Platform</SPAN><A
style="FONT-STYLE: normal; FONT-FAMILY: Roboto, sans-serif; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0Qy_HoFuKOjiD2L4HrhKJdIm_7YRsWSOE34DtdoAuyiOEr9YRcV_UCBzM38fpbBxZC1RRV_ts7dQNTATaZYnKBN_ec1LQWmJpwoIz6rVPaefUwibqX7juWz-UYBoHLB2HcZIlL1GfLGCuyNCRLr4k4HciCsiEymsl-HiBNUdKptywfx4yfG_f76K8aS3PJd9mcu6kY_gv0nwAV7oIwuLgGA=&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer" target=_blank>
(BIPCP)</A><SPAN
style="FONT-FAMILY: Roboto, sans-serif"> event,
co-convened by the COP 29 Presidency and the
High-Level Champions, will showcase these advances
and more, emphasising how business, investors and
philanthropies can effectively collaborate to
increase finance flows to where it is needed
most.</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">Participants
will include Mikayil Jabbarov, Minister of
Economy, Azerbaijan;; and Racquel Moses, CEO of
the Caribbean Climate Smart Accelerator, as well
as representatives from the International Finance
Corporation (IFC), the Bill and Melinda Gates
Foundation and the World Economic Forum. Sessions
will highlight diverse financing strategies and
approaches that they and their many partners are
pursuing to drive financial flows to the actions
and solutions needed to achieve the </SPAN><A
style="FONT-STYLE: normal; FONT-FAMILY: Roboto, sans-serif; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0Yv2xyO4HHVwEzd76rlnR71zy1mzO6JIkaL1h_Vf9auVu0lqex49_58GPs1H6oM7EIs-uHJAhOYETmS3if5TTmHKr40Cfxri3gS4iIXIKWUkrIX_BQQzntA5xgBH21lS9wnN68uAvRKaD6SceUCVdsKmGL1Te2yXthGDKonV50QOYCEzyBGAtEM=&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer" target=_blank>2030
Climate Solutions</A><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(17,85,204)">.
</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><BR></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">The CREO
Family Office Syndicate (CREO) and the Investor
Leadership Network (ILN) — a CEO-led group of 14
global institutional investors with over USD 10
trillion in assets under management — jointly
representing their members including family
offices/foundations, pension funds, insurers and
sovereign wealth funds, will </SPAN><A
style="FONT-STYLE: normal; FONT-FAMILY: Roboto, sans-serif; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0Qy_HoFuKOjiCUyHvP2NhSht533vBTsyRErM_w8jodkXGhAKwX4WL3MJkeLy6EdgY5-h1UprjT2sNLAFaVA4n7YFY8YvznbhgtFjwVsosn0erveqXJqKKnciQzkHzHBLMA==&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer"
target=_blank>announce</A><SPAN
style="FONT-FAMILY: Roboto, sans-serif"> that they
are uniting to develop a shared vision and action
plan to accelerate the deployment of private
capital, working with enabling partners including
Builders Vision, CDPQ and the Milken
Institute.</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">The
Glasgow Financial Alliance for Net Zero </SPAN><A
style="FONT-STYLE: normal; FONT-FAMILY: Roboto, sans-serif; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0YuXLu0foQzkfQ8AfYlVoCNjTwR2dxjGsHHgmWN6m-oJgYSGHEU7MqzXLvbEEQKvnxqfiYavxTqZlqZd6jmIYhtzVtlMj3e5kQ==&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer"
target=_blank>(GFANZ)</A><SPAN
style="FONT-FAMILY: Roboto, sans-serif"> will
speak to its focus on enhancing voluntary
transition planning guidance, and the over 50
organisations supporting the</SPAN><A
style="FONT-STYLE: normal; FONT-FAMILY: Roboto, sans-serif; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0Qy_HoFuKOjiVk6y4A9Wf6hPPjZ1M2JDgTVcyz7NT93zzQXC16mnyJTAIwA1aPkBFCEwxJkm7ZivXGiKAbIGSMWAYuLPe2KBXElXMD-n6jsp&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer" target=_blank> Global
Capacity Building Coalition platform</A><SPAN
style="FONT-FAMILY: Roboto, sans-serif"> designed
to be a go-to global resource for financial
institutions developing climate action strategies,
particularly in emerging markets and developing
economies (EMDEs). Work to unlock private finance
in EMDEs has included a World Bank Private
Sector Lab, a Nature Investment Lab, and high
integrity carbon markets. </SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">The BIPCP,
taking place in the Blue Zone for the first time,
highlights the strong voices of investors,
philanthropies, and businesses, calling for a fair
and ambitious climate finance outcome at COP 29,
and noting the importance of clear policy to
enable further action. The BIPCP is an opportunity
for the private sector to offer their leadership,
capital, and insights to support and inform the
critical work of national governments here at
COP. </SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">Recent
insights and calls include:</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><BR></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">●</SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif; FONT-SIZE: 9px"> </SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif; FONT-WEIGHT: bold">Atlantic
Council - </SPAN><A
style="FONT-STYLE: normal; FONT-FAMILY: Roboto, sans-serif; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0Qy_HoFuKOjiueXvaWbe5UuytnRmV38tbbuScF7FhWB6EkSeMtVDIwdD-GXehje6LnMHNi8fN6FgM0AAir_H8ADOdTdb15Nen_mmUiUbRYtKIY4xTKZLsu2QIuSnQiAr1mjXDIjRntIZnfiO3BXxHnas4UKzrr1gcA==&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer" target=_blank>Six ways
to scale private finance for climate
adaptation</A><SPAN
style="FONT-FAMILY: Roboto, sans-serif">,
reflecting recommendations developed jointly by
government and private sector representatives to
</SPAN><SPAN
style="COLOR: rgb(34,34,34)">accelerate the
mobilisation of private finance for adaptation and
resilience in support of the Sharm-El-Sheikh
Adaptation Agenda.</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">●</SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif; FONT-SIZE: 9px"> </SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif; FONT-WEIGHT: bold">Investor
Agenda:</SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif">
</SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(17,85,204)"> </SPAN><A
style="FONT-STYLE: normal; FONT-FAMILY: Roboto, sans-serif; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0Qy_HoFuKOjipNzoNKvsgXnRWaTfBuAu6wFoF61j1aGmjn0BxxWWNPwreEt_16YXQAfkwUFtAQpbERwsGifKSJs5XR2ASk04qQAyFNJ8CY_CBUA4v49ddM0w826oIz8cQ-XMznXXErqfP7NSqpW0CpTsbE8E86SsVdX3hIqUmXD6UME_-WmOyjdx4mADtrCV-Ps13D6_Jpp4ZdpljSG8rMYeeF6lMfB2TAq_eRVnIEIjewAzy2Q1948=&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer" target=_blank>call on
governments</A><SPAN
style="FONT-FAMILY: Roboto, sans-serif"> by 650
financial institutions managing more than USD 33
trillion in assets under management to
accelerate private capital flows. </SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">●</SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif; FONT-SIZE: 9px"> </SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif; FONT-WEIGHT: bold">World
Economic Forum:</SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif"> </SPAN>Alliance
of CEO Climate Leaders <A
style="FONT-STYLE: normal; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0Qy_HoFuKOjiKQAXSSGxhg9E7w6ny7lCoQXsrxtcxWPk7GeaMCpiEjqU8Vfs2vfVWjrZwrhxFxzbiY38xfrKaOW4IcyS3gfY0Q7YJGsidg_hoNMAU-mdqeG7dZatc0N0KYvkiU6ubF4vrLpF5iZHE_oMQiImjL5QZCv9UM_U1YSU&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer" target=_blank>call on
regulators and policy-makers</A> to improve the
business case for climate action and spur
investment. The alliance comprises <SPAN
style="FONT-FAMILY: Roboto, sans-serif">117 CEOs,
including 49 from the First Movers Coalition and
27 regional CEO climate group members.
Collectively they represent USD 4 trillion in
revenues and 12 million employees. </SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">●</SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif; FONT-SIZE: 9px"> </SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif; FONT-WEIGHT: bold">The
Institutional Investors Group on Climate
Change</SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif"> – over
400 major global investors across 27 countries
with USD 65 trillion in assets – are highlighting
how NDCs can help investors identify long-term
investment opportunities. They highlight sectoral
pathways underpinned by robust policies and
complemented by clear financing strategies as key
elements of an investable national climate plan.
See </SPAN><A
style="FONT-STYLE: normal; FONT-FAMILY: Roboto, sans-serif; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0df5DgtWHV90WebDk-4vobTIOjVp1Exu_Zw5X3M6aCbWoJyK3O8u6HyijddcxEm1sgCurihtXdsjf5AxZuMWoAQW9aVE9PedKlApyzYI9bxOIwTpsqHJRB31lMKFGNWe5VS8PZ5OQHfNMmnEvohGetBZVW1F8XVVCvTmRjDBMqGf&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer" target=_blank>Making
NDCs Investable</A><SPAN
style="FONT-FAMILY: Roboto, sans-serif">,
</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">Businesses
and investors are sharing their insights and
solutions for investment-enabling policies and
trade for climate as part of the COP 29
Presidency’s </SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(10,10,10)">Baku
Initiative for Climate Finance, Investment and
Trade (BICFIT) event happening today to foster
integration of the global trade and climate
agendas.</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><BR></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(69,129,142); FONT-SIZE: 16px; FONT-WEIGHT: bold">Insurance
Breakthrough</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(69,129,142); FONT-WEIGHT: bold"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">A
</SPAN><A
style="FONT-STYLE: normal; FONT-FAMILY: Roboto, sans-serif; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0Qy_HoFuKOji7DcJ3sLoneRBlne8-WA-txSk7koY7YJgzlA5kYuuHCym71m_kVDTTUZEZXDJnJTbLL4D0iHGPsbUrTzqr77GhlcoG95ul7i39XZOcz3FtaRsgJhDmT3qv9bK_hoMCEM1K-vI76vbjKNlzvwjgTxXfIhXg0qReXiQ3e0pySBDDzZ4pQkFljlrFg==&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer" target=_blank>new
paper</A><SPAN
style="FONT-FAMILY: Roboto, sans-serif"> published
by the High-Level Champions and global insurance
group Howden, demonstrates the critical role the
insurance sector can play in accelerating
decarbonisation and increasing resilience. The USD
19 trillion in investment capital that has already
been committed by energy companies, governments,
and private equity to financing the climate
transition through to 2030 is estimated to require
USD 10 trillion in innovative insurance cover in
order to meet investor risk requirements.
</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">The paper
cites examples of innovative insurance solutions
that have the greatest potential to help rapidly
enable the delivery of the 2030 Breakthroughs -
specific sector targets to keep global warming
within 1.5 °C. Examples include a risk-mitigating
solution which facilitated the development of a
plastics renewal facility designed to process
100,000 tons of plastic waste
annually; political risk insurance cover for
Senegal’s first large-scale renewable energy
Project; and integrating mangrove restoration with
asset protection insurance to protect a wind power
project, left vulnerable to tidal erosion and
storm surges due to the degradation of surrounding
mangroves. </SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif"> </SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(69,129,142); FONT-SIZE: 16px; FONT-WEIGHT: bold">Net
Zero Export Credit Agencies launch target-setting
guidance.</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(69,129,142); FONT-SIZE: 16px; FONT-WEIGHT: bold"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">The
UN-convened and Race to Zero partner, Net-Zero
Export Credit Agencies Alliance (NZECA) launched
its </SPAN><A
style="FONT-STYLE: normal; FONT-FAMILY: Roboto, sans-serif; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0Qy_HoFuKOji71s68yBB0lmuslfDn-jbWWdZB39nYDFtSp9X9NuL11JE47bfo9KbbcWviPBHJpQ1eUr9SyXFglsGZ2Ue_cpMsTEU3uXvRE2lrK4jTyJL_RxRBbkYgiKSnDulbZVRpIdE7XrcU7tBcDteRFbGDbW9Vku3dqYqKBU2&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer" target=_blank>target
setting guidance</A><SPAN
style="FONT-FAMILY: Roboto, sans-serif"> at COP
29 yesterday. It is the first tool of its
kind to enable export credit agencies (ECAs) and
export-import (ExIm) banks to set net-zero targets
and put them into action to accelerate their
decarbonization ambitions. </SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">This first
version provides guidance to members on setting
long-term and intermediate science-based climate
targets and related disclosures, helping members
to fulfil the commitments they have made when
joining the Alliance. NZECA also announced
its membership extension welcoming Finland’s
Finnvera. </SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(69,129,142); FONT-SIZE: 16px; FONT-WEIGHT: bold"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(69,129,142); FONT-SIZE: 16px; FONT-WEIGHT: bold">Accelerating
the net zero transition of high emitting sectors
</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: red; FONT-WEIGHT: bold"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify>The Breakthrough Agenda will launch
the ‘Baku’ Priority International Actions, a set
of actions to be implemented by governments and
non-State actors in 2025, aimed at accelerating
the decarbonisation of five high emitting sectors:
power, hydrogen, steel, road transport, and
buildings. These include coordinated action at the
international level and between the public and
private sectors on standards and
certifications, demand, finance and investment,
research and development, marking is a
critical step forward on the path to a net zero
economy. As highlighted in the recently released
Breakthrough Agenda Report 2024 authored by the
IEA and the High-Level Champions, good progress
has been made in some areas, but we need more
ambition, more action and more international
collaboration in all sectors. </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(69,129,142); FONT-SIZE: 16px; FONT-WEIGHT: bold"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(69,129,142); FONT-SIZE: 16px; FONT-WEIGHT: bold">Green
fuels for green shipping: a call to
action</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">A good,
concrete example of that action and collaboration,
today 55 actors from across the maritime value
chain, including 15 suppliers and 19 demand
organizations </SPAN><A
style="FONT-STYLE: normal; FONT-FAMILY: Roboto, sans-serif; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0Qy_HoFuKOjiVAozMJcfCFRTvQp2CaGGCDFg6oPSXzi7OB0OWbYKj6Yu7dqnxObzpsbIVBipwBnRVQK8BqsxXPlKC7PHzPj8TPixQOcFxFGa8y4V8_rXB4VXbFYqOfxBNdxdb7rpHChQvPSt4fQxiNgGmkfE16DdHZLQhakTylLVLQ4fR6Jp1zKuUpE9ySAmPZzF9h8kQe-yXUc42_TKtf9POMaVdlpkt-oFrBTHCnWe0DjDjUTyochxy2wMrLrsBGWM7QMiy_x7nbHdhRyAIAT3PMI4DpLjiiXLeajDRTPkWQ82UW5Z4t_I2-NNs7qOiJiOUAc4vNS7BjAq-JKojSQKVhLQuDgFm8SnasgDmGgG2FWVmVtVcsUdL_ewG40s2t4cKSW5Y49GQ7ufZfrm9nyfacrITwrBog==&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer" target=_blank>have
launched</A><SPAN
style="FONT-FAMILY: Roboto, sans-serif"> a set of
commitments to achieve a minimum 5% - whilst
striving for 10% - uptake of zero emission
fuels in international shipping. This is urgently
required to achieve a just and equitable
transition in line with the Green Shipping 2030
Climate Solutions. </SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">These
commitments focus on supply, demand and finance
and call on policy makers to maximise the success
of the 2030, 2040, and 2050 goals of the </SPAN><A
style="FONT-STYLE: normal; FONT-FAMILY: Roboto, sans-serif; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0Qy_HoFuKOjiczPP_7QsXLC5HRA6nSn8O9R4bz9asf-F7uueV00PPGStO9n4_zvQBNd8FrdoREAcXGY7yfT4so4RJLqC1sPuFvxlLU6F9CSiSmceHOZZuiMuEsuzx32R50Urqid2Iw8pDn43FqT0kxblG7VaKo3zIO9CNy6U2mhBjyMbLJxNp3XU4q7eThld7fVajQLlZ-W4CawOufN-Yy-k61jdV6orRw==&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer"
target=_blank>International Maritime
Orrganization’s</A><SPAN
style="FONT-FAMILY: Roboto, sans-serif"> 2023 GHG
Strategy, and minimise the cost of shipping’s
transition. The group is led by think tank RMI,
with UK university UCL and the United
Nations Foundation serving as experts,
supported by the High-Level Champions. </SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; FONT-SIZE: 16px; FONT-WEIGHT: bold"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="COLOR: rgb(69,129,142); FONT-SIZE: 16px; FONT-WEIGHT: bold">Supporting
Net Zero Policy </SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; FONT-SIZE: 16px; FONT-WEIGHT: bold"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">The
inaugural report from </SPAN><A
style="FONT-STYLE: normal; FONT-FAMILY: Roboto, sans-serif; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0Qy_HoFuKOjiLoOx_fuJPc__U8FC3LoPFmUPzcLBrKtNK8mvkpennTvMkDOvKvVTn_Vd1gF-9tu_oc5bUBCLTlCznCbU2lTTdVtSCMmOAbSbmTEG9J-9hq10NyxQALgRN-LdS8qvvhOI8nQUtS0geyI=&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer" target=_blank>The
Taskforce on Net Zero Policy</A><SPAN
style="FONT-FAMILY: Roboto, sans-serif"> finds
insufficient overall progress of policy reforms
needed to align the activities of large corporates
with a 1.5°C goal, but does include examples of
progress. It notes policies related to net
zero action for companies and financial
institutions, often in middle income countries and
developing economies, such as South Africa,
Nigeria, Argentina and Indonesia. The report also
found action on implementing actionable
sustainable finance, like taxonomies and
transition plans, has advanced around the
globe.</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><BR></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(69,129,142); FONT-SIZE: 16px; FONT-WEIGHT: bold">Spotlight
on SMEs</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-STYLE: italic; FONT-FAMILY: Roboto, sans-serif; COLOR: blue"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">Yesterday,
the International Trade Centre (ITC) endorsed the
Baku Climate Coalition for SMEs, Green Transition
Declaration and signed a partnership with the
Small and Medium Business Development
Agency of the Republic of Azerbaijan (KOBIA)
and the Brazilian Support Service for Micro and
Small Businesses (SEBRAE) to roll it out. The SME
Declaration aims to help establish small
businesses as a key stakeholder group in advancing
the green transition ahead of COP 30 in
Brazil.</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif">To support
the implementation of the Declaration, ITC
will today launch its NDC 3.0 guidelines for
countries to work with small businesses to design
their Nationally Determined Contributions.
</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; FONT-SIZE: 16px; FONT-WEIGHT: bold"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; FONT-SIZE: 16px; FONT-WEIGHT: bold">Making
an impact</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; FONT-SIZE: 16px; FONT-WEIGHT: bold"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify>In the face of a climate emergency,
solutions are emerging faster than ever, tackling
every aspect of the challenge. The High-Level
Champions’ new series, <A
style="FONT-STYLE: normal; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0QdJLQUJ_BoVRsAWT_mLvA2iSLDnypNDCnKrcXhu_6MKQFSa07XKjSYuBegPGASo2vwZRiqNDwZWN9VSDINbz480IeAi3hrchF_bSqzGXMPrjExRKa20Tbq9au_4qSoOMGF0fVEDK8p1&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer" target=_blank>Impact
Makers</A>, shines a spotlight on those leading
this change from the ground up. </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify>Discover today’s Impact Makers,
revolutionizing how we finance solutions that pave
the way to a healthier and fairer world.</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><A
style="FONT-STYLE: normal; COLOR: #1155cc; FONT-WEIGHT: bold; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0Qy_HoFuKOjip2z6HzkxESjN0czUHnQQpdvqyGLdT43AtqE42EjFWm3WlhgNvcAMh1Drz9I87rq5F_f85wd5Bd7T97eqKBmooIZyJDfrOCLF8JlET8xQ0Q_QySQGMJtL-pqOg-vza-mSViEHI5HstVxExIpeYeQ7FA==&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer" target=_blank>NGA TRAN
THI THANH (JESSICA)</A><SPAN
style="FONT-WEIGHT: bold"> </SPAN>– Accelerating
Vietnam’s transition to a low-carbon economy
through blended finance</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-WEIGHT: bold"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><A
style="FONT-STYLE: normal; COLOR: #1155cc; FONT-WEIGHT: bold; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0Qy_HoFuKOjiv0EaZ3sPmV_idrwgGhcW8m2dFTnxitgyVaHnybQ8Eohome8tWuKcUce6jWMT-K3eZ7olaiQKyEgkwthvWCoigRlFVfD4n3ojgDaWR17sCoyzjL03bB5dlytbdTjaUU6rtyp_Pga-O31Tt0hucqnQ8w==&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer" target=_blank>GILBERTO
RIBEIROL</A><SPAN style="FONT-WEIGHT: bold">
</SPAN>– Leading climate finance innovations for
sustainable energy and land use in Brazil</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-WEIGHT: bold"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><A
style="FONT-STYLE: normal; COLOR: #1155cc; FONT-WEIGHT: bold; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0Qy_HoFuKOjibvptvT0CWJsfJm6GmJ8aIYGuzPlbT5AiQYSW_jOTM3mmB5z1pMXL9QRKQk7IAuhNbQE-XSfAbNGWzeWOTG16Vzo98ltjJVXqaZ3NAqc69pR-iPJHcxWnE3yJOG7QhXjmDBNDBeWeJOfpSsRnNCdqwg==&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer" target=_blank>LYNN VON
KOCH-LIEBERT</A><SPAN style="FONT-WEIGHT: bold">
</SPAN>– Driving equity and access in climate
finance through private lending and community
partnerships</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; FONT-SIZE: 16px; FONT-WEIGHT: bold"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; FONT-SIZE: 16px; FONT-WEIGHT: bold">Youth
voices </SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; FONT-SIZE: 13px; FONT-WEIGHT: bold"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><A
style="FONT-STYLE: normal; COLOR: #1155cc; FONT-WEIGHT: bold; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0Qy_HoFuKOjiFBlMVnk6hB8BKPTlZ3geQsSrG-3VMYGEjLc8hNN3qBkzZwaU8HH0ftXVvOnOte0fGFrNxRIMS96lvu3u3l3Q_XbZDqqw1i9Hlt8TnFTkUUNPT4q4LSz2zklivwZNoNduLiobpKVbpaCf1NkH8e4yAnJvRKr8gPxerKUTCfZdXummvnvP690w70XUE3OBq9Gh&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer" target=_blank>Climate
Champions’ Youth Fellow, Amal Ridene</A> sheds
light on scaling adaptation finance at COP 29,
where adaptation funding and private sector
engagement are central to closing the climate
resilience gap. As finance remains underfunded,
she explains how COP 29 offers new opportunities
for impactful investment in adaptation.</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><BR></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(69,129,142); FONT-SIZE: 16px; FONT-WEIGHT: bold">Call
for inputs: COP 29 climate action
announcements</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="COLOR: rgb(80,0,80); FONT-WEIGHT: bold"></SPAN> </P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="COLOR: rgb(34,34,34)">The UNFCCC
secretariat is tracking climate action
announcements made at COP 29, including the launch
of: </SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><BR></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(34,34,34)">●</SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(34,34,34); FONT-SIZE: 9px"> </SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(34,34,34)">climate
initiatives;</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(34,34,34)">●</SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(34,34,34); FONT-SIZE: 9px"> </SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(34,34,34)">pledges
and declarations; </SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(34,34,34)">●</SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(34,34,34); FONT-SIZE: 9px"> </SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(34,34,34)">publications
and reports;</SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(34,34,34)">●</SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(34,34,34); FONT-SIZE: 9px"> </SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(34,34,34)">any
other climate action announcements. </SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0px"
align=justify><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(34,34,34); FONT-WEIGHT: bold"></SPAN> </P>
<P style="MARGIN: 0px"><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(34,34,34)">This
information will be used to inform the</SPAN><A
style="FONT-STYLE: normal; FONT-FAMILY: Roboto, sans-serif; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0QdJLQUJ_BoVC2McoHhN6yPXJih3J2TAyWS_z2Xv8MlLKkPbm2dAh4WuTRw6VJ3rEVF7imGYDJKV5E4QaeQQ9SfZWuOizCkYbuEtfP7wf2vIkjQM2Ps6D78Ve_rXBhiilQ==&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer" target=_blank> Global
Climate Action Portal</A><SPAN
style="FONT-FAMILY: Roboto, sans-serif; COLOR: rgb(34,34,34)">
(GCAP), formally known as Non-State Actor Zone for
Climate Action (NAZCA), in particular, on its COP
29 event page. Please find the online form to
submit your inputs </SPAN><A
style="FONT-STYLE: normal; FONT-FAMILY: Roboto, sans-serif; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0QdJLQUJ_BoVB_bFY7ZNBqQTS1V5OSjJWQ0LqJMfae9EP5gkFbXYblot5AWNu9QJvEos6NoQJdBQB3HiFR9WLa4_kqDU8nvO_S9U51wQFxuPaoLoFkwb2eU=&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer"
target=_blank>here</A><SPAN
style="COLOR: rgb(80,0,80); FONT-WEIGHT: bold">
</SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif">or via the
QR code
below.</SPAN></P></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
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<P style="MARGIN: 0px"><SPAN
style="FONT-FAMILY: Roboto, sans-serif; FONT-SIZE: 16px; FONT-WEIGHT: bold">About
the High-Level Champions: </SPAN><SPAN
style="FONT-FAMILY: Roboto, sans-serif">The UN
Climate Change High-Level Champions drive
ambitious climate action by connecting the work of
national governments with the many voluntary and
collaborative actions and initiatives from
non-Party stakeholders such as cities, regions,
businesses, investors and civil society. This
includes delivering the </SPAN><A
style="FONT-STYLE: normal; FONT-FAMILY: Roboto, sans-serif; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0Vn89ymwPQFH5q-hR2Ec2L0ELo26STOFulxIYPS-Fm72lfvWBq0P-93F8sr7Yp2C5MZ_gvYUtPpBf6mE-huv6D2TXHStKxlh398JRjrZttz6KXX2T9GUzUX09dwRZL273LxcubZw6ClTAgwMmDAmMMSBPnAcl73Y0CwUtVKVd37JoJ7XsGefWyq2vsuEVxs8L1ThoQmGlHtjRfO1oTZkgbM=&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer" target=_blank>five-year
plan</A><SPAN
style="FONT-FAMILY: Roboto, sans-serif"> of the
Marrakech Partnership for Global Climate Action,
in collaboration with the UNFCCC secretariat and
other partners, using the tools and frameworks
included in the </SPAN><A
style="FONT-STYLE: normal; FONT-FAMILY: Roboto, sans-serif; COLOR: #1155cc; FONT-WEIGHT: normal; TEXT-DECORATION: underline"
href="https://od7srtqab.cc.rs6.net/tn.jsp?f=0011AAzOXY82hKkZW5-Kb-NrSucfMEKoilvhslMrY5wVmSo36r5Mijh0UoqSOVWQw0n-_HTN9B0OWm00gtRTXQoRoK7gDgy1cV4HAVimvkTpCnrIFaGzKhTzOTQ4clSra-p8aSaE3FB_m98dBi7N5EK5oPCWRFpNARqbdoWGVLoHKPm8CuM-S35sUsj9xp5CckW4hw91hx_Mm0Hre6a51_1rlfAEi-2h0me9mLgLXudclikN6WBJ_KiHVw93CvFmYPDSYvBjvdLmhvw0cAbgCuoFddLTjk_UKvJ1KQGDm1Ismw=&c=njISqgSYvhFcF3FDRv-7mizSiI1G_nYO__IQt6RWImprppLGgH38zQ==&ch=rWEFXK2n6-UUwdeqGnyeUiIeNTKk7jR-oGuhM8-KGuLvuIdVu7bvzA=="
rel="noopener noreferrer" target=_blank>2030
Climate Solutions</A><SPAN
style="FONT-FAMILY: Roboto, sans-serif">. H.E.
Razan Al Mubarak and Ms. Nigar Arpadarai serve as
the current High-Level Champions of the COP 28
Presidency and the COP 29 Presidency,
respectively.</SPAN></P></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
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<P style="MARGIN: 0px"><SPAN>UNFCCC |
</SPAN><SPAN>Platz der Vereinten Nationen
1</SPAN><SPAN> | </SPAN><SPAN>Bonn, 53113
DE</SPAN></P>
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<DIV><FONT size=2 face=Arial></FONT> </DIV>
<DIV
style="FONT: 10pt arial; BACKGROUND: #e4e4e4; font-color: black"
align=left><B>From:</B> <A
title=globalclimateaction@unfccc.int
href="mailto:globalclimateaction@unfccc.int">Global
Climate Action</A> </DIV>
<DIV style="FONT: 10pt arial"
align=left><B>Sent:</B> Thursday, November 14,
2024 11:15 AM</DIV>
<DIV style="FONT: 10pt arial"
align=left><B>Subject:</B> Vladimir, here is the
latest news from the High-Level
Champions! </SPAN>
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