CEBDS and the business sector will follow the COP29 discussions in Baku, Azerbaijan

In total, CEBDS will take 30 associated companies, represented by 66 collaborators including leaders and experts to COP29 in Baku, Azerbaijan

On November 11, discussions and events for the 29th Annual United Nations Climate Change Conference, COP29, will begin in Baku, Azerbaijan, and CEBDS will be there, following the discussions and representing the Brazilian private sector.

What is COP29?

This edition is expected to see significant progress in Climate Finance, encouraging resources for developing countries that aim to strengthen their infrastructure and adopt low-carbon economy practices. With the increase in the climate emergency, the fair energy transition needs to be accelerated, especially in developing countries, which need contributions to consolidate their efforts in the process. Due to this central theme, the event was nicknamed the “COP of Finance”.

Another highlight of COP29 will be the submission of new Nationally Determined Contributions (NDCs), which will set climate targets for 2023 and 2035. With a deadline in February 2025, these commitments reflect the global ambition to reduce emissions and combat global warming.

Brazil has all the conditions to consolidate itself as the leading country in the transition to a low-carbon, nature-friendly economic model, with incentives and actions from the public and private sectors. With COP30 being held in Belém, Pará, the expectations are that the discussions at this edition can serve as a paving stone for the event that will be hosted by Brazil.

CEBDS AGENDA AT COP29:

This year, CEBDS is organizing 4 events during the Conference, discussing topics ranging from emissions reduction, energy transition, and private sector contributions to NDCs. Check them out:

*November 12th, 3pm – 4pm*
“Private Sector and NDCs: A round of discussion on how the private sector can participate in NDCs creation and foster their implementation”
📍RCF Pavilion

*November 14th, 9am – 10am*
“Brazilian Sustainable Taxonomy: Potential and challenges for investment attraction.”
📍To be defined

*November 14th, 3pm – 4:30pm*
“Action with impact: Critical enablers for fulfilling national commitments”
📍Side Event Room 5

*November 15th, 2pm – 3:30pm*
Advancing Business Engagement in Brazil's New NDC
📍 WMBC Pavilion

#CEBDSnaCOP29

So that you can follow CEBDS' agenda and discussions at COP29 first hand, we have created the HUB #CEBDSnaCOP29 which will provide news from the business sector, publications, and other important details about events and CEBDS and associates' participation in the event. You can access it by clicking here.

Check out the complete list of companies below: Accenture, Ajinomoto, Allos, Ambev, Ambipar, Banco da Amazônia, Bayer, Bradesco, Braskem, Caixa, CBA, Citrosuco, Engie, Equinor, ERM, EY, Graça Couto, Itaú, JBS, Natura, Petrobras, Renner, Re.green, Shell, Sicoob, Suzano, Syngenta, Vale and Volkswagen.

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