As COP29 begins in Baku, the world’s eyes turn to what’s being called the “Finance COP.”
With the financial infrastructure of climate action in focus, this conference could lay the foundation for an ambitious future framework—the New Collective Quantified Goal (NCQG)—poised to succeed the $100 billion annual commitment first set in Copenhagen back in 2009. Now, with estimates pointing to a need of $500 billion to $1 trillion yearly, particularly to support climate adaptation and mitigation in developing nations, COP29 promises to be a pivotal moment.
Beyond the numbers, this conference could set the stage for the ambitious climate targets to be refined at COP30 in Brazil next year.
Denmark travels to Baku to join the discussions with a robust delegation committed to collaborative, actionable solutions. For Denmark, COP29 is an opportunity to showcase the power of public-private collaboration in climate action.
At the Denmark Pavilion in the Blue Zone, nearly 50 events are planned, spanning critical topics such as energy security, shipping decarbonisation, sustainable urban design, energy efficiency, and mobilising climate finance. Get a sneak peek of what to expect at the Denmark Pavilion below.