COP29 Archives - European Office Of Cyprus

EU secures agreement on carbon market rules and new climate finance goal, with broader contributor base to drive clean investments, increase resilience and prepare the ground for further emission reductions

December 2, 2024

At the COP29 UN Climate Change Conference in Baku, the European Commission and EU Member States took the lead in brokering a deal to align global financial flows with the objectives of the Paris Agreement. Through the adoption of a New Collective Quantified Goal (NCQG) for Climate Finance, the EU successfully broadened the global contributor base for climate …

EU steps up efforts to abate methane emissions with partners at COP29

November 18, 2024

At COP29 in Baku, the European Commission has launched a new Methane Abatement Partnership Roadmap to further accelerate the reduction of methane emissions associated with fossil energy production and consumption, in collaboration with a number of partner countries, international organisations, NGOs and development banks. This new Roadmap provides a blueprint for cooperation between fossil fuel importing and exporting countries, which …

EU to support continued global climate action and push for ambitious finance and investment goals at COP29

November 12, 2024

At the COP29 UN Climate Change Conference on 11-22 November in Azerbaijan, the European Union will work with international partners to deliver on the goals of the Paris Agreement of limiting global average temperature rise to as close as possible to 1.5C. Climate change continues to be an issue which knows no borders, and increasingly harms …