BEGIN:VCALENDAR VERSION:2.0 PRODID:unctad.org BEGIN:VEVENT UID:6a58a7b1df1e5 DTSTART:20240312T090000Z SEQUENCE:0 TRANSP:OPAQUE DTEND:20240312T153000Z LOCATION:Geneva\, Switzerland SUMMARY:COP28 debrief on relevant outcomes and the road to COP29 CLASS:PUBLIC DESCRIPTION:The 28th Conference of the Parties to the UN Framework Conventi on on Climate Change (COP28) took place in Dubai from November 30 to Decem ber 12\, 2023. COP28 built on the work of COP27\, starting with the operat ionalization of the Fund on Loss and Damage on day one and agreeing on a G lobal Goal on Adaptation. Among its major outcomes is the Global Stocktake (GST)\, a mandated report of global action every five years that has to b e agreed before the next round of plans are due (November 2025). The GST s et the parameters for the new National Determined Contributions (NDCs) and their related goals. In the final GST text\, Parties called for a just an d equitable “transition away” from fossil fuels to limit warming to 1. 5\, and a tripling of renewable energy capacity globally by 2030.The UAE C OP28 Presidency assigned each day a thematic focus. For the first time\, t rade was featured as a specific theme on December 4th\, together with Fina nce\, Gender Equality and Accountability. UNCTAD\, the International Chamb er of Commerce (ICC)\, the International Trade Centre (ITC) and the World Trade Organization (WTO)\, jointly hosted the “Trade House pavilion”\, a dedicated space to spark discussions and solutions on how trade can acc elerate climate and sustainable development actions and help ensure a just transition to a low-carbon economy.In 2023\, GDS co-hosted two workshops for developing country negotiators with the Group of 77 and China and Thir d World Network to support their efforts ahead of COP28 across a range of financing challenges that have moved to the forefront of multilateral disc ussions. Four reports have been prepared for these meetings (LDF\, Article 2.1c and NCQG).COP29 will take place in Baku\, Azerbaijan\, under the Pre sidency of the Ecology Minister\, Mr. Mukhtar Babayev. At COP29 parties ar e expected to agree on the New Collective Quantified Goal (NCQG) on climat e finance\, as well as continue their work under Article 6 and the Just Tr ansition Programme.ObjectiveThe objective of the meeting is to discuss rel evant outcomes of the COP28 and the main topics for the Cop29. The meeting is intended to provide both delegates of Member States and UNCTAD staff m embers with an overall understanding of the results of the COP28 and to in dicate priority areas and topics for potential future activity of UNCTAD.S tructure10.00 – 10.10Welcome and introduction10.10 – 10.30Trade at COP and the Trade House10.30 – 10.50UAE Consensus10.50 – 11.25Analysis of COP28 negotiations and outcomes11.25 – 12.00Q&\;A lunch break 14:3 0 – 14.50UNCTAD GDS work for COP28 and looking forward14.50 – 15.20Wha t to expect from COP29?15.20 – 16.00Q&\;A16.00 - 16.20Closing session   <\;p>\;The 28th Conference of the Parties to the UN Framework Conv ention on Climate Change (COP28) took place in Dubai from November 30 to D ecember 12\, 2023. COP28 built on the work of COP27\, starting with the op erationalization of the Fund on Loss and Damage on day one and agreeing on a Global Goal on Adaptation. Among its major outcomes is the Global Stock take (GST)\, a mandated report of global action every five years that has to be agreed before the next round of plans are due (November 2025). The G ST set the parameters for the new National Determined Contributions (NDCs) and their related goals. In the final GST text\, Parties called for a jus t and equitable “transition away” from fossil fuels to limit warming t o 1.5\, and a tripling of renewable energy capacity globally by 2030.<\; /p>\;<\;p>\;The UAE COP28 Presidency assigned each day a thematic fo cus. For the first time\, trade was featured as a specific theme on Decemb er 4th\, together with Finance\, Gender Equality and Accountability. UNCTA D\, the International Chamber of Commerce (ICC)\, the International Trade Centre (ITC) and the World Trade Organization (WTO)\, jointly hosted the “Trade House pavilion”\, a dedicated space to spark discussions and so lutions on how trade can accelerate climate and sustainable development ac tions and help ensure a just transition to a low-carbon economy.<\;/p> \;<\;p>\;In 2023\, GDS co-hosted two workshops for developing country negotiators with the Group of 77 and China and Third World Network to supp ort their efforts ahead of COP28 across a range of financing challenges th at have moved to the forefront of multilateral discussions. Four reports h ave been prepared for these meetings (LDF\, Article 2.1c and NCQG).<\;/p >\;<\;p>\;COP29 will take place in Baku\, Azerbaijan\, under the Pre sidency of the Ecology Minister\, Mr. Mukhtar Babayev. At COP29 parties ar e expected to agree on the New Collective Quantified Goal (NCQG) on climat e finance\, as well as continue their work under Article 6 and the Just Tr ansition Programme.<\;/p>\;<\;h4>\;Objective<\;/h4>\;<\;p> \;The objective of the meeting is to discuss relevant outcomes of the COP2 8 and the main topics for the Cop29. The meeting is intended to provide bo th delegates of Member States and UNCTAD staff members with an overall und erstanding of the results of the COP28 and to indicate priority areas and topics for potential future activity of UNCTAD.<\;/p>\;<\;h4>\;Str ucture<\;/h4>\;<\;table style="\;border-collapse:collapse\;borde r-style:hidden\;height:294px\;width:79.0123%\;"\; border="\;1\n\nV iew meeting on unctad.org\nhttps://unctad.org/meeting/cop28-debrief-releva nt-outcomes-and-road-cop29 DTSTAMP:20260716T094313Z END:VEVENT END:VCALENDAR