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VERSION:2.0
PRODID:unctad.org
BEGIN:VEVENT
UID:6a4cac2a8f66b
DTSTART:20241113T124500Z
SEQUENCE:0
TRANSP:OPAQUE
DTEND:20241113T141500Z
LOCATION:Baku\, Azerbaijan
SUMMARY:COP29 side event: Trade and investment policies to advance climate 
 ambition\, implementation and sustainable development
CLASS:PUBLIC
DESCRIPTION:The session will explore how trade and investment policies can 
 help advance the implementation of climate goals while offering sustainabl
 e development opportunities in the context of Nationally Determined Contri
 butions (NDCs). Participants will share their experiences\, challenges\, p
 riorities\, and the role of international cooperation in putting forward s
 ustainable development and 1.5 degree-aligned climate plans.​BackgroundA
 s Parties update their NDCs\, the session will explore how trade and inves
 tment policies can help advance climate ambition\, support the implementat
 ion of climate plans\, and offer business and trade opportunities for sust
 ainable development.Trade and investment are key means to accelerate the i
 mplementation of climate goals\, contributing to just transitions and offe
 ring sustainable development and trade opportunities. Trade can enhance ac
 cess to the energy-efficient goods and technologies needed for climate cha
 nge mitigation and adaptation. Sustainable trade practices can open new ma
 rkets\, create decent jobs\, and drive innovation.Investment supports the 
 deployment of renewable energy. However\, UN Trade and Development (UNCTAD
 ) research shows that only over a quarter of developing countries’ NDCs 
 include detailed investment planning\, and trade-related measures are unde
 rutilized. The stakes are particularly high for developing countries where
  environmental degradation and climate change exacerbate poverty and under
 mine development gains.As part of the session\, UNCTAD and its partners wi
 ll introduce\, for consultation\, a guide for policymakers to mainstream t
 rade and investment policies to advance national climate and sustainable d
 evelopment plans—including NDCs and take advantage of new business and t
 rade opportunities. The Guidelines are part of UNCTAD&#039\;s contribution
  to the COP29 Presidency Initiative: Baku Initiative on Climate Finance\, 
 Investment and Trade Dialogue (BICFIT). &lt\;p&gt\;The session will explo
 re how trade and investment policies can help advance the implementation o
 f climate goals while offering sustainable development opportunities in th
 e context of Nationally Determined Contributions (NDCs). Participants will
  share their experiences\, challenges\, priorities\, and the role of inter
 national cooperation in putting forward sustainable development and 1.5 de
 gree-aligned climate plans.&lt\;/p&gt\;&lt\;h4&gt\;​Background&lt\;/h4&g
 t\;&lt\;p&gt\;As Parties update their NDCs\, the session will explore how 
 trade and investment policies can help advance climate ambition\, support 
 the implementation of climate plans\, and offer business and trade opportu
 nities for sustainable development.&lt\;/p&gt\;&lt\;p&gt\;Trade and invest
 ment are key means to accelerate the implementation of climate goals\, con
 tributing to just transitions and offering sustainable development and tra
 de opportunities. Trade can enhance access to the energy-efficient goods a
 nd technologies needed for climate change mitigation and adaptation. Susta
 inable trade practices can open new markets\, create decent jobs\, and dri
 ve innovation.&lt\;/p&gt\;&lt\;p&gt\;Investment supports the deployment of
  renewable energy. However\, UN Trade and Development (UNCTAD) research sh
 ows that only over a quarter of developing countries’ NDCs include detai
 led investment planning\, and trade-related measures are underutilized. Th
 e stakes are particularly high for developing countries where environmenta
 l degradation and climate change exacerbate poverty and undermine developm
 ent gains.&lt\;/p&gt\;&lt\;p&gt\;As part of the session\, UNCTAD and its p
 artners will introduce\, for consultation\, a guide for policymakers to ma
 instream trade and investment policies to advance national climate and sus
 tainable development plans—including NDCs and take advantage of new busi
 ness and trade opportunities. The Guidelines are part of UNCTAD&#039\;s co
 ntribution to the COP29 Presidency Initiative: Baku Initiative on Climate 
 Finance\, Investment and Trade Dialogue (BICFIT).&amp\;nbsp\;&lt\;/p&gt\;\
 n\nView meeting on unctad.org\nhttps://unctad.org/meeting/cop29-side-event
 -trade-and-investment-policies-advance-climate-ambition-implementation-and
DTSTAMP:20260707T073506Z
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