The UN Climate Change Conference 2024 includes the 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP 29), the 19th meeting of the COP serving as the Meeting of the Parties to the Kyoto Protocol (CMP 19), and the sixth meeting of the COP serving as the Meeting of the Parties to the Paris Agreement (CMA 6). The 61st sessions of the Subsidiary Body for Scientific and Technological Advice (SBSTA 61) and the Subsidiary Body for Implementation (SBI 61) will also convene.

The key expected result of the negotiations in Baku is the definition of a new collective quantified goal on climate finance, which will replace the current USD 100 billion per year goal. Parties agreed to set this new goal in the context of the adoption of the Paris Agreement in 2015. Back then, they agreed to set the NCQG prior to 2025, from a floor of USD 100 billion per year, taking into account the needs and priorities of developing countries. While these cornerstones still stand, everything else remains in the air—and that less than two months before the conference. Learn more.