GCFC reflects on Finance Day at COP29 and the path forward to COP30

DATE 14 November 2024 From tracking global finance commitments to advancing high-impact solutions, GCFC reinforces its role in shaping climate finance through innovation, governance, and UAE-led leadership.

As COP29 Azerbaijan in Baku comes to an end, we are reflecting on the key updates shared during Finance Day at the UAE/Climate that highlight the GCFC’s pivotal role in advancing global climate finance 🌍:

💡 Accountability & Tracking: Through a strong partnership with the Climate Policy Initiative (CPI), we are driving robust mechanisms to track progress on the Global Climate Finance Framework, and therefore setting the stage for impactful discussions under Brazil’s presidency at COP30.

⚡ Actionable Solutions: From accelerating access to clean power with transformative technologies to enhancing governance frameworks and championing innovative “venture capital” models for high-risk markets, we are shaping the future of climate finance.

🇦🇪 UAE’s Leadership in Climate Finance: The UAE is turning vision into action, with private sector-led initiatives like the UAE Climate Finance Hub driving meaningful progress towards global green growth.

📢 The conversation doesn’t stop here. Follow GCFC for updates, research, and upcoming events shaping the future of climate finance and investments.