#COPerspectives

 As COP29 unfolds in Baku, the world once again turns its attention to the state of our global climate efforts. It’s been nearly a decade since the Paris Agreement was signed, aiming to cap global warming below 2°C by mid-century, and many questions remain on whether we’re any closer to that target. 

This year’s United Nations Climate Change Conference takes place from 11-22 November in Baku, Azerbaijan and has been dubbed an ‘enabling COP’, a crucial moment to assess progress, with a spotlight on the vital role of climate finance. COP30 in Belém, Brazil, will focus on establishing a New Collective Quantified Goal (NCQG) for Climate Finance targeting $100 bn annually to ensure momentum for robust climate commitments in COP30. 

This question frames #COPerspectives, exploring the tangible shifts – or lack thereof – in global climate policy. From climate finance to energy transition, COP29 is both a reality check and an opportunity to recalibrate. As countries discuss a new collective climate finance goal and how to make a true impact on emissions, the stakes have never been higher. Will pledges materialise into action, or are we simply treading water as climate risks escalate? 

#COPerspectives will delve into these pillars, examining how they align with a Renewed Social Contract for Europe, specifically in line with our 10 Policy Choices for a Renewed Social Contract: 

• Policy Choice 2: Accelerate carbon reduction 
• Policy Choice 4: Foster inclusive and sustainable growth 

Stay tuned for updates and join the #COPerspectives discussion. 

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