On day four of COP29, significant developments emerged as delegates engaged in intense negotiations aimed at finalising the rules for carbon markets under Article 6 of the Paris Agreement. Discussions focused on enhancing transparency and accountability in emissions reporting, with several countries proposing new frameworks to ensure compliance - these included:

  1. Germany: Germany pushed for a robust accountability mechanism that would require nations to adhere to rigorously defined reporting standards to enhance transparency in emissions data.

  2. Canada: Canada proposed an innovative framework that integrates advanced technology and satellite monitoring to improve real-time emissions tracking and accountability.

  3. Brazil: Brazil introduced a plan aimed at strengthening the role of regional agreements in emissions reporting, emphasizing collaborative efforts among neighbouring countries to ensure compliance and accuracy.

  4. India: India called for a standardised methodology for emissions reporting, which would provide consistency across nations and improve reliability in submitted data, thus fostering trust among countries.

  5. Japan: Japan suggested a tiered approach to compliance, where countries would be classified based on their emissions levels, allowing for tailored support and guidelines to improve reporting practices.

These proposals reflect a growing consensus that improved frameworks for emissions reporting are crucial to achieving meaningful climate commitments.

Over in the Delegation Pavilions, nations continue to showcase their climate actions and strategies, where the emphasis has been on collaborative efforts and the sharing of best practices aimed at mitigating climate change and adapting to its impacts.

In the UK pavilion, discussions centred around integrating SDG5 (Gender) and SDG 7 (Energy) in achieving gender equality for a successful energy transition. Other events showcased renewable energy innovations, with presentations highlighting advances in offshore wind technology and energy storage solutions. Stakeholders underscored the importance of transitioning to a low-carbon economy and the role of governmental policy in facilitating investment and research in clean technology.

The African Union pavilion featured a series of sessions dedicated to climate resilience in agriculture. Leaders discussed the critical need for financial support for sustainable farming practices and the integration of traditional knowledge with modern techniques to ensure food security and resilience against climate impacts. There was also a discussion on improving the carbon market across the continent.

The Japanese pavilion highlighted advancements in climate technology, particularly around carbon capture and storage (CCS). Experts presented findings demonstrating the potential of CCS to significantly reduce emissions from industrial sectors, while also emphasising the importance of international cooperation in technology transfer.

Speeches from world leaders at yesterday’s session can be found here, from the Associated Press:

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Day 5 at COP29

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Day 3 at COP29