The PRI will attend New York Climate Week, COP16, and COP29 to promote sustainable investment and advocate for ambitious climate action. Key objectives include supporting an enabling policy environment, enhancing investor ambitions for net zero, and encouraging regional climate initiatives. These conferences play crucial roles leading to COP30 in Brazil, where countries will have the opportunity to improve their climate strategies.
In September, the Principles for Responsible Investment (PRI) participated in New York Climate Week and will subsequently attend COP16 in Cali, Colombia, from October 21 to November 1, and COP29 in Baku, Azerbaijan, from November 11 to 22. The events aim to foster discussions around climate action and the upcoming roadmap to COP30 in Brazil in November 2025, where nations will be required to update their climate action strategies to address emissions effectively. PRI is committed to three core objectives leading to COP30: creating a supportive policy environment for sustainable investment, enhancing investor ambitions regarding net zero and climate adaptation, and encouraging regional actions focused on climate and nature. New York Climate Week serves as an essential platform, uniting global leaders and innovators to explore pathways to achieve climate goals. The forthcoming COP16 emphasizes the implementation of the global biodiversity framework adopted in late 2022, while COP29 will focus on enhancing national commitments to climate action. PRI aims to leverage its attendance at these conferences to advocate for ambitious climate policies and to facilitate financing flows that support climate-positive initiatives. Several noted events will occur during COP16, including discussions on financing nature conservation and overcoming policy challenges in biodiversity efforts, which will engage multiple stakeholders across sectors including finance, government, and civil societies. Last, to tailor future content to stakeholders’ needs, PRI encourages interested parties to complete a registration form indicating their participation in these events.
The article discusses the participation of the Principles for Responsible Investment (PRI) in significant climate conferences: New York Climate Week, COP16 in Colombia, and COP29 in Azerbaijan. These events are set against the backdrop of escalating climate change impacts globally, necessitating international cooperation and ambitious action. PRI aims to align its strategic objectives with the objectives of these conferences to support the transition toward net zero emissions, promote biodiversity protection, and facilitate responsible investments. Of particular note is the impending COP30, to be hosted in Brazil, which will require countries to revise their Nationally Determined Contributions (NDCs) as part of their climate commitments.
In summary, the PRI is actively engaging in key global climate dialogues to promote sustainable investment and effective action against climate change. Its objectives surrounding COP30 highlight a commitment to fostering an enabling policy environment, enhancing investor ambitions, and driving regional actions focused on both climate change and biodiversity. Participation in COP16 and COP29 will further these aims, demonstrating PRI’s leadership in advocating for systemic changes necessary to meet global climate targets.
Original Source: www.unpri.org