Press releases,Press release – COP29: MEPs set out their vision ahead of this year’s global climate talks

Press release – COP29: MEPs set out their vision ahead of this year’s global climate talks


Brussels, 23 February 2023

Ahead of this year’s UN Climate Change Conference (COP29), taking place in the United Arab Emirates in November and December, the European Parliament adopted a resolution setting out its priorities and expectations for the summit.

In the resolution, adopted by 482 votes to 130 with 82 abstentions, MEPs outline their vision for a successful COP29, calling for concrete actions and commitments from all parties to tackle the climate crisis.

“With COP29 on the horizon, the time for talking is over. We must now act to address the climate emergency with the urgency it deserves. MEPs are sending a clear message: the EU must continue to lead the way, but we must also ensure that other major emitters step up to the plate,” said Pascal Canfin (Renew Europe, FR), Chair of the Parliament’s Environment Committee.

MEPs call for:

  • Increased ambition on emissions reduction: All countries to align their commitments with the 1.5°C temperature goal of the Paris Agreement and submit ambitious nationally determined contributions (NDCs) ahead of COP29.
  • A global carbon market: A fair and effective global carbon market mechanism that promotes sustainable development and ensures environmental integrity.
  • Scaling up climate finance: Developed countries to meet and exceed their commitment to provide $100 billion annually in climate finance to developing countries, with a focus on adaptation and resilience.
  • Loss and damage: Establishment of a financial mechanism to address loss and damage caused by climate change in developing countries, in addition to existing climate finance commitments.
  • Just transition: A fair and equitable transition to a climate-neutral economy, leaving no one behind and creating decent green jobs.

MEPs also stress the need for the EU to continue playing a leadership role at COP29, and call on the Commission to present a comprehensive EU strategy for the summit.

“COP29 is a crucial opportunity for the world to come together and take decisive action on climate change. The EU must seize this opportunity to push for ambitious outcomes and demonstrate its commitment to global climate leadership,” concluded Canfin.


Background

The 29th session of the Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change (UNFCCC) will take place in Dubai, United Arab Emirates, from 30 November to 12 December 2023.

The COP is the supreme decision-making body of the UNFCCC, which is the main international treaty on climate change. The COP brings together representatives from all countries that have signed the UNFCCC to assess progress in dealing with climate change, and to make decisions on how to address it.

The EU has been a leading force in international climate negotiations, and has consistently called for ambitious action to tackle climate change. The EU’s climate and energy policies are among the most ambitious in the world, and the EU is committed to achieving climate neutrality by 2050.


Press release – COP29: MEPs set out their vision ahead of this year’s global climate talks

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