OECD COP29 Virtual Pavilion

Accelerating credible net-zero transitions: From planning to action

Baku & onlineNov 14, 2024 | 7:45 AM - 9:00 AM

Baku & online

Description

National and international frameworks on climate transition plans developed by corporations and financial institutions have significantly increased in recent years. This increased guidance and focus on transition planning at the company level has helped fuel a recent surge in activity among corporates and financial institutions, particularly in advanced economies. This session brings together key international stakeholders to discuss what is needed to accelerate the development of transition plans, review the progress made to date and address merging challenges and potential solutions.

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Moderated by

Opening remarks 

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Speakers

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The OECD COP29 Virtual Pavilion is a contribution toNet Zero+: Building Climate and Economic Resilience

Find out more  Related resources

Green Finance and Investment

OECD Guidance on Transition Finance

This guidance sets out elements of credible corporate climate transition plans, which aim to align with the temperature goal of the Paris Agreement. Such plans are needed to address the growing risk of greenwashing in transition finance and facilitate a global, whole-of-economy climate transition.
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Green Finance and Investment

Mechanisms to Prevent Carbon Lock-in in Transition Finance

The report provides good practices on the integration of credible mechanisms to prevent carbon lock-in, address greenwashing risks and build confidence in the market. It can inform both public and private actors in the development of transition finance approaches, standards for green, transition and sustainability-linked debt, frameworks for corporate transition plans, or broader climate-related disclosure frameworks.
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