The Climate Funds @ COP29

Delivering finance for climate action

The Climate Funds support country-owned climate action.

Successful global climate action starts at the local level. The Climate Funds are making this action a reality by supporting urgently needed, country-driven efforts to mitigate and adapt to climate change.

The 29th Conference of the Parties (COP29)

the global decision-making body of the UN Framework Convention on Climate Change (UNFCCC), will be held in Baku, Azerbaijan.

11 - 22 November 2024

Visit us

at the Climate Funds Pavilion in Baku to learn how our innovative financing solutions and transformative projects are fostering innovation and scaling solutions to enable developing countries to meet their climate aspirations.

The Adaptation Fund,
Climate Investment Funds,
Global Environment Facility and
Green Climate Fund
will be at COP29 in Baku, Azerbaijan,

Where: The Climate Funds Pavilion,
Blue Zone, Zone E, pavilion D10

When: 11 - 22 November 2024

Who: Anyone with access to the Blue Zone

For more information:

Check the pavilion programme

Join our experts

to explore how collaborative investments and strategic partnerships can empower nations to implement sustainable practices, advance green technologies, and foster resilient communities.

What’s happening at our pavilion?

Visit us at the Climate Funds Pavilion, where our experts engage in a wide range of events on critical climate change themes, including gender, nature-based solutions, adaptation and resilience, indigenous peoples, and more. Additionally, there will be signing ceremonies, launches, and announcements. Be part of our discussions and initiatives!

Agenda

Click here to see the full list of events

Take a look and participate in our joint events on the following themes:

14 November	11:00 - 12:30	Delivering climate finance directly to Indigenous Peoples and local communities In this session, multilateral climate funds will outline their strategies to partner with Indigenous Peoples and local communities. Indigenous and local community leaders will then share their experiences with direct climate finance. They will lay out their vision for innovative ways to mobilize new sources of financing for nature, scale up successful climate action, and empower local leaders.
14 November	13:15 - 14:45	Innovative financing mechanisms
15 November	13:15 - 14:45	Decarbonizing industry: Practical insights and financing pathways This exchange among multilateral climate funds will focus on practical solutions, collaborative avenues, actionable strategies, and resource mobilization opportunities to build momentum and pilot industrial decarbonization efforts worldwide.
16 November	13:15 - 14:45	Nature-based solutions
18 November	13:15 - 14:45	Independent units
19 November	13:15 - 14:45	Investing in Mitigation: Accelerating a green and resilient economy Discover how the four largest climate funds in the world are uniquely contributing to climate mitigation through innovative financing mechanisms and complementarity and coherence to build a green and resilient future for the developing countries we serve.
20 November	13:15 - 14:45	Adaptation and resilience
21 November	13:15 - 14:45	Advancing gender equality and women’s empowerment in climate finance This forward-looking session aims not only to broaden understanding on the progress on gender equality and available support on gender-related work within the four funds, but also to have an interactive session between the speakers and audience to exchange views to further the goal of gender equality in climate finance.

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#Finance4Climate

Since 2010, the Adaptation Fund has committed over US$ 1.2 billion for climate change adaptation and resilience projects and programs, including over 175 concrete, localized projects in the most vulnerable communities of developing countries around the world with 46 million total beneficiaries. About half of its projects are in Least Developed Countries or Small Island Developing States. It also pioneered Direct Access and Enhanced Direct Access, empowering countries to access funding and develop local projects directly through accredited national implementing entities and was the first climate fund to fully operationalize the global principles of Locally Led Adaptation. Learn more

It operates exclusively through six AAA-rated multilateral development banks, providing large-scale, low-cost, long-term financing to reduce risks and costs of climate investment. So far, 15 contributor countries have pledged over US$12 billion, unlocking more than $64 billion in additional financing across over 80 countries. CIF's country-led, flexible, and inclusive approach has successfully built track records in unproven green markets, incentivized governments to make bold investment decisions, and crowded in additional sources of finance for pioneering climate solutions. Learn more

Its financing enables developing countries to address complex challenges and work towards international environmental goals. The partnership includes 186 member governments as well as civil society, Indigenous Peoples, women, and youth, with a focus on integration and inclusivity. Over the past three decades, the GEF has provided more than $25 billion in financing and mobilized $145 billion for country-driven priority projects. The family of funds includes the Global Environment Facility Trust Fund, Global Biodiversity Framework Fund (GBFF), Least Developed Countries Fund (LDCF), Special Climate Change Fund (SCCF), Nagoya Protocol Implementation Fund (NPIF), and Capacity-building Initiative for Transparency Trust Fund (CBIT). Learn more

GCF has a portfolio of USD 15 billion (USD 58.7 billion including co-financing) delivering transformative climate action in more than 130 countries. The GCF readiness programme builds capacity and helps countries develop long-term plans to fight climate change. GCF is an operating entity of the financial mechanism of the United Nations Framework Convention on Climate Change (UNFCCC) and serves the 2015 Paris Agreement, supporting the climate goals. Learn more. Learn more