Interpeace will participate at COP29 in Baku, Azerbaijan to spark innovative thinking around peace-positive climate adaptation and mitigation approaches to unlock greater climate action and finance in conflict-affected and fragile contexts.

Developing countries and conflict-affected areas bear the brunt of climate risks. Yet, only 20 to 25% of the $1.5 trillion in climate investments needed are funded, and development finance is providing less than 6% of the rate required.

The Peace, Relief, and Recovery Day on 15 November is a key opportunity to ignite policy and advocacy around the climate-peace nexus, including initiatives such as the Call on Climate Action for Peace, Relief and Recovery endorsed by Interpeace, and the Baku Climate and Peace Action Hub announced by the COP29 Presidency.

Highlights of the delegation’s activities in Baku include a panel organised jointly with the IOM on November 13, focusing on the need to strengthen partnerships between development finance institutions, the UN, and peacebuilding actors, to extend the reach of climate finance in countries most impacted by climate shocks and conflict. With the ISO, we will also advocate for the importance of positioning international standards as essential tools to ensure policy alignment, facilitate global cooperation, and enable collective action on critical issues.

Interpeace will engage bilaterally with member-states, multilateral climate funds and development finance actors, the private sector and impact investors, and civil society representatives to explore concrete ways to operationalize the pledges, regional and cross-regional initiatives recognising the interlinks between climate and peace, such as the landmark Declaration on Climate, Relief, Recovery and Peace launched at COP28 in the presence of Interpeace President Itonde Kakoma.

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