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ARTICLE · 27 JANUARY 2025

KPMG COP29

COP29 took place in Baku, the capital of Azerbaijan, from November 11 to 22, 2024.

TurkeyEnergy and Natural Resources

COP29 took place in Baku, the capital of Azerbaijan, from November 11 to 22, 2024.

What is COP?

The Conference of the Parties (COP) is the highest decision-making body of the United Nations Framework Convention on Climate Change (UNFCCC). The meetings are held to review the implementation of the convention, assess the impacts of the measures taken, and examine the national contributions (NDCs) and emissions inventories of the party countries.

The Kyoto Protocol, established at COP3 in 1997 and entered into force in 2005, and the Paris Agreement, signed at COP21 in 2015, are some of the major international agreements created at COP meetings to combat climate change. COP negotiations provide an important platform not only for monitoring decisions made in the fight against climate change but also for governments, civil society, the private sector, and other stakeholders to come together and generate concrete solutions. Each COP serves to create sustainable action

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