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MOTION FOR A RESOLUTION (2024/2718(RSP))

On the UN Climate Change Conference 2024 in Baku, Azerbaijan (COP29)

B-10-2024-0156

on behalf of the Committee on the Environment, Public Health and Food Safety · Rapporteur: Antonio Decaro, Lídia Pereira, Javi López, Emma Wiesner, Lena Schilling, Nikolas Farantouris

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Written by a language model from the full text only; every figure comes from the text. The paragraph links open the paragraph a statement rests on — check the text itself before relying on it.

Parliament's resolution on COP29 calls for ambitious global climate action, including stronger NDCs, a new collective quantified goal on climate finance, and the phase-out of fossil fuels. It urges the EU to lead by example, adopt a science-based 2040 target, and implement existing legislation, while addressing adaptation, loss and damage, and the triple planetary crisis. It also demands respect for human rights in Azerbaijan, transparency in COP processes, and the inclusion of all stakeholders, including women and youth.

Key points

  1. Welcomes the first global stocktake outcome and urges all Parties to peak emissions by 2025 and reduce GHG emissions by 43% by 2030 and 60% by 2035 relative to 2019.
  2. Calls on all Parties to submit ambitious NDCs for 2035 with economy-wide absolute targets, and on the Commission to propose separate sub-targets for gross reductions, land-based and technological removals.
  3. Urges agreement on robust Article 6 rules ensuring environmental integrity, preventing double counting, and excluding emissions avoidance from credits.
  4. Calls for a post-2025 new collective quantified goal on climate finance based on a broadened contributor base, prioritizing grants, and addressing mitigation, adaptation and loss and damage.
  5. Urges the phase-out of fossil fuels, ending EU imports of Russian fossil fuels, and phasing out fossil fuel subsidies with concrete plans and timelines.
  6. Calls for a European climate adaptation plan, national adaptation plans by 2025, and implementation progress by 2030, with focus on vulnerable communities.
  7. Welcomes the loss and damage fund and calls for its operationalisation, with funding from diverse sources, prioritizing grants, and contributions from all major emitters.
  8. Demands that Azerbaijan release political prisoners and respect human rights, and that COP29 host country agreement guarantee full participation and be made public.
  9. Calls for an accountability framework to protect UNFCCC from undue influence, and expresses concern over conflicts of interest in COP presidencies.
  10. Urges the EU to adopt a science-based 2040 climate target and implement existing legislation to achieve at least 55% net reduction by 2030.
  11. Stresses the need to address interlinked crises of climate change, biodiversity loss and pollution, including through nature-based solutions and water resilience.
  12. Calls for gender equality in climate action, including gender parity in delegations and gender-responsive finance and disaster risk reduction.

Who is affected

  • All Parties to the UNFCCC, especially major emitters and G20 countries, are urged to increase ambition and implement climate action.
  • Developing countries, particularly least developed countries and small island developing states, are to receive increased climate finance and support.
  • Azerbaijan as COP29 host is called on to respect human rights and ensure participation.
  • EU institutions and Member States are urged to lead by example, phase out fossil fuels, and implement climate legislation.
  • Industries and SMEs are to be supported in the transition, with access to finance and innovation.

Figures and deadlines

  • 43% reduction in GHG emissions by 2030 and 60% by 2035 relative to 2019 levels.
  • USD 115.9 billion in climate finance provided by developed countries in 2022.
  • Over USD 1 trillion annually needed up to 2030 for climate finance.
  • EUR 123 billion in fossil fuel subsidies in the EU in 2022.
  • More than EUR 400 million pledged by EU and Member States for loss and damage fund.
  • 2,400 fossil fuel lobbyists accredited at COP28.