COP29 President Mukhtar Babayev attended the World Economic Forum in Davos where governments, international organisations, the private sector and civil society come together. 

At the summit, the Presidency discussed the key outcomes of COP29 and how to implement the historic commitments made in Baku. He also took the opportunity to remind all key stakeholders of the critical role they must play in tackling climate change and delivering the $1.3 trillion target set out in the Baku Finance Goal through the Baku to Belem Roadmap.

During the World Economic Forum, Mr Babayev attended important engagements to ensure stakeholders turn commitments from COP29 into action. 

Speaking engagements:

• Delivered remarks at the ‘The Road to COP30’ session hosted by the World Economic Forum on how COP29 has laid the foundations for the next decade of climate action to be faster, fairer and far-reaching;
• Delivered remarks at the High-Level Dialogue on ‘Business for COP Impact: How Business Can Complement Countries’ hosted by the World Economic Forum about the critical role businesses can play in delivering the historic $1.3 trillion target set in Baku;

Bilateral Meetings:

• Meeting with Simon Stiell, Executive Secretary of the UNFCCC to speak about implementing the historic commitments made in Baku;
• Meeting with Mr Abdel bin Ahmed Al-Jubeir, Minister of State for Foreign Affairs, Member of the Council of Ministers, and Climate Envoy for Climate Affais to reflect on the significant breakthroughs made at COP29 and both nations’ plans to scale up renewable energy investments;
• Meeting with Fatih Birol, Executive Director of the International Energy Agency to discuss important milestones in the energy transition, from methane to storage that were achieved at COP29, as well as how to drive greater investment in the clean energy transition; 
• Meeting with Sophie Hermans, Deputy Prime Minister and Minister of Climate Policy and Green Growth of the The Kingdom of the Netherlands to discuss ambitious climate goals and ongoing opportunities for multilateral climate action.

These engagements were an important part of the COP29 Presidency’s work to help all stakeholders implement the historic commitments made at COP29. At the summit, Mr Babayev reiterated to all stakeholders the importance of:

• Continual collaboration: Amidst challenges to multilateralism, the need and benefits for collaboration to address global issues such as climate change have never been greater.
• Driving delivery: The private sector has a crucial role to play in delivering the $1.3 trillion target set out in the Baku Finance Goal through the Baku to Belem Roadmap.
• Progress to prevail: Critical progress was made at COP29, however there is more to be done. The COP29 Presidency will do all it can to support Brazil in making COP30 a success.