14.10.2024 | Events | Nefco general
Our programme at COP29
We welcome you to join our side events in connection to the 2024 UN Climate Change Conference COP29, which will be arranged in Baku, Azerbaijan from 11-22 November 2024. The events will bring together key climate and green finance actors and spark up discussion on accelerating the global green transition with Nordic solutions.
In Baku, Nefco events will be organised at the COP29 Venue, in the Nordic Pavilion, unless otherwise stated. Online streaming will be available for most events.
All times are GST (GMT+4).
All events arranged at the Nordic pavilion are live streamed here.
14 November 2024
11:00-12:00 (GST)
Global Electric Cooking Coalition (GeCCo): Country Action Spotlights
Location: COP29 venue, Blue Zone, SDG7 Pavilion (G12a)
Organised by: Global Electric Cooking Coalition (GeCCo)
13:00-13:45 (GST)
Future growth scenarios in the clean cooking sector – Role of carbon finance to scale up activities
Location: COP29 venue, Blue Zone, Nordic Pavilion (C13) + Online streaming
Organised by: Nefco & Modern Cooking Facility for Africa
Responsible carbon finance can enhance project economics and unlock new opportunities for commercial lending and other funding streams in the clean cooking sector, accelerating the scale-up of high-technology clean cooking solutions to strengthen climate resilience in Africa, achieving significant health outcomes and empowering women and girls. The event is organised by Modern Cooking Facility for Africa (MCFA), a results-based financing programme supporting scale up of high-technology clean cooking solutions. Read more on the MCFA website.
The Modern Cooking Facility (MCFA), managed by Nefco and funded by Sweden, Norway and the European Union, supports the creation of new markets for modern clean cooking solutions and implementation of national clean cooking strategies in Sub-Saharan Africa.
17:00-18:00 (GST)
Nordic finance reception
To wrap up the Finance day on 14 November the three Nordic financial institutions, Nefco – the Nordic Green Bank, the Nordic Development Fund (NDF) and the Nordic Investment Bank (NIB) invite to a reception at the Nordic Pavilion. Relaxed networking and opportunity to reflect on the discussions of the Finance day. Snaks and drinks will be served and no pre-registration is required.
Location: COP29 venue, Blue Zone, Nordic Pavilion (C13)
Organised by: Nefco, Nordic Investment Bank (NIB), the Nordic Development Fund (NDF)
17:00-18:00 (GST)
E5P climate financing for Ukraine, Moldova, Armenia, Azerbaijan and Georgia Celebrating 15th Anniversary of the Eastern Europe Energy Efficiency and Environment Partnership (E5P)
Location: COP29 venue, Blue Zone, Swedish Pavilion (C17)
Organised by: E5P, Sweden, EBRD
The E5P Fund has helped to co-finance over 50 climate mitigation projects in the EU Eastern Partnership region thanks to generous grant assistance from the European Union, as the
largest contributor, Sweden as the largest bilateral donor, and 23 other donor governments. The projects are implemented by partner International Financial Institutions such as the EBRD, EIB, CEB and Nefco. The E5P is focused on energy efficiency and critical municipal infrastructure, which is particularly relevant for Ukraine and Moldova in the current times of war and its impacts on the region.
15 November 2024
9:00-10:00 (GST)
Renewables based clean cooking: An opportunity for climate and development
Location: COP29 venue, Blue Zone, UNIDO Pavilion (A7)
Organised by: International Renewable Energy Agency (IRENA)
The session will explore the collective role of renewables in the clean cooking transition and achieving net zero emissions from cooking by 2050. Taking a holistic view of all renewables that are currently in use.
Read more about IRENA’s events at COP29 here.
12:45-13:45 (GST)
Leaving no one behind: Renewable energy solutions for remote and underserved communities
Location: COP29 venue, Blue Zone, Canada Pavilion (I4)
Organised by: Natural Resources Canada (NRCan) and International Renewable Energy Agency (IRENA)
The event will cover innovative financing tools and business and delivery models to support the transition of remote communities to renewable energy. It will delve into the latest renewable energy technologies and strategies for decentralised solutions.
Read more about IRENA’s events at COP29 here.
16:00-16:45 (GST)
Scaling up clean off-grid energy access – Over 2 million lives impacted so far in Sub-Saharan Africa
Location: COP29 venue, Blue Zone, Nordic Pavilion (C13) + Online streaming
Organised by: Nefco & Beyond the Grid Fund for Africa
Results-based financing has effectively accelerated access to clean energy in rural areas and supported Africa’s green transition and technological innovation. What are the opportunities and challenges of scaling the off-grid sector in the future? The event will focus on impacts achieved so far and the best way to drive private sector growth. The event is organised by Beyond the Grid Fund for Africa (BGFA), a results-based financing programme accelerating energy access to underserved populations in Sub-Saharan Africa. Read more on the BGFA website.
The Beyond the Grid Fund for Africa is managed by Nefco and funded by Sweden, Denmark, Norway and Germany. The programme has today a portfolio of some 30 companies with the aim to create access to electricity for up to 8.7 million people in Sub-Saharan Africa by 2029.
18:30-20:00 (GST):
Nordic perspectives: Paving the way to mobilise climate finance – UNFCCC official side event
Location: UNFCCC Side Event Room 1
Organised by: the Nordic Council of Ministers (NCM), the Nordic Development Fund (NDF), Nefco, the Nordic Investment Bank (NIB), Perspectives Climate Group
The Nordic countries have a long tradition of supporting climate finance and advancing the green transition. This event explores the best climate solutions in finance both in the region and beyond. Nefco, NIB and NDF pave the way towards a more sustainable world with Nordic financing solutions.
The event will foster dialogue on Nordic perspectives in climate finance, structured in two parts. The first dialogue of the session focuses on the green transition in the region, highlighting the Nordic countries’ examples of the green transition is achievable through policies and innovation, leading to a decoupling of emissions from economic growth. By
pioneering the “polluter pays” principle, promoting renewable energy, and establishing green financing structures, the Nordics demonstrate that environmental stewardship and economic growth can coexist. The second segment of the event will focus on climate financing beyond the Nordics and the global impact. Given the serious shortfall in climate finance, more efficient mechanisms are needed to mobilise investments, especially in emerging and developing markets. We will present our activities and funding sources—from international public finance to private sector finance—and how these can be blended to achieve climate adaptation and mitigation goals.
Exhibit at COP29
Nefco, the Nordic Council of Ministers, the Nordic Development Fund (NDF) and the Nordic Investment Bank (NIB) will present their activities at the exhibit between 11-16 November. We invite you to visit us at booth number 2!
The Nordic Co-operation at COP29
Read more about the Nordic presence at COP29 at www.norden.org/cop29.
The Nordic Pavilion, hosted by the Nordic Council of Ministers, demonstrates the Nordic path to a climate neutral and socially sustainable future. Check the Nordic COP29 programme here and follow live streaming from the Nordic pavilion here.
Meet our Nefco staff present in Baku
