EESI press release on the 2024 UN climate summit (COP29) outcomes.

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The Environmental and Energy Study Institute (EESI) will hold a press conference on Wednesday, November 20, 2024, during the U.N. climate summit in Baku, Azerbaijan (COP29) at 1:30 p.m. local time in Baku (4:30 a.m. EST). Speakers will share observations of the negotiations and other key happenings at COP29 and what it means for climate action in the United States.

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The Environmental and Energy Study Institute (EESI) will hold a press conference on Friday, November 15, during the U.N. climate summit in Baku, Azerbaijan (COP29) at 3:30 p.m. local time in Baku (6:30 a.m. EST). Speakers will share observations of the negotiations and other key happenings at COP29 and what it means for climate action in the United States.

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"World leaders at COP28 have put us on course for decarbonized, clean energy by mid-century, which is essential to limit the global temperature increase to 1.5°C (2.7°F),” said Environmental and Energy Study Institute President Daniel Bresette. “The momentum for climate action is undeniable. The United States must demonstrate leadership by rapidly and fully implementing the Inflation Reduction Act and Infrastructure Investment and Jobs Act, enacting new policies, and making new investments in equitable climate solutions that match the ambition to achieve net-zero greenhouse gas emissions by 2050."

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"The U.N. climate summit ended on a surprisingly—but not entirely—positive note, which was not a guaranteed outcome by any means," said Environmental and Energy Study Institute Executive Director Daniel Bresette, who attended COP27. "Most importantly, the wealthy nations of the world, including the United States, agreed to help vulnerable developing countries cover some of the unavoidable costs resulting from climate change—known as loss and damage.

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“The Senate ratification of the Kigali Amendment on a bipartisan basis is a major, long-overdue step forward in climate action,” said EESI Executive Director Daniel Bresette. “The Kigali Amendment will help us prevent up to half a degree Celsius of warming this century and promote the competitiveness of American-made heating, cooling, and refrigeration equipment in global markets.”

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The Biden-Harris Administration unveiled America’s new greenhouse gas emission reduction commitments as part of its contribution to the Paris Agreement, which seeks to keep global warming significantly below 2 degrees Celsius (3.6 F). The United States, which announced it would rejoin the Paris Agreement on President Biden's first day in office, has pledged to reduce its greenhouse gas emissions by more than 50 percent from 2005 levels by 2030. "The Biden-Harris Administration means business,” said EESI Executive Director Daniel Bresette, welcoming the news. “Meeting this new goal will make a significant contribution to the global fight against climate change. It is much more ambitious than America's initial goal to cut emissions by 26 to 28 percent by 2025. Other countries, including China, Britain, and the members of the European Union, have also raised their ambitions in the runup to the next U.N. climate summit this year. I am more optimistic than I have been in a long time.

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The Environmental and Energy Study Institute's executive director, Daniel Bresette, welcomed President Joe Biden's executive order marking the return of the United States to the Paris Agreement. It was one of Biden's first actions as president following his inauguration today.

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EESI Executive Director Daniel Bresette: “The United States formally withdrew from the Paris Agreement today, the only nation—out of 196—to do so. Climate change is real and we are already feeling the effects of it across the United States. The longer we wait to get serious about climate change, the harder, more disruptive, and costlier it will be to curb temperature rise to 1.5 degrees Celsius. States and cities are doing their best to keep up, but we need the federal government to be part of the effort. We should be leading, but instead we are retreating.”

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The Environmental and Energy Study Institute (EESI) regrets the limited decisions reached at the U.N. climate negotiations in Madrid. Representatives from almost 200 nations met at the 25th Conference of the Parties of the U.N. Framework Convention on Climate Change (COP25) to address issues left undecided in the Paris Agreement Rulebook, which was developed at last year’s meeting in Poland. The negotiations in Madrid centered on devising a framework for international carbon markets under Article 6 of the Paris Agreement.

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