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Redefining Energy
159. Live from Baku Cop29. Inside the Zone: Chaos, Shock and Hope
Nov 18, 2024
Bruce Douglas, CEO of Global Renewable Alliance and TIME 100 Climate Leader, joins in Baku to unpack the chaotic yet crucial atmosphere of COP29. He discusses the pressing need for the world to triple its renewable energy sources amidst a backdrop of political mismatches and indecision. Douglas highlights Brazil's leadership in sustainable energy, the significance of recent advancements in carbon trading, and the financial hurdles facing renewable projects. The conversation emphasizes the paradox of COP discussions being both essential and ineffective in driving real change.
13:49
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Quick takeaways
- Despite COP29's reduced attendance, a positive momentum is emerging, emphasizing the urgency of aligning national plans with renewable energy commitments.
- The podcast highlights concerns over the slow translation of global renewable energy commitments into actionable plans, particularly amidst varying levels of progress among countries.
Deep dives
Insights from COP29 in Baku
COP29 in Baku has attracted around 50,000 attendees, a noticeable decrease from last year’s 85,000 at COP28. Despite the reduced numbers, the atmosphere feels intense and busy, likely due to the event’s smaller venue. The first days were influenced by the recent U.S. elections, but a positive momentum has emerged, showing a determination to progress discussions. The organization of the event has been well-received, particularly by the Global Renewables Alliance and IRENA, which have set up a notable presence in the Blue Zone.
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Discover
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