KPMG at COP29

Accelerating the energy transition is a critical step in helping to decarbonize the global economy. However, as energy demand continues to rise, the transition to clean energy remains a challenge due to cost, policy, technology maturity issues and the current AI revolution,

At COP29, KPMG will be focusing on a solutions-oriented approach to the energy transition. In particular, KPMG believes a greater understanding of the real-world challenges impacting the scaling of renewables is needed if the global climate ambition of trebling renewables by 2030 onwards is to be achieved.

Please stay tuned for KPMG COP29 events and thought leadership related to this theme.

As the pace of climate change accelerates and its impacts arise across the globe, the urgency to respond at scale to the magnitude of the climate and environmental challenge becomes increasingly clear. There is a large and growing gap for financing the transition to a low-carbon economy, delivering climate resilience and protecting nature. This requires an urgent and concerted response and KPMG is particularly committed to supporting the acceleration of private capital for climate action, specifically in emerging markets, to support the capital being provided by multilateral institutions and other concessional funds.

Please stay tuned for KPMG COP29 events and thought leadership related to this theme.

One of the main challenges being faced by the corporate world is the move from setting climate targets and ambitions to implementing a strategy that can deliver net zero by 2050. With this, comes a multitude of issues, including technological challenges, people and operational challenges, and the costs involved in implementing some of these solutions. The risk of greenwashing is leading to additional pressures, as a result of the increased scrutiny from various parts of society on the climate ambitions set by corporates. It is now more important than ever to highlight the value opportunity that can arise by implementing a transition plan that creates a more sustainable future for corporations.

Please stay tuned for KPMG COP29 events and thought leadership related to this theme.

The global food system is a significant contributor to climate change, accounting for approximately one-third of global greenhouse gas emissions. At the same time, the world faces a growing population and increasing demand for nutritious food, presenting a critical challenge: how to feed a growing population without intensifying climate change.

A transition to sustainable food systems is imperative for mitigating climate change, ensuring food security, and promoting human health. By focusing on decarbonization, we can reduce greenhouse gas emissions, improve agricultural productivity, and build more resilient food systems.

Please stay tuned for KPMG COP29 events and thought leadership related to this theme.

KPMG is committed to supporting international efforts on adaptation and resilience, and to helping reduce the vulnerability of all communities navigating the current and expected impacts of climate change. Adaptation and resilience will require efforts at local, national, and international levels. This will likely necessitate significant investment in infrastructure, which, in turn, presents one of the greatest challenges on the climate change agenda. During the past 12 months, KPMG, Standard Chartered Bank, and UNDRR produced the landmark Guide for Adaptation and Resilience Finance to galvanize vital funding efforts ahead of COP 29.

Please stay tuned for KPMG COP29 events and thought leadership related to this theme.