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KPMG at COP29

Accelerating the transformation.
 

COP29 in Baku, Azerbaijan, will once again draw together world leaders, policymakers, industry innovators, and environmental activists to exchange ideas and formulate strategies to tackle climate change.

cop 29 banner

In solidarity for a green world

COP29 in Baku, Azerbaijan, will once again draw together world leaders, policymakers, industry innovators, and environmental activists to exchange ideas and formulate strategies to tackle climate change. KPMG will be at the center of the action, monitoring developments and generating regular insights and status updates.

As we approach this year’s event, please keep an eye on this KPMG COP29 resource center for resources that can help businesses better understand their nature- and climate-related risks and learn about cutting-edge sustainable practices and technologies that can increase environmental efficiency.

Every business has a part to play in reversing the catastrophic impacts of climate change, and we want to help with this critical endeavor in any way we can.

KPMG program at COP29

Register for KPMG events at COP29

Click below to view the full KPMG COP29 agenda and register for events of interest to you.

Book a meeting with KPMG at COP29

Click below to request a meeting with one of our delegates attending COP29, indicating your topic of interest. 


Accelerating the energy transition

Accelerating the energy transition is the most critical step in helping to decarbonize the global economy, and as energy demand continues to rise, the transition to clean energy solutions remains a challenge due to cost, policy and technology maturity issues. Events and thought leadership associated with this theme are outlined below:

Related events:

Flagship Event | New solutions to achieve the 2030 target of tripling global renewable energy capacity: the role of finance, technology, innovation, and AI (Flagship event)

Following our COP28 report on the key challenges of scaling renewables, this session will explore several solution areas that will help in meeting this critical climate ambition by 2030.

Green transformation: Diverging paths, common goals

Bringing together leaders from Asia, the US, and Europe, this panel discussion will look at various energy transition strategies and the role that climate finance has to play.

CCUS — Building the foundation to a net-zero future

Exploring the future of Carbon Capture, Utilization and Storage (CCUS) and its crucial role in achieving net-zero.

Coal to Renewables Transition Initiative: Supporting the World Economic Forum

As financial advisor to this WEF project, this session will include a project overview and provide an outline for the financing structures that have been developed to help achieve this global objective.

Related thought leadership:
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ACED Through AI

Looking at AI’s potential to accelerate clean energy deployment.



 

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Global ambition to triple renewable energy capacity: where are we 12 months later

Report tracking progress in renewable energy scaling in a number of key emerging market jurisdictions.

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Great expectations: Navigating the future of energy transition investments

Exploring the dynamic landscape of investments in the energy transition sector.
 

Coming soon

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Coal to Renewables Transition Initiatives

Overview of new financing structures to phase out Coal Fired Power Plants.

 

Coming soon
 


Climate finance for emerging markets

The acceleration and global impact of climate change necessitates a large-scale response, with an urgent need to fill the growing financing gap for transitioning to a low-carbon economy, enhancing climate resilience, and protecting nature, particularly in emerging markets. Events and thought leadership associated with this theme are outlined below:

Related events:

Beyond finance as usual: transitioning to a sustainable future (Flagship event)

Explore transition finance opportunities for private capital mobilization for emerging markets, including innovative financing mechanisms, partnership efforts between public, philanthropy and private sectors, as well as the key barriers to this transition.

Pull finance: Pulling innovations into emerging markets at scale

How can pull finance be leveraged to accelerate climate technology in emerging markets? Hear from a panel who will discuss how pull finance can act as an enabler for ‘pulling’ new climate solutions to market.

UNDP & KPMG joint dinner on climate finance

KPMG and UNDP bring together leaders from both the public and private sector to discuss key global challenges on climate finance. This is an invite only event.

Related thought leadership:
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UNIDO Project on Clean Energy Technologies

The Accelerate-to-Demonstrate (A2D) Facility, a collaboration between the UK Government’s Department for Energy Security & Net Zero and UNIDO, aims to accelerate the commercialization of clean energy technologies in developing countries.

 

Coming soon


Corporate decarbonization and greenwashing 

To deliver net zero by 2050, it’s clear that the corporate world should move from setting climate targets and ambitions to implementing a strategy that can help this transition. It is more important than ever to highlight the value opportunity that can arise by implementing a transition plan that creates a more sustainable future for all. Events and thought leadership associated with this theme are outlined below:

Related events:

Climate transition plans: Challenges and solutions

Join a panel of climate professionals as they look at climate transition plans, including the challenges and opportunities behind developing fit-for-purpose climate transition plans.

Greenwashing: Are your green claims robust enough to withstand scrutiny and avoid greenwashing accusations?

With sustainability and transparency at the forefront of the business landscape, the issue of greenwashing has emerged. During this session, panelists will provide their view on the trends and risks associated with greenwashing and appropriate protective responses.

Unlocking the Scope 3 opportunity — Insights from Asia Pacific

Join this panel discussion to gain insights on the Scope 3 emissions landscape in the Asia Pacific region, with real-life examples of how companies are responding to one of the defining climate challenges of our time.

Decarbonization Marketplace 

KPMG, Sustainable Energy Association of Singapore (SEAS) and Enterprise Singapore (ESG) will showcase decarbonization platform for matching projects with technology and financing.

Related thought leadership:
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From Talk to Action: Paving the way for a circular economy in the consumer goods and retail industry

Developed through extensive research and analysis, this report dives into six key areas of circularity readiness, offering a comparison of progress and identifying opportunities for improvement.

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The state of climate transition in Germany’s industrial sector today

A holistic view on where the sector stands regarding climate risks and opportunities.

 

Coming soon

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The Challenge of Greenwashing: An International Regulatory Overview

Understanding the reputational and legal risks of greenwashing for corporates and governments.


Coming soon



 

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Chasing Net Zero: Are ICT Sector Plans on Track?

A summary of Net Zero trends, risks, and opportunities for ICT companies in EMA.

 


Coming soon


 


The Climate: Food Nexus

The global food system is a significant contributor to climate change, accounting for approximately one-third of global greenhouse gas emissions. A transition to sustainable food systems is imperative for mitigating climate change, ensuring food security, and promoting human health. Events associated to this theme are outlined below:

Related events:

Green Plate for all: Decarbonizing our food systems

Aligning the SDG and Paris Agreement goals, this session will demonstrate the interconnections between climate change, food security, and human well-being, as well as the actions necessary for a more sustainable future.


Adaptation and resilience

Adapting and achieving resilience in today’s climate landscape will require coordinated action at local, national, and international levels, along with substantial investment in infrastructure. Events and thought leadership associated to this theme are outlined below:

Related events:

Innovative technology for resilient infrastructure

Accompanying the launch of a report in collaboration with ICSI, explore how digitalization and AI are driving infrastructure resilience and sustainability to support climate adaptation.

Roundtable on the economics of adaptation (with a focus on capital based measurement)

This roundtable will focus on integrating capitals accounting and valuation into adaptation project business case analysis, capital deployment, and investment: building on a dialogue between the same topic to be run at COP16.

Related thought leadership:
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Guide for adaptation and resilience finance

In collaboration with Standard Chartered Bank and UNDRR, KPMG has produced a financing roadmap, designed to galvanize funding ahead of COP29.

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Innovative technology for resilient infrastructure

In collaboration with ICSI, this report explores the role of digitalization and AI in enhancing the inclusivity, resilience and sustainability of infrastructure.

Coming soon


Other KPMG initiatives at COP29

In addition to the above themes, KPMG will also be focused on the below initiatives that can help in navigating the global climate challenge and how to achieve a just energy transition.

At KPMG, we believe much greater attention needs to be paid to the impact the climate crisis will have on global healthcare. According to the World Health Organization, the climate crisis is the single biggest threat to health, resulting in 300,000 deaths annually, and it will affect the most vulnerable in our society. Our perspective is that the impact on health will be at least as great as the financial and physical impacts of climate change. We see two key issues:

1. Health systems must adapt to climate change and become resilient, and;

2. Health systems must reduce their own emissions and contribute to global efforts.

Under the Corporate Sustainability Due Diligence Directive (CSDDD), corporates operating in the EU will need to prepare an environmental and human rights due diligence across their entire value chain from 2027 onwards.

In addition, in scope companies will need to prepare and implement a climate transition plan. Please connect with the KPMG team on the ground at COP29 to discuss the full implications of CSDDD.

During Summer 2024, KPMG’s Leaders 2050 network conducted a global survey to understand the perspectives of young professionals on climate, sustainability and social impact, their perception of business’ role and risks, and the impacts on their careers. Check out the digital experience to dive into the data, hear client stories and find more information on the Leaders 2050 network and mission. 

To explore this digital experience, click here



Explore the KPMG program at COP29

Learn more on KPMG’s program and commitment to fostering industry collaboration, understanding global issues, and championing initiatives to accelerate the transformation. 



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KPMG delegates at COP29

KPMG COP29 Global Delegation

Global COP29 Program Sponsors 

Mike Hayes
Climate Change and Decarbonization Leader,
Global Head of Renewable Energy
KPMG International

Daisy Shen
Head of Climate Change and Sustainability, and
Advisory Head of Energy and Nature Resources
KPMG in China

Climate finance

Cathy Chen
Associate Director, Infrastructure
& Climate Finance, Emerging Markets,
KPMG in the UK

John Akuoko
Head of Sustainable Finance
KPMG Africa

Ruba Amarin
Director, ESG and Clean Energy
KPMG International Development Assistance Services (IDAS) Institute

Corporate decarbonization

Simon Weaver
Global Head of ESG Advisory,
KPMG International

Maria Pilar Galan Gavila
Legal Lead, ESG
KPMG International

Nadia Montoto
Global Decarbonization Co-Lead and
Associate Director
KPMG International

Benedikt Herles
EMEA Head of ESG Insights & Innovation
Head of Country Practice Africa
KPMG in Germany

Roopa Davé
Partner, National Climate Risk Leader,
KPMG in Canada

Energy transition

Mike Hayes
Climate Change and Decarbonization Leader,
Global Head of Renewable Energy
KPMG International

Anish De
Global Head of Energy, Natural
Resources and Chemicals
KPMG International

Wafa Jafri
Partner,
Energy Deal Advisory
KPMG in the UK

Sharad Somani
Partner and Head of Infrastructure Advisory,
ASPAC Head for Infrastructure Sector
KPMG in Singapore

Nate Gabig
Partner, Deal Advisory, ESG Strategy
and Renewable Energy Finance
KPMG in the US

Adaptation and resilience 

David Greenall
Global Managing Director, Climate Risk, Decarbonization, Nature & Adaptation,
KPMG International

Sarah O’Neill
Global Decarbonization Co-Lead
and Associate Director,
KPMG International
 

Food and agriculture

Apurba Mitra
Lead, Climate Change,
KPMG in India

Kazuhiko Saito
Partner,
KPMG AZSA Sustainability Co., Ltd.

Next generation

Avery Johnstone
Global Lead, Leaders 2050
Manager, Global Decarbonization Hub,
KPMG in the UK