THE Conference of the Parties (COP), also known as Climate Conference, is the leading global event on climate change. Held annually since 1995, under the United Nations Framework Convention on Climate Change (UNFCCC), the COP brings together representatives of countries and territories to discuss strategies that combat global warming, reduce greenhouse gas emissions, and promote a sustainable future.
Main objectives of the COP
THE Climate COP is a conference to coordinate global efforts around sustainability. Its main objectives include:
- Reduce Greenhouse Gas (GHG) emissions: set global targets to reduce emissions of CO₂, methane and other gases that contribute to global warming;
- Limit global warming: implement strategies to keep global temperature rise below 2°C, with efforts to limit it to 1.5°C compared to pre-industrial levels;
- Climate finance: ensure that developing countries have access to financial and technological resources to implement mitigation and adaptation actions;
- Encourage international cooperation: facilitate the creation of multilateral agreements involving governments, companies and civil society;
- Monitor progress on climate commitments: regularly assess each country’s climate commitments to ensure transparency and accountability.
Importance of the Climate Conference
THE COP is the leading global forum for discussing and implementing climate actions. Its relevance lies in its ability to bring together representatives from all over the world to align strategies and solutions to face environmental challenges.
Three decades ago, the COP has been the scene of historic agreements such as:
- Kyoto Protocol (1997): the first global treaty to reduce greenhouse gas emissions.
- Paris Agreement (2015): international commitment that aims to limit the increase in global temperature and strengthen capacities to adapt to climate change.
These achievements reflect the importance of COP as a catalyst for global collaboration, essential to mitigate the effects of climate change and promote a low-carbon economy.
How does the Climate COP work?
THE COP takes place annually and each edition is organized by a host country in partnership with the UNFCCC Secretariat. Each conference is divided into two main areas:
- Blue Area: exclusive space for official negotiations between country delegates, accredited NGOs and other observer entities. It is also the place where the country pavilions are located and where the local organizer's events and other parallel activities are held;
- Green Zone: open area for parallel events, workshops and exhibitions promoted by NGOs, companies and academic institutions. It is a space to engage different sectors in the climate agenda.
Who participates in the COP?
THE COP The COP brings together a diversity of accredited participants, divided into three main categories:
- Representatives of the Parties to the Convention and observers from States – official representatives who have decision-making power in negotiations;
- Observer organizations – NGOs, academic institutions and entities that monitor and contribute to technical and political discussions;
- Members of the press ? journalists accredited to cover the event and publicize its agenda.
Brazil at COP
The Brazil plays a strategic role in global climate negotiations due to its biodiversity unique and relevant in environmental conservation. Furthermore, the country assumes an important role as a mediator between emerging countries and developed countries, highlighting the importance of financing actions to preserve the Amazon and other biomes.
In addition to projects and discussions, COPs are important for the Brazil as they are the ideal environment for capturing resources and unlocking financing for the protection funds biodiversity of the country.
COP 30
In 2025, the city of Belém will host the COP 30, the first conference held in the Amazon. This event represents a historic opportunity for the Brazil reaffirm its global leadership role in climate negotiations. The event will allow the country to showcase its efforts in areas such as renewable energy, biofuels and low-carbon agriculture.
In addition, it is common for host countries to bring visibility to agendas that they consider important. The expectation is that the conference will discuss topics such as reduction of greenhouse gas emissions, a adaptation to climate change, O climate finance, to the renewable energy technologies and low carbon solutions, a preservation of forests and biodiversity, climate justice and the social impacts of climate change.
Sitawi at COP
THE Sitawi Finanças do Bem is an organization that builds the financial infrastructure necessary for the growth of impact economy. Since COP 27, in 2022, the organization will monitor the event to understand global goals and contribute to the design of solutions that drive a fairer and more sustainable economy for people and nature.
Specialist in the development of financial solutions for biodiversity conservation and tackling climate challenges, Sitawi also stands out in conducting economic, financial and socio-environmental studies and analyses. Its goal is to transform knowledge into practical solutions and influence decision-making processes. In addition, it facilitates access to financial resources for impact organizations and translates complex economic concepts for those on the front lines of socio-environmental transformation.
