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As the world grapples with new challenges and opportunities, political and business leaders need to navigate shifting dynamics. That’s why Global Summit is convening today, at the Chamber’s historic Washington, DC headquarters, to explore the evolving global landscape and the industries shaping solutions for tomorrow.
This year’s COP29 meeting marks the midpoint between the signing of the Paris Agreement and its next scheduled step in 2020, when countries are expected to bolster their commitments. A critical moment during the two-week event will be the first Global Stocktake, where delegates will evaluate whether countries are on track to meet their Paris targets and what steps can be taken to accelerate progress.
But the gathering of government leaders, industry luminaries, and climate activists will be teeming with participants whose agendas are at odds with climate justice. Thousands of fossil fuel lobbyists, along with the heads of oil giants such as Shell and BP, are expected to attend, and have used previous summits to advance their interests, opposing essential efforts to phase out fossil fuels and pushing false solutions like carbon offsetting.
South African President Cyril Ramaphosa has introduced a robust agenda for this year’s G20 summit, which will focus on the themes of solidarity, equality, and sustainability, addressing key issues such as climate change-related disaster resilience, mobilizing finance for a just energy transition, and food security. But with the US taking over the presidency this year, it’s unclear how much progress can be made with a Trump administration that prioritizes climate skepticism and America First policies.