Key expected outcomes of COP 29 include a new collective quantified goal on climate finance to replace the current USD 100 billion per year goal and guidance on operationalization of the new loss and damage fund (including eligibility criteria).

The China Council for International Cooperation on Environment and Development will convene to formulate recommendations to the Chinese government based on 17 environmental research themes and reports from the current year.

Speakers noted that evidence indicates pursuing the goals of the Paris Agreement in conjunction with the SDGs will lead to greater co-benefits than trade-offs, while unlocking barriers to synergistic solutions should be a primary focus.

Delegates agreed on some of the critical building blocks for the seventh assessment cycle, including the outlines for a Special Report on Cities and Climate Change and a methodological report on short-lived climate forcers. They could not agree on the Strategic Planning Schedule for the cycle.