Oyu Green drives climate action as party overflow negotiator at COP29
Omar Hassan
COP29 Media Representative
Dubai – Oyu Green, a global leader in climate-focused initiatives, proudly participated as a Party Overflow Negotiator at COP29, held in Dubai. The team engaged with high-level government officials, multilateral agencies, and climate experts, advocating for the urgent allocation of climate financing to the Global South and the establishment of equitable mechanisms for carbon markets.
Oyu Green’s Key Engagements and Impact at COP29:
- Participated in over 20 high-stakes negotiations and bilateral meetings with government representatives, international climate coalitions, and private sector leaders.
- Presented Oyu Green’s flagship projects, which have collectively delivered over $10 million in climate finance to vulnerable communities across Asia and Africa, at key forums and panel discussions.
- Highlighted successful case studies from OYU’s initiatives, including clean cookstove distribution, afforestation projects, and climate-smart agriculture programs, which together sequester over 1 million tonnes of CO₂ annually.
- Partnered with organizations to explore new funding pipelines and pilot projects to scale sustainable solutions in regions most affected by climate change.
Key Outcomes of COP29:
- Over $300 billion in commitments secured for climate finance, with a significant focus on accelerating adaptation and mitigation projects in the Global South.
- Historic alignment on global carbon market frameworks, enabling streamlined trading of carbon credits under Article 6 of the Paris Agreement.
- Renewed emphasis on private sector participation, with corporations pledging increased funding for voluntary carbon market projects.
Oyu Green’s transformative work was spotlighted in keynote addresses, including a feature in the "Pathways to Equitable Climate Finance" session, which underscored the organization’s pivotal role in bridging the gap between policy and implementation. The team also facilitated workshops on scaling high-quality carbon projects and integrating community-led approaches into global climate strategies.
“As a Party Overflow Negotiator, our mission at COP29 was clear: to amplify the voices of vulnerable communities and drive actionable commitments,” said Deep Gupta, Co-founder at Oyu Green. “We are proud to have contributed to the progress made at this pivotal summit and remain steadfast in our commitment to delivering impactful climate solutions.”
About Oyu Green:
Oyu Green is a climate-focused, community-led organization dedicated to deploying innovative solutions to combat climate change. Operating across Asia and Africa, the organization specializes in carbon project development, consulting, and trading. With a focus on nature-based solutions and clean energy, Oyu Green has enabled over 20 corporations to take climate action, unlocking significant climate financing for sustainable development.
For more information about Oyu Green’s initiatives or media inquiries, please contact:
Press Enquiries info@oyugreen.com