Skip to main content

Cop29 aims to boost deployment of zero-emission vehicles

A number of transport-related commitments have been made in Baku
By Adam Hill November 14, 2024 Read time: 2 mins
Cop29 is taking place in Baku (© Saiko3p | Dreamstime.com)

Decarbonising transportation has been one of the key themes of the Cop29 climate conference, which is ongoing in Baku, Azerbaijan.

Speeding up the adoption of zero-emission vehicles (ZEV) in emerging countries is one area of interest, and new countries are expected to be signatories to two existing documents.

The first is the Global MoU on Zero-Emission Medium and Heavy-Duty Vehicles, joining 38 other nations with the aim of achieving a 30% share of truck and bus sales by 2030 and 100% by 2040.

The second is the ZEV Declaration, pledging that all new sales of cars and vans be zero-emission globally by 2040, and by no later than 2035 in leading markets.

In 2023, 16 companies signalled market demand for the deployment of nearly 8,000 electric trucks in India by 2030.

Meanwhile, the ZEV Emerging Markets Initiative launched its Mexico track in 2024, where there are indications that 17,000 electric trucks will be deployed by 2030, with plans for further expansion into additional markets, including Brazil, anticipated in 2025.

The Global ZEV Transition Roadmap outlines actions governments and international partners intend to take to strengthen support for emerging markets in the sector this decade. 

Since Cop28 the ZEV Country Cluster Initiative, ZEV Rapid Response Facility and ZEV Emerging Markets Initiative have been expanded to more countries and regions.

In Baku, a number of commitments have been made, such as the Cop29 Presidency’s Hydrogen Action Declaration, the Cop29 Global Pledge on Scaling International Assistance for Industry Decarbonisation, the Global Energy Storage and Grids Pledge, and the first annual update of the Global Zero Emissions Vehicles Transition Roadmap.

Since Cop28, the number of countries supporting the Breakthrough Agenda has risen to 61, covering over 80% of global emissions, as Kazakhstan and Singapore join the Hydrogen Breakthrough at Cop29. 

They have agreed on a set of ‘Baku’ Priority International Actions to help coordinate global efforts to make clean technologies and sustainable practices more accessible to address climate change for 2030 and beyond.

"The launch of the ‘Baku’ Priority International Actions is a crucial milestone in advancing the public-private cooperation needed to achieve our shared climate goals, says Peter Bakker, president and CEO of the World Business Council for Sustainable Development (WBCSD). "At WBCSD, we are committed to catalysing impactful business leadership through the Breakthrough Agenda."

"The new Breakthrough Business Barometer reveals that 85% of business leaders recognise that stronger global cooperation is critical to enable a Net Zero transition. The ‘Baku’ Priority International Actions directly address many of these priorities, opening pathways for investment, building resilience, and driving transformative progress toward a sustainable, inclusive global economy."

For more information on companies in this article

Related Content

  • Government funding to get hydrogen cars moving
    October 10, 2014
    The arrival of hydrogen cars on UK roads is a step closer today as Business Minister Matthew Hancock announced up to US$17.6 million of funding from Government and industry to help prepare the UK for the roll-out of hydrogen fuel cell electric vehicles (FCEVs). The investment will help establish an initial network of up to 15 hydrogen refuelling stations by the end of 2015. It includes US$3.2 million of funding for public sector hydrogen vehicles. The announcement follows news earlier this month tha
  • Diesel ban needs action plan, says transport group
    September 3, 2020
    Financial package also required to enable households and businesses make EV switch
  • Toronto pushes for fully-electric ferries 
    January 19, 2022
    Report from Canadian city suggests replacing four vessels over a 15-year period
  • Los Angeles launches own ‘Green New Deal’
    May 2, 2019
    The city of Los Angeles has released what it calls ‘LA’s Green New Deal’, pledging $860 million per year “to expand the transportation system”. Electric vehicles are at the fore: it pledges an $8 billion upgrade to the city’s electricity grid by 2022, to help build the US’s “largest, cleanest and most reliable urban electrical grid to power the next generation of green transportation”. The city authorities will “expand electric car sharing options” and support implementation of Metro’s first/last mile pl