COP29 Conference Kicks Off in Baku

Jerusalem, 11 November, 2024 (TPS) -- The 29th session of the Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change, one of the world’s most prestigious and grand events, commenced on Monday in Baku.

COP29, taking place at the Baku Olympic Stadium from November 11 to 22, 2024, is the largest event Azerbaijan has organized to date and the first of its kind in the broader region.

The World Leaders Climate Action Summit, the highest-level event of COP29, will take place on November 12-13, 2024.

The primary expectation for the COP29 Presidency is to reach an agreement on a fair and ambitious New Collective Quantified Goal (NCQG) on climate finance.

The COP29 Presidency has put forward 14 initiatives covering topics such as the link between climate action and sustainable development goals, green energy zones and corridors, energy storage, harmony for climate resilience, agriculture, clean hydrogen, methane reduction from organic waste, green digital action, and more. Additionally, one of the initiatives includes the establishment of the Climate Finance Action Fund.

Enabling climate finance will contribute to meeting the 1.5°C commitment by bringing everyone together, as well as being a key priority for enabling action.

Azerbaijan places special importance on environmental protection and the elimination of the consequences of climate change, making great efforts on this front. The election of Azerbaijan as the COP29 host by unanimous decision is a clear example of these efforts. As emphasized by the President of Azerbaijan, Ilham Aliyev, this is an indicator of the international community’s respect and trust in Azerbaijan.