COP29 is the only chance to close the climate action and finance gap

by times news cr

## 2024-08-09 00:57:47

COP29 is the only chance ⁢to close the climate action and finance gap.

As reported by Day.Az ⁤on Monday,‍ this was stated by ⁣the Secretary General of the international association Commonwealth Patricia Scotland in an interview with the Press Trust ​of ‌India.

“The climate talks at COP29 in Baku⁢ represent ⁢the world’s only ‌chance to close‍ the gaps in climate action and finance, which is essential​ to rebuilding ⁢trust between countries ⁢and ⁣protecting lives ​and ‌livelihoods,” ‌she said.

In the interview, Scotland emphasized⁢ the importance‍ of engaging fossil fuel ‍producers as allies in the ​fight against climate change.

Let us recall‍ that Azerbaijan‍ will ‍host the 29th‌ session⁢ of‍ the Conference of the Parties to the UN Framework Convention on Climate‌ Change (COP29) in ⁣November⁢ this year. The decision to do so was made at ⁤the‌ COP28 plenary​ session held in Dubai in December last year. ​Over the course of two weeks, Baku will ‍host approximately 70-80 thousand⁣ foreign guests.

The United ⁢Nations Framework Convention on Climate Change is an agreement signed‌ at the Earth⁤ Summit ⁣in Rio⁣ de ⁣Janeiro ⁤in June 1992 to prevent dangerous human interference with the climate system. ⁢The abbreviation COP stands for Conference of Parties, which is‌ the highest legislative ​body overseeing ‍the implementation⁢ of the ​Framework Convention ‍on Climate Change.

The convention has 198 parties. Unless the parties decide otherwise, the ⁣COP is held‍ annually. The first COP event took place in March⁢ 1995 in Berlin, and its secretariat is located in Bonn.

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