Important decisions to be made at COP29, especially on climate finance – 2024-07-06 20:14:41

by times news cr

2024-07-06 20:14:41

Important decisions will be made at COP29, especially on climate finance.

As reported on Saturday by Day.Az with reference to Trend, this was stated today by Turkish Vice President Cevdet Yilmaz during an informal summit of the Organization of Turkic States (OTG) in the city of Shusha.

“We will continue our close cooperation and support on many fronts in the lead-up to this conference, where important decisions will be made, particularly on climate finance.

Holding this conference in Azerbaijan is also of great importance in terms of regional cooperation. In this context, we welcome Azerbaijan’s proposal to include the initiative of the Organization of Turkic States in the conference or to organize a joint side event,” he said.

Let us recall that in November this year, Azerbaijan will host the 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29). The decision to do so was made at the COP28 plenary session held in Dubai on December 11 last year. Over the course of two weeks, Baku, becoming the center of the world, will host about 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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