Azerbaijan will unveil a new set of sustainable investment standards at the COP29 U.N. climate talks, with support from over 100 countries. The Central Bank aims to simplify green finance and announce funding commitments for green projects by 2030.
The UN warns that national pledges to cut greenhouse gas emissions fall far short of what's needed to combat climate change. As countries prepare for COP29 in Baku, stronger commitments are essential to limit global warming to 1.5°C.
A new report highlights escalating health risks from climate change, with more dangerous temperatures and worsening conditions, while calling for greater recognition of health in climate negotiations.
The COP29 Azerbaijan Operating Company is committed to sustainability by using hydrogenated vegetable oil (HVO) at Baku Stadium to reduce greenhouse gas emissions. Supported by SOCAR Green, this initiative aims to set a standard for future international events.
The COP29 Presidency has released nine Declarations and Pledges, inviting global stakeholders to endorse these key climate initiatives, aimed at uniting efforts, enhancing ambition, and supporting UNFCCC goals ahead of COP29 in Baku this November.
The Council of the European Union approved key conclusions that will guide its negotiations at the summit
A total of 127 countries have joined the ceasefire call thus far
EU Climate Commissioner Wopke Hoekstra is attending the Pre-COP29 meeting in Baku, Azerbaijan, to discuss critical climate issues like finance, carbon markets, and fossil fuel transitions. He will also deliver a keynote speech and hold bilateral talks with key global leaders.
EU finance ministers have committed to maintaining their share of the $100 billion global climate fund and are calling for increased contributions from other nations
Azerbaijan discussed the projects of natural gas supply and green energy supply with the European Union
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