The COP29 Presidency has proposed a new climate finance goal, addressing the needs of developing nations.
Following extensive consultations, including a Qurultay session, updated texts have been published, aiming to foster consensus among Parties.
Key proposals include scaling up climate finance to developing countries from public and private sources to at least $1.3 trillion annually by 2035. Developed countries would also lead in increasing the collective target from $100 billion to $250 billion annually by 2035.
The Presidency remains committed to inclusive dialogue to finalise the few outstanding issues and achieve ambitious outcomes.
Azerbaijan has created favorable conditions for lasting peace, stability and reliable security in the South Caucasus, said President of the Republic of Azerbaijan Ilham Aliyev in an address to the participants of the 12th General Assembly of the International Conference of Asian Political Parties (I
Negotiations at COP29 in Baku face a critical impasse as sharp divisions over climate finance and fossil fuel commitments threaten progress.
Azerbaijan, hosting COP29, urged nations to bridge differences and finalise a financial deal to help poorer countries combat climate change. As the summit nears its end, divisions remain over funding commitments and the role of the US.
A Lufthansa flight on the Mumbai–Munich route was diverted to Heydar Aliyev International Airport in Baku after a passenger experienced a sudden medical emergency.
Azerbaijan has created favorable conditions for lasting peace, stability and reliable security in the South Caucasus, said President of the Republic of Azerbaijan Ilham Aliyev in an address to the participants of the 12th General Assembly of the International Conference of Asian Political Parties (I
Romania and Bulgaria may become full members of Europe's borderless Schengen travel zone in January 2025, Hungary said on Friday, adding a final decision would be made at next month's meeting of EU interior ministers.
Prime Minister Viktor Orban said on Friday he would invite Israeli Prime Minister Benjamin Netanyahu to visit Hungary, saying he would guarantee that an International Criminal Court arrest warrant against Netanyahu would "not be observed".
"Come up with the video in its full form," demands the COP29 CEO, Elnur Soltanov, in an exclusive interview with AnewZ. The chief executive has broken his silence on the claims he was using his position to organise potential fossil fuel deals.
Negotiations at COP29 in Baku face a critical impasse as sharp divisions over climate finance and fossil fuel commitments threaten progress.
The United Nations COP29 climate change conference in Baku seeks $1 trillion annually to help vulnerable nations tackle climate change, as political tensions and Argentina’s withdrawal overshadow talks.
Negotiations at COP29 in Baku face a critical impasse as sharp divisions over climate finance and fossil fuel commitments threaten progress.
Azerbaijan, hosting COP29, urged nations to bridge differences and finalise a financial deal to help poorer countries combat climate change. As the summit nears its end, divisions remain over funding commitments and the role of the US.
Azerbaijan has created favorable conditions for lasting peace, stability and reliable security in the South Caucasus, said President of the Republic of Azerbaijan Ilham Aliyev in an address to the participants of the 12th General Assembly of the International Conference of Asian Political Parties (I
Romania and Bulgaria may become full members of Europe's borderless Schengen travel zone in January 2025, Hungary said on Friday, adding a final decision would be made at next month's meeting of EU interior ministers.
Prime Minister Viktor Orban said on Friday he would invite Israeli Prime Minister Benjamin Netanyahu to visit Hungary, saying he would guarantee that an International Criminal Court arrest warrant against Netanyahu would "not be observed".
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment