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.
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A passenger plane operated by Azerbaijan Airlines (AZAL) was forced to return to St. Petersburg’s Pulkovo Airport on Monday while en route to Baku.
The Iranian Minister of Road and Urban Development Farzaneh Sadegh is scheduled to visit Baku next week to take part in the tri-lateral meeting between Azerbaijan, Iran and Russia to exchange views on the development of the International North–South Transport Corridor (INSTC).
On the second day of Baku Climate Action Week (BCAW), attention centred on strengthening international cooperation, accelerating the transition to clean energy, and ensuring a fair and inclusive approach.
President Ilham Aliyev welcomed his Italian counterpart to Baku on Tuesday 30th September. Sergio Mattarella is in the Republic of Azerbaijan for an official visit.
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At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
The UN Secretary-General, António Guterres, warned on Tuesday that humanity has failed to limit global warming to 1.5°C and must take urgent action.
Hurricane Melissa has made landfall in south-western Jamaica as a category five storm, unleashing violent winds, torrential rain and life-threatening floods across the island.
Billionaire investor and philanthropist Bill Gates called on world leaders on Tuesday to adapt to extreme weather and focus on improving health outcomes rather than temperature reduction targets ahead of the COP30 climate talks in Brazil.
Three people have died in Jamaica as Hurricane Melissa, possibly the island’s strongest storm ever, approaches with “catastrophic” conditions, warn U.S. meteorologists.
A 6.1-magnitude earthquake struck the Sındırgı district in western Türkiye’s Balıkesir province late on Monday, according to the country’s Disaster and Emergency Management Authority (AFAD).
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