U.S. President Joe Biden has expressed his gratitude to Azerbaijan for hosting the 29th United Nations Climate Change Conference (COP29), calling the event a pivotal step toward global climate action.
U.S. President Joe Biden has expressed his gratitude to Azerbaijan for hosting the 29th United Nations Climate Change Conference (COP29), calling the event a pivotal step toward global climate action.
In a statement, President Biden congratulated the COP29 Presidency and participating nations for reaching a significant agreement. "While there is still substantial work ahead of us to achieve our climate goals, today’s outcome puts us one significant step closer," he said. He emphasized the importance of sustained efforts to ensure a "cleaner, safer, healthier planet" for future generations.
The president highlighted a major milestone achieved during the conference: the adoption of an ambitious international climate finance goal for 2035. This agreement aims to mobilize the necessary financial resources—across public and private sectors—to support developing nations in transitioning to clean and sustainable economies.
COP29 has been hailed as a significant platform for fostering global cooperation on climate challenges, underscoring the need for unified efforts to meet environmental and financial targets.
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The first side event of the Global South NGO Platform, initiated by Azerbaijan, was held in Bonn, Germany this week.
The second day of the annual June Climate Meetings in Bonn focused on preparations for the upcoming COP30 conference.
Azerbaijan is calling for closer regional cooperation with Central Asian neighbors to confront the escalating climate crisis in the Caspian Sea, said Mukhtar Babayev, Azerbaijan’s presidential climate envoy and COP29 President, in an interview with The Times of Central Asia.
Azerbaijan is advancing its global climate leadership with an ambitious new initiative to expand climate financing to $1.3 trillion, in collaboration with Brazil, following the landmark COP29 summit held in Baku.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
Authorities in North Carolina are investigating three potential storm-related deaths linked to severe flooding from the remnants of Tropical Storm Chantal, officials said Tuesday.
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European and Chinese officials have held talks in Beijing focused on strengthening climate commitments, as both sides prepare revised targets ahead of the COP30 summit in Brazil later this year.
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Natural disasters in China during the first half of 2025 caused $7.55 billion in economic losses and affected more than 23 million people, with floods accounting for the majority of the damage, an official from the emergency response ministry said.
EBRD stated that Ukraine urgently needs new generation capacity after Russian attacks severely damaged its power sector, creating a significant shortfall in electricity generation. In response, the bank announced the launch of the Ukraine Renewable Energy Risk Mitigation Mechanism.
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