At the Antalya Diplomacy Forum, COP29 President Mukhtar Babayev highlighted Azerbaijan’s climate leadership, unveiling the Baku to Belem Roadmap. The initiative aims to scale climate finance to $1.3 trillion by 2035, with global cooperation to support developing nations.
At the Antalya Diplomacy Forum, COP29 President and Azerbaijan’s Special Representative for Climate Issues, Mukhtar Babayev, reaffirmed Azerbaijan’s leadership in advancing global climate action. He highlighted the achievements of COP29 in Baku, where Azerbaijan successfully mobilised international consensus and launched key initiatives, including the Baku Finance Goal—targeting $300 billion annually in climate finance for developing countries by 2035.
Babayev underscored the importance of translating agreements into action. He emphasised the need for donor nations to outline clear plans for fulfilling their share of the $300 billion commitment, crucial for supporting vulnerable communities and preserving the multilateral climate framework.
In a forward-looking statement, Babayev announced that the COP29 Presidency is working closely with the COP30 Bureau to draft the Baku to Belem Roadmap, a strategic vision to scale annual climate finance to $1.3 trillion by 2035. The initiative includes consultations with countries and financial stakeholders to generate practical, transparent solutions.
He also welcomed Türkiye’s ambition to host COP31 and praised global momentum for climate action, calling on nations to prepare robust, transparent emissions reduction plans in 2025.
Azerbaijan, he affirmed, remains committed to carrying forward the declarations and progress made at COP29.
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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.
Start your day informed with AnewZ Morning Brief: here are the top news stories for 10th July, covering the latest developments you need to know.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
Chinese automaker Chery has denied an industry-ministry audit that disqualified more than $53 million in state incentives for thousands of its electric and hybrid vehicles, insisting it followed official guidance and committed no fraud.
U.S. President Donald Trump on Tuesday announced a new trade agreement with Indonesia, calling it a “great deal” that includes a 19% tariff and expanded U.S. export access.
U.S. President Donald Trump said on Tuesday that Ukrainian forces should not strike Moscow, rejecting reports that he approved long-range missile deliveries.
Canadian Prime Minister Mark Carney says it’s unlikely his government can strike a tariff-free trade deal with the U.S.
NATO Secretary General Mark Rutte is warning that major economies like Brazil, China, and India could face serious consequences if they continue trading with Russia, as the U.S. steps up pressure with fresh sanctions and weapons support for Ukraine.
The American leader stated that if an agreement between Russia and Ukraine is not achieved within that timeframe, "it will be very bad."
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