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COP29 hosts ministerial roundtable on global climate transparency (PHOTO)(UPDATED)

Azerbaijan Materials 18 November 2024 19:44 (UTC +04:00)

BAKU, Azerbaijan, November 18. The ministerial roundtable on global climate transparency was held within COP29, Trend reports.

According to COP29 President, Minister of Ecology and Natural Resources Mukhtar Babayev, Azerbaijan's Biennial Transparency Report (BTR) is ready to be submitted this week.

“Raising ambition requires the development of clear plans to maintain the 1.5-degree target through nationally determined contributions, national adaptation plans, and biennial transparency reports (BTRs). Transparency has been a priority for the COP29 presidency since the beginning of this process. Today, I would like to focus on the biennial transparency reports and how the COP29 presidency is supporting transparency in climate action. Transparency builds trust and confidence in the international process. It keeps us accountable and fosters ambition for climate action. First, access to reliable data helps assess progress on mitigation, adaptation, and the implementation of means of support. This builds support and guides national climate action. I am pleased to report that Azerbaijan's biennial transparency report is ready for submission this week. Transparency also helps countries better understand their potential for climate action and identify their needs. This provides the necessary information to direct support to countries in need, including vulnerable communities. This means targeted support in areas where additional action and investment is needed,” he emphasized.

Babayev stated that the Baku Declaration on Global Climate Transparency will be presented today.

“I am also proud to present the Baku Declaration on Global Climate Transparency. The Declaration emphasizes our collective determination to promote transparency and international cooperation. The Declaration works in tandem with the Baku Transparency Platform. On the one hand, we reaffirm our commitment to transparency in climate action. On the other hand, we are creating a platform for concrete actions in support of transparency processes,” he emphasized.

Deputy Executive Secretary of the UN Framework Convention on Climate Change (UNFCCC) Noura Hamladji stated that 11 countries have submitted their Biennial Transparency Reports (BTR).

“This year marks the full operationalization of the Enhanced Transparency Framework under the Paris Agreement. The first biennial transparency reports have been submitted. Here are the countries that have been leaders in submitting these reports: Andorra, Guyana, Panama, Japan, Spain, Türkiye, Kazakhstan, Germany, the Maldives, the Netherlands, and Singapore. These countries are really setting a good example for others.

Bi-annual transparency reports provide a solid evidence base that enables governments to refine and strengthen climate policies. They record achievements, identify gaps, and indicate where additional effort and resources are needed. These reports provide a comprehensive picture of our collective progress and show where we need to focus additional action and support. We recognize that the process of preparing and submitting these reports can be challenging, especially for developing countries,” she stressed.

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