BAKU, Azerbaijan, November 11. A press conference themed "Climate Action Network" has taken place within the framework of the 29th session of the Conference of the Parties to the UN Framework Agreement on Climate Change (COP29) in Baku, Trend reports.
The Executive Director of the Climate Action Network (CAN), Tasneem Essop, said that if financial negotiations aren't resolved, adaptation negotiations will be affected.
"The promises we heard in Dubai did not include sufficient funding. We cannot leave without fully recognizing that negotiations on climate finance will add loss and damage as a top priority. The issue of funding affects all other issues," she added.
Director of the CAN, Mohammed Adov, pointed out the necessity to resolve the issue of climate finance and ways to ensure it at COP29.
“The impact of climate disasters in the world is growing. We are facing extreme weather events, which affects our coping mechanisms,” the network's director said.
He mentioned that teamwork at COP29 regarding climate finance could tip the scales for the future of the Earth.
The opening ceremony of the much-anticipated COP29 conference has kicked off today at the Baku Olympic Stadium.
Representatives, leaders, and climate experts from around the globe gathered to mark the beginning of what is set to be one of the largest climate events of the year.
The decision to host COP29 in Azerbaijan was made at the COP28 plenary session held in Dubai on December 11 of last year.
The United Nations Framework Convention on Climate Change, signed in June 1992 at the Earth Summit in Rio de Janeiro, aims to prevent dangerous human interference with the climate system. The “COP” (Conference of the Parties) is the highest governing body responsible for overseeing the convention’s implementation.
A total of 198 countries participate in the convention. Unless otherwise agreed, COP is held annually. The first COP took place in Berlin in March 1995, with its secretariat headquartered in Bonn.
Stay up-to-date with more news on Trend News Agency's WhatsApp channel
