BAKU, Azerbaijan, October 11. The focus must be on financing, particularly how to integrate development and climate issues, along with support for countries most affected by climate change at COP29, Ireland's Minister for Environment, Climate, Communications, and Transport Eamon Ryan said, Trend reports.
"We all need to collectively raise our ambitions next year and do more to halt climate change. Thus, COP29 plays a crucial role in financing. If we can achieve an ambitious outcome, it will help us expand our actions to stop climate change in the coming year. Everything is about financing, and we must discuss this here this year," he stated.
To note, the 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29) will be held in Azerbaijan in November this year. The decision was made at the plenary meeting of COP28 held in Dubai on December 11 last year. Within two weeks, Baku, having become the center of the world, will host about 70,000-80,000 foreign guests.
The UN Framework Convention on Climate Change is an agreement signed at the Rio Earth Summit in June 1992 to prevent dangerous human interference in the climate system. The acronym COP (Conference of Parties) stands for Conference of Parties, which is the highest legislative body overseeing the implementation of the Framework Convention on Climate Change.
A total of 198 countries are parties to the convention. Unless the parties have decided otherwise, COP is held annually. The first COP event was held in March 1995 in Berlin, and its secretariat is located in Bonn.