BAKU, Azerbaijan, October 11. Efforts have been initiated to enhance adaptation measures and expand fiscal capacity, enabling countries to invest in their futures and effectively respond to natural disasters as needed, the Senior Advisor to the US President for Clean Energy Innovation and Implementation John Podesta said at a panel discussion in Baku as part of Pre-COP29, Trend reports.
"For over a decade, the United States has provided resources to developing countries to help them formulate and implement their national adaptation plans. I want to emphasize that this funding includes the creation of early warning systems accessible to developing countries, which can significantly reduce costs associated with extreme weather events," he said.
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.