BAKU, Azerbaijan, November 15. I am pleased to highlight the United States' strong support for the ongoing success of COP29, said Jeffrey Pyatt, Assistant Secretary of State for Energy Resources, Trend reports.
Speaking at a session titled "Beyond generation: Building infrastructure to achieve energy transition goals," organized by SOCAR as part of COP29, Pyatt expressed his satisfaction at participating in the event alongside the Deputy Minister.
"I am very pleased to be here and to underscore America's support for COP29, which continues successfully. We recognize the need for investments during the energy transition. In the United States, investments in the clean energy economy amount to nearly half a trillion dollars annually," he said.
The 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29), which will run until November 22, opened at the Baku Olympic Stadium on November 11.
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” and 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 otherwise decided by the parties, COP is held annually. The first COP event was held in March 1995 in Berlin, and its secretariat is located in Bonn.
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