BAKU, Azerbaijan, November 21. The Rio Trio initiative is a symbol of collective action, Deputy Minister of Ecology and Natural Resources of Azerbaijan Umayra Taghiyeva said during a high-level dialog on “Enhancing knowledge exchange between conventions to ensure ecosystem sustainability” of the Rio Trio (Colombia, Azerbaijan, Saudi Arabia) initiative within COP29, Trend reports.
“First of all, I would like to sincerely thank our co-organizers, Colombia and Saudi Arabia, for their strong commitment to the Rio Trio Initiative. I also thank all of you for your expertise and dedication to this important discussion. Your presence is a testament to our shared commitment to addressing the interlinked challenges of climate change, biodiversity loss, and land degradation. The Rio Trio Initiative is not just a partnership, but a symbol of collective action,” she said.
To clarify, the Rio Trio Initiative is a partnership between the host countries of this year’s Rio Convention COPs (Colombia, Azerbaijan, and Saudi Arabia).
The 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29), which will last until November 22, was opened at the Baku Olympic Stadium on November 11. The event is the largest organized by Azerbaijan to date and is the first time the region has hosted the event in Azerbaijan.
The main expectation from COP29 is to agree on a fair and ambitious New Collective Quantitative Goal (NCQG) on climate finance.
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) means “Conference of Parties” and is the highest legislative body overseeing the implementation of the Framework Convention on Climate Change.
A whopping 198 countries have thrown their hats in the ring as parties to the Convention. Unless the parties decide to change the game plan, COP takes place once a year. The inaugural COP event took place in March 1995 in the bustling city of Berlin, Germany, with its secretariat nestled in Bonn.
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