(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 15. The world transits
from energy revolution to de-carbonization, UN Development Program
(UNDP) Administrator Achim Steiner said at the XI Global Baku
Forum, Trend reports.
He stated that the fight against climate change is critical, and
climate action aligns with national paths of sustainable
development.
According to the official, funding is also vital in combating
climate change.
“National determined contributions are an excellent approach to
identify financing requirements and opportunities that each country
has to provide, which the rest of the world can assess and
analyze.
Thus, funding remains a key factor in facilitating or paralyzing
collective action,” Steiner emphasized.
To note, the XI Global Baku Forum is attended by representatives
of many countries and prestigious international organizations: more
than 350 guests from more than 70 countries.
The forum, which will last until March 16, will host global
discussions on the outcomes of COP28 and preparations for COP29,
will consider the factors that pose threats to the new world order,
as well as security issues and prospects for peace, building
resilience in a fractured world, its impact on the global world,
will discuss ways to address the challenges facing humanity, and
will touch on conflicts and mega-threats shaking the world,
including climate, food, and nuclear security. At the same time,
there will be discussions on the role of military and economic
alliances in global governance, regional perspectives, the European
Union and its relations with its neighbors, youth policy, ways to
build resilience to global challenges, inequality, natural resource
scarcity and migration issues, artificial intelligence, and new
security paradigms in the age of drones and cyberweapons.
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