World's Attention To Be Focused On Azerbaijan During COP29 - MP
Date
5/17/2024 3:08:33 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 17. The world's attentionwill be focused on Azerbaijan during COP29, member of AzerbaijaniParliament, UN Climate Change High-Level Champion for COP29 NigarArpadarai said, Trend reports.
She made the remark during the“Raising Ambition, EnablingAction” business forum within COP29.
“In a few months, COP29 will be held in Azerbaijan. The world'sattention will be drawn to Azerbaijan, which is extremely importantfor us,” she emphasized.
She mentioned that Azerbaijan has always been a country thatrespects international law and justice.
“Azerbaijan is also an important part of the internationalcommunity in the issue of combating climate change. We need asignificant amount of financial resources for the transition to agreen economy. And it is necessary to significantly increase thevolume of international private financing,” she noted.
Arpadarai also added that it is important for the private sectorto take the lead and set its own goals in the fight against climatechange.
To note, Azerbaijan will host the 29th session of the Conferenceof the Parties to the UN Framework Convention on Climate Change(COP29) in November this year. The decision was made at the plenarymeeting of COP28 held in Dubai on December 11 last year. Within twoweeks Baku, having become the center of the world, will host about70,000-80,000 foreign guests.
The UN Framework Convention on Climate Change is an agreementsigned at the Earth Summit in Rio de Janeiro in June 1992 toprevent dangerous human interference in the climate system. Theacronym COP (Conference of Parties) stands for Conference ofParties, which is the highest legislative body overseeing theimplementation of the Framework Convention on Climate Change.
A total of 198 countries are parties to the convention. Unlessthe parties have decided otherwise, COP is held annually. The firstCOP event was held in March 1995 in Berlin, and its secretariat islocated in Bonn.
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