(MENAFN- Trend News Agency)
BAKU, Azerbaijan, September 6. The Leaders'
Summit is planned to be held on November 12-13 within the framework
of COP29, the advisor to Azerbaijan's Minister of Ecology and
Natural Resources, Rustam Hasanov, said at the international
conference“Law & Climate” in Baku, Trend reports.
He noted that so-called thematic days are used for more
effective organization of discussions during COP events.
“This year also seven thematic days have been established. All
the events, consultations, and negotiations to be held during COP29
will be grouped into appropriate days. This is the event that will
be attended by the largest number of Heads of State and Government
after the UN General Assembly, and it is also the focus of
attention of the entire world community.
The COP29 Chairmanship put forward 14 main initiatives. While
defining these initiatives, the expectations of the world community
towards Azerbaijan were also taken into account, and attention was
paid to current issues. The key theme of this year's COP is the
provision of climate finance. If there is finance on a topic, two
parties are formed: the party that provides finance and the party
that receives it. Although these parties disagree, they usually
share a common theme, which makes the processes transparent.
When we talk about climate finance, we mean dividing it between
the parties based on transparent mechanisms and leveraging
financial resources. This is one of the main objectives of our COP
Presidency. The“Baku Global Platform for Climate Transparency” was
established to enhance the principle of transparency. Under the
platform, we encourage countries that are commercial parties to
submit their own transparency reports by the 29th session to be
held in November this year. Negotiations are underway with all
parties on this. Most importantly, at the 79th session of the UN
General Assembly to be held in New York, we will once again urge
the parties to carefully consider this issue,” the advisor
added.
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.
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