Adequate Financing Availability Holds Key To Global Success In Tackling Climate Change - UNFCCC
Date
10/10/2024 8:06:20 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, October 10. The availability
of adequate financing is the key to the global success in the fight
against climate change, the Executive Secretary of the UN Framework
Convention on Climate Change (UNFCCC) Simon Stiell wrote on his
social media account, Trend reports.
“The upcoming COP29 climate conference in Baku should be
favorable. It is about achieving concrete results to start turning
the climate commitments made by countries under last year's UAE
Consensus (COP28) into reality,” he noted.
According to Stiell,“the world can only prevent the climate
crisis from devastating all economies, including even the largest
and wealthiest, if every country has the means to take much
stronger action on climate change.”
“Finance is key among the concrete results needed this year. The
new ambitious target is entirely in the interest of every country
and every economy,” he emphasized.
To note, the Executive Secretary of the UNFCCC takes part in the
Pre-COP events kicked off on 10 October in Baku.
The capital of Azerbaijan will host the 29th session of the
Conference of the Parties to the UN Framework Convention on Climate
Change on November 11-22.
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