BRICS Expresses Commitment To Successful Hosting Of COP29 In Baku
Date
10/23/2024 3:10:59 PM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, October 23. The BRICS
(Brazil, Russia, India, China, and South Africa) organization has
expressed its commitment to the successful hosting of COP29 in
Baku, Trend reports via the Kazan declaration of the 16th
summit of the organization.
"We affirm our commitment to the successful holding of COP29 in
Azerbaijan and look forward to substantial outcomes in the area of
climate financing for developing countries as a key tool for
implementing current and future nationally determined actions and
targets in the fields of mitigation, adaptation, and addressing
loss and damage," the declaration said.
This November, Azerbaijan will host COP29. This decision was
made at the COP28 plenary meeting held in Dubai on December 11 last
year.
The United Nations Framework Convention on Climate Change is an
agreement signed at the Earth Summit in Rio de Janeiro in June 1992
to prevent dangerous human interference with the climate system.
COP-the Conference of the Parties-is the highest legislative body
overseeing the implementation of the Framework Convention on
Climate Change. There are 198 countries that are parties to the
Convention. Unless the parties agree otherwise, the COP is held
annually. The first COP event took place in March 1995 in Germany's
Berlin with its secretariat in Bonn.
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