We Call For Multiple Increase In Global Energy Storage Capacity By 2030 - COP29 President


(MENAFN- Trend News Agency) BAKU, Azerbaijan, November 11. We call on all parties to increase global energy storage capacity sixfold by 2030, the President of COP29, Azerbaijani Minister of Ecology and Natural Resources Mukhtar Babayev said at the opening ceremony of the conference in Baku today, Trend reports.

"As the leading global climate platform, COP29 cannot and will not remain silent on measures to mitigate the impacts of climate change. Together with the International Energy Agency, we have today published calls for action for a fair and orderly transition," he explained.

Babayev added that COP29 is bringing attention to forgotten issues, such as food waste, which accounts for nearly 10 percent of global emissions.

"We have included the issue of mitigation in the agenda for all meetings leading up to the conference to find ways forward.

As the presidency, we are making every effort to address this issue comprehensively without losing sight of our main priority in the negotiations - achieving a new collective quantitative goal for climate financing," he emphasized.

The opening ceremony of the much-anticipated COP29 conference has kicked off today at the Baku Olympic Stadium.

Representatives, leaders, and climate experts from around the globe gathered to mark the beginning of what is set to be one of the largest climate events of the year.

The decision to host COP29 in Azerbaijan was made at the COP28 plenary session held in Dubai on December 11 of last year.

The United Nations Framework Convention on Climate Change, signed in June 1992 at the Earth Summit in Rio de Janeiro, aims to prevent dangerous human interference with the climate system. The “COP” (Conference of the Parties) is the highest governing body responsible for overseeing the convention's implementation.

A total of 198 countries participate in the convention. Unless otherwise agreed, COP is held annually. The first COP took place in Berlin in March 1995, with its secretariat headquartered in Bonn.

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Trend News Agency

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