Balancing Climate Transition Key To Collective Wellbeing - Greek PM

11/13/2024 2:12:06 AM

(MENAFN- Trend News Agency) BAKU, Azerbaijan, November 13. It is crucial to maintain balance during the climate transition, Greek Prime Minister Kyriakos Mitsotakis told reporters at COP29 in Baku, Trend reports.

"Today, we are discussing the climate crisis. We all recognize that the climate transition must be accelerated, while also giving more attention to adaptation measures since the crisis is already here. It's not just about achieving carbon neutrality by 2050, but also protecting our citizens in the years ahead, in 2024 and 2025. Striking this balance is critical for our collective well-being," Mitsotakis said.

To note, the 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29) has started in Baku. The decision was made at the plenary session of COP28 held in Dubai on December 11 last year.

To note, the 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29), which will run until November 22, opened on November 11 at the Baku Olympic Stadium.

The event is the largest organized by Azerbaijan to date and is the first time the region has hosted the event in Azerbaijan. Within COP29, the highest-level event - the summit of world leaders on climate action - will be held on November 12–13.

The main expectation from COP29 is to agree on a fair and ambitious New Collective Quantitative Goal (NCQG) on climate finance. The COP29 chairmanship has launched 14 initiatives that include linkages between climate action and the Sustainable Development Goals, including green energy corridors, green energy storage, harmony for climate resilience, clean hydrogen, methane reduction in organic waste, action on green digital technologies, and other topics.

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