COP For Hope: Disaster Protection Needs $1 Billion Daily - Editor-In-Chief From Montenegro (PHOTO)

(MENAFN- Trend News Agency) BAKU, Azerbaijan, November 14. As part of COP29 in Baku, Trend News Agency proudly presents COP for Hope, a special project offering an unparalleled platform to hear from world leaders and trailblazers in politics, economics, science, and ecology, all united by a shared commitment to addressing today's pressing climate challenges.

Editor-in-chief of the environmental news department of Teleradio Montenegro (RTCG), Daniel Garic, became our next interviewee.

In an interview with Trend , he stated that currently $1 billion a day is needed to protect against natural disasters.
Daniel Garic highlighted that this figure is experiencing exponential growth on a daily basis.

He also mentioned that he had been around the block at several COP events, and COP29 was the cream of the crop when it came to organization.

"This is my fourth participation at the COP. This is the most meticulously arranged conference I have ever attended. The city is thoroughly equipped for COP29. Throughout Baku, one can observe meticulously crafted sculptures pertaining to COP29. The COP29 volunteers are very amiable. All necessary resources are present. I extend my congratulations to Azerbaijan and Baku.

I aim to acknowledge the peril posed by climate change. It represents the most significant and grave threat to human civilization. Regrettably, certain global leaders are unwilling to acknowledge this. At present, the sole global actor is the European Union.

The European Union possesses a definitive decarbonization strategy and an exceedingly stringent climate policy. I would not make that assertion regarding the other players. I believe the newly elected US President Donald Trump will implement changes. He is likely to violate the Paris Agreement, posing a significant threat to human civilization. There is an increasing occurrence of floods, landslides, and tsunamis globally. The climate crisis is imminent, and without intervention, the situation will deteriorate worse.

Currently, we need $1 billion daily for catastrophe mitigation. The quantity is escalating daily. The impoverished nations in the Southern Hemisphere face numerous challenges that the Northern Hemisphere remains largely oblivious to. They merely seek increased financial gain, as well as oil and gas resources. This is detrimental to the lives of individuals in the Southern Hemisphere. Time is lacking. I believe it is not charity; it is their capability and obligation,” the editor-in-chief emphasized.

To note, the 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29), which will continue until November 22, was opened at Baku Olympic Stadium on November 11. The event is the largest organized by Azerbaijan to date and is the first time the region has hosted the event in Azerbaijan.

The main expectation from COP29 is to agree on a fair and ambitious New Collective Quantitative Goal (NCQG) on climate finance.

In addition to being a top priority that creates the conditions for action, the creation of climate finance will also contribute to meeting the 1.5°C commitment by bringing everyone together.

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” and 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 otherwise decided by the parties, 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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