Exciting News from Baku: COP29 Presidency Prepares for Success
Get ready for some groundbreaking developments as Azerbaijan’s COP29 Presidency gears up for a successful term. According to UN Assistant Secretary-General Marcos Neto, dedicated to financial issues, COP29 will set a new measurable goal for financing climate measures.
The green transition comes with a hefty price tag, estimated in trillions of dollars. In order to pave the way for this monumental shift, a system defining financial ambitions must be established at the COP29 summit in Baku this November.
UNDP is fully committed to supporting Azerbaijan in achieving this crucial objective. The entire international community is urged to rally behind the COP Presidency to ensure its success in addressing this vital global issue.
In an unprecedented move, Baku will host COP29 this November, marking a historic milestone for the country. With an estimated 70-80,000 foreign guests expected to attend, Azerbaijan is set to become the focal point of the world’s efforts to combat climate change.
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