Hosts of COP29 urge countries to unite in addressing climate change rather than assigning blame. Significant discussions are needed regarding climate finance, as previous commitments expire next year. Azerbaijan’s hosting role raises concerns about fossil fuel expansion amid global climate goals.
The organizers of the forthcoming COP29 climate summit have urged nations to refrain from engaging in blame-trading regarding climate change responsibilities and to focus instead on collaborative efforts to address this pressing global issue. This statement was made just a month prior to the summit scheduled to begin on November 11, in the oil-rich nation of Azerbaijan, where significant disagreements persist over a new financial agreement designed to facilitate investments for developing nations battling climate change. During a two-day pre-COP meeting in Baku, President Ilham Aliyev emphasized the necessity of constructive engagement among parties, advocating for unity in tackling climate problems, while COP29 President Mukhtar Babayev indicated that substantial progress was essential before the main summit takes place.
The COP29 climate summit, taking place in Azerbaijan, comes at a crucial juncture as countries negotiate a new climate finance agreement to replace the existing pledge of $100 billion annually, which expires next year. The urgency of these negotiations is heightened by the need for developing countries to secure climate finance to mitigate emissions and adapt to future climate impacts. Tensions have arisen particularly regarding contributions from wealthier nations and the inclusion of major emitters like China. With Azerbaijan’s role as a host, its commitment to expanding fossil fuel production raises concerns about the compatibility of such actions with global climate goals established in previous conferences.
In summary, the COP29 hosts are advocating for a shift from blame to collaboration as nations prepare for critical discussions on climate finance and environmental responsibilities. The outcome of COP29 is imperative not only for establishing new funding structures for developing nations but also for affirming global commitments to reduce fossil fuel dependence in the face of climate change challenges.
Original Source: www.france24.com
