BAKU

G20 Summit Highlights Climate Finance Needs but Falls Short on Fossil Fuel Transition

At the G20 Summit in Rio de Janeiro, leaders of the world’s 20 largest economies, responsible for 85% of global emissions, made progress in scaling up climate finance but stopped short of committing to phasing out fossil fuels. The joint statement released on Monday reaffirmed global climate goals but left...

COP29: UN Chief Urges Global Leaders To Pay ‘Climate Debt’ Or Risk Grave Consequences

UN Secretary-General Antonio Guterres urged world leaders on Tuesday at COP29 to give priority to climate financing, warning that neglecting the “climate debt” would lead to grave consequences for humanity. COP29 must dismantle barriers to climate finance During his address at the World Leaders Climate Action Summit (WLCAS), held in...

COP29 To Unveil Baku Global Climate Transparency Platform In September

The COP29 Presidency will officially launch a flagship initiative, the Baku Global Climate Transparency Platform (BTP), during the High-Level Dialogue (HLD) on September. Purpose of the High-Level Dialogue HLD aims to sustain momentum for increased transparency action in the lead-up to COP29. This High-Level Dialogue will focus on building confidence...