Baku TV prepared a report on the twelfth day of COP29 within the framework of the “COP-BAKU” project.
German Foreign Minister Annalena Berbock, who made a statement on the sidelines of COP29, was reported to have said that Europe will not be content just to fulfill its obligations, but will also seek global cooperation to ensure climate justice. around the world:
“Yesterday afternoon and into the morning we continued meetings in Baku to create a climate coalition spanning all continents. This clearly means that a new approach to climate finance is needed. Europe is a reliable partner and will continue to deliver on its commitments between 2005 and 2030.”
Participants who contributed to the fight against climate with activities in various fields shared their experiences with the “COP-BAKU” program.
Paleni Iyer, a business participant from the Central African Republic, said she attended the COP event for the first time: “My main expectation is to see important changes for the youth of today. They have come here from different countries around the world and are working hard. We “want to see some changes at the end of this. “We will soon see a sustainable 2030, we must achieve the development goals.”
Senegalese participant Penda Mbaye said the event was fantastic:
“I am participating in the COP event for the first time and coming to Azerbaijan for the first time. The people here are very friendly, helpful and open-minded. Since I have not been to the COP before, I will not make comments on the main stages, However, I am confident that this COP event will definitely achieve every success.”
On the twelfth day of the event, the COP presidency issued a statement on the latest situation after intense discussions. The statement noted that the COP29 presidency invited Parties to work together to achieve the target of at least US$1.3 trillion by 2035 from all public and private sources.
The new draft document sets a goal of increasing developed countries’ annual climate action allocation to $250 billion per year by 2035.
In the end, it was noted that the COP Presidency will work in a very transparent and inclusive manner to achieve a more ambitious outcome.
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