Azerbaijan, IFC discuss climate finance commitments at COP29

Azerbaijan has discussed climate finance goals and overall commitments with the International Finance Corporation (IFC) within the framework of the 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29).

Quoting the Ministry of Economy, Caliber.Az reports that the discussions took place during a meeting between Azerbaijani Economy Minister Mikayil Jabbarov and IFC Global Director for Climate Business Jamie Fergusson.

During the video conference with Jamie Fergusson, Global Director for Climate Business at the International Finance Corporation (@IFC_org), we focused on the targets for #COP29 (@COP29_AZ) and explored the broader responsibilities concerning #climate financing.#EconomyAz pic.twitter.com/S3nDylMLkG

— Mikayil Jabbarov (@MikayilJabbarov) July 1, 2024

The videoconference addressed issues related to COP29 in Azerbaijan, the green transition, and entrepreneurship development. The parties explored the goals set under COP29, common commitments on climate finance, and other potential areas of cooperation.