Azerbaijan, World Bank forge plans for COP29 collaboration in Baku

The Central Bank of Azerbaijan (CBA) has engaged in discussions with the World Bank regarding potential cooperation ahead of the upcoming climate conference, COP29, scheduled to take place in Baku this November.

CBA Chairman Taleh Kazimov has shared details of the meeting on his X page, Caliber.Az reports.

We had a productive discussion with Anna Bjerde (@bjerde_anna), Executive Director of Operations at the #WorldBank, as part of the #AnnualMeetings2024.
Our conversation covered key priorities for Azerbaijan's cooperation with the WB, including key initiatives related to #COP29,… pic.twitter.com/Y3XD9Z64gY

— Taleh Kazimov (@TalehKazimov_T) October 25, 2024

Kazimov highlighted that he had met with World Bank Managing Director of Operations Anna Bjerde during the bank's annual meeting to explore collaborative opportunities related to the conference.

During the meeting, the parties discussed the priority areas of cooperation between Azerbaijan and the World Bank, as well as collaboration within the framework of COP29. Meeting also addressed important initiatives on the agenda and explored potential avenues for support from the World Bank in this context.

Notably, the 29th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29) is scheduled to take place in Azerbaijan from November 11 to 22. This venue was selected during the COP28 plenary session held in Dubai on December 11, 2023. The event is anticipated to attract around 70,000 to 80,000 international participants over its two-week duration.

The UN Framework Convention on Climate Change (UNFCCC), which was signed at the Earth Summit in Rio de Janeiro in June 1992, aims to avert significant human interference with the climate system.

By Aghakazim Guliyev