Chairman of UNGA’s 78th session: Azerbaijan's efforts in full swing for COP29

The Government of Azerbaijan is making every effort to successfully organise and host the 29th Conference of the Parties to the UN Framework Convention on Climate Change (COP29), which is expected to make significant progress on climate change issues.

Dennis Francis, President of the 78th session of the General Assembly, made the statement during a press conference at the UN headquarters in New York, Caliber.Az informs via local media.

According to him, throughout his presidency (the President of the 79th session is Former Prime Minister of Cameroon Philemon Yang - ed.), he met with the COP29 team in Azerbaijan and closely followed preparations for this important event.

Francis added that the main expectation from COP29 is a resolution on increasing financial investments in the fight against the climate crisis.

“Tackling the consequences of climate change remains a pressing issue. Financing needs to be increased. We welcomed the creation of the loss and damage fund at COP28 last year. It was indeed the right step, and several countries, including the US and the UAE, supported this initiative,” Francis noted.

According to him, the fund requires substantial enhancement, as loss and damage continue to escalate year by year.

“We cannot make progress in addressing climate change without necessary funding to implement reforms,” he concluded.

Baku will host the 29th Conference of the Parties to the UN Framework Convention on Climate Change (COP29).

A group of Eastern European countries has chosen Baku, the capital of Azerbaijan, to host COP29 climate talks next year.

Earlier, Bulgaria withdrew its candidacy to host the 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change in favour of Azerbaijan.

The conference is being held in rotation by five UN regional groups, and Eastern Europe will take part next year.