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COP29 begins with a call for the world to raise its climate finance target

  • November 11, 2024
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[Síguenos ahora también en WhatsApp. Da clic aquí] The COP29 climate summit began this Monday in Baku (Azerbaijan) with calling on the world to raise its climate finance targetand,

COP29 begins with a call for the world to raise its climate finance target

[Síguenos ahora también en WhatsApp. Da clic aquí]

The COP29 climate summit began this Monday in Baku (Azerbaijan) with calling on the world to raise its climate finance targetand, because “we are on the way to the destruction” of the planet, the president of the world conference warned at the inauguration, Mukhtar Babaev.

President of the previous Dubai Summit (COP28), Sultan also took part in the opening of the summit, the largest global event to discuss climate change. Ahmed Al Jabed, UN Executive Secretary for Climate Change, Simon Still.

The summit will be held in the capital of Azerbaijan until November 22, with leaders from around the world at the highest political levels to try to increase funding to fight the climate crisis among the top priorities.

This crisis is not a problem of the future, but of the present, the COP29 President assured; The facts show this: after the recent floods in Spain, bushfires in Australia or rising ocean levels.

The three leaders insisted on need for global cooperation making the world greener and mitigating global warming.

They all emphasized the need increase funding and provide countries with more effective tools improve emissions mitigation and adaptation to increasingly catastrophic climate impacts.

Photo: Reuters

“This is the moment of truth; it won’t be easy This summit will be an opportunity for development; “We can reach this point, but everyone must cross it,” the COP29 president said.

called ensure that this conference is “inclusive and transparent” provide solutions for the entire planet in the face of the climate emergency.

If the problem persists “This will lead us to three degrees of warming.” planet, which would lead to a “catastrophic” situation for millions of people.

People demand “leadership” and action; this policeman “inevitable moment” chart a new path for all with an ambitious and balanced package that will deliver on all mandates.

Our plan is based on “increase ambition and give the opportunity to act”, with clear climate plans and necessary funding.

Earlier, the President of the previous COP 28 climate summit in Dubai, Sultan Ahmed Al Jaber, also insisted on financing problem to make it easier to obtain and more accessible to countries.

Photo: Reuters

He called for “unity” in the current context of political conflicts in the world because “What is needed is more peace and less provocation and polarization,” he said.

He stressed decarbonization efforts achieved at the previous Dubai summit and offered all our support in the face of this global crisis through action; “We are what we do, not what we say.”

“Let’s act in solidarity for a greener world” among everyone with great peace and without provocation.”

Finally, UN climate change executive secretary Simon Still called for agreement on a new global climate finance target as “No country is immune” from global warming.

He stressed “historic steps” in recent years to mitigate the problem and called on all countries to bear responsibility for not leaving Baku “without a significant result.”

“If at least two thirds of the world’s countries do not reduce their emissions quickly, “All countries will pay a brutal price.” For this reason, the UN leader warned.

Photo: Reuters

“If we fail to ensure supply chain sustainability, “The entire world economy will be brought to its knees.” under conditions of gradually increasing temperature.

“Let’s throw out the idea that climate finance is charity” because “an ambitious new financial target “This benefits all countries, including the largest and richest.”

“But agreeing on a goal is not enough. We must work harder to reform the global financial system. Give countries the financial space they so desperately need.”

He mentioned the actions that need to be taken to solve this problem; in Baku, We must launch international carbon markets, and finalize Article 6 in line with the Paris Agreement to keep emissions below 1.5 degrees.

“We must not let the 1.5 degree target slip through our fingers. Although temperatures are rising, our agreements must bring them down,” he said.

(EFE)

Source: Aristegui Noticias

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