The historic achievements of Azerbaijan`s COP29 Presidency were once again in the spotlight during a joint press conference held within the Petersburg Climate Dialogue with the participation of Annalena Baerbock, Germany`s Foreign Minister, André Corrêa do Lago, President of the 30th session of the Conference of the Parties (COP30) to the United Nations Framework Convention on Climate Change (UNFCCC) and Wopke Hoekstra, European Commissioner for Climate Action.
Speaking at the press conference, Commissioner Wopke Hoekstra emphasized that a difficult but historic decision was made at COP29—tripling the initial climate finance target of $100 billion, marking the beginning of a new era in climate finance.
He also noted that COP30, set to take place this year in Belém, Brazil, will serve as an opportunity to reaffirm commitment to the full implementation of the Paris Agreement and further consolidate the progress achieved during COP28 and COP29.
More about:
