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Azerbaijan's FM calls on everyone to transcend political divergences, stand in unity, and respect the Truce during the month of COP29

Jeyhun Bayramov, Minister of Foreign Affairs of the Republic of Azerbaijan

29 September 2024 03:19 (UTC +04:00)

November 2024, Azerbaijan will host the 29th Conference of the Parties to the United Nations Framework Convention on Climate Change. Guided by the call In Solidarity for a Green World, Azerbaijan will spare no effort to bridge developed and developing countries and foster a collaborative spirit to tackle climate challenges as a common commitment and moral duty, said Minister of Foreign Affairs of Azerbaijan Jeyhun Bayramov as he addressed the 16th Plenary Meeting of the UN General Assembly, APA reports.

The confidence placed in us by the international community to host and preside over COP29 this year is a testament and recognition to Azerbaijan's readiness to lead the climate agenda and contribute to global climate action. As the Incoming Presidency, Azerbaijan reaffirms its commitment to delivering COP29 in a transparent, impartial, inclusive, and party-driven manner.

We have presented our vision based on two parallel pillars to enhance ambition and enable action, with climate finance as our top priority this year. These pillars are mutually reinforcing – progress on each sends a strong signal supporting the other.

The primary expectation for the COP29 Presidency is an agreement on a fair and ambitious New Collective Quantified Goal (NCQG) on climate finance.

This will be the first major climate finance goal after adopting the Paris Agreement, and we have been working tirelessly to support the Parties in landing a deal.

The COP29 Presidency made it clear that agreeing on a fair and ambitious NCQG that is adequate to the urgency and scale of the problem and takes into account the needs and priorities of developing countries is the ultimate test of the Parties' commitment to the Paris Agreement and climate action in the years ahead.

We need to continue to work constructively on the NCQG and steer the process to a successful outcome at COP29.

COP 29 Presidency also works with the Parties to deliver an outcome on carbon markets this year. Fully functioning carbon markets will be a significant step in implementing nationally determined contributions (NDCs) cost-effectively and bolstering ambition in mitigation.

Moreover, we have put forward 14 initiatives covering topics such as the link between climate action and sustainable development goals, green energy zones and corridors, energy storage, harmony for climate resilience, agriculture, clean hydrogen, methane reduction from organic waste, green digital action, and more. One of the initiatives under COP29 Action Agenda includes the establishment of the Climate Finance Action Fund, an innovative source for climate finance to be voluntarily supported by fossil fuel-producing countries and companies.

COP29 will also be an opportunity to set differences aside and contribute to global peace and the climate agenda. Given the intersection of conflicts and the increasingly challenging climate crisis, Azerbaijan introduced a flagship COP29 Truce Initiative embedded in the Joint Solemn Appeal announced a few days ago.

More than thousand NGOs, Faith Leaders and prominent personalities, as well as many parties have already joined this Appeal. We call on everyone to transcend political divergences, stand in unity, and respect the Truce during the month of COP29.