Baku: President of the Republic of Azerbaijan Ilham Aliyev met with Muhammad Al Jasser, Chairman of the Board of Governors of the Islamic Development Bank (IsDB), on November 14, APA reports. During their meeting, they attended a signing ceremony for several crucial agreements related to the ‘Construction of the Main Irrigation Canal from the Maiden … Read more
Bonn: “Climate finance is key to unlocking climate action on the ground,” Simon Stiell, the Executive Secretary of the UN Framework Convention on Climate Change (UNFCCC) wrote on X, APA reports. “Climate finance is not charity. An ambitious new climate finance goal is entirely in the self-interest of every single nation. We must agree on … Read more
Baku: Former British Prime Minister Theresa May urged governments to support businesses in addressing climate change during the “COP29 Business, Investment, and Philanthropy Climate Platform” event. The event, organized by the Export and Investment Promotion Agency (AZPROMO), was part of the 29th session of the United Nations Framework Convention on Climate Change (COP29) held in … Read more
Baku: The Asian Development Bank (ADB) has announced plans to allocate $3.5 billion over the next seven years toward the development of water resources, agriculture, and food sectors in Central Asia. This announcement was made by ADB President Masatsugu Asakawa during the Central Asia Regional Economic Cooperation (CAREC) Climate, Innovation and Trade Partnership ministerial meeting, … Read more
BAKU: Assistant to the President of the Republic of Azerbaijan, Hikmat Hajiyev, has issued a strong response to Josep Borrell, the EU’s High Representative for Foreign Affairs and Security Policy, accusing him of attempting to undermine the credibility of the COP process. Hajiyev’s remarks came after Borrell’s controversial statement comparing the European Union to a … Read more
New York: Jin Liqun, President and Chairman of the Board of the Asian Infrastructure Investment Bank (AIIB), emphasized the necessity of providing financial assistance to those adversely affected by climate change during his speech at the Finance, Investment and Trade Day of the Co-Chairs of the Finance Ministers’ Coalition within the framework of COP29. According … Read more
Islamabad: For the first time in the country’s history, Pakistan has announced its new climate finance strategy to be implemented by 2030, Pakistani Prime Minister’s Coordinator for Climate Change, Rumina Khurshid Alam said during an event at the national pavilion of the country at COP29. According to Azeri-Press News Agency, Alam explained that the strategy … Read more
Baku: A high-level dialogue on “Scaling Investment for a Fair Transition” was held within the framework of the COP29 presidency and in cooperation with the Asian Development Bank. According to Azeri-Press News Agency, the event was attended by Dutch Deputy Finance Minister Casper Wesseling and UNFCCC Executive Secretary Simon Stiell, with US Treasury Secretary Janet … Read more
Baku: Within the framework of COP29, the Azerbaijan Chamber of Accounts and the International Organization of Supreme Audit Institutions (INTOSAI) organized an event titled “What stage are governments in their climate activities? – Results of the Climate Scanner assessment”, APA reports. According to Azeri-Press News Agency, the event was attended by representatives of the Supreme … Read more
