BAKU: Azerbaijani President Ilham Aliyev announced significant progress in the COP29 negotiation process during a meeting with Alain Berset, Secretary General of the Council of Europe. The discussions focused on the advancements made, particularly concerning Article 6 of the Paris Agreement, which has been under deliberation for over a decade.
According to Azeri-Press News Agency, President Aliyev emphasized that the initial results have been achieved in the negotiations surrounding Article 6, and discussions will continue in this area. He also mentioned that recent statements from international financial institutions regarding a new financial target are seen as encouraging developments. The President expressed optimism that a new financial target will be set at COP29, underscoring the high expectations of developing countries concerning this issue.