COP29 Presidency Urges Parties to Fulfill Climate Finance Commitments at Pre-COP Meeting in Brazil

Brasilia: The COP29 Presidency has concluded its participation in the Pre-COP gathering in Brasilia, marking the final negotiations before COP30 in Belem.

According to Azerbaijan State News Agency, during the summit, the COP29 Presidency emphasized the importance of all parties fulfilling their climate finance commitments. This is seen as a crucial step towards achieving Brazil’s objective of an implementation-focused COP.

The COP29 President, Mukhtar Babayev, alongside Lead Negotiator Yalchin Rafiyev, specifically urged parties to make headway on adaptation efforts. They stressed the need to sustain momentum and concentrate on the Baku Adaptation Roadmap, which is expected to play a significant role in advancing the Global Goal on Adaptation.