The negotiations at the UN Climate Change Conference (COP29) taking place in Baku, Azerbaijan, are a crucial test of global resolve against climate change. Countries from all over the world are meeting to discuss and agree on joint actions to support existing contributions to reduce greenhouse gas emissions and prevent further global warming.
Key challenges and expectations
COP29 comes at a time when global temperatures are on the rise and the number of extreme climate events is increasing. Therefore, the negotiations not only have to prolong the life of already existing promises, but also ensure their more effective implementation. However, the problem remains the question of financing - especially for developing countries, which support the most in adapting to climate impacts. These to more richly provide the required financial support in a fund that helped them adapt by providing the country with sustainable energy sources at the same time.
According to some experts, it is crucial that COP29 not only come up with new goals, but also provide mechanisms that monitor countries' progress in achieving their climate goals. These mechanisms should be transparent and measurable to ensure trust between items and to ensure that all commitments are met effectively.
Key body of COP29
- Financing adaptation and mitigation : Much of the discussion concerns the creation of a strong framework for financing, where developing countries require specific commitments from rich countries. One solution is to increase contributions to the Green Climate Fund, which was used for the adaptation and development of sustainable technologies.
- Transition to clean energy : The transition from fossil fuels to renewable energy sources is one of the goals of COP29. Participating countries will discuss how to increase carbon reduction and encourage investment in solar, wind and other forms of renewable energy.
- Protecting biodiversity and reducing deforestation : Degradation of forests and reduction of biodiversity are serious climate threats. Therefore, one of the main goals of COP29 is to find mechanisms to protect natural ecosystems that serve as "carbon sinks" and contribute to maintaining ecosystem stability.
- Support of technologies and innovations : Technology and innovation play a key role in achieving climate goals. The discussions would have concrete plans to finance technological innovations that reduced greenhouse gas emissions and enabled greater decarbonisation of industry.
A significant turning point for climate diplomacy
COP29 can be a major turning point for global climate efforts if countries can agree on American but also real steps. However, a series of failures to change the funding and transparency negotiations remains a warning. Critics warn that if a way to measure and track commitments is not achieved, COP29 could end up as another forum where promises are not kept.
On the other hand, optimists believe that and the ever-increasing number of climate disasters create an urgent need to unite efforts. COP29 in Baku therefore represents an opportune opportunity to create a stronger commitment that contributed to a more sustainable future and halted or slowed down the progress of the climate crisis.
If COP29 lives up to expectations, it could be a significant step for the world towards averting the catastrophic consequences of climate change.