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"Azerbaijan has done an excellent job preparing for this event,and the country deserves to be thanked for its efforts," hesaid. Tajik also expressed satisfaction with the fact that for twoconsecutive years, COP has been hosted by countries neighboringIran. The 29th session of the Conference of the Parties to the UNFramework Convention on Climate Change (COP29), which will rununtil November 22, opened today at the Baku Olympic Stadium.
Theevent is the largest organized by Azerbaijan to date and is thefirst time the region has hosted the event in Azerbaijan. Within COP29, the highest level event - the summit of worldleaders on climate action - will be held on November 12–13. The main expectation from COP29 is to agree on a fair andambitious New Collective Quantitative Goal (NCQG) on climatefinance.
The COP29 chairmanship has launched 14 initiatives that includelinkages between climate action and the Sustainable DevelopmentGoals, including green energy corridors, green energy storage,harmony for climate resilience, clean hydrogen, methane reductionin organic waste, action on green digital technologies, and othertopics. In addition to being a top priority that creates the conditionsfor action, creating climate finance will also help fulfill the1.5°C pledge by bringing everyone together.
The UN Framework Convention on Climate Change is an agreementsigned at the Rio Earth Summit in June 1992 to prevent dangeroushuman interference in the climate system. The acronym COP(Conference of Parties) stands for “Conference of Parties” and isthe highest legislative body overseeing the implementation of theFramework Convention on Climate Change. A total of 198 countries are parties to the Convention.
Unlessotherwise decided by the parties, COP is held annually. The firstCOP event was held in March 1995 in Berlin, and its secretariat islocated in Bonn..
