Yalcin Rafiyev: By 2035, it is planned to increase climate financing to $1.3 trillion

The COP30 climate conference, which will be held this year in Brazil, will present the roadmap "Baku to Belem," Deputy Foreign Minister Yalcin Rafiyev said at a conference within the Caspian Agro and InterFood Azerbaijan exhibitions, Report informs.

He noted that by 2035, it is planned to increase annual climate financing to $1.3 trillion.

"All countries will work together to increase climate financing from $300 billion to $1.3 trillion not only through the public but also the private sector. We are currently working with our Brazilian colleagues on the roadmap "Baku to Belem" worth $1.3 trillion," he said.