Azerbaijan, Australia mull climate financing for COP29

COP29 President Mukhtar Babayev discussed cooperation issues with Australian Minister for Climate Change and Energy Chris Bowen ahead of COP29, according to Report.

"Very productive and valuable meeting in Australia collaborating on global efforts to combat climate change ahead of COP29 and beyond. Discussions for the COP29 President-Designate, Mukhtar Babayev with Hon. Chris Bowen, Minister for Climate Change and Energy of Australia. There were vital exchanges on renewable energy, emissions reduction, and investment in clean industries. The importance of climate finance at COP29 in November was also discussed. Finance is crucial to keeping 1.5C within reach and addressing the scale and urgency of the climate crisis," COP29 said in a post on X.

Very productive and valuable meeting in Australia collaborating on global efforts to combat climate change ahead of COP29 and beyond.

Discussions for the COP29 President-Designate, Mukhtar Babayev with Hon. @Bowenchris, Minister for Climate Change and Energy of Australia.… pic.twitter.com/FnBCf38QjE

— COP29 Azerbaijan (@COP29_AZ) August 28, 2024