Bonn climate talks set stage for crucial decisions at COP29 in Baku

The outcomes of the discussions held during the climate conference in Bonn will significantly influence the decisions made at COP29 in November this year in Baku, Azerbaijan.

Report informs via Euronews that the Bonn conference is addressing critical issues such as climate finance, national climate action plans, ensuring a just transition from fossil fuels, and national adaptation plans.

The article notes that one of the key objectives at COP29 will be setting new targets for climate finance from developed countries to supporting developing nations.

"At the conference in Bonn, countries will need to reach agreements that will serve as the basis for negotiations at the UN climate conference in Azerbaijan. This will help determine what climate finance could look like after 2025, as well as interim targets for mitigation, adaptation, loss and damage. It will also help determine the form in which funding will be provided - whether as grants or loans," the material emphasizes.