COP29: The remaining days

Azerbaycan’s capital was held in Baku, COP29 (The Framework of Change of the Framework of the Framework of the Parliamentary Conference 29 of the Parties), bringing together climate action supporters from around the world with 72 thousand people from 169 countries. The conference in temporary areas established in Baku Olympic Stadium continues to bring solutions to environmental problems. During the meetings of the UN (Unified Nations) in the Blue Region continue negotiations between governments, Green Zone exhibits public and non-governmental organizations projects. In events coloured with Azerbaijani culture, participants are met with local music and traditional clothes. While the conference follows more than 3 thousand journalists, the pankarts opened by climate activists in the stadium area also attract attention.

Indictations on the text of the financing of the uterus]
COP29 Headachereci Yalchin Rafiyev identified the text that opened to discussion after three years of preparation process for climate financing as a ‘containable foundation’. However, developing countries do not find enough text by specifying that climate change needs a much higher amount of financing to deal with increased effects. While the amount and resources of the finance take disputes, Rafiyev expressed that the text may create a starting point with revisions. [

“The cost of withdrawals is increased by folding” [
Climate Financing consisting of leading economists According to a study conducted by the Independent Top-Level Expert Group, the poor countries need 1 trillion dollar climate financing annually by 2030. This financing is vital to reduce greenhouse gas emissions and cope with the effects of climate crisis. The G77 Group argues that the annual 1.3 trillion dollar should be determined, while the rich countries prefer a private sector funds and a financial approach based on new taxes. The Economist Lord Stern found in a quick commitment call, saying “The cost of withdrawals is increased by folding”.

lim policies can lead to 2.7 degree warming][
A new analysis made by Climate Action Tracker was found in the warning that the current climate policies can reach 2.7 degrees of global temperature rise until the end of the century. This prediction, which is quite far from the 1.5 degree threshold that Paris Agreement targets, faces the world with serious climate risks. Despite the rapid growth in renewable energy, emissions are rising due to the increase in the use of fossil fuel and the severity of climate disasters is increasing.

Turkey participated in the declaration of increasing the nuclear energy capacity]
The Minister of Energy and Natural Resources Alparslan Bayraktar announced that Turkey signed the declaration of the declaration prepared by the aim of tripled the nuclear energy capacity by 2050. El Salvador, Kazakhstan and Kenya also supported nations, brought the discussions that nuclear energy is not a solution in the climate crisis. Environmental organizations argue that nuclear energy should be invested in renewable energy and energy efficiency by specifying it is costly, risky and time consuming.