Chief Adviser Prof Muhammad Yunus is scheduled to leave for Baku, Azerbaijan today (Monday) to attend the UN's biggest climate conference, COP29 to discuss how to avoid increasing threats from climate change.
A key focus of COP29 will be on finance, as trillions of dollars are required for countries to drastically reduce greenhouse gas emissions and protect lives and livelihoods from the worsening impacts of climate change.
The 29th Conference of the Parties to the UN Framework Convention on Climate Change (COP29) is taking place from November 11 to 22, Environment, Forest and Climate Change Adviser Syeda Rizwana Hasan, who will be attending the COP29 has said, "It's time that developed nations uphold their commitments to support the most affected countries," she asserted, highlighting the disproportionate challenges faced by vulnerable nations like Bangladesh.
With global temperatures hitting record highs, and extreme weather events affecting people around the globe, COP29 will bring together leaders from governments, business and civil society to advance concrete solutions to the defining issue of time.
The conference will also be a key moment for countries to present their updated national climate action plans under the Paris agreement, which are due by early 2025, according to the UNFCCC.
If done right, these plans would limit global warming to 1.5°C above pre-industrial levels and double as investment plans advancing the Sustainable Development Goals.
With climate impacts inflicting growing human and economic costs in every country, every COP is a vital global moment that must deliver major progress, and COP29 is no exception.
Meanwhile, Adviser Hasan urged developed countries to fulfill their climate finance commitments and provide technological support to nations most vulnerable to climate impacts.
Prof Yunus will be leading a small delegation and will return home on November 14.