BAKU, Azerbaijan, November 14. Based on
preliminary results from the climate scanner assessment presented
by the supreme audit institution of Brazil, the report highlights
that in most countries, government policies related to national
commitments, mitigation strategies, and adaptation plans are
generally satisfactory, Trend reports.
These policies encompass governmental measures including
governance, legislation, administrative frameworks, and risk
management.
This was announced today at an event presenting the results of
the climate scanner assessment, organized by the Chamber of
Accounts of the Republic of Azerbaijan and the International
Organization of Supreme Audit Institutions (INTOSAI) as part of the
29th session of the Conference of the Parties to the UN Framework
Convention on Climate Change (COP29).
The discussions highlighted the urgent need to strengthen
existing mechanisms and enhance ongoing efforts in the financial
sector, particularly in the areas of domestic, international, and
private climate financing.
The 29th session of the Conference of the Parties to the UN
Framework Convention on Climate Change (COP29), which will run
until November 22, opened at the Baku Olympic Stadium on November
11.
The UN Framework Convention on Climate Change is an agreement
signed at the Rio Earth Summit in June 1992 to prevent dangerous
human interference in the climate system. The acronym COP
(Conference of Parties) stands for “Conference of Parties” and is
the highest legislative body overseeing the implementation of the
Framework Convention on Climate Change.
A total of 198 countries are parties to the Convention. Unless
otherwise decided by the parties, COP is held annually. The first
COP event was held in March 1995 in Berlin, and its secretariat is
located in Bonn.
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