COP29 Host Reveals Climate Funding and Energy Storage Goals ...Middle East

On Tuesday, Azerbaijan, which will host the COP29 climate summit, unveiled a dozen initiatives it hopes to achieve at the November meeting, including funds to help developed countries lower emissions and fight climate change and a significant boost to energy storage globally. The Azerbaijani COP29 Presidency sent a letter to all parties, outlining the ‘Action Agenda’ for the upcoming climate summit. One of the outcomes the Presidency looks to achieve is to broker a deal on a Climate Finance Action Fund (CFAF). This fund would be made…

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