As the world prepares for the UN Climate Change Conference (COP29) in Baku, Azerbaijan, from today, the spotlight is on the pivotal role financial institutions will play in mitigating the climate crisis.
Delegates will be seeking global unity on tackling the climate crisis with urgency and ambition as a follow-up to commitments made in the previous years. This year’s 10-day conference is poised to build on the COP28 momentum where countries and stakeholders reaffirmed their commitment to climate action amid the urgent need for robust financial mechanisms.