Baku Summit tough, finance deal key to climate progress: Ex-Maldives prez

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Negotiations at the UN climate conference in Baku in November are expected to be "extremely challenging", former Maldivian president Mohamed Nasheed has said while emphasizing that an agreement on a new finance goal is central to breaking the political deadlock on climate action.

In an interview with PTI, Nasheed, the Secretary-General of the Climate Vulnerable Forum (CVF), said Azerbaijan's resolve to negotiate commitments upwards at COP29 under its presidency will be tested.

The CVF is a group of developing countries highly vulnerable to climate change.

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Category: BusinessFinance

Markets: IndiaAzerbaijanBrazilGermanyMaldives

Topics: UN summit United Nations Baku Summit Mohamed Nasheed

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-14 @ 15:08:22 (3 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 802 words

Reading Time: 5 minutes read

Sentences: 27 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21606931

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