The UN Climate Change Conference in Baku, Azerbaijan, concluded on Sunday after an extension of over 30 hours of intense negotiations. The event culminated in the adoption of more than 20 decisions aimed at implementing the UN Framework Convention on Climate Change, the Kyoto Protocol, and the Paris Agreement, collectively known as the Baku Climate Solidarity Pact.
A key outcome of the conference was the agreement on climate finance targets for the post-2025 period. Developed countries have committed to providing at least $300 billion annually by 2035, while the overall climate financing goal reached $1.3 trillion per year to support climate actions in developing nations.
The conference also finalized operational rules for the international carbon market mechanism under Article 6 of the Paris Agreement. Additionally, arrangements were made for the mitigation work program and the global adaptation goal, further bolstering the global momentum towards a green and low-carbon transition.
The Chinese delegation played an active role in the negotiations, participating in all agenda items and hosting a series of themed days at the China Pavilion with various sideline activities. Zhao Yingmin, head of the Chinese delegation and vice minister of ecology and environment, emphasized China's commitment to multilateralism and the principle of \"common but differentiated responsibilities.\" Zhao affirmed that China will continue its national strategy to address climate change, pursue carbon peaking and neutrality goals, and engage in South-South climate cooperation to support global sustainable development.
China also pledged to provide support within its capacity to assist other developing countries in tackling climate challenges, contributing to a global effort for a green, low-carbon, climate-resilient, and sustainable future.
Reference(s):
cgtn.com
