UN General Assembly
2024

global climate action. As the Incoming Presidency, Azerbaijan reaffirms its commitment to delivering COP29 in a transparent, impartial, inclusive, and party-driven manner. We have presented our vision based on two parallel pillars to enhance ambition and enable action, with climate finance as our top priority this year. These pillars are mutually reinforcing — progress on each sends a strong signal supporting the other. The primary expectation for the COP29 Presidency is an agreement on a fair and ambitious New Collective Quantified Goal (NCQG) on climate finance. This will be the first major climate finance goal after adopting the Paris Agreement, and we have been working tirelessly to support the Parties in landing a deal. The COP29 Presidency made it clear that agreeing on a fair and ambitious NCQG that is adequate to the urgency and scale of the problem and takes into account the needs and priorities of developing countries is the ultimate test of the Parties' commitment to the Paris Agreement and climate action in the years ahead.