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The #COP29 presidency has announced what it aims to achieve at the next #ClimateChange conference in Baku, Azerbaijan. Its flagship goal is to create a Climate Finance Action Fund (CFAF) made up of voluntary contributions from countries and companies producing #FossilFuels to finance climate mitigation, adaptation, research and development – and fund rapid responses to natural disasters in climate-vulnerable countries. Azerbaijan's agenda for the conference has been met with scepticism from the likes of Andreas Sieber of 350.org and Paul Polman, former CEO of Unilever, now a climate and peace activist. https://lnkd.in/e2Er6ruU #ChiefSustainabilityOfficer #ClimatePolicy #EnergyTransition

COP29: Azerbaijan wants fossil fuels to fund climate adaptation

COP29: Azerbaijan wants fossil fuels to fund climate adaptation

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