“I have just returned from the G20 Summit in Rio. COP29 was very much on the agenda,” said António Guterres, UN Secretary-General, as he addressed the press conference held in Baku on Thursday.
“I urged G20 leaders to instruct their ministers and negotiators to secure a new ambitious climate finance goal at COP29. And I heard leader after leader stress the importance of concrete success. Delegations, and the COP Presidency, are working hard to find common ground. But, as I said in my opening remarks here, the clock is ticking. I sense an appetite for agreement. To deliver an ambitious and balanced package on all pending issues, with a new finance goal at its heart. Failure is not an option,” the UN Secretary-General added.