Overview

• COP29 begins on November 11 in Baku, Azerbaijan, with climate finance being the primary issue on the agenda.
• Approximately 100 world leaders are expected to attend the summit's opening days before delegating negotiations to environment ministers and officials.
• The summit is crucial for developing countries seeking assurances of substantial financial support to mitigate climate impacts.
• Azerbaijan's President Ilham Aliyev and COP29 President Mukhtar Babayev, both with ties to the oil industry, play key roles in hosting the event.
• UN Secretary-General António Guterres is expected to advocate for increased climate finance from wealthy nations and address fossil fuel executives.