UAE, Azerbaijan, Brazil Form Climate Troika to Pursue 1.5C Goal
The three nations, hosts of upcoming UN climate summits, aim to bolster global efforts to limit warming, focusing on more ambitious carbon reduction targets.
- The United Arab Emirates, Azerbaijan, and Brazil have announced a 'troika' partnership to push for more ambitious global climate goals.
- The collaboration aims to keep the global temperature increase within 1.5 degrees Celsius, a target set by the 2015 Paris Agreement.
- The troika's immediate focus is on setting a new global target for climate finance for developing countries at the COP29 summit in Azerbaijan.
- Nearly 200 countries are expected to submit updated national CO2-cutting pledges by the COP30 summit in 2025, seen as a crucial opportunity to meet the 1.5C target.
- The announcement comes amid concerns that global greenhouse gas emissions continue to rise, with little progress on key issues like financial support for developing countries.