Azerbaijan

The 29th Conference of the Parties to the UN Framework Convention on Climate Change (COP29) provided a global stage for advancing carbon farming initiatives in Kazakhstan, a country uniquely positioned to drive nature-based climate solutions in the Asian Drylands Belt (ADB). The side event, titled “Carbon Farming in Kazakhstan: Unlocking the Opportunity,” was held at the QAZAQSTAN Pavilion in Baku, co-organized by IIASA, the BRICS Competition Law and Policy Centre, the Center for Applied Research TALAP, and the Government of the Republic of Kazakhstan.

COP29 in Baku, Azerbaijan, came to an end after a bitter fight. Wealthy nations pledged to triple support to reach 300 billion Dollars per year by 2035. Developing countries said they needed 1.3 trillion Dollars. IIASA researchers also estimate the needs to reach trillions, not billions. Hence, a disappointing outcome, overshadowed by geopolitical tensions, according to IIASA’s experts.