<p>Summer 2024 recorded the hottest temperatures ever, making it increasingly likely that this year will again break global temperature records. Such developments<br />
underscore the urgent need for decisive global action. The United Nations Framework Convention on Climate Change (UNFCCC) process, particularly through its Conferences of the Parties (COPs), provides a critical platform for fostering international cooperation on climate policy. These gatherings help shape a global roadmap for sustainable development and the realization of the long-term targets of the Paris Agreement (PA). This year, COP29, to be held in Baku, Azerbaijan, is expected to play a pivotal role in addressing the key issue of scaling up international climate finance to enhance mitigation and adaptation strategies to curb further warming What is the NCQG and why is it set to dominate discussions at COP29? Can COP29 deliver on the final operationalization of carbon markets under Article 6?</p>
