+
COP29 in Baku Crucial for Climate
ECONOMY & POLICY

COP29 in Baku Crucial for Climate

The upcoming COP29 in Baku is seen as a pivotal moment in the global fight against climate change. With increasing pressure on countries to accelerate their climate commitments, this conference will serve as a critical platform for setting actionable targets for reducing global emissions, addressing the climate crisis, and aligning global economies with sustainable practices.

As the world grapples with rising temperatures, extreme weather events, and the urgency to shift towards a net-zero future, COP29 will focus on tightening the rules of the Paris Agreement, including enhanced financial support for developing nations and stronger monitoring mechanisms for climate action. It is expected that countries will discuss scaling up renewable energy sources, investing in green technologies, and transitioning away from fossil fuels.

Experts warn that this year's discussions must go beyond pledges and translate into binding commitments and actions. This is especially significant for industries like energy, transportation, and manufacturing, where major shifts are required to reduce their carbon footprints.

The outcome of COP29 will likely influence global climate policies and impact the trajectory of international efforts to keep global warming well below 2°C. With host country Azerbaijan, located in a critical energy-producing region, discussions will also touch on the role of fossil fuel nations in the transition to a more sustainable energy future.

The upcoming COP29 in Baku is seen as a pivotal moment in the global fight against climate change. With increasing pressure on countries to accelerate their climate commitments, this conference will serve as a critical platform for setting actionable targets for reducing global emissions, addressing the climate crisis, and aligning global economies with sustainable practices. As the world grapples with rising temperatures, extreme weather events, and the urgency to shift towards a net-zero future, COP29 will focus on tightening the rules of the Paris Agreement, including enhanced financial support for developing nations and stronger monitoring mechanisms for climate action. It is expected that countries will discuss scaling up renewable energy sources, investing in green technologies, and transitioning away from fossil fuels. Experts warn that this year's discussions must go beyond pledges and translate into binding commitments and actions. This is especially significant for industries like energy, transportation, and manufacturing, where major shifts are required to reduce their carbon footprints. The outcome of COP29 will likely influence global climate policies and impact the trajectory of international efforts to keep global warming well below 2°C. With host country Azerbaijan, located in a critical energy-producing region, discussions will also touch on the role of fossil fuel nations in the transition to a more sustainable energy future.

Next Story
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?