On November 11, the annual United Nations Climate Change Conference (COP29)

Current Context: On November 11, the annual United Nations Climate Change Conference (COP29) was held in Baku, Azerbaijan.

Organized by: United Nations Framework Convention on Climate Change (UNFCCC)
Chaired by: Mukhtar Babayev, Azerbaijan's Minister of Ecology and Natural Resources
Theme: "In Solidarity for a Green World"
Aim: Address climate finance, fossil fuel transition, and loss and damage from climate change
Important Highlights:

New Climate Finance Goal: Discussed the establishment of a new global climate finance goal to support developing countries.
Enhanced Global Commitments: Enhanced commitments to reduce carbon emissions and limit global warming.
Renewable Energy Adoption: Promoted strategies to adopt renewable energy sources, reducing reliance on fossil fuels.
Mitigation and Resilience: Focused on strategies to mitigate climate change impacts and enhance community and ecosystem resilience.

Nations agreed to raise $300 billion annually by 2035 to support climate action in developing countries. This triples the previous target of $100 billion and aims to help vulnerable nations transition to renewable energy, adapt to climate change, and cope with climate-related disasters.
Strengthened global climate commitments.
Agreed on strategies for renewable energy adoption and climate impact mitigation.

Additionally, on November 20, 2024, more than 50 countries signed the UN Sustainable Tourism Declaration at COP29. This declaration aims to make tourism more climate-friendly and reduce its environmental impact.
These outcomes highlight the global commitment to collaborative action towards a sustainable future.

Question:

1 Who chaired the COP29 conference?