By Aytaj Shiraliyeva

Copyright trend

BAKU, Azerbaijan, September 30. COP30 will
adopt indicators for the global adaptation goal, the senior
representative of the United Nations Framework Convention on
Climate Change (UNFCCC), Dan Ioschpe, said in a video address to
participants of Baku Climate Action Week, Trend reports.

In his address, he emphasized that the primary tasks on the path
to COP30 in Belém will be to align ambitions with the practical
implementation of initiatives, as well as to foster a unified
global agenda for climate action. According to Ioschpe, it is
necessary not only to scale up existing solutions but also to
develop new ones, with a particular focus on adaptation and
sustainability.

He noted that the damage from climate disasters in 2024 amounted
to $320 billion, and today the question is not whether we can
afford to invest in adaptation, but whether we can afford not to.
At the same time, adaptation accounts for less than 5 percent of
all climate finance.

Ioschpe emphasized that COP30 will see a decisive step forward
with the adoption of global adaptation goal indicators. This will
enable progress to be tracked and commitments to be
demonstrated.

As examples of successful initiatives, he cited the activities
of the Ocean Risk and Resilience Action Alliance, which has
directed $45.5 million toward innovative financial and insurance
solutions to protect coastal communities, as well as the
achievements of the global coalition One Planet Business for
Biodiversity and the organization Build Change.

“Global sustainability is shaped by local communities and the
active participation of people, and requires leadership from
society as a whole. We must accelerate action on adaptation and
sustainability by putting people at the center of the climate
agenda,” Dan Ioschpe concluded.