The EU Commissioner for Climate stressed the critical need to raise additional funds to support those in need.
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00:00It's the start of the second and final week here at COP29 in Baku, which promises to be
00:07the most crucial one, with a final agreement expected in the coming days.
00:12Climate ministers have stepped in to help advance negotiations.
00:16While campaign groups and climate activists have expressed frustration over the slow progress
00:20in the talks, on Monday the UN climate chief emphasised the importance of ensuring this
00:25COP delivers greater financial support for building climate resilience and adaptation.
00:30In their first press conference of the second week, the EU Commissioner for Climate reaffirmed
00:34that the EU will continue to lead and engage.
00:37He also stressed the critical need to raise additional funds to support those in need.
00:42It is the start of a long week of negotiations and these things, as we all know, are never
00:48easy.
00:49But we do have a job to do, so let's get it done.
00:52It is a combination of raising more money and truly implies that more countries need
00:59to take the responsibility.
01:02The focus remains on Article 6.
01:06Which can bring additional financing capabilities based on market mechanisms.
01:12So I think a combination of many things that could help us to progress.
01:17Uxtra took this opportunity to call on the COP Presidency to bring all parties together
01:22and deliver concrete results in the talks over the course of this week.
01:26Giorgia Orlandi, COP29, in Baku.