On 13-14 March 2024, Ban Ki-moon Centre for Global Citizens (BKMC) COO Katre Olmez attended the Financial Times Capital Live event titled “Overcoming roadblocks to implementation” in London, the United Kingdom. The two-day event focused on climate finance and hosted several panels and interviews with various stakeholders from the private sector, the NGO world as well as media institutions.

During the first day of the event, Development Minister of Denmark Dan Jørgensen highlighted the goal for the upcoming COP29 in Baku as “define ways to achieve doubling adaptation”.

On the second day, Mukhtar Babayev, Azerbaijan’s Minister of Ecology and Natural Resources and President-designate of COP29 announced “Climate Finance” as the top priority for COP29. He also underlined that 80% of Azeri land is used for agriculture and half of the population lives in villages so agriculture is very important in climate change discussions.

A panel rounding the discussion on climate adaptation, and adaptation finance indicated that 10 to 18 times of the current finance needs to flow to adaptation in developing countries. BKMC’s partner organization CGIAR was represented on stage by Aditi Mukherji, Director of the Climate Change Adaptation and Mitigation Impact Action Platform who emphasized that farmers need to be linked to the incentives to empower them and there is a high need to work on public policy.

Read more about the event here.

Check out the pictures here.

COO Olmez with Aditi Mukherji from CGIAR.