The 29th United Nations Climate Change Conference (COP29) is taking place in Baku, Azerbaijan, bringing together representatives from over 200 countries to discuss critical issues such as climate finance, fossil fuel transition, and compensation for loss and damage. Bangladesh's Chief Adviser Prof Muhammad Yunus will address the summit, emphasizing the need for fair compensation for countries like Bangladesh, which suffer disproportionately from climate change effects caused by developed nations. The conference is clouded by controversy, with Azerbaijan, a major oil producer, hosting and presiding over the event, raising questions about its commitment to climate goals. Additionally, the Taliban is attending the conference for the first time, seeking international support for Afghanistan's climate initiatives. A major focus is setting a new financial target to support developing countries, replacing the unmet $100 billion annual pledge, with discussions on broadening the contributor base to include economies like China and Middle East petrostates.