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UN climate conference host Azerbaijan to upgrade targets

by Reuters

BRUSSELS Mar 14, 2024 - 7:56 pm GMT+3
 Mukhtar Babayev, Azerbaijan ecology and natural resources minister, attends a plenary stocktaking session at the COP28 U.N. Climate Summit, in Dubai, United Arab Emirates, Monday, Dec. 11, 2023. (AP File Photo)
Mukhtar Babayev, Azerbaijan ecology and natural resources minister, attends a plenary stocktaking session at the COP28 U.N. Climate Summit, in Dubai, United Arab Emirates, Monday, Dec. 11, 2023. (AP File Photo)
by Reuters Mar 14, 2024 7:56 pm

The 2024 United Nations Climate Change Conference or Conference of the Parties of the UNFCCC, more commonly known as (COP29) host Azerbaijan announced plans to upgrade its target to reduce emissions ahead of the scheduled summit, according to the chair of the conference.

Mukhtar Babayev, minister of ecology and natural resources, said Baku had started preparations to consider updating its national climate change commitment (NDC).

"It is not only a chance for Azerbaijan, but all other countries to prepare and announce the upgraded NDCs in Baku in November this year," Babayev told a Financial Times conference in London in a recorded interview.

Azerbaijan's announcement comes as Simon Stiell, executive secretary of the United Nations Framework Convention on Climate Change, sent a letter to all countries asking them to beef up their national climate plans up to 2035, strengthen their 2030 emissions reduction targets and commit more money for climate finance.

"Critically, your NDCs 3.0 (new climate plans) and 2030 targets will collectively determine whether the world can get back on a global emissions trajectory in line with limiting global temperature rise to 1.5C this century, as required by science under the Paris Agreement," he wrote.

Stiell will attend a gathering of countries' climate ministers in Copenhagen next week.

Test of Resolve

Babayev, who previously spent two decades at Azerbaijan's state-owned oil and gas firm, did not specify what the amended target would be.

Campaigners and some climate scientists have criticized his appointment, for continuing a trend of individuals with deep ties to the oil and gas industry leading global negotiations to combat climate change.

Oil and gas account for 91% of Azerbaijan's exports, according to U.S. data for 2022.

Babayev said Azerbaijan was committed to expanding green energy sources to a 30% share of the mix by 2030. The country is rich in untapped wind and solar resources, but today its energy is nearly entirely produced from fossil fuels.

He said he had begun talks with financial institutions, banks, campaigners and the private sector to lay the groundwork for a consensus at the summit on raising more finance to help developing nations with the energy transition.

The November meeting in Baku will test governments' appetite to fight climate change after a bumper year of elections from the EU and U.S. to India and South Africa.

COP29 serves as the deadline for countries to agree on a new global climate finance goal to help poorer nations cope with worsening climate change.

Last year’s COP28 climate summit in the United Arab Emirates was led by Sultan Al-Jaber, head of the country’s state-owned oil firm. That summit yielded the first global agreement to transition away from fossil fuels but fell short of the full phase-out more than 100 countries including the EU, U.S. and climate-vulnerable small island states had sought.

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