Sun. Jul 21st, 2024

Oil veteran named head of COP29 | COP28: climate summit in Dubai

Natasha Kumar By Natasha Kumar Jan5,2024

Oil veteran named as head of government te of the COP29 | COP28: climate summit in Dubai

Open in full screen mode

Mukhtar Babayev, Azerbaijani Minister of Ecology and Natural Resources. (Archive photo)

Agence France-Presse

For the second year in a row, an oil man will chair the UN conference on climate, Azerbaijan having appointed its Minister of Ecology and Natural Resources Mukhtar Babayev, formerly of the SOCAR oil company, president of COP29 which will be held in November in Baku.

His Excellency Mukhtar Babayev has been appointed president-designate of the 29th session of the conference of the parties, Rashad Allahverdiyev, a ministry official, wrote to AFP on Friday , in an email.

Last year, the United Arab Emirates, hosts of COP28, chose Sultan Al Jaber, head of the national company ADNOC, to chair the UN conference, which concluded in December in Dubai on a historic call for a transition away from fossil fuels, the first time that a COP has launched such a call.

The outgoing presidency of the COP congratulated Mr. Babayev, who represented his country at the Dubai negotiations.

We will work with the presidencies of COP29 and COP30 [in Brazil, Editor's note], as well as with UN Climate, to realize the historic and transformative success of COP28 and maintain the objective of 1.5°C within reach, wrote the COP28 presidency in a message on “>COP28: climate summit in Dubai

Consult the full file

COP28: climate summit in Dubai

View full file

FollowFollow

The Azerbaijani government also appointed Deputy Foreign Minister Yalchin Rafiyev as chief negotiator for COP29.

The COPs are organized each year in a different zone, and the host countries are designated by consensus by the countries in the zone. In 2023, Asian countries designated the Emirates, and this year, after months of blockage, it was finally Azerbaijan which was designated by Eastern European countries. , which include Russia.

Mr. Babayev worked from 1994 to 2003 in the Foreign Economic Relations Department of SOCAR (State Oil Company of Azerbaijan Republic), the country's national oil and gas company, before moving to the Marketing and Economic Operations Department.

From 2007 to 2010, he was vice-president in charge of ecology at the oil and gas company. He has been Minister of Ecology and Natural Resources since 2019.

COP presidents, historically, have all been ministers or diplomats, with the exception of 2023. Sultan Al Jaber is president of ADNOC, one of the largest producers of gas and oil from the Gulf, while having represented his country multiple times at the COPs, and managing the Emirati renewable energy company, Masdar.

His dual hat had been criticized for the risk of conflicts of interest, and documents showed a mix of genders between the interests of ADNOC and those of COP28 in the preparation of meetings with governments foreigners.

The landscape of the next COP will be reminiscent of the Emirates.

Baku was one of the world's oil capitals at the beginning of the 20th century, Francis Perrin, energy specialist, explains to AFP at the Institute of International and Strategic Relations, with Russian interests, Shell and the Nobel brothers at the time.

The country has developed large oil and gas deposits in the Caspian Sea since the 1990s, he continues.

Today gas has become more important than oil for Azerbaijan, a member of OPEC+, mainly exported to Europe.

The country remains today very dependent on hydrocarbons which represent a little less than 50% of its GDP, a little more than 50% of its budgetary revenues and a little more than 90% of its export revenues, adds Francis Perrin .

Natasha Kumar

By Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116

Related Post