BSS
  05 Jan 2024, 20:56

Azerbaijan names ex-oil executive to head climate talks

  BAKU, Jan 5, 2024 (BSS/AFP) - Global climate talks will be led for the

second year in a row by a man with ties to the oil industry, after Azerbaijan
named a minister to preside over the November COP29 meeting.

Mukhtar Babayev, currently minister for ecology and natural resources and
formerly an executive at state oil company SOCAR, "has been named president-
designate for the 29th session of the conference of the parties," in Baku,
senior ministry official Rashad Allahverdiyev told AFP Friday.

Last year's COP28 hosted by the United Arab Emirates was presided by Sultan
Al Jaber, chief of the national oil company ADNOC.

An accord reached in Dubai in December nevertheless called for the first time
for "transitioning away from fossil fuels in energy systems, in a just,
orderly and equitable manner".

"The direction of travel for the global energy system now has been signed off
by 200 countries," International Energy Agency chief Fatih Birol told AFP in
December.

But the accord has been criticised by some environmentalists for failing to
buttress that message with detailed plans to reduce fossil fuel use and keep
global warming below 1.5 degrees Celsius -- regarded as necessary to avert
the worst impacts of long-term planetary heating.

- 'Strengthen outcome of COP28' -

Tasneem Essop, executive director at Climate Action Network International,
said Friday that the group "welcomes the announcement of Mukhtar Babayev as
COP29 president".

At the Baku meeting, Babayev should "strengthen the outcome of COP28 on
transitioning away from fossil fuels," she said.

"Delivery of finance for this transition in developing countries" should be
"a big priority for COP29", Essop added.

The UAE presidency of last year's talks wished Babayev "every success... as
Azerbaijan hosts the Conference of the Parties next year" in a post on X,
formerly Twitter.

"We look forward to working alongside the COP29 and COP30 presidencies, and
the UNFCCC to build on the transformative and historic success of COP28 and
keep 1.5 C within reach," it added.

Azerbaijan has also named deputy foreign minister Yalchin Rafiyev as its
chief negotiator for COP29.

- 'Very dependent on hydrocarbons' -

Global COP meetings rotate between different regions each year, with hosts
agreed on by unanimous vote among the countries in each zone.

In 2023, Asian countries settled on the UAE, while Eastern Europe -- which
includes Russia -- overcame months of deadlock to nominate Azerbaijan for
this year.

Babayev worked for the State Oil Company of the Azerbaijan Republic (SOCAR)
from 1994 to 2003 in the foreign economic relations department.

He moved into marketing and economic operations before becoming the firm's
vice-president for ecology from 2007 to 10.

Babayev has been minister for ecology and natural resources since 2018.

Last year's COP chief Al Jaber was the first person from outside government
or diplomacy to lead the climate talks.

As well as leading the Abu Dhabi National Oil Company, he had in the past
represented the UAE at previous COPs and runs the Masdar renewable energy
firm.

He was accused in the run-up to the conference of using his COP position to
serve ADNOC's business interests.

Azerbaijan, another historic oil producer since the early 20th century, has
seen further oil and gas development in the Caspian Sea since the 1990s,
energy expert Francis Perrin of France's Institute for International and
Strategic Relations (IRIS) told AFP.

Baku, which mostly exports its fuels to Europe, is today a member of OPEC+.

"The country remains very dependent on hydrocarbons, which account for a
little under 50 percent of its GDP," Perrin said, as well as "a little over
50 percent of government revenue and over 90 percent of export earnings".

  • Latest News
  • Most View