• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, July 31, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Azerbaijan’s President Defends Oil at Climate Summit

November 12, 2024
Lawrence Ankutseby Lawrence Ankutse
in Around the Globe
0
Azerbaijan’s President Defends Oil at Climate Summit

Azerbaijan's President Ilham Aliyev

Azerbaijan’s President Ilham Aliyev has sparked controversy at the COP29 climate summit in Baku, defending the nation’s oil and gas industry as a “gift of God”. 

Addressing global delegates at the United Nations climate conference, Aliyev stated, “Countries should not be blamed for having [oil and gas] and should not be blamed for bringing the resources to the market, because the market needs them.”

His remarks came amid an event intended to promote a global shift away from fossil fuels and intensified an already scrutinized role for Azerbaijan as summit host. Highlighting his country’s contribution, Aliyev noted, “Azerbaijan’s share in global gas emissions is only 0.1 per cent.”

RelatedPosts

Global Drought Crisis Unfolds With Devastating Impact

Funding Cuts Cripple UN Refugee Operations Globally

WHO Calls for Global Rollout of Twice-Yearly HIV Shot

Allegations Stir Controversy

The conference, aimed at fostering meaningful progress in climate action, opened under a cloud of controversy. A report released prior to the event alleged that Elnur Soltanov, the chief executive of Azerbaijan’s COP29 team, had been recorded discussing potential “investment opportunities” in the state’s oil and gas sector with a man posing as an investor. In the recording, Soltanov reportedly mentioned, “We have a lot of gas fields that are to be developed.”

Azerbaijan’s COP29 representatives have remained silent on these allegations. However, President Aliyev criticized what he called “Western fake news media” for focusing negative attention on his country. “I have to bring these figures to the attention of our audience, because right after Azerbaijan was elected as a host country of COP29, we became a target of a coordinated, well-orchestrated campaign of slander and blackmail,” he said, accusing certain NGOs and politicians of spreading disinformation.

Leadership and Absence

Adding to the tension, several world leaders were conspicuously absent from the summit, including U.S. President Joe Biden, French President Emmanuel Macron, German Chancellor Olaf Scholz, Australian Prime Minister Anthony Albanese, and Canadian Prime Minister Justin Trudeau. 

This absence has fueled speculation about the summit’s effectiveness in achieving its goals, especially against the backdrop of Donald Trump’s recent re-election and his administration’s signals of a potential U.S. exit from the Paris Agreement.

World leaders meet in Baku
World leaders meet in Baku, Azerbaijan

Alex Rafalowicz, the executive director of the Fossil Fuel Treaty Initiative, weighed in on Aliyev’s comments. 

“Countries are not to blame for their natural resources, but they are responsible for the threat they pose to humanity by extracting them from the ground and driving climate impacts … This is betraying the nations that are present here in these negotiations.”

Alex Rafalowicz

Strains on Climate Progress

The re-election of Donald Trump has compounded anxieties surrounding COP29. The former president’s climate stance has historically included withdrawing from global environmental commitments, casting doubt over the future of U.S. engagement. 

This uncertainty loomed heavily over delegates as they began discussions centered on mobilizing a $1 trillion climate action fund.

Despite the criticisms, Azerbaijan’s commitment to fossil fuels remains steadfast. Earlier this year, President Aliyev announced plans to boost the nation’s gas production, underscoring the country’s dependence on oil and gas revenue to support its economy.

COP29’s unfolding developments have put a spotlight on the challenges of uniting diverse nations under the urgent call for climate action. With key leaders absent and conflicting national interests at play, the road to meaningful climate resolutions seems more complex than ever.

READ ALSO: Shatta Wale Previews New Song With Maali

Tags: AzerbaijanClimate SummitCOP29Ilham Aliyevoil and gas
Please login to join discussion
Previous Post

Shell Wins Climate Appeal As Dutch Court Reverses Emission Reduction Mandate

Next Post

Dafeamekpor Reiterates Parliamentary Superiority Over Supreme Court Ruling

[mc4wp_form id="1264"]

Related Posts

President John Dramani Mahama
General News

Mahama Swears In 4 Final Dep Ministers, Commits to Lean, Disciplined Governance

July 31, 2025
Lands Minister Unveils Five-Pillar Strategy to Combat Illegal Mining 
Extractives/Energy

Lands Ministry Refutes Claims of $1.2 Billion Bauxite Lease Cancellation 

July 31, 2025
President John Dramani Mahama
General News

President Mahama Condemns Military Assault on Journalists

July 31, 2025
Albert Kwabena Dwumfour, Journalists, GJA
General News

GJA Warns Police of Media Blackout Over Attacks on Journalists

July 31, 2025
Record Channel Crossings Spark UK Migration Alarm
UK

Record Channel Crossings Spark UK Migration Alarm

July 31, 2025
Sulemana Braimah on Transparency
General News

Transparency Concerns Cloud Mahama’s Reset Agenda

July 31, 2025
President John Dramani Mahama
General News

Mahama Swears In 4 Final Dep Ministers, Commits to Lean, Disciplined Governance

by Evans Junior OwuJuly 31, 2025
Lands Minister Unveils Five-Pillar Strategy to Combat Illegal Mining 
Extractives/Energy

Lands Ministry Refutes Claims of $1.2 Billion Bauxite Lease Cancellation 

by Prince AgyapongJuly 31, 2025
President John Dramani Mahama
General News

President Mahama Condemns Military Assault on Journalists

by Evans Junior OwuJuly 31, 2025
Albert Kwabena Dwumfour, Journalists, GJA
General News

GJA Warns Police of Media Blackout Over Attacks on Journalists

by Silas Kafui AssemJuly 31, 2025
Record Channel Crossings Spark UK Migration Alarm
UK

Record Channel Crossings Spark UK Migration Alarm

by Lawrence AnkutseJuly 31, 2025
Sulemana Braimah on Transparency
General News

Transparency Concerns Cloud Mahama’s Reset Agenda

by Lilian AhedorJuly 31, 2025
President John Dramani Mahama
Lands Minister Unveils Five-Pillar Strategy to Combat Illegal Mining 
President John Dramani Mahama
Albert Kwabena Dwumfour, Journalists, GJA
Record Channel Crossings Spark UK Migration Alarm
Sulemana Braimah on Transparency
[/vc_row_inner]

Recent News

  • Mahama Swears In 4 Final Dep Ministers, Commits to Lean, Disciplined Governance
  • Lands Ministry Refutes Claims of $1.2 Billion Bauxite Lease Cancellation 
  • President Mahama Condemns Military Assault on Journalists
  • GJA Warns Police of Media Blackout Over Attacks on Journalists
  • Record Channel Crossings Spark UK Migration Alarm
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.