Germany accuses Azerbaijan of backing oil and fuel hijack of COP29

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Germany has accused COP29 host Azerbaijan of backing an try by fossil gasoline producing nations to hijack the world’s most necessary local weather summit as talks ran nearly a day late. 

Annalena Baerbock, Germany’s overseas affairs minister, warned {that a} “few fossil fuel states” have been making an attempt a “geopolitical power play” in Baku, the place nearly 200 nations are debating a brand new local weather finance aim and learn how to make progress on the shift away from oil, fuel and coal.

A number of individuals concerned within the talks advised the Monetary Occasions that nations led by Saudi Arabia and Russia have been making an attempt to dam any references to advancing final 12 months’s settlement to transition away from fossil fuels. 

“It is clear who is pulling the strings of the COP29 presidency,” stated one negotiator.

The UN local weather summit has been overshadowed by Donald Trump’s US presidential victory. His election has stoked fears that world local weather motion could be rolled again in a 12 months that’s anticipated to be the most popular on file.

Talking in Baku, Baerbock stated oil and fuel producing nations have been enjoying a recreation on the “backs of the poorest and most vulnerable countries”.

“We as the European Union will not accept a deal that comes at the expense of those who suffer most from the climate crisis,” she stated. 

“We will not allow the most vulnerable to be ripped off by the few fossil fuel producing countries, who at this moment have the backing of the COP29 presidency.”

Azerbaijan depends on fossil fuels for export earnings to assist its financial system whereas Ilham Aliyev, its president, even praised the nation’s “God-given” oil and fuel in speeches throughout the opening days of COP29. 

The COP29 presidency workforce, led by ecology and pure sources minister Mukhtar Babayev, declined to remark. Saudi Arabia didn’t reply to a request for remark and an individual near Russia’s delegation stated that they had no remark.

Final week, G20 nations did not make express point out of dumping fossil fuels within the leaders’ declaration at a gathering in Rio de Janeiro. In New York in September, Saudi Arabia and different oil and fuel producers have been additionally accused of attempting to dam a reference to fossil fuels within the so-called UN Pact for the Future. 

In Baku, rich western nations are below hearth over a proposal for $250bn in local weather finance that was branded insufficient and insulting by poorer nations.

Juan Carlos Monterrey Gomèz, Panama’s head of delegation, stated the EU was enjoying “game[s]” by guaranteeing the negotiations dragged on.

“This is what they always do,” he stated on Saturday. “They break us at the last minute . . . they push and push it and push it until the negotiators leave, until we’re tired, until we’re delusional from not eating, from not sleeping.”

That finance aim, which is geared toward serving to growing nations shift to inexperienced power and adapt to a warming world, was anticipated to be elevated to $300bn in negotiations on Saturday night.

However within the stadium the place the summit is going down, protesters chanted “No deal is better than a bad deal” and urged the G77 group of growing nations to stroll away. The G77 has known as for no less than $500bn in finance. 

Baerbock rejected the criticism of the low provide, arguing that no sum of money could be sufficient with out emission reductions.