• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Friday, December 5, 2025
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

COP29 at risk from graft, fossil fuel interests

November 3, 2024
in World
COP29 at risk from graft, fossil fuel interests
Share on FacebookShare on TwitterWhatsapp

PARIS: UN climate summits risk “being undermined by undue corporate influence and fossil fuel industry capture”, two corruption watchdogs said Thursday as oil-and-gas producer Azerbaijan prepares the next global meeting.

Azerbaijan’s hosting of the COP29 talks in November is the second straight year the world’s premier climate negotiations have been hosted in a country deeply tied to oil and gas.

Azerbaijan’s fossil fuel interests, entrenched levels of graft and “autocratic government” put the UN-led climate process at risk, Transparency International and the Anti-Corruption Data Collective said in a report.

But these risks were not unique to Azerbaijan, it said, pointing to past and future COP hosts with strong ties to fossil fuels.

“This report finds that in its current form, COP, as the main global forum for setting the climate policy agenda, is at risk of being undermined by undue corporate influence and fossil fuel industry capture,” the report said.

“Corruption and kleptocracy, too, threaten the integrity of climate conferences, including the upcoming COP29 in Baku, Azerbaijan.”

AFP has sought a response from the COP29 president and the UN Framework Convention on Climate Change (UNFCCC).

Azerbaijan, a former Soviet republic wedged between Russia and Iran, has faced considerable scrutiny over its hosting of COP29.

Last week the European Parliament denounced Azerbaijan’s crackdown on critics and said its “ongoing human rights abuses are incompatible” with hosting the summit.

In October, dozens of US lawmakers demanded the release of political prisoners ahead of the climate talks in Azerbaijan, which has been ruled with an iron fist by President Ilham Aliyev since 2003. Azerbaijan has also been challenged over its willingness to advance a historic global agreement inked at COP28 to transition the world away from fossil fuels.

Tags: AzerbaijanBakuClimate changeclimate summitCOP29fossil fuelUNUN climate summitUNFCCC
Share15Tweet10Send
Previous Post

I solo parent triplets and had no choice but to teach them independence. At 3, they know how to load the washing machine and set the table.

Next Post

UNESCO tracks surge in journalist killings in 2022-23

Related Posts

Russia’s Sberbank seeks to boost imports, labour migration from India after Putin’s visit
World

Russia’s Sberbank seeks to boost imports, labour migration from India after Putin’s visit

December 4, 2025
Tariffs, AI boom could test global growth’s resilience, OECD says
World

Tariffs, AI boom could test global growth’s resilience, OECD says

December 3, 2025
India’s Adani Group eyes $10 billion fundraise in FY27, official says
World

India’s Adani Group eyes $10 billion fundraise in FY27, official says

November 28, 2025
India expects trade deal with US by end of year, senior official says
World

India expects trade deal with US by end of year, senior official says

November 29, 2025
India approves $816mn rare earth permanent magnets manufacturing programme
World

India approves $816mn rare earth permanent magnets manufacturing programme

November 26, 2025
Niketa Patel Press Freedom at CPJ International Awards
MEDIA

Niketa Patel Highlights Press Freedom at CPJ International Awards

November 26, 2025

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    126 shares
    Share 50 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    54 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    47 shares
    Share 19 Tweet 12
  • SingTel annual profit more than halves on $2.3bn impairment charge

    47 shares
    Share 19 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

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

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.