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Home » Azerbaijan to Boost Climate Goals Ahead of COP29 Summit
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Azerbaijan to Boost Climate Goals Ahead of COP29 Summit

By Lakshita Kapoor Thu, Jul 4th, 2024
Azerbaijan to Boost Climate Goals Ahead of COP29 Summit
Azerbaijan to Boost Climate Goals Ahead of COP29 Summit
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Azerbaijan, gearing up to host this year’s United Nations COP29 climate summit in November, has announced plans to enhance its national emissions-cutting targets. This decision, unveiled by Elnur Soltanov, CEO of COP29 and Azerbaijan’s deputy energy minister, marks an early move ahead of a crucial U.N. deadline next year.

The updated targets are aimed at aligning with efforts to keep global warming below 1.5 degrees Celsius, a critical threshold set by international climate agreements. Soltanov emphasized that Azerbaijan intends to lead by example, hoping to encourage other nations to follow suit before the summit in Baku.

At a recent event in Brussels, Soltanov emphasized the significance of the new targets, which will encompass emissions from all sectors of Azerbaijan’s economy. This includes not only carbon dioxide (CO2) but also other greenhouse gases like methane, which contributes significantly to climate change.

Azerbaijan currently relies heavily on fossil fuels for its energy needs, although it has plans to expand its use of renewable energy sources such as wind and solar power. The country’s existing climate target aims to reduce emissions by 35% by 2030 and by 40% by 2050 compared to 1990 levels. However, these goals fall short of what scientists and the IPCC (Intergovernmental Panel on Climate Change) recommend to limit global warming effectively.

The upcoming COP29 summit in Baku will focus not only on revising national climate targets but also on crucial financial negotiations. Wealthier nations will be under pressure to commit to increased funding to help developing countries cope with the impacts of climate change. Many developing nations argue that without adequate financial support, they cannot afford to accelerate their emissions reduction efforts.

Azerbaijan’s proactive stance ahead of COP29 reflects growing global urgency to combat climate change amid rising greenhouse gas emissions. Despite international climate commitments, global CO2 emissions hit a record high last year, underscoring the need for more ambitious and coordinated action.

In the lead-up to COP29, all eyes will be on Azerbaijan as it unveils its updated climate targets and endeavors to set a precedent for other nations to follow suit in tackling one of the most pressing challenges of our time.

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Lakshita Kapoor
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