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Search results for babayev

The Turkmen Gas Hustle
1 day, 12 hours ago

The Turkmen Gas Hustle

The Diplomat  

In 2016, Russia’s Gazprom stopped buying gas from Turkmenistan’s Turkmengaz following a pricing dispute. In late 2023, a source told S&P Global that PetroChina aimed to resume construction of the long-awaited Line D of the Central Asia-China Gas Pipeline “immediately if the upstream gas supply contract with Turkmenistan is finalized.” Line D is envisioned to run from Turkmenistan through southern …

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Global South's joint climate efforts urged
1 month, 2 weeks ago

Global South's joint climate efforts urged

China Daily  

COP29 President Mukhtar Babayev walks during a closing plenary meeting at the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan, November 24, 2024. Developing countries need to form a Global South alliance that will strengthen climate commitments and pressure industrialized nations to fulfill their "historical responsibility" to finance mitigation and adaptation efforts, according to participants in this year's climate …

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Contentious COP29 deal shows climate cooperation fraying at edges
1 month, 2 weeks ago

Contentious COP29 deal shows climate cooperation fraying at edges

India Today  

When COP29 President Mukhtar Babayev stepped to the podium at the closing meeting of the Baku climate summit on Sunday morning, hoping to clinch a hard-fought agreement on global climate finance, he carried with him two speeches. He praised the agreement as a breakthrough and shamed the deal's doubters as "wrong", even as many of the climate deal's intended recipients …

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COP29 ends with contentious outcome
1 month, 2 weeks ago

COP29 ends with contentious outcome

China Daily  

COP29 President Mukhtar Babayev walks during a closing plenary meeting at the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan, Nov 24, 2024. Following two weeks of wrangling between the delegations of developing and developed countries, the COP29 United Nations climate change conference finally concluded, more than 30 hours past its deadline, with the adoption of a climate finance …

Finance Climate Change China Change Climate Developing Developing Countries
COP29 ends with contentious outcome
1 month, 2 weeks ago

COP29 ends with contentious outcome

China Daily  

COP29 President Mukhtar Babayev walks during a closing plenary meeting at the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan, Nov 24, 2024. Following two weeks of wrangling between the delegations of developing and developed countries, the COP29 United Nations climate change conference finally concluded, more than 30 hours past its deadline, with the adoption of a climate finance …

Finance Climate Change China Change Climate Developing Developing Countries
COP29 ends with contentious outcome
1 month, 2 weeks ago

COP29 ends with contentious outcome

China Daily  

By HOU LIQIANG | chinadaily.com.cn | Updated: 2024-11-24 21:44 COP29 President Mukhtar Babayev walks during a closing plenary meeting at the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan, Nov 24, 2024. Following two weeks of wrangling between the delegations of developing and developed countries, the COP29 United Nations climate change conference finally concluded, more than 30 hours past …

Finance Climate Change China Change Climate Developing Developing Countries
COP29 presidency expresses inability, banking heavily on G20 to break 'finance' deadlock
1 month, 3 weeks ago

COP29 presidency expresses inability, banking heavily on G20 to break 'finance' deadlock

New Indian Express  

BAKU: The COP29 presidency openly exhibited its inability to relieve the deadlock on the New Collective Quantified Goal on climate finance with countries refusing to budge from their respective positions. In a desperate appeal during a press meet on Monday, COP29 President Mukhtar Babayev urged the G20 leaders, who are meeting in Rio, Brazil, for a bailout. We urge them …

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COP29 Presidency announces adoption of standards for carbon credits, draws flak
1 month, 4 weeks ago

COP29 Presidency announces adoption of standards for carbon credits, draws flak

Hindustan Times  

The Azerbaijan Presidency of the 2024 UN Climate Change Conference announced an early victory with the adoption of standards for the creation of carbon credits under Article 6.4 of the Paris Agreement, drawing criticism. The Presidency said the adoption of modalities will enable climate action by increasing demand for carbon credits and ensure that the international carbon market operates with …

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COP29: Climate talks off to rocky start, but carbon mkts mechanism approved
Top News
1 month, 4 weeks ago

COP29: Climate talks off to rocky start, but carbon mkts mechanism approved

Hindustan Times  

New Delhi: The COP29 climate negotiations opened in Baku on Monday with proceedings stalled for hours over disagreements on key matters on the agenda, but countries later approved new UN standards for international carbon markets in a key step towards allowing countries to trade credits to meet climate targets. By trying to ram through loose standards for dangerous carbon crediting …

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La cumbre climática se centra en el dinero, entre llamadas a evitar el “camino a la ruina”
2 months ago

La cumbre climática se centra en el dinero, entre llamadas a evitar el “camino a la ruina”

Associated Press  

BAKU, Azerbaiyán — Retórica elevada, súplicas urgentes y promesas de cooperación contrastaban el lunes con un contexto de cambios políticos sísmicos, guerras globales y dificultades económicas en el inicio de las negociaciones climáticas anuales de Naciones Unidas, que abordaron de inmediato la parte más difícil: el dinero. “La COP29 es un momento de verdad para el Acuerdo de París”, que …

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Climate talks open with calls for a path away from the 'road to ruin.' But the real focus is money
2 months ago

Climate talks open with calls for a path away from the 'road to ruin.' But the real focus is money

Associated Press  

BAKU, Azerbaijan — United Nations annual climate talks stuttered to a start Monday with more than nine hours of backroom bickering over what should be on the agenda for the next two weeks. But Erika Lennon, Center for International Environmental Law’s Senior Attorney, warned that pushing through resolutions this early in the conference “without discussion or debate, sets a dangerous …

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Climate talks open in Azerbaijan with calls for a path away from the ‘road to ruin’
2 months ago

Climate talks open in Azerbaijan with calls for a path away from the ‘road to ruin’

LA Times  

People walk outside the venue for the COP29 U.N. but instead we’ve got Trump, we’ve got a German government that just fell apart because part of it wanted to be even slightly ambitious,” said Imperial College London climate scientist Friederike Otto. Dozens of climate activists at the conference — many of them wearing Palestinian kaffiyehs — held up banners calling …

Climate Change World Climate Money Earth Pacific Talks
Welcome to Baku, a city built on oil hosting the world’s climate conference
2 months ago

Welcome to Baku, a city built on oil hosting the world’s climate conference

Live Mint  

One of the more unusual experiences on offer in Azerbaijan is the opportunity to wallow in a bath of warm crude oil. Azerbaijan’s president, Ilham Aliyev, once referred to the country’s reserves as a “gift from God" with the capital Baku itself sitting on an oil field. “It is clear that Azerbaijan’s plans to keep increasing fossil-fuel production are not …

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Baku hosts 3rd meeting of international fund to support fight against climate change
3 months, 3 weeks ago

Baku hosts 3rd meeting of international fund to support fight against climate change

China Daily  

The third meeting of the Board of the Fund for Responding to Loss and Damage, established to assist developing countries particularly vulnerable to the adverse effects of climate change, began in Baku on Wednesday. Babayev emphasized the severe human toll of climate change, citing recent events like Typhoon Yagi, which caused tragic loss of life and extensive damage in parts …

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UN climate talks leader says financial help for poor nations is urgent goal of negotiations
5 months, 3 weeks ago

UN climate talks leader says financial help for poor nations is urgent goal of negotiations

Associated Press  

The head of upcoming climate negotiations told world leaders Wednesday that a new financial aid package for poor and disaster-struck nations is the urgent, make-or-break goal of United Nations talks this fall. “Beryl is yet more painful proof,” Stiell, executive secretary of the UN’s climate agency, said from the remnants of a neighbor’s house that had lost its roof and …

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UN climate conference COP 29 | Will host city Baku see fires of change?
6 months, 1 week ago

UN climate conference COP 29 | Will host city Baku see fires of change?

The Hindu  

This November, the city of Baku, capital of Azerbaijan, will host the 29th edition of the United Nations Climate Change Conference, the annual conclave of heads of state, diplomats, business delegations, and activists, who amidst a media blitz, will wrangle an incremental deal to tarry the climate crisis. Azerbaijan was the home of the world’s first ‘oil boom’, after European …

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Next UN climate talks are critical to plot aid for poorer nations, says incoming president
8 months, 3 weeks ago

Next UN climate talks are critical to plot aid for poorer nations, says incoming president

Associated Press  

WASHINGTON — The man who will run United Nations climate talks this November views the negotiations as a key link in international efforts to curb global warming. The conference in Baku, Azerbaijan, must build on last year’s successful agreement to transition away from fossil fuels, said Mukhtar Babayev, Azerbaijan’s environment minister who will serve as conference president of the talks …

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Azerbaijan minister and state oil company veteran to lead COP29 climate talks
1 year ago

Azerbaijan minister and state oil company veteran to lead COP29 climate talks

The Hindu  

The government of Azerbaijan has appointed its ecology and natural resources minister Mukhtar Babayev as the president of the United Nations COP29 climate talks to be held in Baku in November. Before taking office in 2018, Babayev spent 24 years at Azerbaijan’s state-owned oil and gas company Socar, according to his LinkedIn profile, during which time he also briefly served …

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