The hosting and presiding over the 29th Conference of the Parties to the UN Framework Convention on Climate Change (COP29) by Azerbaijan reflects the country’s strong commitment to addressing climate change, not only at the national level but also regionally and globally, Azerbaijan’s Ambassador to Malaysia Irfan Davudov told Bernama news agency, Report informs.

Davudov noted that it is now his country’s responsibility to lead the global community towards a future centered on climate action, equity, and sustainability as fighting climate change is an irreversible process.

He said the opportunity given to host the COP29, which is going to be the largest international event in Azerbaijan’s history is also due to the strong political will demonstrated by President Ilham Aliyev who has put in place various initiatives towards green energy transition for the country, despite Azerbaijan being an oil and gas exporting country.

The ambassador also highlighted his government’s dedication and commitment to global climate action and combatting the impacts of climate change, exemplified by the declaration of 2024 as the ‘Green World Solidarity Year’ in Azerbaijan

“Azerbaijan has reaffirmed its pledge to decrease greenhouse gas emissions by 35 percent by 2030, with plans to elevate this target to 40 percent by 2050. The stated aim of the Azerbaijani government is also for renewable energy to account for 30 percent of the electricity generating capacity by 2030,” Davudov added.

Davudov also explained that financing would be one of the key themes for COP29.

“Critical to our efforts will be mobilization of finance for mitigation, adaptation and loss and damage. This will need a joint effort by all stakeholders, including countries, international organizations, international financial institutions and the private sector,” he said.

Davudov said that drawing upon Azerbaijan’s successful track record as a bridge between the Global North and South, notably showcased during its recently concluded chairmanship of the Non-Aligned Movement, the COP29 will serve as another pivotal platform for uniting countries at varying levels of development.