Berliner Boersenzeitung - 'Vanity project': a climate summit in oil-rich Azerbaijan

EUR -
AED 4.100593
AFN 77.415121
ALL 99.401365
AMD 432.532608
ANG 2.013835
AOA 1036.608223
ARS 1074.850088
AUD 1.637751
AWG 2.009578
AZN 1.914553
BAM 1.956452
BBD 2.256112
BDT 133.534528
BGN 1.965976
BHD 0.420727
BIF 3238.922016
BMD 1.116432
BND 1.442855
BOB 7.721436
BRL 6.05754
BSD 1.117453
BTN 93.463755
BWP 14.702639
BYN 3.656854
BYR 21882.072714
BZD 2.252301
CAD 1.514161
CDF 3205.277492
CHF 0.944965
CLF 0.037663
CLP 1039.241885
CNY 7.876433
CNH 7.87576
COP 4650.21956
CRC 578.846357
CUC 1.116432
CUP 29.585455
CVE 110.298816
CZK 25.095144
DJF 198.982787
DKK 7.459215
DOP 67.07696
DZD 147.738594
EGP 54.183251
ERN 16.746484
ETB 128.59903
FJD 2.455368
FKP 0.850229
GBP 0.839942
GEL 3.047851
GGP 0.850229
GHS 17.599632
GIP 0.850229
GMD 76.471646
GNF 9655.133082
GTQ 8.637648
GYD 233.733753
HKD 8.697404
HNL 27.718995
HRK 7.590635
HTG 147.256466
HUF 394.390564
IDR 16847.577163
ILS 4.213968
IMP 0.850229
INR 93.351322
IQD 1463.774994
IRR 46993.458659
ISK 152.291985
JEP 0.850229
JMD 175.556968
JOD 0.791213
JPY 158.635534
KES 144.142696
KGS 94.087347
KHR 4535.390482
KMF 492.737717
KPW 1004.78842
KRW 1485.278958
KWD 0.340423
KYD 0.931202
KZT 535.183667
LAK 24674.006694
LBP 100063.3742
LKR 340.140375
LRD 223.480517
LSL 19.469018
LTL 3.296534
LVL 0.675319
LYD 5.32268
MAD 10.836419
MDL 19.499328
MGA 5034.588624
MKD 61.635001
MMK 3626.1285
MNT 3793.636842
MOP 8.970411
MRU 44.23275
MUR 51.210562
MVR 17.148494
MWK 1937.602717
MXN 21.565285
MYR 4.675062
MZN 71.284504
NAD 19.469018
NGN 1805.851919
NIO 41.123344
NOK 11.71286
NPR 149.533808
NZD 1.788076
OMR 0.42978
PAB 1.117453
PEN 4.195005
PGK 4.43644
PHP 62.007205
PKR 310.777563
PLN 4.276075
PYG 8722.752395
QAR 4.073749
RON 4.97404
RSD 117.056828
RUB 102.904402
RWF 1504.874851
SAR 4.18934
SBD 9.274133
SCR 15.206594
SDG 671.536448
SEK 11.338824
SGD 1.44022
SHP 0.850229
SLE 25.507466
SLL 23411.020982
SOS 638.607227
SRD 33.328879
STD 23107.894155
SVC 9.777173
SYP 2805.069528
SZL 19.454139
THB 36.967864
TJS 11.878054
TMT 3.907513
TND 3.384438
TOP 2.623388
TRY 38.061582
TTD 7.595465
TWD 35.626914
TZS 3044.960797
UAH 46.305211
UGX 4149.309281
USD 1.116432
UYU 45.904073
UZS 14235.619446
VEF 4044334.590166
VES 41.034973
VND 27425.15899
VUV 132.545083
WST 3.123178
XAF 656.164047
XAG 0.035914
XAU 0.000431
XCD 3.017214
XDR 0.828161
XOF 656.164047
XPF 119.331742
YER 279.470913
ZAR 19.560006
ZMK 10049.230311
ZMW 29.080046
ZWL 359.490739
  • CMSC

    0.0650

    25.12

    +0.26%

  • RIO

    2.2700

    65.18

    +3.48%

  • BCC

    7.6300

    144.69

    +5.27%

  • BCE

    -0.4200

    35.19

    -1.19%

  • SCS

    -0.8000

    13.31

    -6.01%

  • JRI

    -0.0400

    13.4

    -0.3%

  • GSK

    -0.8100

    41.62

    -1.95%

  • CMSD

    0.0300

    25.01

    +0.12%

  • RBGPF

    60.5000

    60.5

    +100%

  • BTI

    -0.3100

    37.57

    -0.83%

  • RELX

    0.7600

    48.13

    +1.58%

  • RYCEF

    -0.0200

    6.93

    -0.29%

  • NGG

    -1.2200

    68.83

    -1.77%

  • VOD

    -0.1700

    10.06

    -1.69%

  • AZN

    0.3200

    78.9

    +0.41%

  • BP

    0.3300

    32.76

    +1.01%

'Vanity project': a climate summit in oil-rich Azerbaijan
'Vanity project': a climate summit in oil-rich Azerbaijan / Photo: Emmanuel DUNAND - AFP

'Vanity project': a climate summit in oil-rich Azerbaijan

The decision to hold a climate summit in oil-and-gas-producer Azerbaijan, which will be hosting the COP29 UN Climate Change Conference this year, has puzzled many environmental groups.

Text size:

But the tightly controlled energy-rich Caspian nation is seeking to change its reputation as a polluting authoritarian state.

Baku has in recent years organised numerous high-profile international events, which experts say are aimed at bringing prestige to the country ruled with an iron fist by President Ilham Aliyev.

Baku has hosted matches in the Euro 2020 football championship, as well as the Formula 1 Grand Prix, plus the 2021 Eurovision song contest -- all of which brought international attention to the country, whose reputation is tarnished by massive rights violations.

"These are vanity projects for Azerbaijani leadership," Giorgi Gogia, Human Rights Watch associate director for the Caucasus, told AFP.

"Azerbaijan really cares for its international image and prestige, and is really willing to host mega events to whitewash its abysmal rights record," he added.

The latest international event -- the COP29 climate conference which will kick off in Baku in November -- will be held just over a year after its lightning Nagorno-Karabakh offensive.

In September 2023, Baku's troops recaptured the enclave from Armenian separatists who had controlled it for decades.

The region's entire ethnic Armenian population -- more than 100,000 people -- fled in the aftermath.

And while Azerbaijan gears up to host COP29, it orchestrated yet another crackdown on independent media, arresting several critical journalists who have exposed high-level graft.

- 'Centre of universe' -

Ilham Aliyev has been in power since 2003, when he succeeded his father Heydar, and is poised for an easy re-election for his fifth consecutive term on Wednesday.

The snap polls have been boycotted by the main opposition parties.

By hosting prestigious events like COP29, Baku also seeks to assert itself as a "key state in the region" where traditional powers Russia, Turkey and Iran compete for domination, said Azerbaijani analyst Elhan Shaynoglu.

In December, Aliyev said that Azerbaijan's hosting of the COP29 is proof of the "huge confidence and deep respect" of the international community towards the country.

"Baku will be the centre of the universe for two weeks," he said.

Since winning its COP29 bid, the ex-Soviet republic has already got a taste of heightened international attention -- and not always the kind it wants.

The hydrocarbon industry dominates the Azerbaijani economy with hundreds of thousands of barrels of oil produced a day and billions of cubic metres of natural gas exported annually.

Baku now aims to double gas exports to Europe, which is trying to reduce its energy dependence on Russia since the Ukraine invasion, by 2027.

Azerbaijan remains "extremely dependent on oil and gas production," accounting for 92 percent of its export revenues, according to a 2023 report by the US State Department.

It will be the second year in a row that the COP29 will be hosted by an oil giant, with the 2023 conference held in the United Arab Emirates.

Adding to the controversy, the presidency of the conference has been entrusted to Mukhtar Babayev, a former employee of Azerbaijan's state oil company, SOCAR.

"There is a major conflict of interest, for the second consecutive year," said Romain Ioualalen of the Oil Change International NGO.

- 'Risky gamble' -

Ioualalen said Azerbaijan hosting the conference was a "risky gamble" for the Caspian country, which might backfire as it will be "closely watched" on its climate policy this year.

"Azerbaijan has expansion plans, especially in gas production, which are not at all compatible with the Paris Agreement, which it must implement as the president of COP, setting specific targets for limiting climate change," he said.

Beyond environmental concerns, the Oil Change International calls for human rights respect be imposed on countries hosting a COP.

"Such an important conversation cannot take place if civil society does not have the assurance of expressing its opinions," said Ioualalen.

Last summer, rare protests in a remote village in western Azerbaijan against the pollution from a British mining company ended with arrests, according to local media.

Gogia of Human Rights Watch hopes that the international community will make use of the event to exert pressure on Azerbaijan, and aim to secure the release of political prisoners.

"What kind of climate conference will be legitimate without independent voices?"

(Y.Berger--BBZ)