popular articles

COP29 under Tension: Climate Commitments Threatened by Fossil Fuel Interests

As COP29 approaches in Azerbaijan, tensions emerge as climate ambitions clash with economic realities, and vulnerable nations express growing impatience.

Please share:

The commitments made during COP28 in Dubai to gradually reduce global reliance on fossil fuels are struggling to materialize. With COP29 approaching in Azerbaijan, many observers are concerned about the lack of tangible progress. This year’s climate conference focuses on North-South financial assistance to support developing countries facing the consequences of climate change. However, the gradual phasing out of fossil fuels, which remains a core environmental issue, seems to be taking a back seat.

One Year After Dubai: Disappointing Progress

In 2023, at COP28 in Dubai, an unprecedented commitment was made to initiate a global transition to more sustainable energy sources. However, according to several diplomats and experts, inertia remains, particularly among major economic powers, which continue to expand their oil and gas production. CO₂ emissions, the main contributor to climate change, continue to rise, fueling impatience among nations most threatened by climate change, such as small island states.

Katrine Petersen, a member of the think tank E3G, highlights the need to maintain pressure to prevent recent climate gains from being erased. She emphasizes that “leaders lack political leadership on certain key points,” lamenting that the debate around oil has lost momentum in current discussions.

Political and Economic Resistance

Azerbaijan’s role as the host of COP29, and an important oil producer, raises questions. Some observers fear that the country may deliberately hinder discussions to protect its oil interests, an accusation firmly rejected by the Azerbaijani government. Toiata Uili, coordinator of the Alliance of Small Island States (AOSIS), states that his organization is ensuring that large nations honor their 2023 commitments, despite the resistance shown by several oil-producing states.

Azerbaijani representative Ialtchine Rafiev acknowledges that some countries seek “clear next steps” regarding the gradual abandonment of fossil fuels. However, behind the scenes, the push to slow any significant progress comes primarily from oil producers, reluctant to intensify their environmental commitments. A Western diplomat, speaking on condition of anonymity, reveals that some oil-producing countries feel they already committed too much at COP28, reinforcing their resistance to new initiatives.

An Incomplete Energy Transition

Despite this resistance, there is noticeable progress in renewable energy. The International Energy Agency (IEA) recently announced that investments in clean technologies, particularly in solar and wind energy, now surpass fossil fuel investments. According to IEA projections, half of the world’s electricity could come from low-carbon sources by 2030.

However, Dave Jones, an expert at the think tank Ember, warns that the rapid growth of renewables is insufficient to offset the global increase in energy demand, limiting the actual impact on CO₂ emissions reduction. This contradiction reflects the current dilemma: although renewable energy is expanding, its growth is hampered by persistent fossil fuel demand in many parts of the world.

Expectations of Civil Society

Civil society, represented by NGOs such as 350.org and Oil Change, calls out developed countries that continue to finance fossil fuel extraction projects. Andreas Sieber, from 350.org, asserts that “climate commitments cannot be reduced to hollow words.” This sentiment is shared by many activists, who accuse the leaders of the COP-hosting countries from 2023 to 2025 – the United Arab Emirates, Azerbaijan, and Brazil – of increasing hydrocarbon production while advocating for ecological transition.

A Tense COP29 Ahead

Expectations are high for COP29, where countries worldwide must submit strengthened climate plans to the UN. However, the persistence of oil and gas exploration projects in several countries casts doubt on the sincerity of commitments made at previous conferences. While Papua New Guinea, vulnerable to climate disasters, has announced it will boycott COP29, other nations are publicly expressing their frustration.

The summit, scheduled in Baku, raises concerns about the international community’s ability to converge on concrete and ambitious solutions to address the climate emergency. The pressure on leaders is at its peak, as the future of the commitments made in Dubai remains uncertain in the face of persistent economic interests tied to fossil fuels.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Turkey plans IPOs for TEİAŞ, EÜAŞ, BOTAŞ, and TPAO. This initiative aims to attract strategic investments and improve the country's key energy infrastructures.
France, the European leader in metallic waste exports, struggles to exploit its recycling potential, particularly for copper, a key element in the energy transition, according to a report by Oliver Wyman.
France, the European leader in metallic waste exports, struggles to exploit its recycling potential, particularly for copper, a key element in the energy transition, according to a report by Oliver Wyman.
Amid international tensions and limited progress in Baku, France stresses the importance of reaffirming the goal of phasing out fossil fuels, highlighting crucial financial and climate stakes for the future.
Amid international tensions and limited progress in Baku, France stresses the importance of reaffirming the goal of phasing out fossil fuels, highlighting crucial financial and climate stakes for the future.
The CRE proposes extending the regulated electricity tariffs (TRVE) to protect households against price volatility and provide essential stability in an evolving market.
The CRE proposes extending the regulated electricity tariffs (TRVE) to protect households against price volatility and provide essential stability in an evolving market.
Donald Trump's selection of Chris Wright as Secretary of Energy could signal a shift in U.S. energy policy, with the resumption of liquefied natural gas (LNG) export permits and reduced investments in renewable energy.
As the UK’s oil and gas decommissioning expenses reach record levels, the industry struggles to meet its obligations, raising concerns about the viability of the energy transition.
As the UK’s oil and gas decommissioning expenses reach record levels, the industry struggles to meet its obligations, raising concerns about the viability of the energy transition.
Cornwall Insight anticipates a rise in the energy price cap to £1,736 in January 2025. This persistence of high prices reflects an unstable market and exacerbates energy poverty in the United Kingdom.
Cornwall Insight anticipates a rise in the energy price cap to £1,736 in January 2025. This persistence of high prices reflects an unstable market and exacerbates energy poverty in the United Kingdom.
Net electricity production in OECD countries increased by 1.1% in August, reaching 981.9 TWh. Solar saw a spectacular 27% growth, while fossil fuels declined in the overall energy mix.
Net electricity production in OECD countries increased by 1.1% in August, reaching 981.9 TWh. Solar saw a spectacular 27% growth, while fossil fuels declined in the overall energy mix.
Electricity Prices in Japan Surge by Nearly 20% Due to a Cold Spell
From the Amazon, Joe Biden affirmed that the transition to clean energy is a major achievement for the United States, addressing an indirect message to Donald Trump, the next occupant of the White House.
From the Amazon, Joe Biden affirmed that the transition to clean energy is a major achievement for the United States, addressing an indirect message to Donald Trump, the next occupant of the White House.
A massive attack with drones and missiles targeted Ukraine's energy infrastructure, causing two deaths and major power outages. Kyiv denounces the intensification of strikes as winter approaches.
A massive attack with drones and missiles targeted Ukraine's energy infrastructure, causing two deaths and major power outages. Kyiv denounces the intensification of strikes as winter approaches.
Chris Wright, a climate skeptic and CEO specializing in hydraulic fracturing, is named Secretary of Energy. He joins Doug Burgum on the National Energy Council to drive the United States' energy dominance strategy.
Chris Wright, a climate skeptic and CEO specializing in hydraulic fracturing, is named Secretary of Energy. He joins Doug Burgum on the National Energy Council to drive the United States' energy dominance strategy.
During COP29 in Baku, Al Gore criticized the organization of climate conferences in petro-states and called for a reform of the selection process for host countries and participants, accusing these nations of conflicts of interest.
To meet its climate targets, French industry will need to double its electricity consumption by 2050, reaching 207 TWh. This energy transition, essential for decarbonization, poses significant technological and economic challenges.
To meet its climate targets, French industry will need to double its electricity consumption by 2050, reaching 207 TWh. This energy transition, essential for decarbonization, poses significant technological and economic challenges.
The 2025 budget, debated in Parliament, foresees a 2 billion euro increase for Energy Transition. Agnès Pannier-Runacher applauds additional amendments for industrial decarbonization and other key measures.
The 2025 budget, debated in Parliament, foresees a 2 billion euro increase for Energy Transition. Agnès Pannier-Runacher applauds additional amendments for industrial decarbonization and other key measures.
In 2024, France reaches an unprecedented level of electricity exports in 22 years, supported by increased nuclear and hydropower production and moderated domestic demand. A strategic success in the European energy market.
In 2024, France reaches an unprecedented level of electricity exports in 22 years, supported by increased nuclear and hydropower production and moderated domestic demand. A strategic success in the European energy market.
The Chinese vice premier announced revised commitments aimed at achieving carbon neutrality before 2060, while pledging increased financial contributions to support developing countries in addressing climate challenges.
At COP29, Brazilian Environment Minister Marina Silva responded to the Azerbaijani president's remarks, advocating for the measured use of natural resources, especially oil, while affirming Brazil’s climate commitments.
At COP29, Brazilian Environment Minister Marina Silva responded to the Azerbaijani president's remarks, advocating for the measured use of natural resources, especially oil, while affirming Brazil’s climate commitments.
Low Risk for France’s Electricity Supply This Winter, Says RTE
Low Risk for France’s Electricity Supply This Winter, Says RTE
At COP29 in Baku, the United Kingdom unveiled an ambitious plan to cut greenhouse gas emissions by 81% by 2035, asserting its leading role in global climate diplomacy.
At COP29 in Baku, the United Kingdom unveiled an ambitious plan to cut greenhouse gas emissions by 81% by 2035, asserting its leading role in global climate diplomacy.
Thai authorities have dismantled nine illegal Bitcoin mining farms accused of stealing over €270,000 worth of electricity. Two suspects have been arrested for large-scale energy fraud.
On the eve of a possible Trump presidency, the United States seeks to reassure its partners on its climate commitment at COP29, amidst North-South tensions and a debate on financial aid for developing countries.
On the eve of a possible Trump presidency, the United States seeks to reassure its partners on its climate commitment at COP29, amidst North-South tensions and a debate on financial aid for developing countries.
Two environmental NGOs are challenging in Scottish court the authorization to drill in the Rosebank and Jackdaw oil and gas fields in the North Sea, denouncing their impact on the UK's climate objectives.
Two environmental NGOs are challenging in Scottish court the authorization to drill in the Rosebank and Jackdaw oil and gas fields in the North Sea, denouncing their impact on the UK's climate objectives.
The German energy sector urges the government to pass key reforms before the planned dissolution of parliament in January, fearing prolonged gridlock following the coalition's collapse.
The German energy sector urges the government to pass key reforms before the planned dissolution of parliament in January, fearing prolonged gridlock following the coalition's collapse.

Advertising