Mukhtar Babayev

Mukhtar Babayev

Climate change is one of the problems that worries the world, the Minister of Ecology and Natural Resources of Azerbaijan, President of COP29, Mukhtar Babayev, at the event titled “Raising Ambition, Delivering Action: COP29 Sustainable Business Forum”.

According to him, natural disasters caused by this cause serious problems.

“Azerbaijan continues to contribute to this. Carbon tax is applied in developed countries. A new bill in this direction has been prepared in our country. It is already in the final process,” he said.

Babayev also disclosed that Azerbaijan is recognised as a strong country in the world.

According to him, this is an indicator of the trust of the countries of the world in Azerbaijan.

He added: “While visiting different countries of the world, we see that they recognise Azerbaijan as a strong country, not a small one.

“In addition to information about COP29 on aeroplanes, maximum conditions will be created for guests at airports. All business entities in public transport and catering facilities should be ready for this.”

A zero-emission future is becoming increasingly possible, Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC), Simon Stiell, said at the event.

All countries will have to submit their Nationally Determined Contributions (NDCs) by early next year, he noted.

These commitments must underpin a global transformation that not only reduces emissions but also protects people from the impacts of climate change, increases jobs and delivers inclusive economic growth, he added.

Stiell noted that for many countries, the implementation of such plans and achievement of goals depends on whether they can agree on a new financing agreement.

Transparent reporting on climate efforts is also important for building trust and increasing ambition, he stressed.

The UN hopes that the upcoming COP29 in Baku will increase ambitions to combat climate change, UN Resident Coordinator in Azerbaijan, Vladanka Andreeva, said at the event.

Strength is needed to take the necessary action, not only to achieve climate goals but also sustainable development goals, she noted.

Andreeva added that private businesses should also participate in achieving such goals.

Azerbaijan can set an example to the world community in terms of successful cooperation between business and government, she said.

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