COP29 host set for huge emissions increase from gas production investment

Published 11:10 on January 8, 2024 / Last updated at 00:38 on January 9, 2024 / / EMEA (Europe), International (UN Climate Talks), Net Zero Transition (Industrial Decarbonisation, Power/Electrification)

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The host of the COP29 climate summit, Azerbaijan, is set to raise its fossil fuel production by one-third over the next decade and create hundreds of millions of tonnes in additional emissions, according to analysis published on Monday, with polluting firms forecast to spend over $40 billion on the country’s gas fields.
The host of the COP29 climate summit, Azerbaijan, is set to raise its fossil fuel production by one-third over the next decade and create hundreds of millions of tonnes in additional emissions, according to analysis published on Monday, with polluting firms forecast to spend over $40 billion on the country’s gas fields.


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