AIRLINK 74.60 Decreased By ▼ -0.65 (-0.86%)
BOP 5.14 Increased By ▲ 0.03 (0.59%)
CNERGY 4.50 Decreased By ▼ -0.10 (-2.17%)
DFML 33.00 Increased By ▲ 0.47 (1.44%)
DGKC 88.90 Decreased By ▼ -1.45 (-1.6%)
FCCL 22.55 Decreased By ▼ -0.43 (-1.87%)
FFBL 32.70 Decreased By ▼ -0.87 (-2.59%)
FFL 9.84 Decreased By ▼ -0.20 (-1.99%)
GGL 10.88 Decreased By ▼ -0.17 (-1.54%)
HBL 115.31 Increased By ▲ 0.41 (0.36%)
HUBC 136.63 Decreased By ▼ -0.71 (-0.52%)
HUMNL 9.97 Increased By ▲ 0.44 (4.62%)
KEL 4.63 Decreased By ▼ -0.03 (-0.64%)
KOSM 4.70 No Change ▼ 0.00 (0%)
MLCF 39.70 Decreased By ▼ -0.84 (-2.07%)
OGDC 138.96 Decreased By ▼ -0.79 (-0.57%)
PAEL 26.89 Decreased By ▼ -0.76 (-2.75%)
PIAA 25.15 Increased By ▲ 0.75 (3.07%)
PIBTL 6.84 Decreased By ▼ -0.08 (-1.16%)
PPL 122.74 Decreased By ▼ -2.56 (-2.04%)
PRL 27.01 Decreased By ▼ -0.54 (-1.96%)
PTC 14.00 Decreased By ▼ -0.15 (-1.06%)
SEARL 59.47 Decreased By ▼ -2.38 (-3.85%)
SNGP 71.15 Decreased By ▼ -1.83 (-2.51%)
SSGC 10.44 Decreased By ▼ -0.15 (-1.42%)
TELE 8.65 Decreased By ▼ -0.13 (-1.48%)
TPLP 11.51 Decreased By ▼ -0.22 (-1.88%)
TRG 65.13 Decreased By ▼ -1.47 (-2.21%)
UNITY 25.80 Increased By ▲ 0.65 (2.58%)
WTL 1.41 Decreased By ▼ -0.03 (-2.08%)
BR100 7,821 Increased By 18.3 (0.23%)
BR30 25,577 Decreased By -238.5 (-0.92%)
KSE100 74,664 Increased By 132.8 (0.18%)
KSE30 24,072 Increased By 117.1 (0.49%)

BAKU: NATO Secretary General Jens Stoltenberg on Sunday stressed the need to fight global warming, and called climate change a “crisis multiplier” with implications for global security.

He made the remarks during a press conference in Baku along with Azerbaijani President Ilham Aliyev, whose energy-rich country is set to host the COP29 UN Climate Change Conference in November.

Praising Azerbaijan for its “important role in delivering (natural) gas to key NATO allies,” Stoltenberg said “the challenge is that the world needs energy, but at the same time we need to fight global warming.”

“We need to reconcile the need for energy and environment,” he said, adding that “climate change matters for security, matters for NATO.”

“Climate change is a crisis multiplier, and we see the effects of climate change all over the world.”

Stoltenberg also hailed Azerbaijan for investing in alternative energies, stressing the country’s “great potential” as a supplier of hydropower and solar power to the European markets.

The decision to hold a climate summit in oil-and-gas-producer Azerbaijan has been criticised by environmental groups.

Sweden joining NATO shows Putin ‘failed’: Stoltenberg

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

Aliyev said that while his country is a “pan-European gas supplier” it has an ambitious green transition agenda.

He said Azerbaijan’s selection as a host of COP 29 on November 11-24 was a “sign of recognition of our efforts on green transition.”

2024 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 executive of Azerbaijan’s state oil company, SOCAR.

Comments

200 characters