The Oil Nation Hosting COP29

The Oil Nation Hosting COP29

OilPrice.com

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Azerbaijan is well known for its strong link to the oil industry, having produced ‘black gold’ for well over a century. It was a pioneer in fossil fuel production and continues to rely heavily on crude to this day. Now, as host of the COP29 climate summit, Azerbaijan is looking to clean up its act by investing in clean energy projects and helping developing countries to do the same. However, it is important to understand the significant role that oil has played in the former Soviet state and its ongoing commitment to fossil fuels. Baku,…

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