Scandal in the organization of COP29: the executive director of the conference attracted investments in a related oil and gas company

Scandal in the organization of COP29: the executive director of the conference attracted investments in a related oil and gas company

Kyiv  •  UNN

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COP29 Executive Director Elnur Soltanov was caught trying to attract investment in an oil and gas company. Global Witness captured him on video discussing fossil fuel deals with a fake investor.

The executive director of Cop29 was filmed discussing a potential fossil fuel deal on the eve of the summit.

Written by UNN with reference to BBC and Global Witness.

The Global Witness group, under the guise of a fake oil and gas group, exposed the sphere of interest of Elnur Soltanov, a representative of the Azerbaijani COP29 team. Sultanov reportedly used his position to try to attract investment in a related state oil and gas company.

We have many gas fields that need to be developed

- He says on the recording, which was made secretly.

At that moment, Sultanov was reportedly discussing a potential deal with a potential investor.

According to the expose, Global Witness emphasizes the following:

This is the second consecutive COP climate conference where a national presidency has attempted to use the negotiations to support fossil fuel interests, following similar revelations about the UAE's presidency of COP28 last year.

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A COP29 official advertised opportunities to invest in Azerbaijani gas.

In violation of UN standards, both COP29 Director General Elnur Soltanov and other officials committed to introducing EC Capital to SOCAR with the explicit purpose of discussing oil and gas investments.

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Sultanov is not only the chairman of COP29, he is also the Deputy Minister of Energy of Azerbaijan.

Oil and gas account for half of Azerbaijan's economy and more than 90% of its exports.

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