Venezuela’s Acting President Delcy Rodriguez told the COP31 climate conference on Thursday (November 12, 2026) that the country has the sovereign right to develop its oil industry, even as it recognises the importance of combating climate change.
Her comments at the UN talks on Turkiye’s Mediterranean coast jar with efforts by other conference leaders to convince global governments to accelerate a shift from carbon-emitting fossil fuels. But they dovetail with the United States’ efforts to raise billions of dollars towards increasing oil output in Venezuela, a member of the Organization of the Petroleum Exporting Countries. “It is possible to grow and protect the environment at the same time. She did not address the impact that oil exported from the country had on global emissions. “The shift to clean energy is the only route to energy security.
Thursday (November 12, 2026) is the fifth day of the two-week COP31 conference where representatives from nearly 200 countries are trying to agree a deal to improve progress in tackling climate change. A UN report last month found the world was on course to break through the 1.5 degrees Celsius (2.7 degrees Fahrenheit) warming limit that countries had agreed to pursue under the 2015 Paris Agreement to prevent the worst effects of climate change.
“We reaffirm our sovereign right to strengthen our energy and oil industry as a driver of our national development,” Ms. Rodriguez told the summit. Venezuela’s forests acted as a “lung for the planet”, absorbing more carbon than the country emits, she added. President Donald Trump, who withdrew the United States from formal climate cooperation last year after calling global warming a hoax, has said investing in Venezuela’s oil can bolster national security by increasing Western Hemisphere energy supplies. “It is now plain for everyone to see that if we depend on energy we do not control, then we leave ourselves exposed to prices we cannot control,” he said.
Earlier on Thursday (November 12, 2026), British Prime Minister Andy Burnham told the conference that energy supply disruptions from the U.S.-Israeli war with Iran and Russia’s war with Ukraine showed the need for countries to switch from fossil fuels to clean energy.
