Bulgaria has withdrawn its bid to host next year’s global climate summit, Paralel.Az reports citing POLITICO.

Bulgarian Environment Minister Julian Popov told POLITICO that the country was sending its letter of withdrawal on Friday evening.

"In the spirit of goodwill and for the sake of a successful climate conference hosted by the Eastern European Group, the Republic of Bulgaria is hereby withdrawing its candidature for hosting COP29," a statement subsequently sent by the Bulgarian environment ministry said. "We therefore lend our support for the Republic of Azerbaijan’s candidature."