Hosting COP29 in 2024 is a significant stride for Azerbaijan, reinforcing its shift towards a sustainable economy, evidenced by the presidential decree naming 2024 the “Year of Solidarity for the Green World.” This highlights the nation’s commitment to ecological priorities.
Azerbaijan’s journey toward sustainability is underscored by its rich alternative energy resources. Policies like “Azerbaijan 2030: National Priorities for Socio-Economic Development” and the development strategy for 2022-2026 target an increase in renewable energy production, aiming for 30% by 2030.
The country is not only setting ambitious goals but also achieving them through decisive actions. It plans to reduce its greenhouse gas emissions by 35% by 2030 and 40% by 2050, compared to 1990 levels. Azerbaijan is thus transforming its energy landscape, actively transitioning away from its oil-rich past and contributing significantly to the global fight against climate change.
Renewable energy initiatives, including a substantial 240 MW wind power project with ACWA Power, demonstrate Azerbaijan’s dedication to harnessing green energy. This project alone will significantly cut carbon emissions and conserve natural gas, further illustrating Azerbaijan’s proactive role in environmental stewardship.
Aze.Media offers an independent and strategic insight on socio-cultural, political and economic life in Azerbaijan.
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