Azerbaijan showcased its green transition plan at the Copenhagen Ministerial, targeting 30% renewable energy by 2030. The country also secured a $300 billion climate finance pledge and helped finalize a key carbon market agreement, highlighting its growing role in global climate action.
Azerbaijan presented its green transition roadmap at the Copenhagen Ministerial, continuing its journey toward a sustainable future with a commitment to generating 30% of its energy from renewables by 2030. The country's plans include investing in offshore wind energy in the Caspian Sea, creating green zones in Eastern Zangazur and Karabakh, and establishing new energy corridors to Europe. These efforts are part of Azerbaijan's broader strategy to strengthen regional clean energy cooperation, particularly with neighboring countries like Kazakhstan and Uzbekistan.
In addition to its green transition plans, Azerbaijan made significant strides in climate finance, with COP29 President Mukhtar Babayev confirming that donor countries agreed to contribute at least $300 billion from public sources to support global climate goals. This historic pledge, finalized during preparatory negotiations, is a major milestone for international climate action.
Azerbaijan also played a pivotal role in the breakthrough on Article 6 of the Paris Agreement, which addresses carbon trading between countries. After a decade of stalled discussions, the country helped unlock a deal on market-based cooperation mechanisms, marking a significant achievement in global carbon market development.
Through these efforts, Azerbaijan is cementing its position as a key player in global climate leadership and driving progress towards a more sustainable and resilient future.
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