Treasury Secretary Bessent calls for "entire" review of Fed
U.S. Treasury Secretary Scott Bessent on Friday called for a wide-ranging re-examination of the Federal Reserve’s role and authority, including its ...
A Clean Energy Centre will be officially launched during the 17th Economic Cooperation Organization (ECO) Summit, to be hosted by Azerbaijan this week, announced Asad M. Khan, Secretary General of the ECO.
The Economic Cooperation Organization, in collaboration with the United Nations Industrial Development Organization (UNIDO) and the Republic of Azerbaijan, organized the Soft Launch of the Clean Energy Centre for the ECO region (CECECO) on the margins of COP29 in Baku last November.
The Centre will contribute to strengthening the regional energy security, combating climate change, and achieving Sustainable Development Goals (SDGs). It will become a key component of the Global Network of Regional Sustainable Energy Centres (GN-SEC), a network coordinated by UNIDO in partnership with various economic communities in different regions.
Dr. Asad Khan highlighted the establishment of the ECO Clean Energy Centre in Baku as a significant testament to our collective commitment to the clean energy agenda. This Centre is poised to play a key role in the transformational process, while also supporting the creation of the ECO Regional Electricity Market, focused on sustainable energy.
The primary goal of the project, he explained, is to enhance Member States access to modern, affordable, reliable, and environmentally sustainable energy services. The Centre will contribute to energy security and reduce the negative environmental impacts of the energy sector.
He added that the establishment of the centre had already been endorsed and ratified by several Member States.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
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