BAKU, Azerbaijan, April 25. The year 2024 presents prospects for further increasing initiatives in the sphere of transition to a green economy in Azerbaijan, Deputy Economy Minister Elnur Aliyev said during a conference on the new period of Azerbaijan's socio-economic development, Trend reports.
“This year, Azerbaijan will host such a prestigious international event as COP29. At the same time, 2024 has been declared by the President of the country as the “Year of Solidarity for a Green World”. Previous experience also shows that the successful realization of such a large-scale event as COP requires the active participation of all members of society, especially entrepreneurs. The year 2024 creates opportunities to further increase initiatives in the field of green economy transition. This is important in terms of the image of our country, increasing the competitiveness of entrepreneurial activity and improving it following the requirements of the modern era,” he said.
To note, this November, Azerbaijan will host COP29. This decision was made at the COP28 plenary meeting held in Dubai on December 11 last year. Baku will become the center of the world and will receive about 70–80,000 foreign guests.
The United Nations Framework Convention on Climate Change is an agreement signed at the Earth Summit in Rio de Janeiro in June 1992 to prevent dangerous human interference with the climate system. COP Conference of the Parties—is the highest legislative body overseeing the implementation of the Framework Convention on Climate Change. 198 countries are parties to the Convention. Unless the parties agree otherwise, the COP is held annually. The first COP event took place in March 1995 in Berlin, and its secretariat is located in Bonn.
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