BAKU, Azerbaijan, November 15. Central Asian countries need to join efforts to develop renewable energy sources, the director general of the International Renewable Energy Agency (IRENA) Francesco La Camera said at the COP29 Energy Transition Investment Forum for Central Asia, Trend reports.
“Hosting an investment forum dedicated to the energy transition under COP29 will play a key role in stimulating investment in the renewable energy sector in Central Asia. The region has huge potential in renewable energy. All Central Asian countries must join efforts to develop renewable energy sources,” he said.
La Camera noted that investment in renewable energy is necessary to ensure energy security and to ensure the level and limitation of warming to 1.5 percent.
To note, the 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29) kicked off in Baku on November 11.
The UN 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 in the climate system. The acronym COP (Conference of Parties) stands for “Conference of Parties” and is the highest legislative body overseeing the implementation of the Framework Convention on Climate Change.
A total of 198 countries are parties to the Convention. Unless otherwise decided by the parties, COP is held annually. The first COP event was held in March 1995 in Berlin, and its secretariat is located in Bonn.
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