BAKU, Azerbaijan, October 31. Azerbaijan has committed to reducing its emissions by forty percent by the year 2050, with expectations to achieve this target by 2035, Deputy Minister of Energy of the Republic of Azerbaijan and Chief Executive Officer of COP29 Elnur Soltanov said at the 5th Dialogue on Sustainable Development Goals, titled "Future Echoes: Bridging Pathways for Climate Change and Global Goals," in Baku, Trend reports.
He noted that by 2030, Azerbaijan's emissions will be cut by 35 percent compared to 1990 levels, emphasizing that every climate action must reflect the progress achieved through previous decisions.
"If we planned to reduce emissions by 40 percent by 2050, we now aim to achieve this by 2035," Soltanov added.
The Chief Executive Officer said that Azerbaijan has updated its baseline year from 1990 through 2022.
"This also allows for a clearer understanding of current conditions and enables more accurate reporting. According to our estimates, emissions in 2022 amounted to 61 million tons of carbon dioxide, representing 1 percent of global emissions. Our per capita emissions are lower than the global and European averages, and we have already seen significant reductions since 1990.
The energy sector has been divided into 4 additional subsectors, covering a total of 7 sectors. He noted that decision-making at the global level requires a comprehensive approach across all economic sectors.
The electricity production sector is the largest in terms of investments, accounting for 24 percent.
Following this, residential buildings and infrastructure rank second, while the oil and gas sector contributes around 16 percent of emissions in absolute terms. The transportation sector is next at 15 percent, followed by industry at 14 percent, waste at 8 percent, and agriculture at 7 percent. In agriculture, we focus on net figures, including factors like forest belts, cover, etc.," Soltanov added.