BAKU, Azerbaijan, November 16. Albania prioritizes energy transition as a key factor in reducing emissions, the Speaker of the Albanian Parliament Elisa Spiropali said at the session "Setting the scene: understanding the real impact of climate change" on the margins of the COP29 Parliamentary Meeting organized jointly by the Inter-Parliamentary Union (IPU) and Azerbaijani Parliament, Trend reports.
“The country's production activities are 100 percent based on renewable energy sources. In an effort to diversify and strengthen our energy performance, we have embarked on a transformation plan.
Our long-term strategy envisages increasing renewable energy capacity with a focus on solar, wind, and hydropower.
Albania reached an important milestone in 2023, becoming a net exporter of energy produced domestically through hydropower," the speaker said.
To note, the Parliamentary Meeting started its work in Baku within COP29 under the joint organization of the Inter-Parliamentary Union and Azerbaijani Parliament. Sevil Mikayilova, the Vice President of the IPU from Azerbaijan and a member of the Azerbaijani parliament, is taking part in the event.
The two-day event will bring together 92 delegations from 66 countries and international organizations, up to 330 participants, 167 Members of Parliament led by 12 Speakers and Deputy Speakers.
Sessions at the Parliamentary Meeting will discuss the real impacts of climate change, the parliaments' role in making climate commitments a reality and raising mitigation ambition and implementing nationally determined contributions, unpacking the global climate finance architecture and mobilizing resources and streamlining access to climate finance, enhancing resilience in the face of climate change and scaling up adaptation and strengthening local empowerment. The final document will be adopted.
The event will also include several bilateral meetings.
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