COP29 plays a key role in the development of green energy in Azerbaijan. This event will provide our country with a unique opportunity to demonstrate its responsible attitude to the use of natural resources by developing green energy.
Jalal Huseynov, chairman of the Ukrainian-Azerbaijani business association Terezi, told AZERTAD.
According to him, Azerbaijan will be able to show its commitment to sustainable development and investment in environmentally friendly technologies.
“This not only reduces dependence on traditional energy sources, but also helps attract international investment, exchange of experience and strengthen cooperation in the field of climate policy. Thus, holding COP29 will be an important step towards a sustainable and environmentally friendly future for Azerbaijan,” J.Huseynov emphasized.
He noted that our country is actively working on the development of alternative energy: “We have recently signed an agreement on an energy cable from Azerbaijan to the EU, which will allow Eastern European countries, including Ukraine, to connect to this system. This agreement opens up new opportunities for cooperation in the field of green energy.
Azerbaijan’s investments in green energy projects have great potential, especially in the context of the destruction of Ukraine’s energy infrastructure as a result of Russian aggression and the shortage of electricity generation during the war. These investments will help not only restore but also modernize Ukraine’s energy system, making it more sustainable and environmentally friendly.”
Jalal Huseynov said that Azerbaijan could also become a transit country for gas from Central Asia through Ukraine: “This was recently announced by the President of Ukraine Volodymyr Zelenskyy. Azerbaijan’s participation and experience in the development of new gas fields in Ukraine is also being considered, which indicates deep and promising economic ties between our countries.”
