WB To Further Support Azerbaijan's Green Economy Transition - Country Manager (Exclusive)
Date
9/21/2022 2:12:30 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, September 21. World bank will
further support Azerbaijan in the green Economy transition, the
Country Manager for World Bank in Azerbaijan Sarah Michael told
Trend .
'Green transition is a very high priority for us. This year we
plan to introduce Country Climate and Development Report (CCDR) in
Azerbaijan,' Sarah Michael said.
According to her, last year the World Bank introduced this
analysis globally to help countries identify challenges and
opportunities in the green transition.
'Last year we conducted such analysis in Turkey and Kazakhstan,
this year we plan to do this in Azerbaijan. It will help us to see
how we can support the country with the green transition,' she
said.
The World Bank's CCDRs are new core diagnostic reports that
integrate climate change and development considerations. They will
help countries prioritize the most impactful actions that can
reduce greenhouse gas (GHG) emissions and boost adaptation while
delivering on broader development goals. CCDRs build on data and
rigorous research and identify main pathways to reduce GHG
emissions and climate vulnerabilities, including the costs and
challenges as well as benefits and opportunities from doing so.
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