(MENAFN- AzerNews)
Sabina Mammadli read more Azerbaijan ranks first in the South Caucasus for the Sustainable
Development Goals (SDGs) index, Azernews reports.
The remarks were made by a research analyst at the UNDP Istanbul
International Center, Yasemin Nur Bitlis, during the presentation
of the 'Investor Map' for financing the SDGs of the Azerbaijani
economy.
'Renewable energy projects, environmental protection, clean
waste management, as well as the transition to a green economy,
contributed to the achievement of such results,' she said.
The official also added that in the overall index, Azerbaijan
marked 50th out of 163 countries.
Noting Azerbaijan's position as an attractive country for
investment, the analyst emphasized that despite its small
percentage of renewables, the country has a huge potential that
rivets foreign investors.
'Already today, millions of dollars are being invested in the
renewable energy sector of Azerbaijan, and work is underway to
explore the full potential of the country to further improve the
country's investment climate, attract FDI, and achieve the SDGs,'
she said.
Speaking at the event, Head of the Department on Sustainable
Development and Social Policy at the Economy Ministry Huseyn
Huseynov expects financing of sustainable development goals to
increase in the medium- and long-term.
'I would like to note that Azerbaijan aims to achieve 17 goals
as part of the SDGs. Within the framework of these goals, priority
sectors of public-private partnerships will also be identified. In
particular, I am referring to the sectors of agriculture and
tourism,' he added.
The official underlined that 30 G2B (Government to Business)
meetings are planned to be held this year with priorities in green
technologies, clean energy generation, digital transformation, and
the banking sector.
Earlier the UN and Azerbaijan's Economy Ministry signed the
Sustainable Development Cooperation Framework (UNSDCF) for
2021-2025. The Cooperation Framework, fully compliant with the
Sustainable Development Goals (SDGs), is based on the principles of
human rights, gender equality, sustainable development, resilience,
and responsibility, including socio-economic development
priorities, and will cover entire Azerbaijan.
The UNSDCF is the fifth UN-Azerbaijan cooperation framework and
is based on an analysis of Azerbaijan's progress toward the 2030
Agenda for Sustainable Development. The implementation of the
cooperation framework puts the UN development system reform into
practice, emphasizing transparency, accountability, and joint
action in the delivery of all development results.
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Sabina Mammadli is AzerNews' staff journalist, follow her on
Twitter: @sabinammdl