(MENAFN- Trend News Agency) BAKU, Azerbaijan, April 4. Parviz Shahbazov,Azerbaijan's Energy Minister, met with Eugene Zhukov, an ADBrepresentative, to discuss the Asian Development Bank's (ADB)recommendations for green initiative development, Trend reports, referring to the Azerbaijani minister's X.
"We discussed with Eugene Zhukov, the Director General of theCentral and West Asia Department of the Asian Development Bank, thepotential cooperation opportunities for expanding partnerships inthe field of energy, especially the priority directions of thegr eenenergy agenda," the minister said.
He added that proposals to support Azerbaijan's actions withinCOP29, ADB's development of the carbon market, adaptation toclimate change, as well as reforms and implementation of a numberof projects, were reviewed.
This November, Azerbaijan will host COP29. This decision wasmade at the COP28 plenary meeting held in Dubai on December 11 lastyear. Baku will become the center of the world and will receiveabout 70–80,000 foreign guests.
The United Nations Framework Convention on Climate Change is anagreement signed at the Earth Summit in Rio de Janeiro in June 1992to prevent dangerous human interference with the climate system- the Conference of the Parties - is the highest legislativebody overseeing the implementation of the Framework Convention onClimate Change. There are 198 countries that are parties to theConvention. Unless the parties agree otherwise, the COP is heldannually. The first COP event took place in March 1995 in Berlin,and its secretariat is located in Bonn.
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