Slovakia Stands Ready To Back Azerbaijan's COP29-Related Actions (Exclusive)

(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 18. Slovakia, both at thegovernmental level and within companies, stands ready to assistAzerbaijan in the preparation and successful conduct of COP29,Miroslav Kucera from the well-known Slovak Aspiro consultingcompany told Trend .

"Our company specializes in preparing investment plans andfinancial components for projects in the field of renewable energysources, as well as hydrogen projects and energy storage projects of this is currently relevant for Azerbaijan, as it is stronglyfocusing on green energy, which is especially important for acountry hosting COP29," noted Kucera.

According to him, hosting COP29 in Baku will provide a goodopportunity for Azerbaijan, known worldwide for its oil and gasresources, to demonstrate itself as a country with potential andplans for the production of green energy and its export toEurope.

"COP29 in Baku will discuss climate financing. This topic isclose to our company, as we work extensively with 'green' projectsin the CIS countries and Europe. We are open to consultations onthis particular issue with Azerbaijani entities," Kucera added.

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 COP-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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