Borrero: Azerbaijan Can Rely On Full EU Support For Hosting COP29
Date
6/4/2024 10:09:55 AM
(MENAFN- AzerNews)
Nazrin Abdul
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During the Baku energy Week, Kristina Lobillo Borrero, Director
of the European Commission's Directorate General for Energy,
emphasized the European Union's unwavering backing for Azerbaijan
in organizing COP29, Azernews reports.
She highlighted the significance of hosting COP29, citing its
potential to bolster energy security, attract investment in
renewable energy, fortify industrial bases, facilitate fair energy
transitions and markets, and ultimately steer economies towards
achieving zero greenhouse gas emissions by 2050. Borrero assured
Azerbaijan of the EU's complete support in ensuring the success of
COP29.
Borrero underscored two pivotal initiatives in renewable energy.
Firstly, she highlighted the partnership between Azerbaijan,
Georgia, Romania, and Hungary aimed at developing a "green" energy
corridor, noting the interest expressed by other nations in joining
this endeavor. She emphasized the benefits of an inclusive
approach, advocating for increased infrastructure development and
market integration at the regional level.
Secondly, she mentioned the agreement between the Renewable
Energy Agency of Serbia and the European Wind Energy Federation
within Europe for the development of offshore wind energy in the
Caspian Sea. Borrero expressed optimism about the potential of this
initiative, citing the unique blend of potentials and ambitions
among participating parties.
In conclusion, Borrero affirmed the EU's strong commitment to
supporting Azerbaijan and its partners in harnessing renewable
energy resources and realizing the region's sustainable energy
ambitions.
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