Extended Producer Responsibility Takes Center Stage At COP29 In Baku
Date
6/29/2024 10:51:29 PM
(MENAFN- AzerNews)
Nazrin Abdul
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The challenges and opportunities surrounding the implementation
of the international strategy on "Extended Producer Responsibility"
(EPR) will be a key focus at COP29 in Baku this November.
Elshad Farzaliyev, Director of Public Relations for the Eurasian
region at Coca-Cola Company, highlighted this during his address at
the international forum "Green World Solidarity: Waste to Value for
a Sustainable Future", Azernews reports.
He explained that the strategy involves incorporating all
environmental costs associated with a product's lifecycle into its
market price.
E. Farzaliyev emphasised that this approach, applied in waste
management, prompts manufacturers to integrate rigorous
environmental standards into product design.
"In Azerbaijan, companies are deeply committed to implementing
this strategy," he noted, pointing out that Azerbaijan is advancing
towards a "green" economy and will intensify its efforts in this
direction.
The 29th session of the Conference of the Parties to the UN
Framework Convention on Climate Change (COP29) is scheduled to take
place in Azerbaijan's capital this November. The decision to host
COP29 in Baku was made during COP28 in Dubai on December 11 last
year. Baku is expected to host around 70-80 thousand international
guests during the two-week event.
The UN Framework Convention on Climate Change, signed at the
Earth Summit in Rio de Janeiro in June 1992, aims to prevent
dangerous human interference in the climate system. COP (Conference
of Parties) sessions convene annually, unless otherwise decided by
the parties. The inaugural COP was held in Berlin in March 1995,
with its secretariat based in Bonn.
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