Azerbaijan's Employment To Grow With Development Of Green Economy - Official
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, September 9. Development of a
“green” Economy will positively affect employment issues in
Azerbaijan in the medium and long term, the head of the secretariat
of the National Coordination Council for Sustainable Development,
head of the department of the Ministry of Economy Huseyn Huseynov
said, Trend
reports.
He made the remark at the conference“The Role of Small and
Medium Businesses in the Green Economy” held in Baku.
“The Strategy“Azerbaijan 2030: National Priorities of
Socio-Economic Development” reflects the intention to turn the
country into a country of“green growth”. Small and medium-sized
enterprises can certainly contribute to this, including through
decarbonization of their facilities. Also, employment of the
population can grow,” Huseynov noted.
According to him, employment affects the gross domestic product
(GDP).
“The World Bank believes that climate change can reduce global
GDP by 1.5–3 percent by 2050. This is quite a serious figure, and
the reduction in GDP leads to a decrease in economic activity in
the world. This will manifest itself in employment, in the factor
of increased risk of poverty. These problems will be discussed at
COP29,” he added.
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