Green Energy Transition To Be Crucial For Caspian Region In Coming Years - CPC President
Date
9/25/2024 3:11:23 PM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, September 25. Green energy
transition will be crucial for the Caspian region in coming years,
Efgan Nifti, President of the Caspian Policy Center (CPC), said
during the fifth annual Caspian Business Forum in New York,
Trend reports.
The CPC President highlighted the growing importance of
transport connectivity in the region through projects such as the
Middle Corridor, as well as the Caspian region's continued
demonstration of its ability to provide energy to the world,
whether in the form of hydrocarbons or renewable energy.
Nifti addressed trends in the green energy transition, stating,
"With Azerbaijan hosting the COP 29 conference this November, it is
clearer than ever that the green energy transition will be crucial
for the Caspian region in the coming years."
He noted that these changes are driving increased regional
cooperation and opening up lucrative business opportunities that
were previously unimaginable.
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