Azerbaijan To Present Third Nationally Determined Contribution Document Ahead Of COP29 - AREA
Date
10/4/2024 7:09:51 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, October 4. Azerbaijan is
developing its third Nationally Determined Contribution document
and it will be presented ahead of COP29, Head of Hydrogen and Green
Technology Department at the Azerbaijan renewable energy Agency
(AREA) Rana Humbatova said, Trend reports.
She made the remark during panel discussions on“Revolution in
our understanding of GHG - role of empirical data, AI, and advanced
analytics” within the final day of the international conference
within "Climate Action Week" dedicated to COP29 in Baku
(BCAW24).
Humbatova emphasized the importance of developing and
implementing sustainable energy models to ensure the stability of
the energy system amid the growing use of renewable energy
sources.
"When we talk about renewable energy, it's crucial to consider
its impact on the energy system. Comprehensive modeling is
necessary, as we are dealing with multiple variables such as
climatic conditions, resource availability, and their influence on
the overall energy balance. We need to take all these factors into
account to properly integrate renewable sources into the broader
system.
The first document aimed for a 35 percent reduction in
greenhouse gas emissions, while the second set a goal of 40
percent. Now, we have reassessed our capabilities and are aiming
for carbon neutrality (Net Zero). To achieve this, we have studied
the experiences of other countries, evaluated their strategies, and
determined the investment needed for successful transformations.
This document is updated every five years, and we plan to present
the new version before the COP29 conference," she noted.
To note, the first and second NDC documents were published in
June 2022 and October 2023, respectively.
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