Event In Baku Views European And Central Asian Energy, Water Systems Shift (PHOTO)
Date
11/14/2024 5:14:56 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, November 14. Chairman of the
State Water Resources Agency of Azerbaijan Zaur Mikayilov took part
in a high-level event on "Raising Ambition: Transforming energy and
Water Systems in Europe and Central Asia," organized by the World
Bank within the framework of the 29th session of the conference of
the Parties to the UN Framework convention on Climate Change
(COP29), Trend
reports.
Zaur Mikayilov highlighted the transformative initiatives
undertaken in the water sector, focusing on strategic reforms and
loss mitigation while also addressing the proactive measures
against the challenges posed by climate change.
Deputy Prime Minister of Albania, Belinda Balluku, Minister of
Energy of Romania, Sebastian Ioan Burduja, and Vice President of
the World Bank, Juergen Voegele, who participated in the event,
expressed strong appreciation for the organization of the COP29
event in Azerbaijan and shared insights on innovative green energy
initiatives executed recently.
To note, the 29th session of the Conference of the Parties to
the UN Framework Convention on Climate Change (COP29) opened on
November 11. COP29, which is being held at the Baku Olympic
Stadium, will continue until November 22. It is the largest event
organized by Azerbaijan to date and the first time in the region
that it is being held in Azerbaijan.
The key expectation from COP29 is to agree on a fair and
ambitious New Collective Quantified Goal (NCQG) on climate
finance.
A total of 14 initiatives have been put forward by the COP29
Chairmanship.
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