COP 29 – YEAR OF SOLIDARITY FOR A GREEN WORLD IN AZERBAIJAN ACTIVITIES OF ORGANIZATIONS

Abstract

The decision to hold COP29 in Baku also means global support for Azerbaijan's green energy policy. Accordingly, by the Decree of the President of the Republic of Azerbaijan Ilham Aliyev, 2024 was declared the "Year of Solidarity for the Green World" in Azerbaijan. Azerbaijan, an oil and gas country, has identified the creation of green energy types and the transportation of green energy to world markets as a new priority direction of energy policy. The export of electricity produced on the basis of renewable and green energy has led to the beginning of a new era in Azerbaijan's energy strategy. Azerbaijan's renewable energy potential is very high. By 2030, the share of renewable energy in the installed capacity of electricity is expected to reach 30 percent in Azerbaijan.