Economics
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G20 leaders, in their final declaration at the Rio de Janeiro summit on November 19, have issued a clear directive to their negotiators at COP29 in Baku: do not leave without agreeing on an ambitious "New Collective Quantified Goal" (NCQG) for climate financing, UNFCCC Executive Secretary Simon Stiell announced Tuesday.
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In an effort to tackle waste and promote environmental awareness, Azerbaijan’s Ministry of Ecology and Natural Resources is revisiting a familiar Soviet-era practice: recycling glass and household waste. This time, however, the reward is not spare change but a greener future—quite literally.
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On November 18, during discussions in the Milli Majlis about the budget package for the upcoming year, the Central Bank of Azerbaijan (CBA) Governor Taleh Kazimov stated that the manat's exchange rate would remain stable in the coming years.
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Azerbaijan’s natural gas production is forecast to rise to 37.8 billion cubic meters (bcm) in 2024, up from 36.4 bcm in 2023, according to a report by the country’s Accounts Chamber evaluating the draft state budget.
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