Official foreign exchange reserves of the Central Bank of Azerbaijan (CBA) on December 1 of this year amounted to $ 11,686 million.
According to the CBA, in November, foreign exchange reserves fell by $ 57.2 million, or 0.5%, and the beginning of the year increased by $ 1,204.5 million, or 11.5%.
Over the past 12 months reserves of the Central Bank increased by $ 4,658.4 million or 66.3 percent. - 15B -
Economics
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Russia has reduced its greenhouse gas emissions by more than twofold from the 1990 baseline, Russian Prime Minister Mikhail Mishustin announced at the COP29 climate summit.
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Georgian Prime Minister Irakli Kobakhidze announced that Georgia will present its updated Nationally Determined Contribution (NDC 3.0) by 2025, signaling the country’s renewed climate ambitions during his speech at the COP29 summit in Baku on Wednesday.
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Croatian Prime Minister Andrej Plenković announced enhanced efforts by Croatia to protect the Adriatic Sea and advance renewable energy projects during his address at the COP29 summit in Baku on Wednesday.
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Italian Prime Minister Giorgia Meloni on Wednesday called for collective action to limit global warming to 1.5 degrees Celsius during her address at the COP29 summit in Baku, emphasizing the need for a united response to the climate crisis.
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