By secret ballot by Azerbaijani specialists in cybernetics was elected a foreign member of the Spanish Royal Academy of Science in Finance and Economics (Real Academia de Ciencias y Financieras).
As the official portal of the Institute of Cybernetics of the National Academy of Sciences (http://ru.cyber.az/index.php?newsid=516) said, this title is for the development of models of "Quality of Life" and "sustainable development." At the December meeting of the Academic Council they awarded the State Prize to the head of the Laboratory of the organization Professor Korkmaz Imanov.
Imanov is a specialist in instrumental and mathematical methods of economy, including the modeling of socio-economic systems. Recent developments have been made and successfully tested with Spanish colleagues. In February last year, Professor Imanov was awarded the Gold Medal of the Royal Academy of Economic and Financial Sciences of Spain for many years of research in this area. There is the book "New market opportunities for economic recovery" by a group of authors led by the Azerbaijani researcher.
According to him, the cooperation with the Royal Academy of Economic and Financial Sciences of Spain began in 2007 on the recommendation of the brilliant scientist Lotfi Zadeh. During this period, they did 10 works on modeling socio-economic systems, the importance of which was confirmed by the latest global social and economic crises, indicating a need to build a new socio-economic system that reflects a clear link between economic decisions and social development. -17D-
Economics
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The 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change has taken a significant step towards a unified global response to climate change. On the first day of discussions in Baku, participating countries reached a historic agreement on the rules governing the creation and trade of carbon credits. This decision paves the way for the launch of multibillion-dollar carbon credit markets, to be overseen by the United Nations, potentially as soon as next year.
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The State Oil Company of Azerbaijan (SOCAR), Albania’s Ministry of Infrastructure and Energy, and Albanian gas company Albgaz signed a memorandum of understanding (MoU) on Sunday in Baku during the 29th session of the UN Climate Change Conference (COP 29).
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The Green Energy Corridor project, aimed at delivering green energy from Azerbaijan through Georgia and the Black Sea to Romania, Hungary, and Bulgaria, has entered the investment assessment phase, according to Georgian Deputy Prime Minister and Minister of Economy and Sustainable Development, Levan Davitashvili.
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Azerbaijan’s state oil company SOCAR and Italy’s Italgas signed a cooperation agreement on Sunday during the 29th session of the United Nations Framework Convention on Climate Change (COP29), aimed at accelerating the energy transition.
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