President Ilham Aliyev signed on November 7, the decree "On measures to improve governance in the field of disaster management."
The essence of the document is to bring together two structures of the Ministry of Emergency Situations.
On the basis of the State Inspectorate for Small Volume Vessels and the State Water Rescue Service the State Service for Control over Small Vessels and Water Rescue has been established. The charter of the new service will be passed within two months.
Thus, the association is aimed at reducing the cost of managing these two entities of MOE.
In addition, the President instructed MOE to submit proposals for optimization of its activities.
In total, the structure of MOE created in 2006 consists of more than 20 units, as well as regional centers of the Ministry. Information on the number of employees of Ministry of Emergency Situations is confidential. --------------08D
Economics
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Azerbaijan’s state oil company SOCAR signed a memorandum of cooperation with North Macedonian company ECM on Thursday, during a visit to Baku by North Macedonia's President Gordana Siljanovska-Davkova, an informed source told Turan.
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Discussions were held in Baku within the framework of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, focusing on the "Decarbonization and Climate Adaptation of the Cotton-to-Clothing Value Chain." Among other topics, the state of cotton farming in Azerbaijan was also addressed.
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Azerbaijan has attracted significant interest from companies in both developing and developed countries, as well as from state and private sector representatives of at least 10 nations, regarding participation as shareholders in the Climate Finance Action Fund (CFAF), which has a total budget of $1 billion. The CFAF is one of Azerbaijan’s 14 key initiatives unveiled at COP29, Yalchin Rafiev, Azerbaijan's chief negotiator at COP29 and Deputy Foreign Minister, said at a press conference on Tuesday.
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The Azerbaijani government has proposed that the OPEC Fund participate in financing several renewable energy projects, including offshore wind energy development, green energy corridor initiatives, and a 1 GW project planned by SOCAR in partnership with the UAE-based company Masdar.
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