Regional entrepreneurs and economists have a chance to be think-tanks for future economic reforms. Structuring meeting European standards will quickly and efficiently take up reforms in this area. Diversification involves not only the advantage of the real economy over the oil and gas industry, but also the increasing geographical business area.
They talked about it in training in Ganja and Sheki, which the EU organized for local NGOs, with the leading international specialist from Atlas Economic Research Foundation, Executive Director of Siap Solutions Pte Ltd Rainer Heuferts.
According to the chairman of the Center for Economic Research, Doctor of Economic Sciences Gubad Ibadoglu, strategic planning will allow more efficient use of the achievements of the local economy.
The seminar benefited dozens of representatives of 17 specialized non-governmental organizations. Those who want to become more advanced economists taking part in the events can contact the CER on the phone (+99412) 465 18 47 or by E-mail: office@erc.az. - 17D-
Economics
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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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At the COP29 event titled "Climate Finance Landscape in the South Caucasus and Central Asia" held on November 14, Roland Price, Regional Director of the World Bank for the South Caucasus, highlighted the substantial economic and environmental damage faced by the countries of the South Caucasus, which she estimated at around $100 million annually.
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SOCAR Green, a subsidiary of the State Oil Company of Azerbaijan (SOCAR), has signed a series of agreements at the COP29 summit aimed at bolstering the development of renewable energy sources, enhancing energy efficiency, and promoting sustainable growth in Azerbaijan.
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The Islamic Development Bank (IsDB) is stepping up its efforts to mobilize Islamic banking resources in the fight against climate change, President of the IDB Muhammad Sulaiman Al Jasser said on Thursday during a roundtable at COP29.
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