Update on the Implementation of the Green Energy Corridor Initiative from Azerbaijan to Europe

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).

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.

Turkey aims to achieve carbon neutrality by 2053, transforming key sectors of its economy in line with a vision of "net-zero emissions and green development," President Recep Tayyip Erdogan announced at COP29 in Baku on Monday.

Azerbaijan’s Digital Development and Transport Ministry announced on Sunday that the country has signed an agreement with the International Civil Aviation Organization (ICAO) to adopt sustainable aviation fuel (SAF) for its civil aircraft, as part of its ongoing decarbonization efforts.