Azerbaijan and IEA discuss Energy Efficiency Roadmap
Azerbaijan and IEA discuss Energy Efficiency Roadmap
Azerbaijani Energy Minister Parviz Shahbazov, at a meeting in New York with Mary Bers Warlick, Deputy Executive Director of the International Energy Agency (IEA), discussed the draft "Energy Efficiency Roadmap for Azerbaijan" prepared by this Agency within the framework of the “EU4Energy” program, the press service of the Ministry of Energy of the Republic of Azerbaijan.
"The importance of this document was assessed in terms of contribution to Azerbaijan's fulfillment of climate commitments," the message reads.
The sides exchanged views on the priorities of the COP29 agenda, including the adoption of new global collective financial measures, mutual cooperation on COP29, as well as activities to promote Azerbaijan regarding the resumption of nationally determined commitments (NDC) on climate commitments (greenhouse gas emissions) and intensive cooperation with the EIA in this context.
"The measures taken by Azerbaijan in connection with its accession to the Global Promise on Renewable Energy and Energy Efficiency and the Global Promise on Methane initiatives, as well as steps towards energy efficiency and reduction of greenhouse gas emissions, were considered," the Ministry of Energy said.
They also discussed innovations related to the creation of renewable energy production facilities in Azerbaijan, their integration into the energy system, the use of offshore wind energy, and the implementation of green energy corridor projects in various directions.
Energy
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"We need an agreement on a new ambitious climate finance goal here in Baku. Through various components, this goal should mobilize the funding necessary for developing countries," United Nations Secretary-General António Guterres stated at a media briefing at COP29 on November 21.he said.
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A balanced energy transition is key to global sustainability, said Haitham al-Ghais, Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), in his speech at a high-level meeting during COP29. He emphasized the continuing importance of oil and gas in meeting global energy needs, calling for a balanced and inclusive approach to the energy transition.
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Natural gas currently satisfies 23% of global primary energy needs, said Mohammad Hamel, Secretary-General of the Gas Exporting Countries Forum (GECF), at the COP29 summit. He emphasized the indispensable role of natural gas in the global energy landscape, noting its contribution to economic growth, environmental sustainability, and food security.
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The European Union (EU) has warned participants at the 29th UN Climate Change Conference (COP 29) in Baku that any backsliding on the commitments made last year at COP 28 in Dubai regarding the transition away from fossil fuels would be unacceptable. The EU insists that a similar commitment be included in the final decisions of this year’s conference.
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