Rovshan Najaf
Achieving net zero emissions by 2050 is one of SOCAR's main goals, SOCAR President Rovshan Najaf stated on December 3 at the event "Decarbonization Strategy and Prospects for the Future of SOCAR", organized in Dubai as part of the 28th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change - COP28. Achieving the goals of “zero emissions" (net Zero) by 2050, as well as reducing flare emissions in the production process, is one of SOCAR's main goals, he believes.
Rovshan Najaf stressed that these steps are being taken both in accordance with corporate social responsibility and for the transformation of SOCAR into an exemplary energy company from the point of view of environmental protection.
During the event, a detailed presentation was made on the work done at SOCAR in the field of environmental protection, ongoing projects, identified goals and further steps to achieve them, strategic goals in the field of green energy in oil and gas operations, decarbonization and energy transition.
The Minister of Ecology and Natural Resources of Azerbaijan Mukhtar Babayev, an honorary guest, spoke in detail about the work on environmental protection and restoration of ecological balance.
Energy
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Climate change remains one of the most serious challenges facing developing countries, said Qatar's Minister of Environment and Climate Change, Abdullah Abdulaziz bin Turki Al Subaie, at the COP29 summit. Qatar's approach to combating climate change is based on the National Vision 2030, which places environmental protection at its core.
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We need to do more to fight climate change in all areas, the Minister of Climate and Environment of Norway, Tore Onshuus Sandvik, said at the COP29 summit in Baku. Focusing on three key areas, the minister emphasized the need for national commitments that align with the goal of limiting the temperature rise to 1.5°C. "Every ton counts. We need deep, fast, and sustainable emission reductions," the Norwegian minister said, stressing the importance of ambitious targets.
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Azerbaijan plays a constructive role in regulating the global oil market, the Secretary-General of the Organization of Petroleum Exporting Countries (OPEC), Haitham al-Ghais, said at a meeting with Azerbaijan's Energy Minister Parviz Shahbazov at COP29.
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At an event organized jointly with the International Energy Agency (IEA) as part of COP29, a roadmap for energy efficiency policy in Azerbaijan was presented. According to the Ministry of Energy of Azerbaijan, Deputy Minister Orkhan Zeynalov, speaking at the event, noted that Azerbaijan supports international efforts to combat climate change and is committed to reducing greenhouse gas emissions. He emphasized that serious steps are currently being taken to accelerate the transition to a "green" economy.
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