Macroeconomy
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The challenges faced by Azerbaijan as the host before COP29 show that preparations for this event, especially the organization of logistical issues, the harmonization of the legislative and regulatory framework with international requirements, and especially the application of the easy visa, should be accelerated.
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Fifth difficulty: The level of logistical and accommodation preparation is not sufficient to meet the needs for COP29.
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Second challenge: Increase in spending on climate change mitigation.
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On June 7, the international rating agency S&P Global has reaffirmed Azerbaijan's sovereign credit ratings at BB+/B, maintaining a stable outlook.
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