2024-06-07 07:45:02
Azerbaijan can depend on the complete assist of the EU in internet hosting COP29.
As Day.Az reported on Tuesday with regards to Pattern, Cristina Lobillo Borrero, Director of the European Fee for Power Coverage Technique and Coordination, mentioned this in the course of the Baku Power Week.
“Internet hosting COP29 represents a novel alternative to implement these concepts in a approach that improves our vitality safety, will increase funding in renewable vitality, strengthens our industrial bases, promotes vitality, a simply vitality transition and commerce in our markets and, in fact, places our economies heading in the right direction. path to realize net-zero greenhouse gasoline emissions by 2050, you may depend on the complete assist of the European Union to make COP29 a world success,” she mentioned.
In keeping with her, there are two particular initiatives which might be particularly necessary within the area of renewable vitality, one in all which is the partnership between Azerbaijan, Georgia, Romania and Hungary to develop a inexperienced vitality hall.
“Different international locations have additionally expressed curiosity in taking part on this initiative. An inclusive method can enhance the advantages of infrastructure growth and market integration on the regional stage. One other key initiative is the settlement between the Serbian Renewable Power Company and the European Wind Power Federation inside Europe on the event of offshore wind vitality in Caspian Sea. And we completely mix distinctive potential and ambition. I imagine that this initiative has nice potential and excessive curiosity from all sides to show its feasibility and produce it to life,” added Cristina Lobillo Borrero.