“I congratulate Azerbaijan on the successful hosting of COP29. "Renewable energy sources are 96% more cost-effective, which is a remarkable achievement. We must continue to invest in this sector,” said Gauri Singh, Deputy Director General of the International Renewable Energy Agency (IRENA), as she addressed the panel session titled “COP29 Energy deliverables — Pathway to a Sustainable Energy Future” held as part of the Baku Energy Forum.
Noting that significant global progress is needed in renewable energy, the Deputy Director General added: “One of the major challenges is the electrification of transportation. Notable pledges were made at COP29. To achieve these goals, we must accelerate our efforts accordingly.”