COP29 discuss financing green future programs

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A high-level event on financing the green future programs was held as part of the Baku-hosted COP29.

Attendees at the round table event included Mukhtar Babayev, COP29 President, Azerbaijan’s Minister of Ecology and Natural Resources; Samad Bashirli, Deputy Minister of Economy of Azerbaijan, Sungat Yessimkhanov, Vice Minister of Energy of Kazakhstan; Fatih Birol, Executive Director of the International Energy Agency; Huseyn Huseynov, Department Head of the Ministry of Economy of Azerbaijan; Laziz Kudratov, Minister of Investment, Industry and Trade of Uzbekistan and other officials.

The speakers stressed the growing importance of developing a global financial plan to achieve the determined climate targets, and urged for acting to bridge the gap between words and deeds. They reiterated the post-industrial countries' responsibilities for climate breakdown, which seriously affected the poorest countries.

The Azerbaijani speakers shared insights into the environmental programs implemented at the initiative of the Azerbaijani government, stressing the financial side of the issue.

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