BAKU, Azerbaijan, September 25. Azerbaijan is
making major efforts to attract investment in green energy products
and advance the overall green transition, UN Resident Coordinator
in Azerbaijan Dmytro Shlapachenko told Trend, on the sidelines of the 2nd
Azerbaijan International Investment Forum held in Baku today.
He noted that the transition to green energy is not based solely
on moral principles.
“It is also essentially profitable. We have seen industries
looking for investment in sustainable production and sustainable
products. About 92% of investors are currently considering
opportunities related to the transition to green energy. As the UN,
we are, of course, promoting this, and we have held several
sessions with major investors,” he said.
Shlapachenko added that many international platforms hosted by
Azerbaijan have been used to advance the idea of the green energy
transition and explain its benefits.
“We have a framework document that we signed with the Government
of Azerbaijan. This five-year plan places particular emphasis on
the environment,” he added.
The second Azerbaijan International Investment Forum is being
held in Baku.
The two-day forum is organized by Azerbaijan’s Ministry of
Economy and its subordinate Azerbaijan Export and Investment
Promotion Agency (AZPROMO), in strategic partnership with European
House – Ambrosetti.
Plenary and panel sessions at the event will address strategic
issues including the Middle Corridor, energy and the green
transition, artificial intelligence and digital transformation,
infrastructure, industry and free economic zones, critical raw
materials, agribusiness, financial cooperation, small and
medium-sized business development, tourism, real estate and
investment in human capital.
