Azerbaijan to reduce greenhouse gas emissions

Azerbaijan's energy potential has been considerably strengthened and its geographical position greatly contributes to this, Chairman of the Board of the Energy Regulatory Agency under the Azerbaijani Ministry of Energy Samir Akhundov said,at the International Energy Charter Forum in Baku.

"The potential of wind energy in Azerbaijan is estimated at 3,000 megawatts," Akhundov said. The chairman also stressed that the potential of solar energy in Azerbaijan is estimated at 20,000 megawatts.

"Azerbaijan has assumed obligations on decarbonization," Akhundov said. "We are one of the countries that joined the UN Environmental Treaty and signed the Paris climate agreement."

The chairman also stressed that Azerbaijan emits only about 0.11 percent of greenhouse gases emitted globally to the atmosphere. "The Azerbaijani government has committed to reduce greenhouse gas emissions by 30 percent by 2030," Akhundov added.

The theme of the forum is "Energy Transition through Technological and Political Innovations".

The four-session forum is dedicated to the development of renewable energy sources and technologies, the use and regulation of renewable energy sources, the promotion of energy efficiency, the sharing of best practice and ensuring regional security.