Azerbaijan is set to unveil a comprehensive green investment rule book at the upcoming COP29 climate conference, aiming to attract sustainable investments and enhance environmental responsibility. This initiative reflects the country’s commitment to transitioning towards a greener economy and addressing climate change challenges.
The rule book will provide guidelines and frameworks for both domestic and international investors, outlining best practices for sustainable investments in various sectors, including renewable energy, waste management, and sustainable agriculture. By establishing clear criteria and incentives, Azerbaijan hopes to foster a robust investment climate that prioritizes environmental sustainability.
As global leaders gather at COP29, Azerbaijan’s initiative is expected to serve as a model for other nations, demonstrating how regulatory frameworks can drive green investment and innovation. The move aligns with international efforts to combat climate change and supports Azerbaijan’s own goals of reducing carbon emissions and promoting sustainable development. More