Azerbaijan possesses huge potential to shine as regional green powerhouse - UK Embassy

BAKU, Azerbaijan, October 1. Azerbaijan has
great potential as a green powerhouse in the region, Deputy Head of
Mission at the UK Embassy Edward Evans said during a seminar titled
"Introduction to voluntary carbon markets in Azerbaijan" in Baku
today, Trend
reports.
"Carbon pricing plays a very important role in this, which is a
truly important issue, while the UK is a leader and partner of
Azerbaijan in this regard," he emphasized.
Evans noted that the UK is all in when it comes to carbon
markets, backing them both at home and on the global stage.
This is why, according to him, the UK is pleased to work with
Azerbaijan to assist these markets in reaching their maximum
potential.



"In 2005, we introduced our own carbon pricing, and since then,
we have reduced emissions by more than 40 percent while
simultaneously growing our economy. Therefore, I believe the UK has
proven that it's possible not only to reduce emissions but also to
use this as a way to stimulate economic growth. Global carbon
markets help attract much-needed funding for developing countries,"
he added.
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• Potensial
• Region
• Yaşıl Enerji
• Azerbaijan
• Karbon