On the fourth day of the ongoing COP29 climate conference, COP29 Azerbaijan Operating Company and “PASHA Holding”, a strategic impact partner of COP29, organized a joint panel session on the Green Zone programme.
Oku.Az reports that this was reported by the COP29 Operating Company of Azerbaijan.
It was reported that the current situation, challenges and development prospects of climate finance in these regions were comprehensively analyzed in the panel session titled “The landscape of climate finance in the South Caucasus and Central Asia.” The session evaluated current financial mechanisms for climate stability and adaptation purposes, which focused on topics such as promoting sustainable investments and strengthening public-private sector cooperation.
Chairman of the Board of Directors of the “Baku Stock Exchange” CJSC Ruslan Khalilov, Regional Director of the World Bank for the South Caucasus Roland Price, Deputy Chairman of the Board of Directors of the “PASHA Bank” Bahruz Nagiyev, Executive Director of the Bank of Japan for International Cooperation (JBIC), sustainability Hiroko Yano, general director of the management department, and Manas Gizdhuaniyev, general director of the Green Finance Center AIFC, participated in the round table, along with current problems, the acceleration of climate action in the South Caucasus and Central Asia, discussed how to increase and optimize financial support in this direction and forms of strategic cooperation in this field.
Additionally, panel discussions held at various times in the COP29 Green Zone included innovative approaches to sustainable development, strategies adopted to reduce carbon emissions, the relevance of sustainability in industries, green technologies, successful models and perspectives. future energy and sustainable resources. grassroots economies, etc., different events were held on various topics, in which local and foreign experts and specialists shared their opinions. In addition to the panel discussions, film screenings, yoga sessions and debate-style sessions were also organized in the dynamic “Extreme Hangout” area for visitors to the COP29 Green Zone.
