ECONOMY


BAKU TO HOST 1st RENEWABLE ENERGY CAUCASUS FORUM

Baku, August 22 (AZERTAC). Azerbaijan`s capital will host the 1st Renewable Energy Caucasus Forum in September.

The forum will be co-organized by the Academy of European management and EVRA International, Inc.

The idea to hold the event was supported by the European Commission whose chief for environmental issues sent a letter to the forum`s organizers to express his backing.

The goals of the forum are: the further development and transfer of clean technologies, together with the acceleration of environmental business growth and supply base in the Caucasus Region; attracting oil and gas companies, banks and investment institutions to further successful investments in the renewable energy industry in the Caucasus Region as well as addressing timely restructuring in regards to climate change.

Participants will include Caucasus & international governmental organizations, representatives of the EU, from the fields of Industry, banking, science as well as cleantech organizations, consulting and investment institutions, and universities.

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