ECONOMY
COP29 features event on Leveraging Article 6 Climate Finance for Methane Reduction
Baku, November 14, AZERTAC
The 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29) included a panel discussion titled “Leveraging Article 6 Climate Finance for Methane Reduction.”
In his address at the event organized by SOCAR, Elnur Soltanov, Azerbaijan’s Deputy Energy Minister, shared insights into the ongoing work to reduce methane emissions in Azerbaijan.
Highlighting the importance of funding initiatives aimed at reducing methane emissions, Soltanov emphasized that investors, along with local and international financial institutions, should prioritize this issue and actively contribute to solutions.
SOCAR Vice President Afgan Isayev also spoke about generating financial resources for reducing the company’s methane emissions.
The speakers highlighted actions taken by major global companies, discussed methane’s impact on the environment, and explored strategies for achieving zero emissions.
