Baku, November 12, AZERTAC

Alongside the official negotiations in the Blue Zone, the COP29 Green Zone, overseen by the COP29 Presidency, continued its programme of public events on the second day. A joint panel discussion on corporate sustainability, hosted by the COP29 Azerbaijan Operating Company and Azerbaijan International Bank, COP29’s Principal Banking Partner, took place on November 12.

The event, titled “Corporate Sustainability and Climate Action”, focused on the crucial role of businesses in mitigating the impacts of climate change and their efforts towards achieving global net-zero carbon targets. Speakers included Samir Mammadov, United Nations Global Compact representative; Taleh Tahirli, Deputy Chairman of the Board and Chief Transformation Officer at ABB; Kaushik Burman, CEO of Spiro; Tahir Gozel, President of Qarabag FK; and Maria Peres, Lead Partner Brazil at GreenSpace Tech Hub by Deloitte and Partner of Innovation and Ventures.

Panel discussions highlighted the sharing and integration of best practices in sustainability, strengthening efforts to combat climate change, particularly given the private sector’s adoption of sustainability principles as core business strategies.

Topics included the low-carbon transition, sustainable supply chains, and green technology innovation. The event showcased successful strategies and partnerships, encouraging companies to integrate sustainability into their operations and demonstrating the power of the private sector in building a sustainable future.

The Green Zone, which attracted significant public interest on the second day of the conference, featured a rich programme of events. These included discussions on the role of young women in combating climate injustice in vulnerable communities; youth leadership in biodiversity and climate action; the role of local communities in biodiversity conservation; the importance of diverse perspectives in climate action; and building synergies between climate and nature. Local and international experts participated in these events, organized by a variety of stakeholders.