SYMPOSIUM ON ENERGY EFFICIENCY AND SUSTAINABLE DEVELOPMENT UNDERWAY IN BAKU
The second session of the symposium dealt with energy efficiency initiatives in the oil producing and exporting countries. Representatives of the UN bodies, European Bank for Reconstruction and Development, Ministries of Industry and Energy, Ecology and Natural Resources, State Oil Company of Azerbaijan Republic as well as officials from China, Australia, Thailand, Korea, Qatar, Egypt, Iran delivered their reports at the session. The reports included such issues as productivity, application of environmentally friendly technologies, energy efficiency, transportation safety, competitive export potential and others.
The symposium participants were very much impressed by the oil strategy accomplishments in Azerbaijan, positive impact of the “Contract of the Century” on Azerbaijan people’s social welfare, strengthening of the statehood, development of peace and security in the region. The fact that Azerbaijan is among world’s leaders in GDP growth rates and per capita investment inflow aroused a keen interest of the attendees.
Since the symposium is being conducted within the frameworks of the 14th session of the UN Commission on the sustainable development, the event will be rounded off with adoption of the Baku Declaration.
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