UNDP SUPPORTS THE GOVERNMENT TO REDUCE GREENHOUSE GAS EMISSIONS
The main objective of the project is to assist Azerbaijan in creating the capacity for participation in the Clean Development Mechanism (CDM) of the Kyoto protocol of the United Nations Framework Climate Change Convention (UNFCCC) in order to reduce greenhouse gas (GHG) emissions.
Azerbaijan ratified the Kyoto Protocol of the UNFCCC in September 2000 and is now eligible for participation in the CDM of the Protocol.
The project will allow the transfer of technologies and contribute to the increase of foreign investment flows.
In the case of Azerbaijan, it is the Government of Norway that has committed itself to provide financial assistance valued at 300,000 USD to the country within CDM.
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