Dastur Energy’s Post

#Workingtogether for a #greenworld! In a significant move demonstrating its commitment to environmental sustainability, Azerbaijan declared 2024 "Green World Solidarity Year" at the end of last year. This decision aimed to enhance international solidarity in the global effort against climate change. Green energy goals of Azerbaijan The Republic of Azerbaijan prioritizes the creation of green energy sources, with a goal for renewable energy to constitute 30% of its electricity-generating capacity by 2030. This target reflects climate goals of Azerbaijan and its commitment to reducing its carbon footprint. Azerbaijan has set challenging targets to reduce greenhouse gas emissions, aiming for a 35% reduction by 2030 and a 40% reduction by 2050. The Government of Azerbaijan has planned to transform the liberated Karabakh (Garabagh) and East Zangazur regions fully into a "Net-Zero Emission" Zone as a priority within the ongoing reconstruction and development projects, as well as reduce carbon dioxide emissions by 40 percent by 2050. The green energy potential of the liberated territories of Azerbaijan includes almost all types of renewable energy sources, including hydro, solar, wind, and geothermal. Liberated Karabakh and East Zangezur, as well as the Nakhchivan Autonomous Republic, have been declared green energy zones. The protection of the environment stands as a priority in the extensive restoration and redevelopment processes unfolding in the liberated territories. Innovative approaches such as "smart city" and "smart village" are implemented in these areas, contributing to ecosystem restoration. Role of Azerbaijan in the international climate agenda As a responsible member of the international community, Azerbaijan has hosted the 29th Conference of the Parties to the UN Framework Convention on Climate Change (COP29) this week. Hosting of COP29 further signifies and reflects profound respect and trust of the international community in Azerbaijan, recognizing endeavors of our country in environmental protection and addressing climate change on national, regional and global scales. #Azerbaijan #President #ILHAMALIYEV #COP29 #UNClimateChangeConference

🌍 𝗖𝗢𝗣𝟮𝟵 𝗗𝗲𝗰𝗹𝗮𝗿𝗮𝘁𝗶𝗼𝗻𝘀 𝗮𝗻𝗱 𝗣𝗹𝗲𝗱𝗴𝗲𝘀 DCarbon Global proudly shares the #initiatives and #pledges made by the COP29 Azerbaijan Presidency during the G77 and China Coordination Meeting on November 14, 2024. 𝗖𝗢𝗣𝟮𝟵 𝗚𝗿𝗲𝗲𝗻 𝗘𝗻𝗲𝗿𝗴𝘆 𝗣𝗹𝗲𝗱𝗴𝗲: 𝗚𝗿𝗲𝗲𝗻 𝗘𝗻𝗲𝗿𝗴𝘆 𝗭𝗼𝗻𝗲𝘀 𝗮𝗻𝗱 𝗖𝗼𝗿𝗿𝗶𝗱𝗼𝗿𝘀 The COP29 Green Energy Pledge focuses on establishing #Green #Energy #Zones and #Corridors. This commitment includes setting ambitious #targets to: Promote #investment in #sustainable energy #solutions, stimulate economic growth through innovative #energy initiatives, develop, modernize, and expand #infrastructure to support green energy transitions, and #foster regional cooperation for a #unified approach to #sustainability. Together, these actions aim to accelerate progress toward a sustainable and energy-secure future. #DCarbon #DCarbonGlobal #COP29 #UNFCCC #UNClimateConference #NetZero #ClimateAction #ClimateChange #Article6 #COP #Sustainability #SustainableDevelopment #ClimateSolutions #CarbonMarket #SustainableFuture #GlobalClimateEfforts

Methane emissions from Organic Waste are a critical issue, responsible for nearly 20% of human-based methane emissions. With urgent action required, the COP29 Azerbaijan Declaration on Reducing Methane from Organic Waste presents a landmark commitment to cut these emissions by 30% below 2020 levels by 2030. This shift supports NDCs, catalyzes Climate Finance, and accelerates #TechnologyTransfer for improved organic waste management. Converting organic waste into renewable energy presents not only environmental benefits but also energy security, economic value, fostering job creation and meeting SDGs especially in developing nations and LDCs. The declaration highlights the importance of #partnerships and investments to bring advanced waste management technologies and financial resources to the global south, making these initiatives both impactful and commercially rewarding. It would be interesting to see how #COP29 Presidency's commitment shapes future policies in organic waste management. #MethaneReduction #ClimateChange #Sustainability #SDGs

We are delighted to announce that the KliK Foundation had the opportunity to contribute to the latest #Energy #Efficiency #Magazine which will be distributed at COP29 Azerbaijan in Baku! How does #Switzerland’s use of Article 6.2 enable vital greenhouse gas mitigation activities in developing countries, providing both #financial #support and fostering sustainable development? The article, co-authored by Aurélien Pillet Pillet and Andrea Reiter, delves into the opportunities of implementing high-integrity climate action through Article 6.2 of the Paris Agreement to support #energyefficiency projects. It highlights how mechanisms like A6.2 can derisk #investments, incentivise the private sector, and promote activities such as waste heat recovery and energy-efficient equipment in emerging economies. Thanks to Zoubida Boutaleb. corporate - institutional communication and Hafid Boutaleb from AOB GROUP for the platform to discuss these impactful initiatives, along with all the inspiring authors and organizations working to accelerate the energy transition. Together, let’s continue to push for ambitious #climateaction and meaningful change! #article6 #parisagreement #climateprotection #carbonoffset #co2reduction #carbonfinance #carbonmarket #climateaction #ITMOs #emissionreduction #energytransition #marketmatters #sustainability #environment #COP29 Read the full article for more insights, and feel free to connect to discuss collaboration opportunities in advancing A6.2 and energy efficiency! #article6 #parisagreement #climateprotection #carbonoffset #co2reduction #carbonfinance #carbonmarket #climateaction #ITMOs #emissionreduction #energytransition #marketmatters #sustainability #environment #COP29

As week 2 of #COP29 kicks off, the urgency for energy efficiency action is clear. At #COP28, countries pledged to double efficiency improvements to around 4% annually by 2030, but research indicates this rate was just 1.3% in 2023. Policymakers worldwide must act now to address the climate emergency. CLASP, Alliance for an Energy Efficient Economy (AEEE), International Institute of Refrigeration, and Sustainable Energy for All (SEforALL) hosted a session at #COP29 on tracking energy efficiency in the Global South. Experts Yosr Allouche, Ph.D, Marina Almeida, M.Sc., Uboho Ekpo, Graeme Maidment FInstR, Pramod Kumar Singh, and Bishal Thapa shared challenges and solutions shaping energy efficiency in the region. International Institute of Refrigeration’s Graeme stressed: When it comes to energy efficiency, we need to be lean, be clean, be green, and be seen. Meaning, we need to passively minimize the need for energy, use the best energy sources, reduce energy demand, and track monitor and promote progress. #ForPeopleForPlanet African Energy Commission of the African Union E+ Energy Transition Institute National Council on Climate Change Get more details on CLASP’s presence at COP29: https://lnkd.in/gj96ZPKz

Despite its small land size and limited renewable energy options, Singapore is committed to achieving net zero emissions by 2050 and transitioning to a low-carbon and sustainable future. This climate ambition will require the collective efforts of the Government, industry partners, businesses, and citizens to realise our shared vision. 👉 Find out how Singapore is charting its journey towards net zero at the upcoming COP29! Get latest updates on the key discussions at the Singapore Pavilion’s website: https://lnkd.in/gbfgYT7t #COP29SGPavilion #COP29 #COP29Azerbaijan

🌍 𝗖𝗢𝗣𝟮𝟵 𝗗𝗲𝗰𝗹𝗮𝗿𝗮𝘁𝗶𝗼𝗻𝘀 𝗮𝗻𝗱 𝗣𝗹𝗲𝗱𝗴𝗲𝘀 DCarbon Global proudly shares the #initiatives and #pledges made by the COP29 Azerbaijan Presidency during the G77 and China Coordination Meeting on November 14, 2024. 𝗖𝗢𝗣𝟮𝟵 𝗚𝗹𝗼𝗯𝗮𝗹 𝗘𝗻𝗲𝗿𝗴𝘆 𝗦𝘁𝗼𝗿𝗮𝗴𝗲 𝗮𝗻𝗱 𝗚𝗿𝗶𝗱𝘀 𝗣𝗹𝗲𝗱𝗴𝗲 COP29 set an ambitious and transformative #pledge to increase #global energy #storage capacity six-fold compared to reach an impressive 1,500 gigawatts by 2030 compared to 2022 levels. This pledge shall enhance #renewable #integration by grid #resilience and #storage additions, improve #energy #access &reliability for critical infrastructure &underserved regions as well as drive #innovation, lowers #costs, supports #economic growth, stressing a unified commitment to advancing sustainable energy #infrastructure on a global scale. The pledge is consistent with the International Energy Agency's (IEA) analysis, which highlights the need to add or refurbish an additional 65 million kilometers by 2040 to achieve net-zero emissions by 2050. The pledge be institutionalized through a commitment to Technology Development Finance & Investment Collective Goal for Storage Modern Grid Development. 🌱 Together, let us stand united for a sustainable and peaceful future. #DCarbon #DCarbonGlobal #COP29 #UNFCCC #UNClimateConference #NetZero #ClimateAction #ClimateChange #Article6 #COP #Sustainability #SustainableDevelopment #ClimateSolutions #CarbonMarket #SustainableFuture #GlobalClimateEfforts

#JASolarLeadswithESG 🌍On November 11, the 29th UN Climate Change Conference of the Parties (COP29) opened in Baku, Azerbaijan. JA Solar Chairman, Mr. Baofang Jin was honored to deliver a keynote speech, highlighting the critical role of clean energy in addressing global climate challenges. Guided by our mission, “Developing Solar Power to Benefit the Planet,” JA Solar is committed to illuminating a sustainable future with responsible action and innovation. 💪This year, we followed our “Together Towards Tomorrow” responsible supply chain strategy by joining the UNGC's "Forward Faster" initiative and becoming a TNFD Adopter, furthering our commitment to sustainability. 🌟 At COP29, JA Solar will release our first Climate-Related Disclosure and TCFD Report, reaffirming our commitment to a resilient, green future. Together, let’s accelerate towards a sustainable tomorrow! #COP29 #ClimateAction #Sustainability #JASolar

#JASolarLeadswithESG 🌍On November 11, the 29th UN Climate Change Conference of the Parties (COP29) opened in Baku, Azerbaijan. JA Solar Chairman, Mr. Baofang Jin was honored to deliver a keynote speech, highlighting the critical role of clean energy in addressing global climate challenges. Guided by our mission, “Developing Solar Power to Benefit the Planet,” JA Solar is committed to illuminating a sustainable future with responsible action and innovation. 💪This year, we followed our “Together Towards Tomorrow” responsible supply chain strategy by joining the UNGC's "Forward Faster" initiative and becoming a TNFD Adopter, furthering our commitment to sustainability. 🌟 At COP29, JA Solar will release our first Climate-Related Disclosure and TCFD Report, reaffirming our commitment to a resilient, green future. Together, let’s accelerate towards a sustainable tomorrow! #COP29 #ClimateAction #Sustainability #JASolar

Pakistan’s First National Carbon Market Policy Unveiled During COP29 Azerbaijan , Pakistan announced its first-ever National Carbon Market Policy, marking a key step in regulating carbon markets and aligning them with national climate goals. Key Policy Highlights: • NDC Contribution: 5% of project-generated credits to support Pakistan’s NDCs. • Revenue Sharing: 12% of net carbon credit revenues split between the host province (6%) and Pakistan’s Climate Change Fund (6%). • Administrative Costs: 1% of gross revenues allocated to the federal government. This policy aims to formalize Pakistan’s carbon market, transitioning from voluntary mechanisms to a structured framework that ensures equitable revenue distribution and bolsters national climate action. At Tti Testing Laboratories we are working towards Emission Trading System (ETS), a cap & Trade system in collaboration with Renewable Market & potential Esates! Seeking more collaboration from the industry leaders as the only solution to the Decarbonization Startegy is through Emission control mechanism, either voluntary or enforced.