URECA’s Post

As the world turns its attention to #COP29, hosted in the Middle East this year, the discussions and commitments made during the conference will shape the future of sustainable development, green innovation, and climate investments. For investors looking to be at the forefront of this transformation, #Azerbaijan presents a unique opportunity. With its strategic position at the crossroads of Europe and Asia, Azerbaijan is emerging as a key player in the global green energy and sustainability sector. From renewable energy projects to carbon-neutral technologies and sustainable infrastructure, the country is making substantial strides in aligning its growth with climate action goals. Why #Invest in Azerbaijan? 🇦🇿 Azerbaijan’s Green Transformation: The government is setting ambitious targets to reduce emissions, with a strong focus on renewable energy sources, including wind, solar, and hydropower. 🔋 Growing Green Energy Projects: Azerbaijan is investing heavily in renewable energy, aiming to become a regional leader in clean power generation. 🚀 Attractive Investment Incentives: With competitive tax benefits and a welcoming business environment, Azerbaijan is positioning itself as an investment hub for sustainable industries. 🌱 Environmental Innovation: The country is prioritizing eco-friendly initiatives, offering vast opportunities for partnerships in the green technology sector. As COP29 accelerates the global shift towards sustainability, Azerbaijan is poised to be a prime destination for forward-thinking investors who want to contribute to a cleaner, greener world.

#UAE automotive sector adopts sustainability, with Southeast Asian companies driving #eco-friendly innovations and capturing 5% market share, #SaudiArabia launches its first #carbon credit exchange at #COP29, offering 2.5M certified credits to support #Vision2030’s renewable energy goals, #Egypt allocates 37% of 2024/2025 public investments to sustainable infrastructure, advancing #green cities, transport, and housing, #COP29 achieves consensus on Article 6.4 carbon credit standards, enhancing #climateaction and market integrity, #US imposes a #methane fee on oil and gas emitters, targeting reduced emissions and #climatechange impact, TotalEnergies exceeds 100 MWp with 80 solar assets across #MENA, offering solutions to reduce costs and carbon footprints, Range Energy electrifies freight trailers, cutting emissions by 100M pounds annually and saving $50M in fuel costs, at #COP29, United Nations calls $700M Loss and Damage Fund “grossly inadequate,” urging new funding for #climateaction. This is your weekly #sustainability update! LinkedIn Posterity Institute COP29 Azerbaijan

Tomorrow! Prabhu Kunwar Singh (AVP, Growth and Partnerships) will be on an INECC panel discussion at COP29 Azerbaijan, discussing the role of decentralised renewables in building climate-resilient practices. Decentralised renewable energy can help create sustainable pathways for economic and social growth. But for that to happen, communities need to be able to access renewables, building true energy equity. The panel will delve into how decentralised energy solutions can bridge energy gaps sustainably, and outline strategies to scale these solutions. See you there! -- Priyadarshini Karve | Judit Szoleczky | Utpal Bhattacharjee | Clean Energy Access Network | INFORSE | Institute for Global Environmental Strategies (IGES) -- #greendigitalaction #cop29 #unclimatechangeconference #unfccc #climateaction #haqdarshak #socialimpact #opennetworks #development #tech #data #governmentschemes #empowerment #lastmiledelivery #partnership #csr #ngo #philanthropy #msme #yojanacard

🌍 𝗝𝗼𝗶𝗻 𝗨𝘀 𝗮𝘁 𝗖𝗢𝗣𝟮𝟵 𝘁𝗼 𝗦𝗵𝗮𝗽𝗲 𝗮 𝗣𝗲𝗼𝗽𝗹𝗲-𝗣𝗼𝘀𝗶𝘁𝗶𝘃𝗲 𝗘𝗻𝗲𝗿𝗴𝘆 𝗙𝘂𝘁𝘂𝗿𝗲!⚡ Are you attending #COP29 in Baku? Do you believe that the energy transition should accelerate decarbonisation while also empowering communities and advancing the UN Sustainable Development Goals (#SDGs)? #RGI and IUCN invite you to an in-person workshop focused on the People-Positive approach being developed for 🫚 #GINGR – Global Initiative for Nature, Grids and Renewables. This is your opportunity to co-create solutions that ensure renewable energy projects bring tangible benefits to local and vulnerable communities. 📅 Date: 21 November 2024 ⏰ Time: 10:00 – 11:00 AZT 📍 Location: COP29 Baku, Blue Zone, C4, #SDGPavilion 💻 Can’t attend in person? Join us via livestream! What You’ll Experience: 🔹 𝗜𝗻𝘁𝗲𝗿𝗮𝗰𝘁𝗶𝘃𝗲 𝗗𝗶𝘀𝗰𝘂𝘀𝘀𝗶𝗼𝗻𝘀: Engage in small group sessions exploring how renewable energy projects can positively impact communities, aligning with SDGs like Affordable and Clean Energy (SDG 7), Decent Work and Economic Growth (SDG 8), and Reduced Inequalities (SDG 10). 🔹 𝗗𝗶𝗿𝗲𝗰𝘁 𝗜𝗺𝗽𝗮𝗰𝘁: Your insights will shape GINGR’s framework, embedding community wellbeing and sustainability at the heart of the energy transition. 🔹 𝗖𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝘃𝗲 𝗡𝗲𝘁𝘄𝗼𝗿𝗸𝗶𝗻𝗴: Connect with grid operators, renewable energy developers, government representatives, NGOs, and community advocates dedicated to achieving the SDGs. Key Questions We’ll Explore: 💚 How can we involve and respect communities where renewable infrastructure is built? 💚 How can we achieve a just energy transition with sustainable, long-term benefits? 💚 How can we support local and vulnerable communities, especially those dependent on Don't miss this opportunity to get your voice heard for a just transition – join us in Baku or watch online! 👉 More info & livestream: https://lnkd.in/eMYznMS7 #COP29 #GINGR #PeoplePositive #EnergyTransition #CommunityEmpowerment #Sustainability #SDGPavilion

📈🔆At COP29 Azerbaijan, Polina Liubomirova, our Director of Business Development in Azerbaijan, shares our vision for a sustainable future that goes beyond investment figures. 🌿🏗️ Our mission is to deliver impactful projects that uplift communities, advance renewable technologies, and develop holistic solutions for lasting change. Watch the full video to lean more: https://lnkd.in/dzYCGaz3 #ACWAPower #Sustainability #Innovation #ACWAPowerAtCOP29

Africa's potential for sustainable energy could unlock a brighter future, yet millions remain in the dark. Join this event to discuss how renewable energy can power a just and equitable energy transition. Follow PACJACI in COP29 Azerbaijan for more updates. #KeepYourPromises #PacjaatCOP29 #COP29 #ClimateFinance #ClimateAction #ClimateJustice #NCQG #AdaptationFinance #EnergyAccess #CriticalMinerals #AfricaWeWant #SDGs #Agenda2063 #SDG2030

🌍 Day 5 at COP29: Advancing Clean Energy, Peace, and Resilience🌍 Today's focus at #COP29 was all about #energy #transformation and its connection to #global #stability and #resilience. From ambitious #green #energy initiatives to the operationalization of the Fund for #Lossanddamage, the day's discussions underscored the urgency of #clean and #equitable #energy solutions. Key partnerships were launched, including a new #renewable #energy initiative in Central Asia and a global #platform for #industrial #decarbonization. These actions are vital steps towards achieving a #sustainable #future that fosters both #climateaction and #peace.  https://lnkd.in/d3XxCqc7 #ClimateAction #CleanEnergy #Resilience #Sustainability #ClimateFinance UNDP Careers UNDP Zimbabwe UNDP UNICEF World Vision Zimbabwe International Renewable Energy Agency (IRENA) International News Media Association (INMA) ActionAid Zimbabwe CNRG Zimbabwe nonhlanhla lallah ngwenya

If COP 31 comes to Australia, Adelaide will emerge as the logical venue, given South Australia's status as a renewable energy "Superpower" globally. The region is on track to achieve periods of up to 100% renewable energy by next year, surpassing even "Green Denmark" by five years. Having attended COP 15 in Denmark with a VIP pass-through to the final day, South Australia considers hosting this global event an honour. If Australia secures COP 31, South Australia's initiative for the world's largest Green Hydrogen production facilities, led by the ALP Malinauskas State Government, will be nearing completion in Whyalla. This project will bolster the region's position as a leader in renewable energy. The Eyre Peninsula region has an abundant 2,400km stunning coastline and landmass comparable to the size of the United Kingdom. With high solar penetration levels and consistent wind resources, South Australia's new multi-billion dollar under-construction "Green Spine" 330kV transmission interconnector project will link Victoria and NSW, enhancing the National Grid's capacity. This development will facilitate cost-effective off-peak renewable energy utilization, particularly for Green Hydrogen production, Green Ammonia, and Green Methanol. These alternatives have the potential to save Australia approximately $11bn annually in imported diesel fuel costs, benefitting key sectors like Mining, Transportation, and Farming. Additionally, the green hydrogen production facilities in Whyalla could offer a sustainable solution for the Fertiliser industry, reducing the need for imported products worth over $8bn. Whyalla is destined to become the epicentre of sustainability in the world. It's the gateway city for the Eyre Peninsula, with over 2,400km of stunning coastline and a landmass greater than the whole of the United Kingdom. Whyalla is where the Sea meets the Outback of South Australia, a place where time began. #SouthAustralia #RenewableEnergy #Innovation #Whyalla #Superpower #GreenHydrogen #GreenSteel #Sustainability #Harropfactor #Placemaker #SocialResponsibility

At the #UNEZA CEO meeting held within the COP29 Azerbaijan framework, we had the opportunity to reflect on the progress made since its launch at COP28 UAE, exactly one year ago, and I would like to extend my gratitude to the Utilities for Net Zero Alliance (UNEZA), its co-chairs TAQA Group and  SSE Renewables, the Secretariat led by the International Renewable Energy Agency (IRENA), and all our ecosystem partners for organizing this important discussion. Utilities play a pivotal role in powering not only our cities and industries but also the global transition away from fossil fuels. The goals set in the #UAEConsensus — tripling renewable energy capacity and doubling the rate of energy efficiency improvements by 2030—cannot be achieved without bold leadership from utilities and sound investment strategies To realize this vision, we must accelerate the development of large-scale grid infrastructure. Without resilient, flexible, and reliable grids, our ambitions for renewable energy and resilient energy systems will falter. Achieving these goals requires the collective efforts of both public and private sectors. Regulatory bottlenecks, financing gaps, and aging infrastructure must be addressed through collaborative action. UNEZA was launched at COP28 UAE with the 2030 Breakthroughs and the Sharm El Sheikh Adaptation Agenda energy outcomes at its core. It is a unique platform, bringing together utilities and partners committed to a sustainable, resilient, and just energy future. The scale of investment required to build the grid infrastructure of the future is immense, but at #ClimateWeekNYC, UNEZA members announced their readiness to meet this challenge, setting clear targets to achieve the tripling and doubling targets outlined in the UAE Consensus at COP28. Now, it is time to implement these targets, and I trust that UNEZA will continue to lead this transformation in the energy sector, driving change towards 2030 and beyond. #ClimateAction #EnergyTransition #NetZero #Sustainability #UAEConsensus #COP28 #COP29

🌍 Last week's insight from Day 4 Sustainable Energy Week: "Towards COP29 and SPECA Forum 2024: Accelerating Energy Transition in South-Eastern and Eastern Europe, the Caucasus, and Central Asia." During this session, Member States and stakeholders outlined the pressing need for accelerated energy transition in the region. UNECE plays a critical role in enabling these efforts, emphasizing collaboration, innovation, and inclusivity. Key outcomes from the discussion: - Driving Decarbonization and Green Finance  - UNECE is supporting the development of national energy plans and promoting cross-border partnerships for a comprehensive approach.  - Mobilizing green finance and leveraging innovative investment mechanisms are central to scaling renewable energy technologies. - Building Modern, Resilient Energy Systems - Emphasizing the importance of smart infrastructure and AI to modernize energy systems for a sustainable future.  - UNECE fosters capacity-building to ensure all regions can effectively transition to low-carbon solutions. - Ensuring a Just and Inclusive Transition - Focused efforts on reskilling impacted by the energy transition and vulnerable communities to secure intergenerational equity.   UNECE is committed to ensuring that no one is left behind in the shift to a clean energy future. - Strengthening Regional Cooperation - Building cross-border energy infrastructure and fostering cooperation is key to securing resilient and sustainable energy systems in the region. This dialogue clarified that collaborative efforts are crucial to ensuring the energy transition is equitable, sustainable, and resilient for all. #EnergyTransition #GreenFinance #JustTransition #RenewableEnergy #Decarbonization #SustainableDevelopment #UNECE #RegionalCooperation #CapacityBuilding #SPECA #COP29