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Second Baku Forum on Sustainable Finance and Investments takes place


Second Baku Forum on Sustainable Finance and Investments takes place

The second Baku Forum on Sustainable Finance and Investments, organized by the National Coordinating Council for Sustainable Development of the Republic of Azerbaijan, the Ministry of Economy and the UN Development Program office in Azerbaijan, started on November 15, the Ministry of Economy of Azerbaijan told.

The moderator of the event, TRT World journalist Maria Ramos, expressed satisfaction with the holding of the forum in Baku. She noted that representatives of various countries and international organizations are taking part in the event.

Deputy Prime Minister of the Republic of Azerbaijan and Chairman of the National Coordinating Council for Sustainable Development Ali Akhmedov regarded the holding of the second Baku Forum on Sustainable Development as a significant event.

In addition, the deputy prime minister stressed that the implementation of the Sustainable Development Goals (SDGs) reflected in the "Transforming Our World: The Agenda for Sustainable Development for the Period Up to 2030" document is among the priorities of the Azerbaijani government.

Azerbaijan is one of the few countries that voluntarily submitted three national reports to the UN High-Level Political Forum. The next report is scheduled to be submitted in 2024. The republic's development programs are adapted to the SDGs, which simplifies the financing of the implementation of these global goals.

Moreover, the forum reviewed the measures being implemented in Azerbaijan to develop inclusive education, combat climate change, and ensure sustainable and social development. Ali Akhmedov noted the importance of accelerating the measures being implemented to achieve the SDGs in the next seven years and the importance of regional cooperation in this area.

Minister of Economy and Deputy Chairman of the National Coordinating Council for Sustainable Development Mikayil Jabbarov noted that the main recommendations for achieving the SDGs include accelerating the transition to renewable energy sources, expanding the reach of digitalization, building a society based on the principle of continuous learning, providing people with decent work and improving social security, opening jobs, especially in areas of the green and digital economy, and fighting against climate change.

 

 

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