Rachel Dignam Urges Simplification of Sustainability Reports for SMEs.

Brussels: Rachel Dignam, Director of EU and International Affairs at Sage, has called on governments and financial institutions to simplify sustainability reports, highlighting the growing need for accessible green finance options tailored for small and midsize enterprises (SMEs). According to Azeri-Press News Agency, Dignam stated that 73% of financial institutions currently offer green bonds and … Read more

Summit of Space Agency Leaders Held at COP29.

Baku: On November 16, Azercosmos, the Space Agency of the Republic of Azerbaijan, hosted the Summit of Space Agency Leaders within the framework of COP29. The summit, held on the “Science, Technology, and Innovation Day” of COP29, was dedicated to the theme “Space challenges in the fight against climate change: Summit of Space Leaders”, APA … Read more

Impact of Climate Change Discussed Within Parliamentary Meeting at COP29.

Baku: Panel discussions on “Understanding the impact of climate change” were held within the framework of the Parliamentary Meeting jointly organized by the Inter-Parliamentary Union and the Milli Majlis (Parliament) of the Republic of Azerbaijan during COP29, APA reports. The discussions aimed to deepen understanding among global parliamentarians on the urgent issues related to climate … Read more

Deputy Ecology Minister Highlights Rising Heatwaves and Floods in Azerbaijan.

Baku: Azerbaijan faced unprecedented floods, according to Deputy Minister of Ecology and Natural Resources of Azerbaijan, Umayra Taghiyeva. She addressed this issue at a High-level event on Strengthening Climate Information and Multi-Hazard Early Warning Systems for Increased Resilience, which was held in Baku as part of COP29. According to Azeri-Press News Agency, Taghiyeva revealed that … Read more

“Diamond Arm” Star Svetlana Svetlichnaya Passes Away.

Moscow: Russia’s Honored Artist, actress Svetlana Svetlichnaya, has passed away at the age of 84. Svetlichnaya gained widespread recognition for her role as Anna Sergeyeva in the film “Diamond Arm.” According to Azeri-Press News Agency, Svetlichnaya’s contributions to the film industry were significant, and her talent was acknowledged through her title as Honored Artist of … Read more

Azerbaijan Sees 5% Economic Growth Amidst Rising GDP and Sectoral Contributions.

Baku: Azerbaijan’s economy witnessed a growth of 5% in the first ten months of 2024, with the country producing AZN 103 billion 495.8 million in Gross Domestic Product (GDP). This marks a 4.9% increase compared to the same period last year. According to Azeri-Press News Agency, the State Statistics Committee highlighted that the value added … Read more

Annual Inflation in Azerbaijan Reaches 3.4%.

Baku: Annual inflation in Azerbaijan has been recorded at 3.4% as of October 2024. In the same month, the consumer price index showed a 3.4% increase compared to October 2023. Food products, beverages, and tobacco products contributed to this rise with an increase of 2.6%, while non-food products saw a 2.1% rise. Paid services rendered … Read more

State Statistical Committee Reports Increase in Average Monthly Salary in Azerbaijan.

Baku: As of October 1st this year, the number of salaried employees in the country’s economy was 1,768.3 thousand people, with 880.3 thousand working in the public sector and 888.0 thousand in the private sector, State Statistical Committee told APA-Economics. According to Azeri-Press News Agency, of the salaried workers, 18.8% were employed in trade; vehicle … Read more