BAKU: To make the Middle Corridor more ‘green’ will require significant efforts from both the operational council and the government, the Manager of the World Bank’s office in Azerbaijan Stefanie Stallmeister said during panel discussions at an international conference within the framework of the Climate Action Week in Baku, Trend reports .
‘One of these areas, for example, should be investment and development in low, zero, or clean emission fuel production. I believe this will be of key importance. In addition, there will need to be investment in the development of electric batteries and hydrogen fuel cells. There will also need to be significant funding for fuel storage infrastructure, which does not currently exist,’ Stallmeister said.
The Climate Action Week runs from September 30 through October 4, 2024, and is being held in Baku for the first time.
The event will form the basis of the climate agenda ahead of COP29 in Baku in November.
The Climate Action Week brings together key stakeholders from a r
ange of fields such as politics, finance, trade, investment, science, arts, culture, civil society, and media.
The first half of the week (September 30-October 2) focuses on climate solutions involving government agencies, academia, and the private sector. The second half (October 3-4) will focus on science, education, arts, culture, and other sectors.
Within the framework of Climate Week, many events are organized in different parts of the city.
Source: Trend News Agency