AmCham Executive Director Ms. Gulnara Aslanbayli participated at the 2023 United Nations Climate Change Conference (COP28)

On December 4, 2023, Executive Director of American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan) Ms. Gulnara Aslanbayli participated at the 2023 United Nations Climate Change Conference (COP28)

This pivotal event represents the 28th meeting of the Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC). Being an annual gathering, COP serves as the preeminent multilateral decision-making forum on climate change, boasting near-universal representation from countries worldwide.

COP stands as the global stage where nations converge to negotiate and adopt measures addressing the urgent climate crisis. Key objectives include limiting global temperature rise to 1.5 degrees Celsius, aiding vulnerable communities in adapting to climate change impacts, and achieving net-zero emissions by 2050.

Ms. Aslanbayli was invited by AmCham member company and partner of the event- "Sustainera Solutions”. This event, with the theme of" Practices to strengthen financing for climate transition through public and private interventions", underscores the importance of collaboration between public and private sectors in addressing climate challenges.

AmCham Azerbaijan, recognizing the private sector as a crucial driver of sustainable development, actively encourages its members to embrace Environmental, Social, and Governance (ESG) principles. This commitment aims to help Azerbaijan leverage unique experiences and contribute to a future that is both environmentally conscious and economically vibrant.

Ms. Aslanbayli's participation adds a significant dimension to the event, bringing valuable insights and expertise to the discourse on the intersection of public and private interventions in climate financing. The focus remains on combating climate change and nurturing a more sustainable global economy.

Ms. Aslanbayli emphasized AmCham’s recommendation to the government which were included in the 2023 edition of its by Annual Policy Paper known as The White Paper. The recommendations were dedicated to the transition to circular economy, transition to Green Transportation, Implementation of ESG Principles. 

Within the framework of this highly productive visit, United Nations Climate Change Conference (COP28) was a great success, building inspiration, and motivation to strengthen international relations and promote innovation within the business environment. In addition, Azerbaijan was confirmed as the Host of COP29 in 2024.

Date
4 December 2023
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