Green Economy Scoping Study: Azerbaijan
As part of its Green Economy work, UNEP is conducting Green Economy scoping studies for a number of countries.
IISD (Jason Dion, Philip Gass and David Sawyer) contributed to the underlying analysis and recommendations of a study that looked at the possibility of shifting to a Green Economy in Azerbaijan. This work included considering the macroeconomic profile of the country and the overarching challenges it faces, looking at the existing policy landscape in the country, and analyzing particular sectors. The sectors of energy production, agriculture and transportation were determined to be of particular importance to the country, and recommendations for each of these three sectors—as well as recommendations to create strong enabling conditions for their success—are provided. These recommendations included:
Energy:
- Increase efficiency and renewable energy capacity
- Provide subsidy and incentive reform in energy production
- Facilitate transition away from fossil fuels
Agriculture:
- Promote stronger supply chains
- Enhance public-private partnerships with agri-business
- Promote education and capacity building
- Enforce stronger regulation on agricultural inputs and outputs
Transport:
- Increase investment in public transit options
- Enhance regulatory oversight
- Promote investment in clean vehicle technology
Recommendations around enabling conditions included development of public procurement plans, the creation of strong regulatory systems, subsidy and fiscal instrument reform and attracting global financing.
You might also be interested in
COP 29 Outcome Moves Needle on Finance
In the last hours of negotiations, concerted pressure from the most vulnerable developing countries resulted in an improved outcome on the finance target, with a decision to set a goal of at least USD 300 billion per year by 2035 for developing countries to advance their climate action.
The Strait of Hormuz Crisis Emphasizes Why Canada Should Move Away From Oil and Gas—Not Expand It
The closure of the Strait of Hormuz cut off roughly 25% of the world’s seaborne oil and 20% of LNG trade. In response, many countries are diversifying supply chains and increasingly ramping up domestic renewable capacity to improve energy security. Meanwhile, the Government of Canada has taken steps to expand oil and gas production.
Managing Energy Price Crises
This report outlines a strategic decision framework policy-makers can use when responding to fossil fuel price shocks.
Removing a Fossil Fuel Subsidy Is a Means, Not an End—The transition is the point
COFFIS is an international coalition working to phase out fossil fuel subsidies. Kim Solberg, part of the team that founded COFFIS, sits down to explain what made it possible—and why, in her view, a subsidy can only be removed as part of the wider transition it's meant to serve.