I would like to express gratitude to the Asian Development Bank (ADB) for its decision to allocate a grant of $225,000 to support consulting services for the ‘green corridor’ project, including preparation of a feasibility study and assistance in launching a joint venture.
Azerbaijani Energy Minister Parviz Shahbazov said this during the Ministerial Dialogue on the promotion of energy transition based on renewable energy sources in Central Asia, Trend reports.
‘Just two days ago, an intergovernmental agreement on strategic partnership in the field of development and transmission of green energy between Azerbaijan, Kazakhstan and Uzbekistan was signed at the highest level within COP29,’ he said. The minister noted that a document was also signed to enshrine the role of Saudi Arabia as a key partner in this trilateral project. This event is an important strategic step that will give a significant impetus to international energy co-operation and environmental investments to transform the region into a single geo-economic space with a focus on creating and strengthening strategic partnerships between countries.