13/11/2024
09:08
Economic
“Georgia is committed to the global energy transition and reducing emissions,” - the Georgian Prime Minister Irakli Kobakhidze said at the roundtable discussion on Energy: Advancing Climate Mitigation Action within the framework of the 29th United Nations Climate Change Conference (COP29) in Baku, Azerbaijan.
According to the PM, at COP29, Georgia aims to reinforce its energy and climate commitments.
“We will reaffirm our Nationally Determined Contributions (NDCs) and outline actions from our Integrated National Energy and Climate Plan (NECP), including goals for a 27.4% renewable energy share, a 47% reduction in greenhouse gas emissions from 1990 levels, and improved energy efficiency by 2030.
For developing countries like Georgia, COP29 will provide essential support, with expected access to technical and financial resources from partners such as the World Bank. This will help accelerate our renewable projects, support capacity building, and enable carbon pricing alignment with EU standards. Through these efforts, Georgia is committed to the global energy transition and reducing emissions,” - Irakli Kobakhidze said.
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