Ajerbaijan is committed to making a smooth energy transition to cut its emissions and says its efforts have influenced the decision to host COP29 in the country. So says Economy Minister Mikayil Jabbarov in an exclusive interview with CGTN.
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00:00 We have been investing systemically, both institutionally and also in terms of economic
00:06 policies and infrastructure in ensuring a smooth energy transition.
00:11 According to our national goals, by 2030, 30 percent of our energy demand will need to be
00:20 covered from renewable sources. We are well ahead of that plan. We are open for cooperation
00:30 with investors and because Azerbaijan is a traditional energy producer, we have a good
00:39 array, both of international energy companies active and investing in renewable projects in
00:44 Azerbaijan, but also national champions.