Rena Gafarova expressed her views on business relations of COP29

Economy 10:00 05.07.2024

Rena Gafarova, executive director of the "Karvan-L" group of companies and founder of Africa-Azerbaijan Cooperation LLC, recently emphasized the importance of providing ecological clean products year-round. In her statement to Ednews, she highlighted several key initiatives and priorities aligned with Azerbaijan's economic and environmental goals.

"The transition to a 'green economy' and becoming a supplier of 'green energy' are among the priorities of economic policy of the Republic of Azerbaijan," said Gafarova. "By the Decree of the President of the Republic of Azerbaijan Ilham Aliyev, 2024 was declared the 'Green World Solidarity Year' in Azerbaijan. In November of this year, COP29 will be held in Azerbaijan."

Gafarova pointed out the increasing pollution and waste levels worldwide, emphasizing the importance of such initiatives. "The climate and nature in which we live are being polluted day by day, the amount of waste is increasing, and all the world is deprived of oxygen and cleanliness. During COP29, Baku will become the center of the world and everyone will be interested in this conference. Of course, it will give positive contributions to economic, political, and tourism sectors of the country. More guests will visit our country during and after the event. I guess that the economy and tourism sectors will increase in Azerbaijan."

Gafarova also highlighted the significance of applying ecological, social, and corporate governance (ESG) principles. "Application of ecological, social, and corporate governance principles is considered a positive factor for business as well as contributing to the transition to a 'green economy'. ESG (Environmental, Social and Governance) means environmental, social and corporate governance. In general, ESG is a set of criteria and guiding ideas that assess the impact of business on the environment and society, as well as how transparent and reliable the business operates."

Supporting the United Nations Sustainable Development Goals (SDGs) in Azerbaijan, particularly Goal 12, which focuses on sustainable production and consumption, Gafarova stressed the importance of resource and energy efficiency, sustainable infrastructure, and improved quality of life. "Recycling the plastic materials in the industry is related to the XII Sustainable Development Goal of the UNO. This goal is aimed to provide sustainable consumption and production samples and recycling the plastic materials is the core aspect for reducing the waste, promoting the resource efficiency and promoting the sustainable industrial processes."

For the past 15 years, "Karvan-L" group has been actively engaged in corporate social responsibility. "Waste management, plastic waste, parts of metal and metal waste, polyethylene, tree and waste, car tyres, electrical wires which have been expired, as well as technical pipes of polyethylene waste are recycled in our company. By turning the waste into finished product, we both keep the ecology clean and create job sites."

Gafarova also mentioned their efforts in organic food production. "According to the XII goal, our company is one of the companies growing the first organic food in Azerbaijan by establishing the first private industrial park 'Karvan-L Eko' producing the tomato since 2015. It grows the tomato in an organic condition in the greenhouse and in the frame of rules adopted in this field. The main goal is to provide people with ecological clean product along the whole year."

IEPF issued a statement regarding Azerbaijani children at the UN Human Rights Council

News line

Azerbaijani oil price falls below $64
12:36 02.05.2025
Changes are coming: the UN is preparing a large-scale reform of the global architecture
12:31 02.05.2025
UNDP ceases operations in Azerbaijan
12:23 02.05.2025
Azerbaijan drafting a new state program to ensure food security
12:18 02.05.2025
Preparations for the signing of a Memorandum of Understanding between Azerbaijan and Nepal
12:11 02.05.2025
Apple faces $900 million in losses due to Trump's trade war
12:03 02.05.2025
The Strangest Place on Earth Discovered
11:58 02.05.2025
Scientists have discovered what makes you itch
11:54 02.05.2025
Agricultural innovations yield results in Azerbaijan
11:43 02.05.2025
Mysterious disappearance in the Amazon sky: a plane with passengers disappeared in Bolivia
11:38 02.05.2025
Washington's role in Armenia-Azerbaijan peace talks: progress and prospects
11:26 02.05.2025
Iran, Azerbaijan can jointly promote initiatives
11:21 02.05.2025
Azerbaijan aims to expand participation in carbon markets
11:19 02.05.2025
Secretary General of Communist Party of Vietnam to visit Azerbaijan
11:11 02.05.2025
Leyla Aliyeva attends “Only Culture” musical and artistic program
11:09 02.05.2025
Leyla Aliyeva and Arzu Aliyeva visit Polad Hashimov's home
10:56 02.05.2025
Uzbekistan, Japan,,Azerbaijan strengthen friendly relations and cooperation
10:43 02.05.2025
Heydar Aliyev's abolition of censorship in Azerbaijan created conditions for the expansion of pluralism
10:38 02.05.2025
Film titled 'Khojaly. The Last Wedding...' to be aired
10:36 02.05.2025
President's Cup-2025 regatta to conclude in Azerbaijan's Mingachevir
10:31 02.05.2025
Artificial intelligence has managed to crack passwords with the help of powerful processors
10:26 02.05.2025
Skype platform is being discontinued
10:19 02.05.2025
Leyla and Arzu Aliyeva participated in a tree-planting campaign in Sumgayit
10:11 02.05.2025
'The Social Processes in the Context of Media' forum held in Baku
10:04 02.05.2025
Trump announced the May 11 date on November 8th
10:04 02.05.2025
Mass grave discovered in Khojaly
12:15 01.05.2025
Pentagon threatens Iran over its support for Houthis
12:10 01.05.2025
Trainings on "New Trends in Strategic and Crisis Communication" conclude
12:05 01.05.2025
Azerbaijani Parliament approves accelerated digital transmission of guardianship
12:02 01.05.2025
Trial of Armenians accused of war crimes underway
11:54 01.05.2025
A memorandum was signed between the Multiculturalism Center and ICESCO
11:50 01.05.2025
"Crocodile Eye" and "The Twist" - Amazing Photos of Rare Spiral Galaxies Captured
11:42 01.05.2025
Baku branch of the National Bank of Iran resumes operations
11:38 01.05.2025
Azerbaijan and Iran discuss launch of direct Tabriz-Baku-Tabriz flight
11:32 01.05.2025
In the first quarter, Azerbaijan exported $450 million worth of non-oil products to Russia, Turkey, and Georgia
11:26 01.05.2025
The Milli Majlis has approved the appointment of Kamran Aliyev as Prosecutor General
11:22 01.05.2025
Preparation of design for the construction of liberated villages of Gazakh has begun
11:15 01.05.2025
Azerbaijan-Africa cooperation is expanding: new partnerships and international forums
11:11 01.05.2025
The 7th meeting of the Azerbaijan-Great Britain Intergovernmental Commission was held
11:05 01.05.2025
Azerbaijan’s Combined Arms Army holds command-staff exercise
11:02 01.05.2025
Hamısı