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

Azerbaijan Showcases Literary Heritage at Beijing International Book Fair
17:00 18.06.2025
Minsk Hosts Public Discussion on Return to Western Azerbaijan
16:55 18.06.2025
German Foreign Minister Urges Iran to Make Concessions, Supports Israel’s Concerns
16:41 18.06.2025
Explosions Rock Eastern Tehran Amid Escalating Israel-Iran Tensions
15:38 18.06.2025
Türkiye’s Strategic Role in the Turkic World Genci Muçaj
15:10 18.06.2025
Khamenei: Iran Will Emerge Victorious in Conflict With Israel
13:51 18.06.2025
Mobilization Against Peace: Armenia's Return to a Radical Past
17:01 17.06.2025
Israel prepares more complex operation against Iran
13:50 17.06.2025
Armenia and India discuss evacuation of Indian students from Iran
12:01 17.06.2025
Navies of Azerbaijan, Kazakhstan start joint exercises
11:58 17.06.2025
Azerbaijan Mine Action Agency: 1,258 hectares cleared of mines last week
11:53 17.06.2025
More than 600 citizens of 17 countries evacuated from Iran via Azerbaijan
11:44 17.06.2025
IEA: Azerbaijan falls short of OPEC+ quota by 0.08 million b/d in May
11:41 17.06.2025
Iran attacks military sites in Tel Aviv, Haifa with 'new weapon' and drones
11:37 17.06.2025
Foreign diplomats briefed on addressing IDP issues in Azerbaijan
11:33 17.06.2025
Israeli-linked hackers claim to have hacked Iran's Bank Sepah
11:29 17.06.2025
Turkic states' investment promotion platform launched
10:53 17.06.2025
Israel strengthens borders with Egypt and Jordan, some troops withdrawn from Gaza
15:16 16.06.2025
Israel says it has full control of Tehran's airspace
15:11 16.06.2025
Poland plans to evacuate its citizens in Israel via Jordan
15:07 16.06.2025
10 Tajik citizens evacuated from Iran via Azerbaijan
13:58 16.06.2025
Erdogan and Pezeshkian spoke by phone, discussing Turkey's mediation
13:52 16.06.2025
Some AZAL flights scheduled for today have been canceled, while others have been suspended until the end of the month
13:35 16.06.2025
Erdogan and Putin discussed the Israel Iran conflict
13:17 16.06.2025
Azerbaijani and Uzbek Foreign Ministers discuss security issues in the region J
13:03 16.06.2025
Presentation of books dedicated to the cultural heritage of Azerbaijan held in Paris
12:48 16.06.2025
Kremlin: Russia has handed over more than 6000 bodies to Ukraine
12:27 16.06.2025
It is still unclear what exactly the European Union wants
14:15 14.06.2025
The Caspian Sea is not a dividing, but a unifying factor.
14:02 14.06.2025
Trump and Zelensky Will Not Meet at NATO Summit Due to Risk of Conflict
12:04 14.06.2025
Fitch affirms Azerbaijan's investment grade, raises country ceiling to 'BBB'
10:46 14.06.2025
Safety of all passengers, including Russian citizens of Armenian origin, ensured at Baku airport - EXCLUSIVE
06:41 14.06.2025
Two dead, 21 injured in Iran's fourth wave of attacks on Israel
06:36 14.06.2025
Israel Temporarily Closes All Diplomatic Missions Worldwide
16:00 13.06.2025
Turkish Foreign Ministry condemns Israeli airstrikes on Iran
11:37 13.06.2025
Milli Majlis congratulates Azerbaijani president and first lady on National Salvation Day
11:35 13.06.2025
Over 10 int'l flights selected Heydar Aliyev International Airport as alternate aerodrome
10:30 13.06.2025
Media: Israel begins interception of Iranian drones
10:24 13.06.2025
Emirates cancels several flights to Jordan, Iraq, Iran and Lebanon
10:20 13.06.2025
Jordan shoots down several missiles and drones in its airspace
09:16 13.06.2025
Hamısı