In a pivotal moment leading up to COP29, the State Oil Company of Azerbaijan (SOCAR) is poised to play a proactive role in shaping the global climate agenda. With a commitment to fostering collaboration among national and international oil companies, SOCAR plans to host influential events and panels aimed at advancing climate mitigation efforts. Afgan Isayev, Vice President of SOCAR, emphasized the company’s strategic partnerships and ambitious projects designed to secure a sustainable future for generations to come. These initiatives include substantial investments in renewable energy, such as solar and wind projects, alongside pioneering ventures in offshore wind energy for green hydrogen production. Looking ahead to 2035, SOCAR envisions a transformative journey from a traditional oil and gas entity to a diversified energy leader, aligning its emissions profile with global industry standards to underscore its dedication to decarbonization. As SOCAR prepares to showcase its forward-thinking initiatives at COP29, its commitment signals a pivotal moment in the global energy landscape.
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