Key outcomes of COP29 discussed in Ashgabat
10:32 07.02.2025 2856
A briefing was held in Ashgabat, during which the Ambassador of Azerbaijan to Turkmenistan Gismet Gezalov presented the outcomes of COP29 - the UN Climate Change Conference held in Baku in November 2024.
As noted, COP29 focused on climate finance. Conference participants decided to triple the previous funding target, increasing it to $300 billion per year for developing countries by 2035.
Azerbaijan has led adaptation efforts by developing the Baku Adaptation Roadmap in support of the Global Adaptation Goal. COP29 completed work on the implementation of the Loss and Damage Compensation Fund, which will provide financial support to countries affected by climate disasters. One of the key results of COP29 was the successful completion of lengthy negotiations on Article 6.4 of the Paris Agreement aimed at creating reliable and transparent carbon markets.
COP29 contributed to strengthening the commitment of Central Asian countries to the principles of green energy and sustainable development.
Several global projects were initiated within the framework of COP29, held under the chairmanship of Azerbaijan, including the Baku Climate Finance Initiative, the COP29 Climate and Peace Initiative, and the United Territories Partnership for a Green Economy.
Ambassador Gezalov emphasized that Turkmenistan officially assumed the chairmanship of SPECA for 2025, presenting its concept and initiatives. This was reported by the International Information Center of Turkmenistan.
Serdar Berdimuhamedov approved the draft of the “Program for the socio-economic development of Turkmenistan and investments in 2025”
President Serdar Berdimuhamedov approved the draft of the "Program for the socio-economic development of Turkmenistan and investments in 2025". Vice-Chairman of the Cabinet of Ministers Hojamyrat Geldimyradov reported on the preparation of the draft of this Program at a government meeting on January 24, TDH reports .
International transport conference in Ashgabat will bring together representatives of more than 170 foreign companies
Next Monday, Ashgabat will host an international conference dedicated to the restoration of transport and transit corridors to strengthen regional and interregional interconnections and development. More than 400 delegates have registered to participate in the conference, according to a press release from Turkmen Forum, which is the co-organizer of the forum.
Uzbekistan is interested in the supply of electricity, gas and oil products from Turkmenistan
President of Turkmenistan Serdar Berdimuhamedov is on a two-day state visit to Uzbekistan on July 14-15 at the invitation of President Shavkat Mirziyoyev, the State News Agency of Turkmenistan reports. On Thursday, top-level talks were held in narrow and expanded formats with the participation of government delegations of the two countries.
Trade turnover between Turkmenistan and Uzbekistan in 2021 reached 902 million US dollars, - Shavkat Mirziyoyev
In recent years, the trade turnover between Uzbekistan and Turkmenistan has grown 5 times, reaching $902 million last year. This was stated by the President of Uzbekistan Shavkat Mirziyoyev following a meeting with his Turkmen counterpart Serdar Berdimuhamedov in Tashkent, according to the video of the information program "Watan" of the Turkmen television.
SC “Turkmengas” and BOTAŞ discussed prospects for cooperation in the gas sector
Last week, the management of the State Concern “Turkmengas” held a meeting with a delegation of the Turkish company BOTAŞ, headed by General Director Abdulvahit Fidan. During the meeting, the current bilateral relations and prospects for their further development were discussed.