Nigar Arpadarai

A cooperation agreement has been signed between the #BusinessDevelopmentBank, the implementation group for the "Modernization of the National Innovation System of Uzbekistan" project under the Ministry of Higher Education, Science, and Innovation of the Republic of Uzbekistan (#MUNIS) and the #EurasianTechnologicalUniversity. Under this agreement, the parties will collaborate on projects aimed at developing new or improved products, services, and processes for small and medium-sized enterprises (SMEs) operating in domestic, regional, and global markets. This is part of the #InnovativeCapabilityProgram, which is planned to be implemented in our republic with the participation of the #WorldBank. https://lnkd.in/dgTBKMm4 #BDB #cooperation #agreement #SME

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Oil & Gas Uzbekistan - OGU Power.Uzbekistan Iteca Exhibitions ICA Events #uzbekistanenergyweek #uzbekistanenergyforum2024 John Defterios TRANSFORMATIVE CHANGES FOR SAFER FUTURE ENERGY 14-16 May 2024 Tashkent Uzbekistan

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Oil & Gas Uzbekistan - OGU Power.Uzbekistan Iteca Exhibitions ICA Events #uzbekistanenergyweek #uzbekistanenergyforum2024 TRANSFORMATIVE CHANGES FOR SAFER FUTURE ENERGY 14-16 May 2024 Tashkent Uzbekistan

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I was really pleased to take part in this year’s Qazak Green Fest, organised by the Qazaq Green Association. They get a really great group of energy professionals together, from government, regulatory bodies, ‘traditional’ power generators and renewable energy companies. There are many big challenges to face and in my opening remarks I spoke about some of the lessons the UK has learned and the approaches we have taken as we decarbonised faster than any other G7 country. The share of renewables in our power generation has gone from 7% in 2010 to almost 50% today. Two key policy elements to make our system more resilient have been: - to develop 10GW of high voltage interconnectors with France, the Netherlands, Belgium, Northern Ireland, Ireland, Norway and Denmark to allow ‘balancing’ and to enable us to buy electricity if we need it at the best price. We are also now undertaking our biggest grid modernisation in decades. - as well as big top-down projects in offshore wind, where we have 7 of the 10 largest wind farms in the world, we have also strongly encouraged ‘bottom up’ microgrids and renewables. I gave the example of the Orkney Islands, a community of 22k people across 20 islands 16km from the Scottish mainland, who are now 100% self-sufficient in renewable energy from wind and tidal power, and are generating green hydrogen to power the ferry to the mainland. For Kazakhstan, with many small and isolated communities in villages across their continent-sized country, small scale renewables may be a better solution. I also mentioned the importance of looking at energy and water together, not just in terms of big hydro projects, but also in terms of resource efficiency, a crucial element in cutting emissions. I gave the example of Shymkent water utility, which over 15 years has used EBRD loans to upgrade its technology, move to 100% metering for water use, and has cut per capita water use to about 1/4 of what it was. It also generates 60% of its own electricity from biogas and treats 100% of its waste water, which is then used to irrigate 21 km2 of agricultural land. It has reduced GHG emissions by 89%. A brilliant example!

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We are pleased to share a significant development in the realm of international cooperation. During the recent state visit of the President of the Republic of Uzbekistan to Turkey, a pivotal moment unfolded under the auspices of the third meeting of the High-Level Strategic Cooperation Council, chaired by the Presidents of both Uzbekistan and Turkey. In this gathering, the Academy of Public Administration under the President of the Republic of Uzbekistan and the Human Resources Office under the President of Turkey signed a Protocol on Cooperation. This agreement marks the beginning of close collaboration between our esteemed institutions. It is a profound of meaning for the Academy to establish these ties of cooperation during a state visit. We hold high hopes that this partnership will be fostering mutual growth and development with our partners in Turkey. #Uzbekistan #Turkey #InternationalCooperation #PublicAdministration #StrategicPartnership #Diplomacy

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Uzbekistan proposes Turkic Environmental Council at Organization of Turkic States Summit President Mirziyoyev emphasized the need for coordinated efforts among OTS member states during the Shusha summit, suggesting Nukus as the council’s headquarters. He also highlighted the upcoming COP-29 summit in Baku and pledged Uzbekistan’s active support for Azerbaijan. Details — https://lnkd.in/dAaRpY9C #Uzbekistan #OTSSummit #TurkicStates #EnvironmentalCouncil #ClimateAction #ShushaSummit #Nukus #COP29 #BakuSummit #Mirziyoyev #RegionalCooperation #Sustainability #ClimateChange #GreenInitiatives #SupportForAzerbaijan

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Five Interesting Facts About Uzbekistan’s Economy, Politics, and Development 1. Economic Growth: Uzbekistan’s economy has been growing at an impressive rate, with a GDP growth of 5.6% in 2022. The country has seen significant investments in infrastructure and key industries such as agriculture and textiles, contributing to its robust economic performance. 2. Political Reforms: Since 2016, Uzbekistan has been undergoing substantial political reforms under President Shavkat Mirziyoyev. These reforms include efforts to improve human rights, reduce corruption, and create a more transparent governance system, leading to increased international cooperation and investment. 3. Strategic Location: Uzbekistan is strategically positioned at the crossroads of Central Asia, making it a vital hub for trade and commerce. The government has been working on enhancing connectivity through projects like the Trans-Caspian International Transport Route, boosting trade relations with Europe, China, and other neighboring countries. 4. Tourism Development: Uzbekistan welcomed over 6 million tourists in 2022, reflecting its growing appeal as a travel destination. The government has been investing heavily in tourism infrastructure, aiming to double the number of international visitors by 2025, which will significantly contribute to the national economy. 5. Innovative Projects: Uzbekistan is making strides in renewable energy, with a goal to generate 25% of its electricity from renewable sources by 2030. Additionally, digital transformation initiatives are underway, including the launch of the "Digital Uzbekistan 2030" strategy, which focuses on expanding digital services and improving ICT infrastructure. Check out my latest video capturing my journey from the airport to the hotel, showcasing the modern infrastructure and vibrant atmosphere of Uzbekistan! 🎥✨

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President's attended Petersberg Climate Dialogue sets clear directions for COP29 Germany is one of the most important political and economic partners of #Azerbaijan in #Europe. Azerbaijan attaches great importance to the development of relations with this country. The results of the first official visit of the President of the Republic of Azerbaijan Ilham Aliyev to #Germany in 2004 once again confirmed the greater potential for cooperation between the two countries. A number of agreements signed within the framework of the visit opened great opportunities in terms of economic cooperation. For example, the supply of Azerbaijani oil to Germany is one of the main pillars of the total trade volume. Thus, in 2022, Germany entered the list of 10 main importers of #Azerbaijani oil. It is worth noting that there are currently 239 registered #German companies in #Azerbaijan. Approximately 170 of those organizations operating in the fields of energy, industry, agriculture, transport, communication, construction, banking, insurance, trade and service, are members of the Azerbaijan-Germany Chamber of Commerce. Germany is also a reliable partner within the framework of the Western Platforms and the host country for the negotiations between Armenia and #Azerbaijan. Thus, the Munich Security Conference held in Germany is the leading international conference on security policy. Conferences are traditionally held in February of each year. At the conference, heads of state, foreign ministers, defense ministers, government officials, military leaders, members of parliament, heads of international and non-governmental organizations, academicians, and experts gather from all over the world. In 2020, when Azerbaijan's territorial integrity and sovereignty were ensured, President Ilham Aliyev participated in this conference and demonstrated that Azerbaijan attaches importance to security, including the issues on the world's agenda. During the meeting, Ilham Aliyev emphasized that Garabagh is the eternal land of Azerbaijan, based on historical facts. In terms of knowledge of foreign languages, knowledge of history, and political argumentation, the president of Azerbaijan was significantly different from his opponent in the best sense of the word. President Ilham Aliyev held a bilateral meeting with Olaf Scholtz within the framework of the conference and conducted very effective negotiations on advancing the peace agenda between Armenia and Azerbaijan. The cooperation between Germany and Azerbaijan is developing in the political and economic spheres, as well as on the topic of Climate Change. Recall that Baku, the capital of Azerbaijan, will host the 2024 UN Climate Change Conference (UNFCCC COP 29) for the first time in the region from November 11–22, 2024. The decision was made at the plenary session of COP28 on December 11. Azerbaijan successfully participated in the COP28 held in Abu Dhabi last year. https://lnkd.in/ea8h7XGy

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Catalyzing #Azerbaijan's SMEs for green economy & sustainable energy growth In the current era of modern challenges and anticipated shifts in energy balance, the imperative to enhance the deployment of renewable and clean energy sources, and establish "green energy" pathways, stands as a pivotal global agenda item. Transitioning towards sustainable energy involves substituting conventional energy resources with reclaimed energy sources, thereby embodying the essence of "green energy". Azerbaijan underscores its commitment to this transition as a key priority within its energy policy framework. The country's climatic conditions offer extensive opportunities for the generation of green energy, with significant roles assigned to small and medium-sized enterprises (SMEs) across various sectors of the economy. In recent years, the burgeoning development of SMEs in the green economy sector has been particularly noteworthy. Playing a crucial role in augmenting the involvement of SMEs in the green economy, the Small and Medium Business Development Agency (SMBDA) under the Ministry of Economy has been pivotal. The agency extends support to the advancement of alternative energy initiatives in Azerbaijan aligned with national priorities up to 2030. Small and medium entrepreneurship has been earmarked as a strategic objective in the medium-term socio-economic development strategy, emphasizing its pivotal role in driving economic growth and employment within the country. SMBDA highlighted that applying "green technologies" not only encompasses critical elements such as environmental conservation and public health, but also holds significant relevance across various business dimensions. Adherence to these principles enables enterprises to enhance their competitive edge, expand export potential, and attract foreign investments. Furthermore, "green SMEs" are emblematic of resource-efficient business practices. Recent data reveals that SMEs in Azerbaijan incurred approximately 360 million manats in annual fuel costs and 170 million manats in electricity expenses in 2022, reflecting a consistent upward trend compared to 2019. " Thus, compliance with these criteria allows enterprises to enhance competitiveness, increase export potential, and particularly attract foreign investments. On the other hand, 'green SMEs' also signify resource-efficient business practices. According to the 2022 results, SMEs' annual fuel costs amounted to approximately 360 million manats, with electricity costs totaling 170 million manats. These figures show a continuous increase compared to 2019". The agency reported that between 2019 and 2022, SMEs saw their fuel and electricity costs rise by around 45% and 40%, respectively. https://lnkd.in/guhDXXxm

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Since 2017, Uzbekistan has embarked on an ambitious journey of economic reform, reshaping key sectors from banking to agriculture and tech.   Central to this effort is Uzbekistan’s work to improve its investment climate through substantial infrastructure upgrades, including major expansions of the Tashkent International Airport and significant improvements in water and sanitation services.   These reforms are not only modernising the economy but also strengthening commercial ties globally. 🌏   Visit our website to learn more 👇 https://tiif.online/   #Uzbekistan #Investors #CentralAsia #EmergingMarkets #Development #EconomicReform

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#Azerbaijan, #China explore collaboration in green energy development Discussions were held between #Azerbaijan and #China on the development of multidirectional cooperation on renewable energy and joint activities with Chinese companies within the COP29. A meeting was held between the Minister of Energy Parviz Shahbazov and the delegation led by Song Hailiang, the Chairman of China Energy Engineering Group Co.Ltd, in which Lyu Zexiang, the Chairman of China Energy International Group Co. Ltd. attended as well. Information was provided about the projects implemented by China Energy Engineering Group Co. Ltd, which provides systematic, integrated, comprehensive development plans and services for the energy and infrastructure industries in #China and globally. It was noted that Chinese companies are interested in participating in large-scale activities to realise the huge renewable energy potential in #Azerbaijan. Cooperation opportunities on the creation of green energy corridors and interconnectors, green energy export, production, and transportation of green hydrogen and green ammonia, as well as energy storage systems, were evaluated. Also, the issues arising from the Memorandum of Understanding on the implementation of renewable energy projects with a capacity of 2 GW signed between the Ministry of Energy and #China Gezhouba Group Overseas Investment were discussed. The measures taken and the next steps related to the construction of 60 MW and 100 MW solar power plants were reviewed. During the conversation, it was agreed to strengthen the interaction with the establishment of a Working Group to evaluate proposals on potential cooperation areas and, as a result, to cooperate with relevant projects. https://lnkd.in/egtPxpXH

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at the Baku Energy Week forum discussing human resource development for future

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🌐 IFC Invests in Coca-Cola İçecek A.Ş. (CCI) to Boost Inclusive, Sustainable Growth in #Uzbekistan🇺🇿, #Tajikistan🇹🇯, #Türkiye🇹🇷, and #Iraq🇮🇶 IFC - International Finance Corporation, a member of The World Bank Group, has signed four sustainability-linked loans in the total amount of US$250 million to Coca-Cola İçecek A.Ş. (CCI) of Türkiye and its three subsidiaries in Uzbekistan, Tajikistan, and Iraq. IFC's financing will help CCI, a multi-national beverage producer, implement sustainable manufacturing processes in four countries including reducing energy and water usage and improving circular economy practices. IFC will also support CCI in its ongoing commitment to reduce the gender gap in its workforce, management, and its Board. CCI's expansion efforts are expected to have significant economy-wide effects, as the investment is anticipated to support the creation of many direct and indirect jobs along the company's supply chains in the four countries. Climate finance constitutes 60% of the financing, which would be directed towards increasing recycled PET bottling capacities, energy-efficient equipment, renewable energy projects, and water savings measures. Learn more: https://lnkd.in/dcF9Ppkc Photo: CCI

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SOCAR and ACWA Power clinch agreement on Green Fertilizer project The State Oil Company of #Azerbaijan Republic (SOCAR) and ACWA Power, from the Kingdom of Saudi Arabia, signed a cooperation agreement focused on Green Fertilisers. The agreement was signed by Anar Mammadov, SOCAR’s Vice President, and Driss Berraho, ACWA Power’s Vice President of Business Development - Green Hydrogen. This partnership builds on the foundations laid by a previous agreement signed on February 2, 2023, which outlined the joint development of renewable energy projects, including wind, solar, and green hydrogen, in the Republic of #Azerbaijan. The new agreement specifically targets the potential production and distribution of green fertilisers, predominantly urea, under the Low Carbon / Green Fertilizer project. According to the agreement, ACWA Power will take a leading role in the renewable energy production and green hydrogen aspects of the project, underscoring the collaborative effort towards reducing carbon emissions in fertiliser production. https://lnkd.in/ewaYWgSD

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Hosting COP 29 in Azerbaijan is a powerful statement about the inclusive nature of the global climate agenda. Situated at the crossroads of Europe and Asia, Azerbaijan embodies a unique blend of cultural and geopolitical influences. This geographic positioning underscores the necessity of involving a diverse range of countries and regions in climate discussions. By bringing the conference to Azerbaijan, the global community acknowledges the importance of a balanced and representative approach to addressing climate change. This decision promotes a more comprehensive understanding of the challenges and opportunities faced by different regions, paving the way for more effective and equitable climate policies. Azerbaijan’s status as an emerging economy adds a compelling dimension to COP 29. Traditionally dependent on fossil fuels, Azerbaijan has made significant strides towards diversifying its economy and embracing sustainable practices. This transition from a fossil fuel-dependent economy to one focused on renewable energy and environmental sustainability serves as a powerful model for other nations. By showcasing its efforts at COP 29, Azerbaijan can inspire similar transformations in countries facing comparable economic and environmental challenges. This example highlights the feasibility of balancing economic growth with environmental stewardship, encouraging a global shift towards more sustainable development practices. COP 29 in Azerbaijan also holds immense potential for fostering greater regional collaboration in the Caucasus and Central Asia. Environmental challenges often transcend national borders, necessitating coordinated efforts to address them effectively. Hosting the conference in Azerbaijan provides a platform for neighboring countries to discuss shared environmental issues and develop collaborative strategies. This regional approach not only strengthens diplomatic ties but also enhances the effectiveness of climate action by pooling resources and expertise. The collaborative spirit fostered at COP 29 can lead to lasting partnerships that extend beyond the conference, driving sustained regional progress in combating climate change. https://lnkd.in/d99JQt9S

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#Azerbaijan fosters companies targeting green solutions: Deputy Energy Minister The Azerbaijani state is determined to assist businesses in implementing green solutions through financial and other mechanisms, Deputy Energy Minister Elnur Soltanov said. He made the remark during the event “Enhancing Ambition, Enabling Action: COP29 Sustainable Business Forum” in #Baku. The deputy minister noted that to solve the world's most acute climate problems (excluding #China), the required funding is currently $100 billion in total, i.e. $2.4 billion every year. According to him, the increasing involvement of businesses in the climate agenda through government support for their adaptation and green transition will yield long-term results. “When private companies implement green solutions and the cost of new green solutions is equal to or lower than the cost of using traditional fuels, then there may be no need for COP conferences,” Soltanov said. https://lnkd.in/eGVaZZug

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