A panel session on “The role of sustainable energy hubs in promoting climate resilience, innovation and energy transitions” was held as part of Baku Climate Action Week 2026 (BCAW 2026), APA reports.
Speaking at the panel session, Azerbaijani President’s Representative on Climate Issues Mukhtar Babayev said that by 2030, annual investment in electricity grids alone will need to increase from approximately $400 billion to $600 billion.
“Countries must simultaneously ensure energy security, energy accessibility and affordability. There is no single roadmap that applies to all countries. Our region encompasses countries with different energy systems, economic structures and development needs,” he noted.
High-Level Champion for Climate Action and Member of the Milli Majlis Nigar Arpadarai said that the green and climate agenda can serve as a unifying factor amid global tensions, conflicts and fragmentation. According to her, regional cooperation will become increasingly important for addressing common challenges.
UN Resident Coordinator in Azerbaijan Dmitry Shlapachenko said that Azerbaijan is a concrete example demonstrating how regional cooperation can move from political ambitions to practical implementation.
According to him, issues of energy connectivity are closely linked to the development of transport corridors.
The panel session continued with discussions.
Follow us on Telegram
t.me/apanewsaz
Follow us on Instagram
Follow us on TikTok
Follow us on Facebook
Follow us on X
