Azerbaijan put forward 14 initiatives that were guided by five essential principles, Elmar Mammadov, the co-chair of the Global Initiatives Group of the COP29 Action Agenda, highlighted these principles during his speech at the Caspian Energy Forum held in Baku, Report informs.

“First, we aimed to balance the pillars of the climate agenda, including financing. Second, we analyzed the balance between increasing ambitions and pragmatism.