BAKU: Azerbaijan remains dedicated to methane emissions reductions, Azerbaijan's Deputy Minister of Foreign Affairs Elnur Mammadov said during the fifth annual Caspian Business Forum in New York, Trend reports. To improve key barriers in energy transition, he called on the Caspian region's countries to continue working together in joint formats: 'Initiatives such as the UN SPECA climate innovation dialogue launched under the framework of COP29 are designed to foster regional cooperation and innovation.' Azerbaijan is also working to greatly expand its renewable energy capacity by constructing new transmission cables and new energy generation facilities. 'One of the key barriers remaining is the development of critical infrastructure. Another challenge is the need for green financing to support the development of large-scale renewable projects. Azerbaijan remains dedicated to methane emissions reductions as part of our broader commitment to the global methane pledge.', Mammadov stated. 'Azerbaijan is ready to lead the global community at COP29, building on our legacy as a key energy provider while increasing the future of sustainable development,' he added. Source: Trend News Agency