Azernews.Az

Sunday November 10 2024

Azerbaijan Trade Forum focuses on opportunities and challenges for SMEs in green economy

7 October 2024 13:14 (UTC+04:00)
Azerbaijan Trade Forum focuses on opportunities and challenges for SMEs in green economy
Nazrin Abdul
Nazrin Abdul
Read more

The Azerbaijan Trade Forum on "Opportunities, Current Situation, and Challenges for Small and Medium Businesses" is being held in Baku, Azernews reports.

In his speech at the forum, Orkhan Mammadov, Chairman of the Board of the Small and Medium Business Development Agency (SMBDA) under the Ministry of Economy, stated that he has taken a global initiative to increase the role of SMEs in the "green economy" and combat climate change.

"The implementation of 'green business' processes by SMEs plays an important role in enhancing their competitiveness in foreign markets and attracting foreign investments. Within the Environmental, Social, and Corporate Governance (ESG) Standards Subgroup of the Commission for Business Environment and International Ratings, we are collaborating with sector representatives to promote 'green business.' One of our short-term goals is to develop 'green business' and ESG standards as a first experience at both the local and international levels," he said.

---

Follow us on Twitter @AzerNewsAz

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

Subscribe

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!

Loading...
Latest See more