AZERBAIJAN’S STRATEGY FOR THE DEVELOPMENT OF A GREEN ECONOMY

Abstract

The article indicates that the conditions of transition to a green economy, with
commodity production, can positively affect the health of the population and negatively affect
environmental pollution. It also explores the main aspects of the concept of economic development,
which is the main factor influencing the provision of a green economy. On the other hand,
the events organized by the State of Azerbaijan in this direction are noted, with an agreement
with new companies on new "green projects" related to hydropower, hydropower and wind energy.
The principles and stages of the green economy are also revealed. As a result, the features
of the development of the green economy in Azerbaijan have been identified. In the article, the
author notes that with the possibility of applying new principles in the use of economic and ecological
resources in developing countries, progress is very slow, and the main reasons for these
rates are revealed. The reasons for the slow pace of application of new economic or environmental
principles are the facts that require government intervention in this area of the economy. The
author also notes that in some developing countries there are no such events, and there is also a
special resistance from the lobby in the fuel and energy system. Since the owners of oil and gas
companies are doing everything possible to stop the process of "greening" in the country. And
to do this, these companies must give up their expected profits, which they receive.