IDEAS home Printed from https://ideas.repec.org/p/zbw/esconf/344611.html

The Role of Green Energy Policy in Azerbaijan's Sustainable Economic Development

Author

Listed:
  • Hajiyeva, Nigar
  • Mustafazade, Ayan
  • Eyvazova, Aytaj
  • Habibli, Mansuma

Abstract

This article examines how Azerbaijan’s green energy policy supports economic development while also promoting environmental sustainability. It integrates the country’s historical energy strategy informed by the vision of Heydar Aliyev and the “Contract of the Century” and current worldwide trends for renewable energy and decarbonization. Based on research, this study discusses the concepts of green energy, Azerbaijan’s strategic priority areas aiming to enhance renewable resources, and major projects under international cooperation. It assesses potential economic and social implications of diversification from hydrocarbons, larger flows of foreign investment, technological development, job generation, and regional renewal in the zones designated as “Green Energy Zones.” The results imply that reliable policy towards renewable energy is essential for the sustainable economic development of Azerbaijan both in building the long-term stability in Azerbaijan and contributing to sustainability in its economy, and with cooperation with the larger international community. Implementation must involve good regulation, modernization of infrastructure, financing mechanisms, and human capital.

Suggested Citation

  • Hajiyeva, Nigar & Mustafazade, Ayan & Eyvazova, Aytaj & Habibli, Mansuma, 2026. "The Role of Green Energy Policy in Azerbaijan's Sustainable Economic Development," EconStor Conference Papers 344611, ZBW - Leibniz Information Centre for Economics.
    • Handle: RePEc:zbw:esconf:344611
    DOI: 10.5281/zenodo.22879590
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/344611/1/Final_book_with_cover-26-33.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.5281/zenodo.22879590?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:esconf:344611. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/zbwkide.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.