Azerbaijan, EU sign Caspian green energy corridor deal at COP31

At COP31, Azerbaijan and EU partners signed an agreement to develop a green energy corridor from the Caspian Sea to Eastern Europe, positioning Azerbaijan as an interregional electricity hub. The deal aims to reduce Eastern Europe's fossil fuel dependence, though technical and financing details remain unspecified. This marks a strategic shift in regional energy infrastructure, potentially diversifying supply and supporting decarbonization.

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