DOI: https://doi.org/10.36719/2706-6185/48/176-180
Zaur Əlizadə
Azərbaycan Dövlət İqtisad Universiteti
magistrant
https://orcid.org/0009-0001-2672-8855
elizadezaur@gmail.com
Opportunities and Challenges for Sustainable Economic
Development in Azerbaijan
Abstract
This research paper evaluates the perspectives of sustainable development in Azerbaijan, particularly focusing on the country’s efforts in economic diversification, environmental challenges, and the role of the oil and gas industry. The study highlights the importance of balancing economic growth with environmental sustainability and social equity, aiming to provide practical recommendations for enhancing sustainability in Azerbaijan. By examining the current state of economic diversification, identifying the challenges and opportunities in sectors such as renewable energy and agriculture and analyzing government policies aimed at promoting sustainable development, this paper seeks to offer valuable insights for policymakers and researchers.
Keywords: sustainable development, renewable energy, Azerbaijan Economy, oil and gas industry, green technology, environmental sustainability