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THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.73, # 1, 2016, pp. 64-77



                    systems are built in all regions of the country. Since 2007, according to the order of
                    the President of the Republic of Azerbaijan «On some measures to improve supplies
                    of  clean  drinking  water»  the  Ministry  of  Ecology  and  Natural  Resources  installed
                    water treatment modular structures aimed at providing safe drinking water to the most
                    remote  settlements  in  a  short  time;  as  a  result  more  than  400,000  people  in  222
                    villages along the Kura and Araz rivers have been provided with clean drinking water.
                    Work on the development of specially protected natural territory has been carried out
                    in order to preserve the biodiversity and save the gene pool of rare species of plants
                    and animals, with the area having doubled over the last 10 years. Currently there are 9
                    national parks, 11 state nature reserves and 24 state national parks with a total area of
                    893 thousand hectares. There was not a single national park in Azerbaijan until 2003,
                    while  today  the  specially  protected  areas  form  10.3  %  of  the  country‘s  territory,
                    including  national  parks  of  3.7%.  Special  attention  is  being  paid  to  the  historic
                    reintroduction of some species to their habitat. More than a hundred head of gazelle
                    have been resettled in their historical habitats as part of the project implemented with
                    the support of the Heydar Aliyev Foundation. As a result of all these measures there
                    has been a natural growth of rare species that were in danger of extinction.
                         Serious  progress  has  been  achieved  in  the  field  of  waste  management.  A
                    modern plant for the incineration of municipal solid waste was built in Baku with
                    the  capacity  of  500  thousand  tons  per  annum  together  with  a  screening  plant;  in
                    addition, the Balakhani landfill has been rehabilitated. Special attention is being paid
                    to the management of hazardous waste. The National Center for the management of
                    hazardous waste was established at the Ministry of Ecology and Natural Resources
                    and the landfill of hazardous waste was built where more than 100 thousand cubic
                    meters of toxic mercury waste and other industrial waste, including medical waste
                    has  been  disposed  of.  In  recent  years  outstanding  results  have  been  achieved  in
                    Azerbaijan  in  the  field  of  the  mitigation  of  climate  change.  Despite  the  fact  that
                    Azerbaijan  is  not  included  in  the  group  of  Annex  1  of  the  United  Nations
                    Framework Convention on Climate Change (i.e. the country didn‘t take quantitative
                    commitments  to  reduce  waste  causing  a  thermal  effect)  and  these  wastes  in
                    Azerbaijan  constitute  a  very  small  part  of  the  world‘s  waste,  in  the  period  after
                    Kyoto  concrete  measures  have  been  taken  aimed  at  reducing  waste;  as  a  result,
                    despite the rapid development of the economy, this waste has been reduced from 70
                    million tons in 1990 to 50± 2, 5 million tons per year since 2005.
                         4. The sustainable energy strategy in Azerbaijan
                         The  State  Programme  for  the  Development  of  the  Fuel  and  Energy  Sector
                    (2005–2015)  targets  the  reduction  of  losses  and  prevention  of  theft  and  the
                    inefficient  use  of  energy  in  order  to  cover  the  electric  power  and  natural  gas


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