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THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.77, # 1, 2020, pp. 65-83



                    To  achieve  Sustainable  Development  Goals,  there  must  be  an  economic,  social,
                    institutional  and  political  approach.  Taking  this  into  account,  the  president  of  the
                    Republic of Azerbaijan signed a decree (October 06, 2016) on the establishment of
                    the National Coordination Council on Sustainable Development of the Republic of
                    Azerbaijan “in order to coordinate the implementation of the tasks assigned to the
                    state bodies in connection with the obligations arising from the agenda in the field of
                    sustainable development until 2030. We can notice this decree among the measures
                    taken  to  implement,  the  UN  Azerbaijan.  As  stated  in  The  Agenda  2030  on
                    Sustainable  Development,”  the  use  of  the  global  indicators  framework  for
                    monitoring and analysis of development goals, and the development of governments
                    to support the monitoring process are important.
                    More than half of the population of Azerbaijan lives in cities. Baku, the capital of
                    the country, is the largest city in the Caucasus and is expected to remain unchanged
                    in the near future. About 40% of the Azerbaijani population and 70% of the existing
                    industrial  potential  are  concentrated  in  Baku  agglomeration  (Baku,  Sumgait,
                    Khirdalan  cities  and  their  immediate  surroundings)  located  on  the  Absheron
                    Peninsula. The Absheron Peninsula is an urban zone, a space of economic, social,
                    ecological and demographic contradictions.

                    In the world, industrial oil was first produced in Azerbaijan in the XIX century. For
                    the first time in the 20th century, oil production from offshore fields in the world
                    was  in  the  Caspian  Sea,  in  Azerbaijan.  However,  unfortunately,  the  rapid
                    development  of  the  oil  industry  has  created  serious  ecological  problems  here.
                    Protection and efficient use of Natural Resources in Absheron Peninsula, restoration
                    of polluted areas,  Waste Management, expansion of the scale of green  areas,  etc.
                    despite the continuous measures taken in the directions, the ecological situation in
                    the Absheron Peninsula  remains  tense. With a total  area of 222,000 hectares,  the
                    total area of this peninsula - 33,000 hectares, including the area of oil-contaminated
                    lands-is currently 10.6 thousand hectares. In some places, the wastewater flows into
                    lakes  and  the  Caspian  Sea,  etc.  In  the  near  future,  the  goal  of  the  Republic  of
                    Azerbaijan is to remove the Absheron peninsula from the list of sources polluting
                    the Caspian Sea. To this end, it carries out complex measures to clean the sea from
                    pollution.  The  preparation  of  the  new  general  plan  of  Baku  for  20  years  will  be
                    completed by the end of 2020. As the main provisions in this plan, the focus is on
                    improving environmental protection and ecology.

                    Among  the  indicators  characterizing  the  Sustainable  Development  identified  by  the
                    European  Union  Statistical  Bureau  (Euro  stat),  durable  consumption  and  production
                    indicators occupy a special place. Consumption models: consumption of food products per
                    capita of the population, production models: the ratio of the area used for organic farming to
                    the total agricultural area is marked as indicators characterizing Sustainable Development.
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