Azerbaijan and BSTDB discuss green financing

Azerbaijan engaged in discussions about green financing with the Black Sea Trade and Development Bank (BSTDB), Report informs, citing Azerbaijan’s Economy Ministry.

Azerbaijani Deputy Economy Minister Anar Akhundov has met with the bank’s Vice President, Dragos Paul Ungureanu.

During the meeting, they explored topics such as green financing, investments with the Bank (in which Azerbaijan is a shareholder), SME development, increased access to financial resources for businesses, restoration of Azerbaijan’s liberated territories, and financing for solid household waste management projects.

Additionally, the parties exchanged views on cooperation within the framework of COP29 and emphasized financing opportunities aligned with Azerbaijan’s investment priorities, with special attention to the climate agenda