The Central Bank of Azerbaijan (CBA) and the Asian Development Bank (ADB) have discussed cooperation on green and sustainable finance projects, Report informs referring to the press service of the CBA.
As part of the CAREC conference in Ulaanbaatar, Mongolia, CBA representatives took part in discussions on the issuance of green bonds for the private and public sectors.
Arif Jafarov, head of the CBA Department, spoke about the measures taken in Azerbaijan to adapt to climate change, including the development of a green taxonomy and sustainable finance projects.
Participants from Azerbaijan, China, Kazakhstan, Mongolia, Uzbekistan and other countries exchanged experiences in attracting investment and creating a regulatory framework in the field of green bonds.