Minister: Innovative solutions needed to expand green financing

It is necessary to implement various innovative solutions to expand green financing in Azerbaijan, COP29 president-designate, Minister of Ecology and Natural Resources Mukhtar Babayev said at the forum "Green Financing and Sustainable Development" in Baku, Report informs.

He noted that the transition to a green economy is one of the key priorities.

"This transition is necessary for the long-term sustainable development of our country's economy. One of the key factors in the development of a green economy is the availability of necessary financing. For this, it is also important to raise public awareness about green financing and develop dialogue between all interested parties," said the minister.