Over $500M directed to fighting climate change in Azerbaijan last year

Over $500M directed to fighting climate change in Azerbaijan last year In 2023, 856.9 million manats ($504.058 million) were allocated from the state budget of Azerbaijan for measures to combat climate change
Finance
May 31, 2024 13:00
Over $500M directed to fighting climate change in Azerbaijan last year

Azerbaijan allocated 856.9 million manats ($504.058 million) from its state budget last year for measures to combat climate change, Chairman of the Committee on Economic Policy, Industry and Entrepreneurship of the Azerbaijani Parliament Tahir Mirkishili said while discussing the bill “On the execution of the state budget for 2023” at today’s plenary session of parliament, Report informs.

Last year, climate change spending accounted for 2.35% of all budget expenditures.

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