Subscription for SOCAR's Green Bonds completed

An event marking the successful completion of the subscription for SOCAR Green Bonds was held Friday, Azerbaijani Economy Minister Mikayil Jabbarov said on X, Report informs.

According to Jabbarov, Azerbaijan consistently demonstrates its steadfast commitment to the global climate agenda: "The Green Bonds project represents a significant milestone in advancing the objectives set forth during COP29, contributing to climate security and the development of a sustainable energy ecosystem. This initiative will facilitate the integration of innovative technologies, promote the efficient use of resources, and enhance energy efficiency across key sectors of the economy."

The minister said the high level of interest from investors underscores SOCAR’s reliability as a partner in the international market.

"We extend our sincere gratitude to everyone who contributed to the preparation and successful implementation of this project," Jabbarov concluded.