Taleh Kazimov: CBA carefully analyzes climate change-related risks for financial sector

Taleh Kazimov: CBA carefully analyzes climate change-related risks for financial sector Currently, it is important to find ways of economic growth not only for Azerbaijan but for the whole world, the Chairman of the Central Bank of Azerbaijan (CBA) Taleh Kazimov said during a panel discussion at the Baku Climate Week.
Finance
October 3, 2024 15:55
Taleh Kazimov: CBA carefully analyzes climate change-related risks for financial sector

Currently, it is important to find ways of economic growth not only for Azerbaijan but for the whole world, the Chairman of the Central Bank of Azerbaijan (CBA) Taleh Kazimov said during a panel discussion at the Baku Climate Week.

According to Report, Kazimov noted that the CBA carefully analyzes the risks that the financial sector may face due to climate change and tries to support the country's financial system.

According to Kazimov, the Central Bank aims to create a stable financial environment capable of effectively adapting to global changes, which is considered an important factor for long-term economic growth.

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