WB supports Azerbaijan in developing taxonomy of sustainable finance

The Central Bank of Azerbaijan (CBA) is developing a taxonomy for sustainable finance for the country, CBA Chairman Taleh Kazimov said at the event titled "Raising Ambition, Delivering Action: COP29 Sustainable Business Forum", Report informs.

He noted that the ministries of economics, ecology and natural resources, energy and other ministries take part in the preparation of this document, along with the Central Bank.

Kazimov added that the World Bank (WB) is providing support in the development of the taxonomy.