“The EBRD launched the Green Economy Transition (GET) approach in 2015 to put investments that bring environmental benefits at the heart of our mandate. The EBRD is a key financier of renewable energy across the region and has substantial experience in financing renewable energy projects across its countries of operation, and is interested in supporting Azerbaijan in developing its renewable energy potential,” added the source.
Azerbaijan has been cooperating with the EBRD since 1997. Since the start of its operations in the country, the bank has invested over $2.8 billion in 163 projects in the financial, corporate, infrastructure and energy sectors, with 58 percent of those investments in the private sector.
More about: #EBRD
