NEWS

World Bank carries out assessment of 'green' development in Azerbaijan

NOVEMBER 02, 2022

Azerbaijan has achieved great economic successes over the past 30 years, World Bank Country Manager for Azerbaijan Sarah Michael said during the meeting on green transformation in Azerbaijan and sustainable development goals.

She said the World Bank carries out the assessment of 'green' development in Azerbaijan.

According to Sarah Michael, this report covers key aspects of the country's 'green' growth, including 'blue economy.'

In addition, she noted that the bank will prepare a report on the country's transition to low-carbon economy.

She said Azerbaijan has turned into the World Bank's donor over the past 30 years.

Azerbaijan has the potential to become a world leader in green transformation, Sarah Michael said.

She noted that Azerbaijan's five strategic priorities focus on major issues, including green transition, which will have a very positive effect on the country's economy.

https://report.az/en/energy/world-bank-carries-out-assessment-of-green-development-in-azerbaijan/