Azerbaijani President Ilham Aliyev has signed a decree " On the establishment of the Energy Efficiency Fund and the regulation of a number of issues arising therefrom".
Under the document, the fund was established in connection with the implementation of the law "On the effective use of energy resources and energy efficiency", in order to stimulate and encourage measures for the rational use of energy resources.
The Ministry of Energy is in charge of overall control over the formation and management of the fund.
https://president.az/az/articles/view/64875