Azerbaijan's green leap as strategic imperative sets course for sustainable tomorrow

Azernews.Az

29 October 2025 17:22 (UTC+04:00)

Qabil Ashirov

With a proposed budget of $100 million over five years, GEFF-Azerbaijan aims to channel green financing through local banks, microfinance institutions, and leasing companies. The goal? To empower private borrowers who are investing in energy efficiency, renewable energy, circular economy practices, and climate resilience. This is not charity. It is a calculated investment in the future, one that aligns with Azerbaijan’s ambitions to diversify its economy and reduce its dependence on hydrocarbons.

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