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EBRD talks green growth support priorities for Azerbaijan in 2022 (Exclusive)

Economy Materials 6 June 2022 11:15 (UTC +04:00)
EBRD talks green growth support priorities for Azerbaijan in 2022 (Exclusive)
Maryana Ahmadova
Maryana Ahmadova
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BAKU, Azerbaijan, June 6. Urban sustainable infrastructure investments are key priority areas for the European Bank for Reconstruction and Development (EBRD) due to the commitment to support Paris Alignment, Kamola Makhmudova, EBRD Country Head for Azerbaijan, told Trend.

According to Makhmudova, the EBRD has already allocated 10 million euros to improve the solid waste collection services in Ganja city with modern and energy-efficient vehicles, specialized containers and bins, digital collection systems and other improvement works.

“Ganja is our pioneer and we very much hope to continue with the additional sustainable urban infrastructure projects in Ganja, particularly after completion of the Green City Action Plan (GCAP) with the Ganja city Executive Power,” she said.

EBRD Country Head also thanked the Ministry of Economy for assistance in project preparation and implementation.

“As we know, behind every successful project, there is a talented team. We noted high level of professionalism and competence both at Ministry and at City levels,” she added.

As Makhmudova noted, the EBRD hopes to start working with new Green Cities in Azerbaijan in the nearest future.

“We are also in touch with the Government to support infrastructure investments in transport, utility, energy, telecommunications and other sectors, and to participate in the ongoing transformation work in state-owned companies, which we fully support. Our key focus, however, is on working with private companies to support their competitiveness, good governance and green economy transition, as set out in the EBRD’s Azerbaijan Country Strategy for 2019-2024,” she added.

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