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Azerbaijan developing principles on "green finance" - CBA

Economy Materials 24 October 2023 12:45 (UTC +04:00)
Azerbaijan developing principles on "green finance" - CBA
Humay Aghajanova
Humay Aghajanova
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BAKU, Azerbaijan, October 24. Principles on "green finance" are being developed, the General Director of the Central Bank of Azerbaijan (CBA), Ziya Aliyev said, Trend reports.

He spoke at the third "Dialogue on SDGs" on "Results of the Global Summit on SDGs 2023 and the Role of Supreme Audit Institutions in the Implementation of SDGs".

"We are carefully studying the experience of other central banks. The development of these principles will help to form a separate regulatory and legal base on "green finance"," Aliyev added.

Baku hosts the third Sustainable Development Goals (SDG) Dialogue on the theme "Outcomes of the Global SDG Summit 2023 and the Role of Supreme Audit Institutions in the Implementation of the SDGs".

The dialogue is co-chaired by the Chairman of the National Coordination Council for Sustainable Development, the Supreme Audit Institution of Azerbaijan, and the UN Resident Coordinator in Azerbaijan.

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