BAKU, Azerbaijan, September 26. On September
24, 2024, the Green Finance Conference, organized by AmCham
Azerbaijan in partnership with Yelo Bank, successfully concluded.
Held on the eve of COP29 and within the framework of the Year of
Solidarity for the Green World, the conference brought together
local and international experts to discuss key topics on the
financial sector's sustainability agenda.
The primary goal of the conference was to connect local
perspectives with global expertise, fostering the exchange of ideas
on sustainable finance and green investments. In their opening
remarks, Dayanat Sadullayev, President of AmCham Azerbaijan, Shahin
Mahmudzadeh, Director General of the Central Bank of Azerbaijan,
Gunay Jalilova, Head of AmCham's Banking, Finance and Insurance
Committee, and the Deputy Chairman of Yelo Bank, emphasized the
importance of integrating sustainable financial principles into
Azerbaijan's economic and financial sectors. They also highlighted
the pivotal role of the conference in advancing this mission. The
event featured three panels covering the topics: Sustainable Market
Opportunities, Sustainable Financial Products, and Green Finance
Investments and Infrastructure.
The first panel, moderated by Stephanie Stallmeister, Country
Manager of the World Bank in Azerbaijan, featured speakers such as
Murad Sadigov, Director of Masdar in Azerbaijan, Khayala Naghiyeva,
CFO and Board Member of Azerbaijan Green Energy Company, Taciano
Custodio, Head of Sustainability at Rabobank Brazil, and Irem
Barzilay, Head of Sustainability at Garanti BBVA. In her
presentation, Stephanie Stallmeister introduced Azerbaijan's
Climate and Development Report, emphasizing the country's progress
toward its climate goals.
The second panel, moderated by Leyla Huseynli, Sustainable Finance
Specialist at the International Finance Corporation (IFC), included
discussions from Kirilo Mukhomedzyanov, Operations Specialist at
IFC, Nurlan Hajiyev, General Director and Regional Manager at Visa
Azerbaijan, Ana Osadze, Head of ESG & Sustainability at the Bank of
Georgia, and Farid Abushov, Chairman of the Executive Board at
Unibank. The panelists shared insights on green portfolio
development, green and blue bonds, and innovative green computing
methods.
The third panel, moderated by Vugar Namazov, CEO of Unicapital,
focused on Green Finance Investments and Infrastructure. Panelists
addressed important issues, from the effective use of technology to
preventing greenwashing. Speakers included Manas Gizhduaniyev,
Chairman of the Astana Green Finance Center (AIFC), Samra
Talishinskaya-Abbasova, Sustainability Manager at Unibank, Boris
Janjalia, Team Lead of IFC’s ESG Advisory Group, and Ruslan
Khalilov, Chairman of the Board of the Baku Stock Exchange.
Through its active participation in such initiatives, Yelo Bank
continues to support Azerbaijan’s transition to a low-carbon,
sustainable economy. As part of the Bank's ongoing Green Savings
campaign, a tree will be planted in the name of every customer who
opens a savings account with Yelo by October 31. Join us in making
Baku greener while earning income by placing your deposit with Yelo
Bank: https://bit.ly/3AZlic7.
Need more information about our banking services? Then call 981 or
visit our Facebook,
Instagram,
Whatsapp,
or yelo.az accounts.
Yelo Bank – Brighter Banking!
AmCham Azerbaijan's "Green Finance Conference" held with the support of Yelo Bank (PHOTO)
Photo: Yelo Bank