BAKU, Azerbaijan, May 18. The Azerbaijani
banking sector allocated 371 million manat ($218 million) to green
projects in 2025, the sustainable financial report of the Central
Bank of Azerbaijan (CBA) says, Trend reports.
The report recalled that within the framework of COP29, the
banking sector of Azerbaijan planned to allocate 2 billion manat
($1.18 billion) to sustainable and green projects by 2030.
"As a result, in 2025, 344 million manat ($202 million) and 27
million manat ($15.9 million) were allocated to green and
sustainability-related projects, respectively.
The report emphasized that the majority of the loans provided
were directed towards green transportation and sustainable
agriculture.
"While financing is available in other areas, particularly
energy efficiency and water resources management, the number of
loans in some areas is relatively low," the report noted.
