EBRD strategic priorities in Azerbaijan 2025-2030: Foster greater economic diversification through stronger more competitive inclusive private sector and improved governance; Accelerate Green Economy Transition and improve regional connectivity. Co-financed up to US$160M for construction two solar power plants combined capacity 760 MW largest renewable energy projects in Caucasus expected save over 600,000 tonnes CO2 annually. Extended first green-focused loan to local bank under SME Competitiveness and Inclusion Programme. Following Azerbaijan’s accession to E5P framework completed high-level assessment resulting in selection five projects for preliminary feasibility study. Launched Green Cities programme in Ganja with initial projects upgrade city’s solid waste management systems (\u20ac10M) and street lighting networks (\u20ac12.5M). Continue support greater diversification economy and growth private sector by providing financing and technical assistance to corporates and SMEs in non-oil and gas sector including agribusiness, TMT\/digital services, manufacturing and services, infrastructure with focus enhancing exports promoting import substitution<\/p>\n\n\n
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