The Central Bank of Azerbaijan (CBA) has identified the availability of sustainable financial opportunities against the backdrop of “green” climate change as a top priority, and in this relation, a strategic roadmap has been formed, Director of the CBA Financial Stability Department Rustam Tahirov said at the seminar “Green Hydrogen – the Way to Decarbonization,” Report informs.
Tahirov said that the roadmap is based on four principles: “The first of them is capacity building and education. It provides for educational work not only in the financial sector, but also in a number of others. The second is to ensure the flow of finance, thereby supporting the “green economy”. The third principle is related to climate, and the fourth is market transparency and transparency of issues related to climate change.”