ADB, EBRD boost green investment in Azerbaijan to drive sustainable economic transition
International financial institutions are stepping up their green investment efforts in Azerbaijan, aligning closely with the country’s strategic goal to diversify its economy and transition from traditional hydrocarbon dependence toward renewable and sustainable energy solutions. Both the Asian Development Bank (ADB) and the European Bank for Reconstruction and Development (EBRD) have recently unveiled projects that not only advance environmental sustainability but also strengthen infrastructure resilience and private sector development.
The ADB has approved a $700,000 technical assistance project to enhance energy efficiency and introduce clean technologies in the Baku Metro system. The initiative - titled “Decarbonizing Baku Metro for a Smart and Sustainable Urban Transit Future” - aims to reduce the capital’s carbon footprint, optimize energy use, and cut operational costs.
The project will assess opportunities for infrastructure modernization, including the integration of solar energy, battery storage systems (BESS), and intelligent energy management technologies. It will also incorporate predictive maintenance and big data-driven decision-making tools - a move that positions the Baku Metro as a model of sustainable public transport in the South Caucasus.
Serving nearly 630,000 passengers daily, the Baku Metro is at the heart of the capital’s transport........





















Toi Staff
Gideon Levy
Tarik Cyril Amar
Sabine Sterk
Stefano Lusa
Mort Laitner
Mark Travers Ph.d
Ellen Ginsberg Simon
Gilles Touboul
John Nosta