Day: October 3, 2025
A critical pillar supporting Azerbaijan’s progress is its longstanding partnership with the European Bank for Reconstruction and Development (EBRD). Over 30 years, the EBRD has committed approximately €3.6 billion across 200 projects, making it one of the country’s largest foreign investors. As Mikhail Grechiko, Deputy Director for Central Asia, Caucasus and Turkiye for Bonds at EBRD, highlighted, this partnership spans multiple sectors—including renewable energy, infrastructure, and power generation—key to both economic growth and environmental sustainability.