IBRD and World Bank are providing loans to Azerbaijan to support its energy transition projects.
1 report, 1 independent
Updated Aug 29
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What happened
IBRD and World Bank are providing loans to Azerbaijan to support its energy transition projects.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Azerbaijan is initiating, financing, and implementing large-scale energy infrastructure projects that connect countries across Eurasia.Also in this story
- Dialogue between Azerbaijan and Georgia enables major energy infrastructure projects.
- Azəripək JSC, an industrial complex in Azerbaijan, is supporting regional employment and value chains through its operations.
The entities involved
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Azerbaijan
country in the Caucasus in Eastern Europe and Western Asia
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World Bank
international financial institution
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International Bank for Reconstruction and Development
international financial institutions, sells loans to middle-income developing countries, part of the World Bank Group
Nothing else this week.
Related events
- The World Bank, IBRD, and African Development Bank approved financing for a project in Morocco.
- The World Bank and IBRD provided a $116 million loan for the Cebu Bus Rapid Transit project, followed by a negative progress assessment.
- IBRD is providing financing for Angola's national grid expansion, utilizing resources from the World Bank Group.
- Janet Yellen urged the World Bank and IBRD to undertake added reforms and announced lending capacity increases.
- The Asian Development Bank and Azerbaijan participated in early energy projects.