The Asian Development Bank and Azerbaijan participated in early energy projects.

The entities involved

• Asian Development Bank →

  regional development bank

  • The Asian Development Bank has lifted its growth outlook for developing Asia and maintained its forecast for China at 4.6%, noting energy costs from the Middle East conflict.Mon 15:15
  • The Philippines is seeking international financial support from the World Bank and Asian Development Bank for its budget needs.Mon 12:12
• Azerbaijan →

  country in the Caucasus in Eastern Europe and Western Asia

  • The Middle Corridor, linking Central Asia and Europe, is gaining significance in regional trade and energy routes.Mon 17:06
  • Armenian elections bolster pro-EU trajectory, prompting Russian opposition and EU counter-pressure against Moscow's economic tactics.Mon 17:00

Related events

• Azerbaijan is initiating, financing, and implementing large-scale energy infrastructure projects that connect countries across Eurasia.Jun 18
• IBRD and World Bank are providing loans to Azerbaijan to support its energy transition projects.Aug 29
• High-level talks are underway between Azerbaijan and Türkiye, with representatives discussing energy cooperation opportunities and strengthening regional energy security.Jul 2
• Projects are being carried out in Aghdam, Azerbaijan, with the enforcement of building energy efficiency standards.Sep 7
• Vice President discusses European energy market needs during an event held in Baku, Azerbaijan.Sep 9