Green taxonomy to contribute to increasing environmental responsibility of banking sector

11:21 - 3.12.2024


December 3, Fineko/abc.az. "The Azerbaijani banking sector has committed itself to provide 2 billion manats to support sustainable development in the fight against climate change. In order to successfully achieve these goals in our country, the Central Bank has adopted a "green taxonomy",» ABC.AZ reports, quoting CBA general director Vusal Khalilov as saying this during the VIII International Banking Forum.

He added that this step not only strengthens the environmental responsibility of the banking sector, but also creates a powerful base for achieving sustainable development goals

Khalilov believes that banks will make every effort to support the green transition.