In 2025, a total of $39.38 million was allocated to a number of regional technical assistance projects involving Azerbaijan within the framework of cooperation with the Asian Development Bank (ADB), APA-Economics reports.
The projects mainly covered areas such as green energy and energy transmission, climate action, sustainable financing, agriculture and food security, digitalization of the transport and railway sector, decarbonization of the heating supply sector, urban development, labor market, and preparation of public-private partnership projects.
Within this framework, the regional technical assistance project titled “Accelerating climate action, innovation, and private sector development through sector operations” has a budget of $14.8 million. In addition, $5 million was allocated for an operational advisory services project on public-private partnership and other project preparation, $3 million for agriculture and food security, $3.12 million for a program to enhance the capacity of sovereign institutions to implement innovative financing methods, $2.1 million for green and sustainable urban development, and $2 million for strengthening mechanisms to respond to gender-based violence.
Under other technical assistance projects, financial support was also provided for initiatives related to energy cooperation, foreign exchange reserve management, digital and artificial intelligence solutions in agriculture, expansion of the Baku Metro, the Baku green corridor, digitalization of the railway sector, and public debt management.
