The Central Bank of the Republic of Azerbaijan has been admitted as a full member of the Network for Greening the Financial System. The move brings the central bank into the network’s working groups and collective research on climate scenario analysis, green finance, climate stress testing, and the integration of sustainability factors into monetary policy and prudential supervision frameworks. The central bank linked the membership to the implementation of its Sustainable Finance Roadmap and said it will support further work on applying a green taxonomy, developing a green bond market, and introducing climate risk disclosures in the financial sector. It also described the step as aligned with Azerbaijan’s national commitments under the Paris Climate Agreement and its policy direction toward a greener and more sustainable economy.
Central Bank of the Republic of Azerbaijan 2026-04-30
Central Bank of the Republic of Azerbaijan joins the Network for Greening the Financial System as a full member
The Central Bank of the Republic of Azerbaijan has become a full member of the Network for Greening the Financial System, joining its work on climate scenario analysis, green finance, climate stress testing, and integrating sustainability into monetary policy and prudential supervision. The central bank linked the move to its Sustainable Finance Roadmap, including green taxonomy, green bond market development, and climate risk disclosures, and said it aligns with Azerbaijan’s commitments under the Paris Agreement and its broader green economic policy.