Jun 11, 2025
Azerbaijan Secures $1.25M from ADB to Advance Railway Decarbonization
Azerbaijan has received $1.25 million in funding from the Asian Development Bank (ADB) to support its ambitious goal of achieving net-zero emissions in its railway sector by 2030.
The funding will be disbursed in two phases: $1 million will come through the bank’s Innovative Finance Facility for Climate in Asia and the Pacific, and another $250,000 from the Technical Assistance Special Fund.
While rail transport currently contributes less than 0.5% to Azerbaijan’s total GHG emissions, this initiative reflects the nation’s commitment to sustainable mobility and climate leadership. It follows Azerbaijan’s 2023 entry into the UN Global Compact and a comprehensive rail network emissions assessment.
This move reinforces the strategic role of green transport in national climate agendas and highlights how public financing can drive decarbonization in emerging markets.
Related Post
Latest Post
Subscribe Us
Get Subscribe To Our Latest News & Update