On September 30, the European Bank for Reconstruction and Development (EBRD) expressed strong interest in expanding its cooperation with Azerbaijan. 

During a panel discussion at Baku Climate Action Week, EBRD Deputy Director Lin O'Grady underscored the organization’s long-standing commitment to strengthening ties with the country.

O'Grady highlighted EBRD's focus on investing in cities through its "Green Buildings" program and praised her experience working with both the Azerbaijani government and cities, calling it "exceptionally positive." While the current cooperation is centered around the city of Ganja, O'Grady stated that EBRD aims to extend its collaboration with the Azerbaijani government to other cities across the country.

"We work very effectively with the government, in this case with the Ministry of Economy, and with the city, and we hope to expand this interaction," O'Grady emphasized.

Recognizing the differences among cities in terms of budget, size, and potential, O'Grady stressed EBRD's adaptable approach, stating that "Cities vary in their level of budgetary resources, size, potential, and other criteria, so the approach to each city must change, and we adapt to this."