European Bank for Reconstruction and Development

Name of the organization

European Bank for Reconstruction and Development (EBRD)

General information about the organization

·         EBRD was founded in 1991;

·         Headquarters are located in London;

·         71 countries, as well as the European Union and the European Investment Bank are members of EBRD;

·         Odile-Renaud Basso is the President of the EBRD;

·         Board Member: Türkiye, Azerbaijan, Moldova, Romania, Kyrgyzstan;

Information about cooperation between Azerbaijan and the organization

·         Azerbaijan has been a member of the Bank since September 25, 1992;

·         Nataly Mouravidze has been appointed as a Head of Baku Resident Office since July 12, 2023.

·         Current projects:

-      Support for the Implementation of Renewable Energy Auctions in Azerbaijan;

-      Grant Agreement for Ganja Street Lighting Project;

-      The Technical Assistance in relation to the Development of the Power Sector in the Republic of Azerbaijan;

-      Grant Agreement for Street Lighting in the city of Ganja - Project Implementation Support;

-      Grant Agreement on Ganja Solid Waste Project Implement Support.