In the framework of the development of the draft law "On state support of agricultural insurance" government will attract leading foreign experts to the development of insurance Agricultural industry, said Minister of Finance Samir Sharifov, AR, opening the VI Azerbaijan International Insurance Forum.
"We are interested in preparing a credible strategy for the development of agricultural insurance, which will contribute to the development of the agricultural sector and the real support of farmers", he said, recalling that developed by the Ministry of Finance together with the Ministry of Agriculture of the law "On state support of agricultural insurance" will soon pass approval to the government and It will be submitted for consideration by Milli Majlis. --17D-
Economics
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The Islamic Development Bank (IsDB) is stepping up its efforts to mobilize Islamic banking resources in the fight against climate change, President of the IDB Muhammad Sulaiman Al Jasser said on Thursday during a roundtable at COP29.
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Climate change poses a serious risk to global economic and financial stability, said Bo Li, Deputy Managing Director of the International Monetary Fund (IMF), at the event titled "Global Financial System: Scaling Up Climate Action Financing" held as part of COP29.
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Azerbaijan's banking sector has unveiled a comprehensive set of initiatives aimed at bolstering sustainable development, according to Zakir Nuriyev, President of the Azerbaijan Banks Association (ABA). Nuriyev outlined the plans during the second panel of the "Global Financial System: Expanding Climate Finance" event.
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Azerbaijan remains steadfast in its commitment to developing a sustainable green economy, according to Taleh Kazimov, Chairman of the Central Bank of Azerbaijan (CBA). Speaking at the COP29 event on Thursday titled “Global Financial System: Scaling Up Finance for Climate Action,” Kazimov emphasized the country's strategic focus on green development as part of its broader socio-economic agenda for 2030.
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