The welfare and economic growth of Azerbaijan’s development trajectory based on fossil fuel extraction has come at the expense of the environment, other non-oil industries, and human capital growth. Due to its lack of economic diversification, the country is highly vulnerable to transition risks, volatility of fossil fuel markets, and climate change. This note, produced in support of Azerbaijan’s ambition for green growth, identifies how increased...
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DETAILS
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2022/10/31
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Report
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176376
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1
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2022/11/01
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Disclosed
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Azerbaijan : Towards Green Growth - Issues Note
Citation
Eichberger,Sasa; Hajiyeva,Gulana Enar; Leow,Wei-Jen; Damianova,Adriana Jordanova; Golub,Elena Strukova; Govorukha,Kristina; Singh,Devika; Humbatov,Fuad; Bagirov, Fuad.
Azerbaijan : Towards Green Growth - Issues Note (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099015009262240807