EU to provide €5 million for municipal projects in Azerbaijan
Feb 14, 2026
Within the framework of the European Unions (EU) Covenant of Mayors for Climate and Energy, €5 million worth of projects will be implemented for municipalities in Azerbaijan, Maksym Vereshchak, Local Sustainable Development Coordinator for the Covenant of Mayors – East, Report informs.
Speaking during the event dedicated to the Covenant of Mayors – Eastern Partnership (CoM East), an EU-funded initiative, Vereshchak noted that support will be provided to six municipalities in Azerbaijan to prepare projects.
"We have carried out energy audits of residential and public buildings to bring the projects to a stage ready for financing. As a result, we now have 11 documents covering 11 buildings that can be presented to potential investors. The total value of these projects exceeds €5 million," he said.
The coordinator added that the projects will be implemented in Mingachevir, Khirdalan, Shaki, and Yevlakh. According to him, they include three residential buildings in Mingachevir, one school and one kindergarten in Khirdalan, three kindergartens in Shaki, two schools and one kindergarten in Yevlakh.
Vereshchak highlighted that the implementation of these projects is expected to save municipalities €200,000 annually, reduce electricity consumption by 3,300 megawatts, and cut carbon emissions by 660 tons per year.
LATEST
Feb 14, 2026
EU to provide €5 million for municipal projects in Azerbaijan
News
Within the framework of the European Unions (EU) Covenant of Mayors for Climate and Energy, €5 million worth of projects will be implemented for municipalities in Azerbaijan,
Feb 13, 2026
Nakhchivan spotlighted as key hub in EU-Azerbaijan partnership
News
A delegation led by the European Union (EU) Ambassador to Azerbaijan Marijana Kujundžić visited the Nakhchivan Autonomous Republic, underscoring the growing partnership between Azerbaijan and the EU.
Feb 09, 2026
Azerbaijan strengthens efforts to secure future of Trans-Caspian Transport Corridor
News
Azerbaijan expands initiatives to ensure long-term competitiveness of Trans-Caspian transport corridor, the Ministry of Digital Development and Transport told.
Feb 08, 2026
EU to host Covenant of Mayors for Climate and Energy in Azerbaijan's Nakhchivan
News
The European Union (EU) will host an event dedicated to the Covenant of Mayors for Climate and Energy in Azerbaijan's Nakhchivan, the EU Ambassador Marijana Kujundžić told
Feb 03, 2026
EU and Azerbaijan step up cooperation to boost investment and connectivity
News
EU and Azerbaijan step up cooperation to boost investment and connectivity
Feb 02, 2026
Latvian Chamber of Commerce unveils top areas of co-op with Azerbaijan (Exclusive)
News
The Latvian Chamber of Commerce and Industry (LCCI) assesses the current state of economic cooperation between Latvia and Azerbaijan as stable and steadily developing, with significant potential for further growth, LCCI Director of the European Union (EU) Projects Department, Līga Sičeva, said in an interview with Trend.
Jan 28, 2026
Azerbaijan, EU push for stronger economic cooperation
News
Azerbaijan’s Minister of Economy Mikayil Jabbarov held talks with Gert Jan Koopman, Director-General for Enlargement and Eastern Neighbourhood at the European Commission, focusing on strengthening economic cooperation.
Jan 27, 2026
Azerbaijan secures two new energy deals with Europe
News
Azerbaijan has secured two new energy supply agreements with Austria and Germany, reinforcing its position as a key supplier to Europe.
Jan 22, 2026
Azerbaijan, EU discuss development of transport and logistics infrastructure
News
Issues of developing economic relations between Azerbaijan and the European Union and realizing the existing potential have been discussed within the framework of the World Economic Forum 2026 held in Switzerland.
Jan 21, 2026
President Ilham Aliyev meets EU Commissioner Marta Kos in Davos
News
President of the Republic of Azerbaijan Ilham Aliyev met with the European Union Commissioner for Enlargement, Marta Kos, in Davos on January 21.
Jan 16, 2026
Caspian-Black Sea-Europe Green Energy Corridor will allow Italy to benefit from the electricity transmitted to the European market
News
The Caspian-Black Sea-Europe Green Energy Corridor, which will be commissioned in stages from 2032, will allow Italy to benefit from the electricity transmitted to the European market.
Jan 05, 2026
World Bank reveals main challenges regarding foreign direct investment in Azerbaijan
News
The World Bank has announced the main challenges related to foreign direct investment in Azerbaijan,
