EU and UNDP launch new Mayors for Economic Growth Facility in Azerbaijan
Mar 16, 2022
The new Mayors Facility seeks to address challenges met by cities in the EaP region during the pandemic crisis and pronounced beforehand. Working closely with local authorities and communities, the M4EG Facility will explore innovative approaches to development, and practices to serve as a platform to empower municipalities, cities, towns, and rural settlements through learning, exchanges and strategic innovation.
“Under the Mayors for Economic Growth Program, different cities in Azerbaijan will be supported in the process of designing Local Economic Development Plans. Development of cities means a diversified economy and inclusive growth, higher incomes, less poverty, higher living standards, a healthier society and subsequently fewer disparities between regions and the capital city. There is no doubt that this Program will contribute to the further development of the “strong partnership” between the EU and the Government of Azerbaijan and most importantly the mayors of the cities”, said Peter Michalko, European Union Ambassador to Azerbaijan.
“Cities play an important role in the economy of Europe and Central Asia countries and the pandemic has most recently surfaced their vulnerability, the need for heightened resilience and is likely to have a long-term impact on structural aspects, spatial distribution and organization of cities. These complex challenges require new models and modes of thinking, that rely on understanding the complexity and a continuous process of exploration, and bold goals. Today we embark on a new journey with our strategic partner, the European Union, to support city municipalities of Azerbaijan to develop and implement their plans that will benefit their communities in the years to come”, said UNDP Officer-in-Charge to Azerbaijan, Sukhrob Khojimatov.
Both current and future members of the M4EG will benefit from training and knowledge exchange activities focused on the development of innovative growth strategies that are highly contextualized and built on local ecosystems. The EU and UNDP will support them in developing a new generation of local economic development plans, promoting strategic thinking, and building urban resilience. Local authorities will have access to new capabilities and funding, including the Annual Portfolio Call for Interests and Annual Innovation Call for Proposals.
LATEST
Jul 30, 2026
Share of EU countries in Azerbaijan’s total exports exceeds 49 percent
News
In the first six months of the current year, Azerbaijan exported $8.0438 billion worth of goods to European Union countries, representing an 11% decline ($994.93 million) compared to the same period last year.
Jul 29, 2026
Polish business representatives to visit Azerbaijan
News
In November this year, representatives of Polish business are scheduled to take part in a trade mission to Azerbaijan.
Jul 27, 2026
Newly established Azerbaijan-Netherlands Chamber of Commerce inaugurated in The Hague
News
The newly established Azerbaijan-Netherlands Chamber of Commerce was inaugurated in The Hague during an official reception organized by the Embassy of the Republic of Azerbaijan on the occasion of 28 May – Independence Day, Report informs.
Jul 27, 2026
Bank Respublika secures €22 million from EFSE
News
New agreement between Bank Respublika and EFSE will expand access to finance for businesses
Jul 22, 2026
Azerbaijan-Germany Business Council to serve as platform for new cooperation opportunities
News
During the official visit of President of Azerbaijan Ilham Aliyev to Germany, the “Joint Declaration on the Establishment and Activities of the Azerbaijan-Germany Business Council” was signed.
Jul 21, 2026
Trade Mission to Baku (Azerbaijan) - September 28 to October 1, 2026
News
The Belgian-Azerbaijani Chamber of Commerce (BELGAZERCOM) is pleased to invite you to participate in an exclusive trade mission to Baku, the vibrant capital of the Republic of Azerbaijan.
Jul 09, 2026
Bank Respublika Secures EUR 15 Million from Finnfund to Support Green Finance and MSMEs in Azerbaijan
News
Bank Respublika and Finnfund Sign a Major Credit Agreement
Jul 02, 2026
EU launches connectivity and communities support programmes
News
EU launches connectivity and communities support programmes for peace in the South Caucasus
Jul 02, 2026
EU sees Azerbaijan as cornerstone of energy and trade strategy
News
Relations between Azerbaijan and the European Union appear to be entering a new and more consequential phase
Jul 01, 2026
Von der Leyen intends to deepen EU's partnership with Azerbaijan
News
European Commission President Ursula von der Leyen has announced plans to deepen the partnership between the European Union and Azerbaijan in a number of key areas.
Jun 09, 2026
EU names restoration of Nakhchivan railway as key investment project
News
The European Union considers the restoration of railway infrastructure in the Nakhchivan Autonomous Republic one of its key investment projects in Azerbaijan, Victor Bojkov, Head of Cooperation at the EU Delegation in Azerbaijan,
Jun 06, 2026
EBRD regional report: increases in global energy prices could generate a revenue windfall for Azerbaijan
News
Azerbaijan’s economy has lost momentum in the past year, with declining hydrocarbon output pushing the economy into contraction in early 2026, according to the latest edition of a flagship economic report by the European Bank for Reconstruction and Development (EBRD), published on 3 June.
