This project was implemented under European Union Grant Program to help the Ministry of Energy of Azerbaijan to create mechanisms that would remove the barriers to RE investment by making the current legislative framework fit for purpose in order to give project developers, particularly from the private sector, sufficient comfort to move ahead with the development of RE projects. The overall objective of the contract is to increase energy generation from sustainable and green sources. The specific objectives of the assignment are to create a legislative framework that would foster bankable RE investments in Azerbaijan as well as increase energy outputs from renewable sources. It is expected that increasing share of RE outputs will free volumes of natural gas currently use for thermal power generation and this natural gas will be usd instead for export as natural resource.
The project is implemented under EU Grant on “Support for the development of the regions”. The overall objective of the project is to improve business environment and increase opportunities in the rural areas for the potential entrepreneurs. The project aims at assisting the Ministry of Economy in the development of policies, legal and regulatory environment pertaining to special economic zones (industrial cities and business incubators). The project aims at development of policies and tools (KPIs) for measuring the success of industrial cities/business incubators and their residents, i.e. start-ups and MSMEs, preparation of procedures for determination of economic sectors which have clustering potential, providing guidance on conducting feasibility study and cost-benefit analysis for selected industrial cities/business incubators as well as on distribution of industrial enterprises in various economic regions, conducting capacity building and awareness raising for the Ministry of Economy.