On 1 May 2026, the Cabinet of Ministers adopted Resolution No. 126 approving the National Green Taxonomy of Republic of Azerbaijan, establishing a unified classification framework for environmentally sustainable economic activities. The taxonomy forms part of broader state policy aimed at supporting the transition to a green and low‑carbon economy and requires relevant public entities to take measures for its implementation.
The taxonomy introduces a structured system for identifying “green” activities across key sectors, including renewable energy, energy efficiency, water management, pollution prevention, circular economy, and sustainable agriculture. It provides technical screening criteria and assessment steps to determine whether an activity makes a substantial contribution to environmental objectives while avoiding significant harm and meeting minimum social safeguards.