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The Baku Stock Exchange and AZCHEMCO signed a Memorandum of Cooperation at the COP29 conference

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The Baku Stock Exchange and AZCHEMCO signed a Memorandum of Cooperation at the COP29 conference

On November 12, 2024, at the COP29 conference, “Baku Stock Exchange” JSC and “AZCHEMCO” LLC signed a Memorandum of Cooperation on financing through capital markets, including the issuance of green bonds.

Oku.Az informs that the purpose of signing the document is to ensure relations of cooperation and partnership between the parties in areas of mutual interest.

The memorandum provides for the sustainable development of the company through the capital markets and the support of the Baku Stock Exchange in this regard.

For your information, we inform you that the company “AZCHEMCO” LLC presents at COP29 an innovative project related to the restoration of saline soils in Azerbaijan. An innovative project to convert salinized land into cropland will help reduce agriculture’s impact on climate change.

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