World Bank plans $500 million for Baku environment and infrastructure project

The World Bank plans to allocate $500 million for the Livable Baku project, aimed at improving quality of life and strengthening resilience to climate threats in Greater Baku, Report.az reports. The project is expected to be appraised by October 26, 2026, while its approval by the Board of Directors is scheduled for February 18, 2027. Financing will be provided through the International Bank for Reconstruction and Development, part of the World Bank Group. The total cost is $591.25 million, including $91.25 million from the Azerbaijani government.

The project has three mutually reinforcing investment components and a project management component. The first covers solid waste management in Baku and the Absheron district, including sanitary landfills and sorting facilities. The second focuses on remediating three natural lakes - Zigh, Khojasan and western Boyuk Shor - and oil-contaminated sites. The third strengthens state institutions' capacity in urban planning, land management and solid waste reforms.