On 14 March, the European Union and the United Nations Development Programme (UNDP) in Azerbaijan launched a new Mayors for Economic Growth Facility (M4EG). The M4EG Facility will run up to 2024.
The new Mayors Facility seeks to address challenges met by Azerbaijani cities, towns, and rural settlements before and during the pandemic, through learning, exchanges and strategic innovation. The municipalities will be supported in the process of designing Local Economic Development Plans and will get access to new capabilities and funding, including the Annual Portfolio Call for Interests and Annual Innovation Call for Proposals.
“Development of cities means a diversified economy and inclusive growth, higher incomes, less poverty, higher living standards, a healthier society and subsequently less disparities between regions and the capital city,” said Peter Michalko, European Union Ambassador to Azerbaijan. “There is no doubt that this Programme 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.”
The Mayors for Economic Growth Facility is part of the M4EG initiative, launched and funded by the European Union and implemented by the UNDP.
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