Article

Azerbaijan has acquired its first international carbon credits through the Hydro-3 project, a partnership between SOCAR Trading and AzerEnergy. The project, involving the Mirik and Garagishlag hydroelectric power plants in the Lachin district, was registered by Gold Standard on May 28, 2025.

On January 28, 2026, it received 10,745 carbon units, indicating a measurable reduction in greenhouse gas emissions from April 2024 to August 2025. This achievement underscores the effectiveness of Azerbaijan's green energy strategy and the recognition of the Karabakh region's renewable energy capabilities.