Risk management and insurance mechanisms for the Green Energy Corridor project were discussed

A panel session dedicated to the project's risks, insurance, and bankability was held within the Caspian-Black Sea-Europe Green Energy Corridor Forum. Matthew Bryza, Managing Director of Straife, Taleh Yunsurov, Deputy Chairman of the Management Board of Gala Insurance, Nijat Rasulov, Chief Risk Officer and Board Member of PASHA Insurance, and Irsen Pak, Associate Director of KPMG attended at the session, moderated by Stuart Broad, Senior Vice President of Power and Energy at Marsh McLennan.

Risks that may arise during the implementation of large-scale cross-border energy infrastructure projects, their allocation among project participants, insurance solutions, and the demands of international creditors were discussed at the session. The importance of risk management and insurance coverage for the future financing of the corridor and the adoption of investment decisions was noted at the session.