Past Events

Asia-Pacific Sustainable Trade Forum: Roundtable on CAREC Partnership for Trade, Climate, and Innovation

Held at the sidelines of Asia-Pacific Sustainable Trade Forum (21-23 May 2025), the Roundtable on CAREC Partnership for Trade, Climate, and Innovation (CPCIT), discussed the operationalization of the CAREC Declaration signed by CAREC Member Countries in Baku in November 2024 at the margins of COP29. Read the news article here. Event Materials Agenda (ENG | […]

Issuance of Sovereign and Private Sector Green/Climate Bonds: Lessons from the ASEAN

Background Finance is key to promoting the Sustainable Development Goals (SDGs). Green and sustainability bonds are a key instrument to finance environmentally friendly businesses and projects. The government, public-private partnerships (PPPs) and large private businesses can all tap the bond market. Banks can also refinance loans financing environmentally friendly businesses and projects by either securitizing […]

58th ADB Annual Meeting Side Event: CAREC Session on Trans-Caspian Connectivity: Unlocking Green Transport and Energy Corridors

A CAREC high-level session held on May 6, on the sidelines of ADB’s 58th Annual Meeting in Milan, Italy, gathered CAREC high-level officials, regional leaders, and experts, delving into the transformative potential of the Trans-Caspian connectivity, focusing on transport and green energy corridors. The Caspian Sea plays a strategic role in the CAREC region and presents […]

4th Meeting of CAREC Climate Change Working Group

Background and Objectives The CAREC Climate Change Action Plan (CCAP) 2025–2027 provides a framework to address climate change challenges and advance regional climate actions through enhanced coordination among CAREC sector committees and working groups. The plan focuses on four main thematic areas: Climate Risk, Preparedness and Health, the Water–Energy–Food Security Nexus, Low-Carbon Growth, and the […]

6th Meeting of the CAREC Working Group on Health

Background and Overview Fostering regional cooperation can facilitate dialogue and knowledge exchange, leverage economies of scale, harmonize regulations and standards, and develop joint regional approaches and mechanisms to address health challenges. To this end, the CAREC Working Group on Health (WGH) was established in March 2021 to guide CAREC health cooperation and implement the CAREC […]

The Caspian Link: Building Sustainable Bridges Across Eurasia—Powering the Caspian Green Energy Corridor from Source to Market: Stakeholders’ Roundtable Meeting

THIS MEETING IS BY INVITATION ONLY The governments of Azerbaijan, Kazakhstan, and Uzbekistan embarked on a transformative regional energy initiative with the signing of a Memorandum of Understanding (MOU) on 2 May 2024, marking the launch of the Caspian Green Energy Corridor Project. This pivotal project aims to enhance regional energy cooperation and lay the […]

CAREC Corridor 2 Development Strategy: Technical Consultation Meeting

The Central Asia Regional Economic Cooperation (CAREC) Corridor 2, which largely coincides with the Middle Corridor, is crucial for enhancing connectivity between Asia and Europe. However, CAREC Corridor 2 faces several challenges—from logistics constraints and infrastructure gaps to procedural bottlenecks—that need to be addressed to fully realize the Corridor’s potential. Investments in physical infrastructure to […]

2nd CAREC Working Group Meeting on Skills Development

Background Information Transitioning to a low-carbon economy comes with major policy challenges for many countries. These policy challenges span multiple sectors, including energy, transport, construction, industry, etc., affecting nearly every aspect of our lives. The transition to a low-carbon (green) economy requires a concerted effort to establish enabling policy frameworks, accessible green finance, and advance […]

Regional Consultation Meeting for the CAREC Trade and Investment Facilitation (CARTIF) Concept

As a part of a structured dialogue with CAREC member countries on the CARTIF initiative, the ADB is hosting the first virtual Consultation Meeting with the CAREC trade focal points to discuss the CARTIF Concept with the following objectives: Presenting an overview and discussing the complete draft of the CARTIF Concept; Reviewing and analyzing feedback […]

5th Technical Working Group Meeting on CAREC Advanced Transit System and Information Common Exchange (CATS/ICE) Pilot Phase Implementation

The 5th Technical Working Group Meeting on the CAREC Advanced Transit System and Information Common Exchange (CATS/ICE) Pilot Phase Implementation was held on 12-13 March 2025 at the WCO Regional Office for Capacity Building in Baku, Azerbaijan. Officials from Customs authorities, ministry of Economy, and representatives from the freight forwarding and insurance companies actively participated […]