News

Clean and energy efficient heating initiative for ger area residents gets boost with additional financing from the World Bank

The World Bank Board of Executive Directors approved $12 million in additional financing for the Ulaanbaatar Clean Air Project.

ADB supports Uzbekistan in harnessing indigenous hydropower resources

The Asian Development Bank (ADB) has approved a $60 million loan to construct hydropower plants capable of adding 25 megawatts capacity, which will help the Government of Uzbekistan achieve its goal of diversifying the country’s energy mix through greater use of clean energy sources and lowering carbon emissions.

EBRD and Green Climate Fund commit up to $6.4 million to finance new solar plant in Kazakhstan

The EBRD, in partnership with the Green Climate Fund (GCF), is stepping up its efforts to support renewables in Kazakhstan with a loan of up to $6.4 million to finance a new 10 MW solar plant in the Zhanakorgan District in southern Kazakhstan.

ADB vice-president reaffirms commitment to Uzbekistan’s development

Asian Development Bank (ADB) Vice-President Diwakar Gupta reiterated ADB’s support for the government’s development and reform agenda during his 2-day visit to Uzbekistan.

CAREC countries move a step closer to regional energy market after historic ministers’ meeting in Uzbekistan

Nine countries in Central and West Asia signed a historic declaration that will accelerate cross-border cooperation on energy issues and move the region a step closer to the creation of a regional energy market.

EBRD extends renewable energy program for Kazakhstan

The EBRD is pledging fresh funds to support Kazakhstan’s drive as a regional leader to promote renewable energy, with the help of a second phase of the Bank’s Kazakhstan Renewables Framework of up to €300 million.

‘Regional cooperation to be a key theme in ADB’s new country partnership strategy for Pakistan’

A conversation with Safdar Parvez, director, Regional Cooperation and Operations Coordination Division, Central and West Asia Department, Asian Development Bank revolved around the CAREC Program and other regional trade, infrastructure and transport related issues.

New project aims to help improve access to electricity in Tajikistan’s remote regions

To ensure access to electricity for vulnerable communities in Tajikistan’s remotest regions along the western foothills of the Himalayas, the World Bank’s Board of Executive Directors approved the financing of $31.7 million for the Tajikistan Rural Electrification Project.

ADB, Pakistan discuss new partnership strategy to drive economic growth

Asian Development Bank (ADB) and the Government of Pakistan held a series of country consultations to formulate a new Country Partnership Strategy, which will guide ADB’s engagement in the country from 2020 to 2024.

Tajikistan delegation participates in CAREC meeting in Tashkent

The Tajikistan delegation comprised senior officials from the Ministry of Transport and the Ministry of Energy and Water Resources.