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3rd CAREC Water Pillar Working Group meeting highlights transboundary water investments, cooperation

CAREC member countries identified potential regional and subregional water investments and agreed next steps to strengthen transboundary water cooperation at the 3rd CAREC Water Pillar Working Group Meeting held in Almaty, Kazakhstan on 15-16 July. The meeting convened 66 representatives from Azerbaijan, Georgia, Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan, Uzbekistan, regional organizations, and development partners. […]

ADB convenes CAREC CSPPF Korea Outreach and Business Engagement Event in Seoul

On 9 July 2026, in Seoul, Republic of Korea (ROK), the Asian Development Bank convened the CAREC Climate and Sustainability Project Preparatory Fund (CSPPF) Korea Outreach and Business Engagement Event, with support from the Korea Development Institute’s Global Knowledge Exchange and Development Center. This event brought together over 80 participants from over 40 Korean companies, […]

ADB advances regional tourism cooperation under the Almaty–Bishkek Economic Corridor

On 26 June, in Bishkek, Kyrgyz Republic, the Asian Development Bank facilitated the Joint Kazakh–Kyrgyz Tourism Working Group Meeting under the Almaty–Bishkek Economic Corridor (ABEC). The meeting was aimed to review the updated ABEC Tourism Master Plan and to agree on priority actions for implementation. Kazakhstan and Kyrgyz Republic are rolling out a harmonized Accommodation Classification System, overseen by an Advisory Council that convened for the first time during the meeting. Also, they are […]

CAREC senior officials deliberate on 2026 priorities and future vision at the Ulaanbaatar meeting

Ministers and senior officials from CAREC member countries and development partners convened in Ulaanbaatar, Mongolia, on 11–12 June 2026 for the CAREC Senior Officials’ Meeting (SOM), chaired by the Government of Mongolia. Vice Minister Davaasuren Sodnomdarjaa of Mongolia’s Ministry of Economy and Development, CWRD Director General Leah Gutierrez, and EARD Director General Ehsan Khan underscored the […]

CAREC Countries Review Progress on Caspian Green Energy Corridor Project

On 12 May 2026 on the sidelines of Energy Week in Tashkent (Uzbekistan), the Asian Development Bank (ADB) organized a Working Group meeting for the Caspian Green Energy Corridor Project. This event was aimed to review the progress on the project’s ongoing feasibility study and brought together senior energy officials from Azerbaijan, Kazakhstan, and Uzbekistan.  The Country Director of ADB’s […]

CAREC organizes a regional workshop on Scaling Carbon Markets

On 8-9 October 2025, a regional workshop on  Scaling Carbon Markets: Lessons, Opportunities, and Regional Cooperation was held in partnership with the Climate Change, Resilience, and Environment Cluster of the Climate Change and Sustainable Development Department (CCSD). The event brought together government representatives and leading experts to discuss opportunities and challenges in developing carbon markets across the region. Participants underscored the importance […]

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