Climate Finance in Central Asia

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Other regional climate-relevant projects Hydrometeorology and disaster risk reduction Over the past 10 years, the World Bank has implemented the Central Asia Hydrometeorology Modernization Project (CAHMP) with financing of $39 million aimed at improving the accuracy and timeliness of hydrometeorological services, with a particular focus on the Kyrgyz Republic and Tajikistan. By 2020, the project helped fully automate meteorological stations in Tajikistan, upgrading manual observations and enhancing hydrological and agrometeorological monitoring. It assisted in meteorological network rehabilitation and increased automation in the Kyrgyz Republic and supported other countries in improving skills and technical capacity in weather forecasting. In addition to country-level support, the project implements a flow forecasting and flood warning system for the Amu Darya and Syr Darya basins and Central Asia flash flood guidance system and contributes to regional information exchange. GFDRR, managed by the World Bank, is supporting regional disaster risk reduction efforts. Energy, transport and water The Central Asia Water and Energy Development Programme (CAWEP) is a partnership between the World Bank, the European Union, Switzerland and the United Kingdom. It promotes energy and water security at the regional level and in the beneficiary countries. Since its inception in 2009 it has helped in diagnostic analyses and water and energy information systems, strengthening institutions, and supporting investments in energy and water. Central Asia Regional Economic Cooperation (CAREC) is a partnership of 11 countries, including all five Central Asian countries, and development partners working together on connectivity, energy, trade, tourism and other areas. Since its inception in 2001, CAREC has mobilized more than $37 billion in investments. Of this, $14 billion has been financed by ADB; $14.8 billion by other development partners including the World Bank, the Islamic Development Bank, and the European Bank for Reconstruction and Development; and $8.2 billion by governments. It aims to achieve a reliable, sustainable, resilient and reformed energy market by 2030. Science support to decision making The new regional GEF and Adaptation Fund projects implemented by UNESCO target regional improvements in glacier monitoring and preparedness for, and response to, the risk of glacial lake outburst floods. In January 2020, Germany launched a new regional initiative “Green Central Asia”, with focus on climate and security. Via GIZ , it will support countries in assessing the impacts of climate change and in taking preventive measures. German organizations will assist in snow cover and water assessments, climate impact analysis and science-policy links.

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Climate Finance in Central Asia by Zoï Environment Network - Issuu