• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00197 0%
  • TJS/USD = 0.09636 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00197 0%
  • TJS/USD = 0.09636 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00197 0%
  • TJS/USD = 0.09636 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00197 0%
  • TJS/USD = 0.09636 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00197 0%
  • TJS/USD = 0.09636 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00197 0%
  • TJS/USD = 0.09636 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00197 0%
  • TJS/USD = 0.09636 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00197 0%
  • TJS/USD = 0.09636 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%

Viewing results 1 - 6 of 137

Central Asia’s Green Energy Dream: Too Big to Achieve?

Although most Central Asian nations are heavily dependent on fossil fuel production and exports, they are aiming to significantly increase the use of renewable energy, hoping to eventually become crucial suppliers of so-called green electricity to Europe. Achieving such an ambitious goal will be easier said than done, given that developing the green energy sector in the region requires massive investment. What Central Asian states – struggling to attract long-term private capital into clean energy projects – need is financing for projects that modernize power networks, improve grid stability, and enable cross-border electricity flows. These upgrades are essential for large-scale renewable energy deployment and regional trade in power. Most actors in Central Asia seem to have taken major steps in this direction. In November 2024, at the COP29 climate conference held in Baku, Kazakhstan signed several deals worth nearly $3.7 billion with international companies and development institutions to support green energy projects. Neighboring Uzbekistan, according to reports, has attracted more than €22 billion ($23.9) in foreign investment in renewable energy, while Kyrgyzstan, Turkmenistan, and Tajikistan – which is aiming to generate all its electricity from green energy sources by 2032 – have developed strategies to help increase their renewable potential. But to turn their goals into reality, all these nations will need funding – whether from oil-rich Middle Eastern countries, China, the European Union, or various international financial institutions. Presently, the development of the Caspian Green Energy Corridor – which aims to supply green electricity from Central Asia to Azerbaijan and further to Europe – remains the region’s most ambitious project. According to Yevgeniy Zhukov, the Asian Development Bank's (ADB) Director General for Central and West Asia, this initiative is a strategic priority for Kazakhstan, Uzbekistan, and Azerbaijan. “While the prospect of exporting green electricity to Europe is part of the long-term vision, the core goal of the initiative is to accelerate green growth within the region,” Zhukov told The Times of Central Asia. Together with the Asian Infrastructure Investment Bank, the ADB is funding a feasibility study for this proposed transmission corridor. The study will assess the technical and economic viability of such a system, along with the environmental and regulatory requirements. In the meantime, the ABD is expected to continue funding other green energy projects in the region. The financial entity, according to Zhukov, invested $250 million in Uzbekistan in 2023 to support renewable energy development and comprehensive power sector reforms, while in other Central Asian countries, it remains “firmly committed to driving the green energy transition.” “For instance, in Tajikistan we are exploring the potential to co-finance the Rogun Hydropower Project alongside the World Bank and other international partners. In Kyrgyzstan, our focus has been on supporting foundational reforms in the energy sector, including strengthening the policy and regulatory environment to attract private investment in renewables. In Turkmenistan, we’ve launched a total of $1.75 million technical assistance initiative to help lay the groundwork for future renewable energy development,” Zhukov stressed, pointing out that these efforts are part...

Despite USAID Funding Cuts, Kyrgyzstan Plans to Reintroduce Goitered Gazelle at Issyk-Kul

Kyrgyzstan has launched an ambitious project to restore the population and natural habitat of the goitered gazelle on the southern shore of Lake Issyk-Kul, a region once home to these graceful creatures. Led by the Argali Public Fund, Ilbirs Fund, and the Gulistan farm, the reintroduction effort marks a significant step toward reversing the species' decline and restoring balance to the local ecosystem. Reviving a Lost Species The goitered gazelle, an elegant herbivore from the bovid family, was once abundant in the Issyk-Kul region. However, its population collapsed after the 1930s due to widespread poaching and the conversion of natural landscapes for agricultural and economic development. Today, the species is listed in Kyrgyzstan's Red Book of endangered species, making their conservation an urgent priority. Found across Central Asia — from Kazakhstan and Uzbekistan to Iran and beyond — the gazelle is integral to maintaining the balance of steppe and desert ecosystems. On the southern shore of Issyk-Kul, conditions remain favorable for the return of the goitered gazelle. However, decades of human activity and habitat loss have driven them away, leaving reintroduction as the most viable path to restoration. The project employs a “soft release” approach, starting with a semi-free adaptation phase. Animals are first acclimatized and allowed to breed in a controlled environment before being released back into the wild. This method reduces the risks associated with sudden release and ensures a higher survival rate. The Project in Action Currently, the Gulistan farm houses a herd of 43 gazelles. By the end of the year, the number is expected to grow to 60, with the first batch of 25 animals scheduled for release in 2025. Organizers aim to release an additional 15-20 gazelles annually, slowly building a self-sustaining wild population. If conservation measures, particularly anti-poaching efforts, prove successful, the gazelle population in Issyk-Kul could reach 500 within the next decade. Gazelles play an essential role in their environments, feeding on thorny and toxic plants that other species avoid. This behavior helps control invasive vegetation and supports the overall health of the ecosystem. Their presence also benefits predators such as wolves and snow leopards, creating a natural chain of biodiversity. Broader Impact on Biodiversity and Ecotourism The reintroduction of the goitered gazelle represents more than just species preservation; it is a step toward restoring the ecological integrity of the Issyk-Kul landscape. A thriving population of gazelles can boost biodiversity by fostering healthier, more balanced ecosystems. Their grazing patterns promote plant regeneration, which in turn supports a variety of other species, from insects to birds of prey. Furthermore, the project has significant potential to bolster Kyrgyzstan's ecotourism sector. Issyk-Kul is already a popular destination for outdoor enthusiasts, and the presence of rare and protected wildlife like the goitered gazelle could attract even more visitors. Eco-friendly tourism initiatives could offer guided safaris to observe the gazelles in their natural habitat, providing educational opportunities while generating revenue for local communities. President Japarov has underscored the importance of halting illegal hunting, urging communities to see...

Opinion – Central Asia’s Looming Water Crisis: A Ticking Time Bomb

When people think of Central Asia, they often picture vast deserts, ancient Silk Road cities, and oil pipelines stretching to distant markets. Yet the region’s most urgent and combustible resource is not buried underground — it flows above it. Water, or more precisely the lack of it, is rapidly becoming the defining fault line of Central Asia’s future. For decades, the five Central Asian republics have tiptoed around a growing water crisis. The two major rivers that sustain life in this arid region, the Amu Darya and the Syr Darya, are now so contested and depleted that what was once a technical issue has metastasized into a geopolitical threat. The region's major rivers, the Amu Darya and the Syr Darya are under immense pressure, threatening agriculture, livelihoods, and regional stability. At the heart of the crisis is a tragic irony. The upstream countries, Kyrgyzstan and Tajikistan, are rich in water but poor in energy and cash. They need to release water in winter to generate hydropower. Downstream nations, particularly Uzbekistan and Turkmenistan, want water stored until the summer to irrigate vast cotton and wheat fields. The result? Mutual distrust, occasional diplomatic spats, and an accelerating race to dam, divert, and hoard water in a region already gasping under the weight of climate change. A Region Parched Central Asia annually utilizes over 60 billion cubic meters of water for irrigation from the Amu Darya and Syr Darya basins. However, recent years have seen a decline in river flows, with the actual flow of the Syr Darya being 20–23% less than the norm. Further, the ghost of the Aral Sea — a once-thriving inland lake that has now shrunk by over 90% in its volume and 74 % in surface area — serves as a haunting reminder of the cost of mismanagement. The Soviet legacy of excessive irrigation has morphed into a post-Soviet scramble for control, where water is not just a tool of survival but a lever of power. This desiccation has transformed the region, leading to the emergence of the Aralkum Desert and causing severe ecological and health issues. Climate Change Intensifies the Crisis Climate change is exacerbating water scarcity in Central Asia. A recent study revealed that an extreme heatwave in March 2025, with temperatures soaring 5 to 10°C above pre-industrial levels, was significantly amplified by global warming. Such temperature surges accelerate glacier melt and increase evaporation rates, further reducing water availability. By some estimates, Central Asia could lose over 30% of its freshwater resources by 2050. Yet, rather than galvanize cooperation, this existential threat has sparked more competition. International efforts have largely fallen flat. The International Fund for Saving the Aral Sea (IFAS), the region’s main water cooperation body, is riddled with inefficiencies and lacks enforcement power. External actors like China and Russia have their own interests, often deepening the regional divide rather than healing it. Inefficient Water Management Inefficient agricultural practices remain one of the most profound and persistent contributors to water mismanagement across Central Asia. In...

Ecologists Warn Central Asian Dams May Threaten UNESCO Heritage Site

A coalition of international environmentalists is sounding the alarm over the impact of large-scale dam construction in Central Asia, warning that it could cause irreversible harm to the Western Tien Shan, a UNESCO World Heritage Site jointly shared by Kazakhstan, Kyrgyzstan, and Uzbekistan. Dam Projects Multiply Across Region According to a recent report by the coalition Rivers Without Boundaries, dozens of new hydropower projects are either in development or under construction across the region. The group says this wave of dam-building poses a significant threat to the unique ecosystems and biodiversity of the Western Tien Shan, which was inscribed on the UNESCO World Heritage List in 2016 due to its exceptional natural value. The report identifies more than five dams already constructed in recent years, with an additional 15 to 40 projects currently in the pipeline. These developments are affecting key river systems, including the Chatkal, Ugam, Pskem, and Aksu, which play a vital role in sustaining the region’s delicate ecological balance. Protected Areas Under Pressure Some of the most contentious projects are unfolding inside or near designated conservation zones. In Kyrgyzstan, a dam is planned within the Besh-Aral Nature Reserve, while gold mining activities have already degraded parts of the Chatkal River valley. In Kazakhstan, officials are considering a series of dams in Sayram-Ugam National Park. Uzbekistan is also pressing ahead with new hydropower schemes, including one on the Pskem River, drawing criticism from environmental advocates. “Short-term economic goals are being prioritized over the long-term need to protect this globally important natural area,” said Eugene Simonov, international coordinator of Rivers Without Boundaries. He urged UNESCO and the broader international community to intervene before further damage is done. Threats to Rare Species and Ecosystems Environmentalists argue that dam construction is fragmenting river systems and isolating animal habitats, particularly those of rare and endemic species. The snow leopard and several native fish species are among the wildlife at risk. Floodplain forests and wild fruit tree habitats, critical components of the area’s biodiversity, are also under threat. Alexander Kolotov, regional director of Rivers Without Boundaries, highlighted the dangers of building dams within protected national parks. “We are not properly measuring the impact on fish and river ecosystems,” he said. “If this continues, we could lose many species forever.” Legal and Diplomatic Concerns The group further contends that several dam projects may be violating international agreements, including the World Heritage Convention and the Espoo and Aarhus Conventions. These treaties require environmental impact assessments, public consultation, and cross-border cooperation, all of which may be lacking or inadequately implemented. Rivers Without Boundaries has formally petitioned UNESCO to add the Western Tien Shan to its List of World Heritage in Danger. The proposal is expected to be reviewed at the UNESCO World Heritage Committee session scheduled for July 2025. Previously, Evgeny Vinokurov, Vice-Chairman and Chief Economist of the Eurasian Development Bank, issued a stark warning about Central Asia’s looming water and energy crisis, noting that regional development must be carefully balanced with environmental protection.

EDB Chief Economist Outlines Central Asia’s Water Challenges and Proposes Solutions

Evgeny Vinokurov, Vice-Chairman and Chief Economist of the Eurasian Development Bank (EDB), presented a sobering assessment of Central Asia’s water and energy challenges at the Annual Meetings of the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) on April 23. The event, held in Muscat, Oman, featured a plenary session dedicated to sustainable water management and practical strategies for addressing mounting environmental pressures in the region. Shrinking Glaciers and Growing Demand Vinokurov unveiled findings from the EDB’s think tank research, which paint a stark picture: Central Asia’s glaciers have shrunk by 30% over the past 50 years, while water demand continues to rise. Despite this, much of the region's water infrastructure remains outdated and inefficient, resulting in a loss of 40-55% of available water. Additionally, 10 million people in Central Asia still lack access to safe drinking water. Without targeted intervention, annual water scarcity could reach 5-12 cubic kilometers by 2028. National Commitments and Regional Coordination The EDB report emphasized water conservation as a critical pillar in the region’s response to these challenges. Several countries are already pursuing large-scale water-saving initiatives: Kazakhstan plans to expand water-saving irrigation technologies to 150,000 hectares per year by 2030. Uzbekistan has committed to saving 15 billion cubic meters of water. Kyrgyzstan aims to construct 106 new reservoirs to secure water supply. “Central Asia’s water crisis cannot be solved in isolation,” said Vinokurov. “Our research provides a roadmap for efficiency, investment, and, most importantly, regional cooperation. This is why the water-energy nexus remains a strategic priority for our Bank, both in terms of investments and research.” Localizing Water Solutions The EDB, in partnership with the United Nations Industrial Development Organization (UNIDO), recently published a report titled Irrigation Equipment Production in Central Asia: Industrialising the Water Sector, calling for localized production of irrigation equipment to enhance water efficiency and reduce dependency on imports. Another key publication from the EDB, The Irtysh River Basin: Transboundary Challenges and Practical Solutions, focuses on the Irtysh River basin shared by China, Kazakhstan, and Russia. The report outlines increasing water demand across the basin and proposes measures for managing cross-border water resources through collaborative frameworks. Uzbekistan Joins the EDB On April 9, Uzbekistan became the seventh member of the Eurasian Development Bank, joining Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan. The move is expected to provide new avenues for Uzbekistan to modernize its infrastructure, particularly in the transport, energy, and water sectors, and support its broader industrial and agricultural development goals.

Kyrgyzstan’s UN Mission Opens Environmental Art Exhibition in New York

In honor of International Mother Earth Day, the Permanent Mission of the Kyrgyz Republic to the United Nations has opened an art exhibition in New York, highlighting the planet’s environmental challenges. The exhibition features works by young Kyrgyz artists that explore the intricate relationship between climate change, human development, and the natural world. Through a mix of paintings and installations, the artists aim to emphasize the environmental threats affecting global stability. [caption id="attachment_31162" align="aligncenter" width="900"] @mfa.gov.kg[/caption] Speaking at the opening, Aida Kasymalieva, Kyrgyzstan’s Permanent Representative to the UN, underscored the urgent need for intergenerational dialogue and collective responsibility in tackling environmental degradation. “Humanity must realize its shared duty to nature and future generations,” she said, calling for stronger efforts to reduce pollution, curb biodiversity loss, and increase funding for green initiatives. “This exhibition supports the Kyrgyz Republic’s broader commitment to environmental sustainability both nationally and internationally,” the Kyrgyz Foreign Ministry stated in a press release. “Kyrgyzstan is actively implementing programs to preserve mountain ecosystems, protect biodiversity, and transition to a green economy.” [caption id="attachment_31163" align="aligncenter" width="900"] @mfa.gov.kg[/caption] Kyrgyzstan has long sought to draw international attention to the unique vulnerabilities of mountain regions. Since the early 2000s, the country has positioned itself as a global advocate for highland communities, particularly in the context of climate resilience and sustainable development.