• KGS/USD = 0.01131 0%
  • KZT/USD = 0.00227 0%
  • TJS/USD = 0.09156 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01131 0%
  • KZT/USD = 0.00227 0%
  • TJS/USD = 0.09156 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01131 0%
  • KZT/USD = 0.00227 0%
  • TJS/USD = 0.09156 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01131 0%
  • KZT/USD = 0.00227 0%
  • TJS/USD = 0.09156 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01131 0%
  • KZT/USD = 0.00227 0%
  • TJS/USD = 0.09156 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01131 0%
  • KZT/USD = 0.00227 0%
  • TJS/USD = 0.09156 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01131 0%
  • KZT/USD = 0.00227 0%
  • TJS/USD = 0.09156 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01131 0%
  • KZT/USD = 0.00227 0%
  • TJS/USD = 0.09156 -0.11%
  • UZS/USD = 0.00008 0%

Viewing results 1 - 6 of 14

EBRD Helps Improve Dushanbe’s Environment and Support Tajikistan’s Banking Sector

During a visit by Odile Renaud-Basso, President of the European Bank for Reconstruction and Development to Tajikistan, on 29-30 April, the EBRD committed funds to upgrade Dushanbe's  infrastructure,  develop sustainable transportation solutions , and  support for women’s entrepreneurship. The EBRD’s loan of up to €28.45 million will help improve  transportation  in the city’s riverside area through the reconstruction of roads and  a bridge across the Varzob River, as well as the construction of dedicated bus and trolleybus lanes, and purpose-built routes for walking, cycling, electric wheelchairs etc. “We are very pleased to sign this project with the authorities of Dushanbe,” commented EBRD's president. “They have been committed to the green agenda ever since the city joined the EBRD Green Cities programme in 2019.” The Dushanbe Green City Action Plan was developed in collaboration with the EBRD to address environmental and development issues affecting the 800, 000 residents of Tajikistan’s largest municipality. Investment to  promote a strategic shift from carbon-intensive, traditional transportation towards more eco-friendly, sustainable alternatives,  aims to reduce annual carbon dioxide emissions by 37 percent. Joined by the Chairman of the National Bank of Tajikistan, Firdavs Nazrimad Tolibzoda, Renaud-Basso then signed a memorandum of understanding to support the country’s development of the Women Entrepreneurs Finance Code. Representing  providers of financial services, regulators, development banks and other stakeholders, the WE Financial Code was formed to increase financial assistance to women-led micro, small and medium enterprises, and as a globally accepted multi-stakeholder approach, help eliminate constraints and gaps in financing women entrepreneurs in Tajikistan. The EBRD has now provided fresh funds and created new growth opportunities for women-owned and managed businesses in Tajikistan. Under the auspices of its Women in Business (WiB) programme for Central Asia, a loan of US$ 5 million (€4.6 million) has been granted  to one of the country’s largest lenders, Bank Arvand, alongside technical assistance to help the bank promote women’s entrepreneurship and business activity. In addition, and under the EBRD’s Trade Facilitation Programme, a limited loan of US$ 1 million (€0.9 million) was offered to country’s leading microlenders, MDO HUMO, to help local clients both import goods, services, and equipment, and export their products.    

USAID Aids Access to Safe Drinking Water in Tajikistan

A new water supply system to provide safe drinking water for more than 3,000 people across 455 households has been inaugurated in the village of Rohati in Tajikistan’s Rudaki District. Supported by the United States Agency for International Development (USAID), it is but one of the 12 communities now furnished with rehabilitated water supply systems through public-private partnerships. To ensure the project’s sustainability, USAID helped Rohati’s private water operator develop a sound business plan for its water system, introduced electronic billing, and assisted with the installation of water meters in households. Speaking at the opening ceremony on April 12, USAID Tajikistan Mission Director Peter Riley stated, “The U.S. Government believes that everyone has the right to safe drinking water. USAID strives to increase access to safe drinking water across all regions of Tajikistan. Access to safe drinking water is of critical importance to protecting public health, dignity, equity, and our environment and USAID is committed to that goal.” In the last five years, USAID has rehabilitated and constructed 30 drinking water supply systems throughout Tajikistan, providing more than 100,000 people with safe drinking water.

EBRD Helps Increase Reliability of Tajikistan’s Electrical Grid

An announcement was made on February 28th that the European Bank for Reconstruction and Development (EBRD) is to increase the reliability and sustainability of electricity supply in Tajikistan. The national transmission network operator Shabaqahoi Intiqoli Barq (SIB) will be awarded some €31 million, comprising two EBRD sovereign loans and an investment grant of up to €8 million to help restore the existing transformer and construct a new one at the Sugd-500 substation in the north of the country. The northern Tajikistan power system depends on the 500 kV Sugd-Dushanbe high-voltage line connected to the Sugd-500 substation. Once upgraded and expanded, the substation will allow for a more sustainable electrical grid able to meet domestic and export demands. It will also help SIB integrate up to 700 MW of renewables in line with Tajikistan’s 2030 National Development Strategy to diversify its energy production. In 2023, Tajikistan’s energy capacity exceeded 6,000 megawatts, and electricity production amounted to 22 billion kilowatt-hours; 4.8 billion kilowatt-hours or 28% more than in 2017. Addressing the issue last December, Tajik President Emomali Rahmon announced that the government was making sound progress in its strategy to establish a ‘green economy’. To achieve this goal, he explained that over the next seven years, Tajikistan aims to increase electricity exports to 10 billion kilowatt-hours, and by 2030, the construction of power plants employing renewable energy sources will increase the production of green energy to 1,000 megawatts. Looking ahead, the country aims to source all its electricity from renewable sources, primarily hydropower, by 2023.

One Health Nature Conservation Project Launches in Central Asia

The International Union for Conservation of Nature (IUCN) and its international partners have launched the One Health Central Asia project, aiming to mitigate the risk of zoonoses – diseases that are naturally transmissible from animals to humans – in Central Asia. The new initiative was announced on February 13th at the 14th Conference of the Parties to the Convention on Migratory Species of Wild Animals (CMS COP14) in Samarkand, Uzbekistan.  The risk of zoonotic diseases in Central Asia is exacerbated by biodiversity loss and changes in human-wildlife interactions. As part of the new initiative, IUCN and national and international partners, including all five Central Asian countries, will implement actions to prevent the emergence and spread of zoonotic diseases, IUCN reported on its website.  The experts will work to consolidate a fair and effective regional network of protected and conserved areas, strengthen conservation measures and wildlife management for disease risk mitigation, and promote the latest advancements in zoonosis research and technology.  Speaking at the launch ceremony, IUCN’s director general, Dr Grethel Aguilar, said that nature conservation can contribute to mitigating the risk of zoonotic disease outbreaks, and this important new initiative will strengthen the resilience of Central Asian landscapes, bringing numerous benefits to communities. “We will continue to support the governments here to build regional capacity to apply IUCN's tools and standards, including the IUCN Green List, best practices in species management, and the latest advancements in zoonosis research.”  Aziz Abdukhakimov, the minister of ecology, environmental protection, and climate change of Uzbekistan, commented that: “Over the past few years we have observed how the spread of zoonotic diseases like COVID-19 can have a global impact. This has resulted in entire countries being demobilized, transportation connections being disrupted, an increase in food security issues, and massive socio-economic consequences. We are committed to expanding regional cooperation for sustainable management of protected natural areas, preserving unique biological diversity, and contributing to the environmental balance in the Central Asian region, which will receive a significant boost through this project on One Health in nature conservation.”  Supported by a €11m contribution from the German Ministry for Environment, Nature Conservation, Nuclear Safety and Consumer Protection via the International Climate Initiative, this major regional initiative will spearhead the One Health approach in Central Asia over the next six years. The initiative, entitled Enhancing landscape resilience to zoonotic disease emergence by consolidating nature conservation systems in Central Asia, will focus on the interconnectedness of human, animal, and environmental health. "Obstacles to migration reduce the habitat available to migratory species. This phenomenon has been observed across Central Asia with species such as the Saiga, Wild Ass, and even those with relatively small ranges, like the Bukhara Deer,” said Amy Fraenkel, the executive secretary of the Convention on the Conservation of Migratory Species of Wild Animals (CMS), one of the international partners of the One Health Central Asia initiative. “In the diminished and fragmented habitats, migratory species of wild animals often find themselves in contact and competition with livestock for pasture and water...

Earthquakes Rekindle Fears Over Lake Sarez

On the evening of January 30th, an earthquake struck in the Gorno-Badakhshan Autonomous Province on the border between Tajikistan and Xinjiang. Though this instance only had a magnitude of 4.4, it comes in the wake of the magnitude 7 quake which pounded the China-Kyrgyzstan border on January 23rd, shaking buildings in Almaty. As recently as February 2023, a series of earthquakes, the largest measuring 6.8, hit forty miles west of Murgab on the border between Tajikistan and China’s Xinjiang province. This was the eighteenth such instance measuring 6.5 or more over the course of the last century, and serves to focus attention on extremely remote Lake Sarez in Tajikistan. [/vc_column_text][vc_single_image image="14212" img_size="full" el_class="scond-image" parallax_scroll="no" woodmart_inline="no"][vc_column_text woodmart_inline="no" text_larger="no"]Plan of Lake Sarez and the Usoi Dam, 1913 At five-hundred-meters deep and 47 miles long, mountainous Lake Sarez contains more than 3.85 cubic miles of water. It was formed in 1911, when a 2.2 billion cubic meter landslide caused by an earthquake with an estimated magnitude of 6.5-7.0 blocked the Bartang River’s path. The sound of the quake was recorded over 2,350 miles away at the Pulkovo seismic station near St. Petersburg. Thus, the tallest natural dam in the world, the three-mile long, 567-meter high Usoi Dam was formed, whilst the villages of Usoi and Sarez were buried beneath the landslide and the lake, respectively, killing 302 people. According to the two survivors, the dust clouds cleared only after some days to reveal a mountain where the village of Usoi used to stand. The lake has been a potential disaster waiting to happen ever since. In 1968, a landslide caused two-meter-tall waves to rock the lake, and with glacial melting causing water levels to rise by eight inches a year, pressure on the natural dam is building. As early as the 1970s, plans were hatched to harness the lake as a hydroelectric power station, but technical issues and its far-flung location saw the scheme come to nothing. In 2018, a deal was signed with Hong Kong-based Heaven Springs Harvest Group to sell the lake’s “blue gold” as drinking water, but inaccessibility again largely scuppered the project.[/vc_column_text][vc_single_image image="13414" img_size="full" el_class="scond-image" parallax_scroll="no" woodmart_inline="no"][vc_column_text woodmart_inline="no" text_larger="no"]Murgab Bazaar, Gorno-Badakhshan - Photo: Times of Central Asia Back in 1997, a gathering of experts in Dushanbe concluded that the Usoi Dam was unstable. Their findings suggested that a powerful earthquake could precipitate a collapse of the dam. However, a study conducted by the World Bank in 2004 contradicted these conclusions, arguing that the dam was, in fact, stable. Nevertheless, the main threat identified was not the dam's general stability but a specific geological feature - a partially detached mass of rock, approximately 0.72 cubic miles in size. There are concerns that this precarious massive rock formation could detach and plunge into the lake. This event could trigger a catastrophic flood, and, as such, while the dam itself may be stable, the potential for disaster still looms large. In this earthquake-prone environment, were the dam to be breached a tidal...

Ambitious Program to Plant 65 Million Trees and Shrubs Launched

As part of the National Program, "Green Country," Tajikistan intends to plant 65 million trees and shrubs on an area spanning over 4,000 hectares by 2025.  Special attention will be paid to the planting of fruit trees, rosehip and pine. This ambitious initiative is designed to improve the state of the environment, which has been suffering in recent years due to both natural and human impacts. The program is also aimed at combating global climate change and developing green energy, which will improve the quality of the environment and public health. It is reported that financing in the amount of 129,875,000, somoni ($11.8 million) is to be provided for the implementation of the Green Country program, which will comprise two stages: the first will executed from 2023 to 2025, and the second from 2026 to 2027.

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