• KGS/USD = 0.01149 0.87%
  • KZT/USD = 0.00201 0%
  • TJS/USD = 0.09176 0.33%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28573 -0.14%
  • KGS/USD = 0.01149 0.87%
  • KZT/USD = 0.00201 0%
  • TJS/USD = 0.09176 0.33%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28573 -0.14%
  • KGS/USD = 0.01149 0.87%
  • KZT/USD = 0.00201 0%
  • TJS/USD = 0.09176 0.33%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28573 -0.14%
  • KGS/USD = 0.01149 0.87%
  • KZT/USD = 0.00201 0%
  • TJS/USD = 0.09176 0.33%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28573 -0.14%
  • KGS/USD = 0.01149 0.87%
  • KZT/USD = 0.00201 0%
  • TJS/USD = 0.09176 0.33%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28573 -0.14%
  • KGS/USD = 0.01149 0.87%
  • KZT/USD = 0.00201 0%
  • TJS/USD = 0.09176 0.33%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28573 -0.14%
  • KGS/USD = 0.01149 0.87%
  • KZT/USD = 0.00201 0%
  • TJS/USD = 0.09176 0.33%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28573 -0.14%
  • KGS/USD = 0.01149 0.87%
  • KZT/USD = 0.00201 0%
  • TJS/USD = 0.09176 0.33%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28573 -0.14%

Viewing results 1 - 6 of 46

Biodiversity Experts Tell Banks to Halt Projects That Endanger Central Asia’s Rivers

On March 14, World Rivers Day of Action, international environmental organizations issued a stark warning about the future of Central Asia’s key rivers and lakes. A coalition, including Rivers without Boundaries, International Rivers, Friends of the Earth US, Urgewald, and CEE Bankwatch Network, called on major international development banks to reconsider their funding policies for hydropower projects. According to environmentalists, Central Asia already has more than 300 large dams, with over 200 additional projects either planned or under construction, many with financial backing from international banks. In a joint statement addressed to the World Bank, the European Bank for Reconstruction and Development, the European Investment Bank, the Asian Development Bank, the Eurasian Development Bank, the Islamic Development Bank, and the Asian Infrastructure Investment Bank, the groups expressed concern over the rapid expansion of dams in the region. They argue that these hydropower projects are fragmenting rivers, destroying natural habitats, and violating human rights. Despite UNESCO World Heritage protections and other conservation measures, environmentalists warn that increased international funding for both large and small hydropower projects could irreversibly damage Central Asia’s rivers. A newly published map by Rivers without Boundaries identifies the region’s most valuable and vulnerable freshwater ecosystems. If all planned projects are completed, nearly all of Central Asia’s river systems will be fragmented, including those that remained untouched during Soviet-era hydroengineering efforts. “Dams and reservoirs in Central Asia are often presented as necessary for water conservation and energy development,” said Evgeny Simonov, international coordinator of Rivers without Boundaries. “However, global experience shows that this approach is often economically inefficient and environmentally destructive.” Andrey Ralev, a biodiversity specialist at CEE Bankwatch Network, emphasized the severe impact of hydropower projects on the Amu Darya and Syr Darya rivers, which have already contributed to the Aral Sea crisis. “Their mountain tributaries still support unique biodiversity. Development banks should support their protection, not finance destructive hydropower projects,” he said. Katharina Lu, a senior manager at Friends of the Earth US, highlighted the growing impact of climate change and biodiversity loss on river ecosystems and local communities. “International development banks must stop blindly supporting hydropower and instead consider decentralized energy solutions with less environmental impact,” she said.  

Securing Central Asia’s Future: EBRD’s Regional Head on the Fight for Water Sustainability

Every fourth inhabitant of Central Asia, home to more than 83 million people, does not have regular access to safe drinking water. The region spans more than four million square kilometers, and over 15% of its territory is covered by the Karakum and Kyzylkum deserts, as well as waterless places such as the Ustyurt Plateau (similar in size to the United Kingdom), which stretches across Kazakhstan, Uzbekistan, and Turkmenistan. The extreme heat common to Central Asia in summer makes water a precious resource. To make matters worse, irresponsible human activity, particularly wasteful water use for irrigation, has led to one of the most devastating ecological catastrophes globally. The Aral Sea, where up to 60,000 tonnes of fish were caught annually only 30 years ago, has practically ceased to exist. Most of Central Asia’s freshwater intake relies on glacial melts affected by global warming.  The World Resources Institute forecast in its 2023 Aqueduct Water Risk Atlas that an additional one billion people globally will live with extremely high water stress by 2050. This will disrupt economies and agricultural production. Most Central Asian countries will be severely affected. While the European Bank for Reconstruction and Development (EBRD) cannot reverse the global warming process or tackle its impacts alone, it can certainly contribute to climate change mitigation efforts, securing better water access, and promoting its rational use. There is frequently no water supply or water treatment infrastructure in rural areas of the regions where it invests.  Most municipal water supply and treatment utilities across Central Asia have not seen much investment or refurbishment over the last 30 years. The EBRD has been working to address this issue, and many of its investment projects are already impacting people’s lives. [caption id="attachment_29070" align="aligncenter" width="1600"] Image: EBRD[/caption] In Kazakhstan, the Bank’s work with Vodnye Resoursy Marketing (VRM)/Shymkent water company, the country’s only privately owned municipal water utility, perfectly illustrates why the EBRD is such a strong advocate of private-sector involvement in the provision of municipal services. Over many years, we have enjoyed excellent cooperation with this company, which has translated into high-quality water supply services for more than 1.2 million residents of Shymkent. It has become a benchmark for the region for its effective and efficient operations. Thanks to VRM’s efforts, with 1.2 million residents, Shymkent became the first city in Kazakhstan to install a water meter for every consumer. User habits have changed: personal daily water consumption has decreased from 456 liters 27 years ago to 150 liters. The water savings achieved during this period will enable Shymkent to meet the needs of its population for another 20 years.  The EBRD started working with VRM in 2009 and has financed five projects totaling €60 million. With the Bank’s financial assistance, VRM has introduced an automated network monitoring system, improved power supply at twelve pumping stations, constructed eleven electrical substations, and built a European Union standards-compliant biogas facility (the only one of its kind in Central Asia), which helps VRM to meet all of its thermal...

Tajikistan Leads Central Asia in Energy Transition Index

Tajikistan has secured the top position among Central Asian countries in the World Economic Forum’s (WEF) annual Energy Transition Index (ETI). Ranking 71st out of 120 nations, Tajikistan achieved a score of 53.6. This performance places Tajikistan ahead of its regional neighbors, including Kyrgyzstan, which ranked 80th with a score of 52.7, and Kazakhstan, which came in 98th with 50.1. Uzbekistan and Turkmenistan were not included in the ranking. The ETI evaluates global energy systems based on two primary criteria: Energy system efficiency (60% weighting); and readiness for a sustainable energy transition (40% weighting). Key factors influencing scores include energy affordability, sustainability, innovation, infrastructure, policy support, and investment activity. While Tajikistan’s score of 53.6 was slightly below the global average of 56.5, it outperformed many other nations in Central Asia. Globally, Northern European countries dominated the rankings. Sweden led the index with 78.4 points, followed by Denmark (75.2) and Finland (74.5). Among the Commonwealth of Independent States (CIS) and Caspian countries, Azerbaijan ranked highest, securing 38th place with a score of 60.3. The Times of Central Asia previously reported on Tajikistan’s decision to rejoin Central Asia’s unified energy system. Originally established in 1960, the system interconnected the power networks of Uzbekistan, southern Kyrgyzstan, northern Tajikistan, and southern Kazakhstan’s Shymkent region. These systems were linked by 110- and 220-kilovolt power lines and operated independently of the Soviet Union’s central energy network. Tajikistan’s leadership in the Energy Transition Index reflects its ongoing commitment to energy sustainability and regional collaboration.

Fossil-Fuel Rich UAE Drives Central Asia’s Green Energy Transition

Central Asian nations, especially Kazakhstan and Uzbekistan, are seeking to develop closer ties with the oil-rich United Arab Emirates. What they need from the Gulf state is not fossil fuels, but renewable energy technology and investment in their green energy sectors. Despite being a significant oil-exporter, the UAE has managed in recent years to position itself as a regional leader in solar energy and photovoltaic solar projects. As a result, it now has global aspirations in the renewable energy industry. The Gulf country, through its semi-government-owned company, Masdar, has already invested billions of dollars in the construction of wind farms and solar plants all over the world – from the Bahamas and Barbados to Australia, as well as several African and European nations. Central Asia is no exception. In the region, the green energy giant is particularly active in Uzbekistan and Kazakhstan. It is, therefore, no surprise that, on January 14, two regional leaders, Shavkat Mirziyoyev and Kassym-Jomart Tokayev, were major guests at the Abu Dhabi Sustainability Week, a global platform focused on accelerating sustainability efforts. [caption id="attachment_27597" align="aligncenter" width="1280"] President Tokayev of Kazakhstan speaking at the Abu Dhabi Sustainability Week; image: TCA, Nikola Mikovic[/caption] Their visit to the UAE signals a strong push for a green energy transition at home. For Tashkent and Astana, cooperation with Abu Dhabi in the field of green energy can help them to achieve their ambitious goals and reduce reliance on fossil fuels, despite both being significant producers of natural gas and oil. “Together with our foreign partners, we are currently implementing more than 50 large energy projects worth a total of $26 billion,” Mirziyoyev stressed, pointing out that by 2030, the share of renewable energy sources in the country will reach 54%. [caption id="attachment_27593" align="aligncenter" width="2560"] President of Uzbekistan, Shavkat Mirziyoyev backstage at the Abu Dhabi Sustainability Week; image: TCA, Nikola Mikovic[/caption] In his view, Central Asia should turn into a “center of green economy.” The Director-General of the International Renewable Energy Agency (IRENA), Francesco La Camera, seems to share this stance. “Central Asia can play a stronger and leading role in the global energy transition. I’m confident this new partnership can accelerate the pipeline of renewable energy projects and drive green industrialization,” La Camera said at the 15th session of the IRENA Assembly, held in the UAE capital two days prior to the meetings Mirziyoyev and Tokayev had with the UAE’s leaders. According to the Uzbek President, Tashkent is interested in jointly realizing the potential of Central Asia in solar, wind, and hydro energy, as well as in developing the production of green hydrogen. Fully aware of the Central Asian state’s green energy potential, Masdar is committed to investing $2 billion in Tashkent’s clean energy projects with a total capacity of more than two gigawatts. In the most populated Central Asian nation, the UAE’s semi-state-owned company is already involved in the construction of both solar plants and wind farms. [caption id="attachment_27594" align="aligncenter" width="2560"] Abdulaziz Alobaidli, Masdar’s Chief Operating Officer, at the Abu...

Central Asia Tackles Plastic Pollution with Bag Ban Initiatives

Globally, an estimated 5 trillion plastic bags are used every year. These bags take approximately 1,000 years to decompose in landfills and do not fully break down. Instead, they photodegrade into microplastics, which absorb toxins and continue to pollute the environment. Recognizing the urgency of this issue, Central Asian countries are committing to phasing out plastic bags, each pursuing distinct approaches. Uzbekistan Uzbekistan plans to introduce a draft national program to reduce plastic pollution for 2025–2027. This initiative is part of the draft State Program for the Implementation of the Strategy "Uzbekistan-2030" in the Year of Environmental Protection and Green Economy, currently under public discussion. The proposal includes: A ban on the production, import, and use of plastic bags starting in 2027. Promoting environmentally friendly, biodegradable packaging. Regulating harmful chemicals in plastic products. Encouraging recycled plastic use in packaging through established coefficients. The draft program is expected to be developed by September 2025 and submitted to the Cabinet of Ministers by November 2025. A related draft presidential decree outlines additional measures, such as: Developing legislation requiring manufacturers and importers of plastic packaging to collect and dispose of plastic waste. Establishing collection and disposal facilities. Imposing a disposal fee for plastic waste by November 1, 2025. Kazakhstan Kazakhstan had initially planned to ban plastic bags by 2025. However, the Ministry of Ecology and Natural Resources determined that the country is not yet prepared for this transition. Research reveals a significant gap: while the consumption of plastic tableware and packaging exceeds 430 million pieces annually, the production of alternative materials is limited to only 10 million pieces. This disparity highlights the urgent need to develop sustainable packaging solutions before implementing a comprehensive ban. Kyrgyzstan Kyrgyzstan is set to ban the use of polyethylene bags and plastic nationwide starting January 1, 2027. The Law on Limiting the Circulation of Polymer Film and Plastic Bags in the Territory of the Kyrgyz Republic, signed by President Sadyr Japarov in 2023, outlines penalties for violations: For citizens: Fines of 10,000 KGS (approximately $114.90). For legal entities: Fines of 28,000 KGS (approximately $321.80). Warnings will be issued for first-time violations involving the free distribution of plastic bags. Subsequent violations will incur fines: For legal entities: 5,000 KGS (approximately $57.40). For individuals: 1,000 KGS (approximately $11.40). Tajikistan Tajikistan will implement a ban on the import and use of plastic bags starting January 1, 2025. To support this transition, authorities have focused on developing environmentally friendly packaging alternatives made from materials such as cardboard, paper, fabric, ceramics, and biodegradable polymers.   These varied approaches reflect the commitment of Central Asian countries to tackling the global challenge of plastic pollution. By balancing environmental priorities with practical considerations, these nations aim to create a cleaner, more sustainable future.

AIIB Commits $500 Million to Tajikistan’s Rogun Hydropower Project

The Beijing-based Asian Infrastructure Investment Bank (AIIB) has approved a multiphase program totaling $500 million, including an initial Phase 1 loan of $270 million, to support Tajikistan’s flagship Rogun Hydropower Plant (HPP) project. The announcement was made on January 6, following the financing approval on December 19, 2024. The Rogun HPP, located on the Vakhsh River — a tributary of the Amu Darya River — lies 110 kilometers from Dushanbe, Tajikistan’s capital. With a designed generation capacity of 3,780 MW, a 335-meter-high dam, and a reservoir spanning 170 square kilometers, the Rogun HPP is expected to deliver improved electricity access to around 10 million people. It aims to address Tajikistan’s chronic winter power shortages and position the country as a key regional energy supplier. The project is co-financed with the World Bank, with potential contributions from a global consortium of donors. It seeks to enhance the supply of clean, affordable, and climate-resilient hydropower, with the potential to export electricity to neighboring Central Asian countries. As Central Asia’s energy demand is projected to grow by 40% by 2030 and triple by 2050, the Rogun HPP will play a pivotal role in increasing reliability and reducing the cost of electricity supply across the region. Konstantin Limitovskiy, AIIB Chief Investment Officer, commented on the significance of the project, stating: "This project will significantly contribute to the green energy transition and energy security of Central Asia. Investing in sustainable energy infrastructure is not merely about meeting today’s demands, but about empowering future generations with clean, reliable power that drives transformative growth, strengthens resilience, and unlocks the full potential of the region." Tajikistan ranks eighth globally in hydropower potential, yet only about 4% of this capacity is currently utilized. The Rogun HPP is set to play a critical role in decarbonizing electricity grids across Central Asia, supporting the region’s ambitious Nationally Determined Contributions (NDCs) under the Paris Agreement.