• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00209 0%
  • TJS/USD = 0.10523 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00209 0%
  • TJS/USD = 0.10523 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00209 0%
  • TJS/USD = 0.10523 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00209 0%
  • TJS/USD = 0.10523 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00209 0%
  • TJS/USD = 0.10523 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00209 0%
  • TJS/USD = 0.10523 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00209 0%
  • TJS/USD = 0.10523 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00209 0%
  • TJS/USD = 0.10523 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%

Viewing results 139 - 144 of 326

Ecological Limit: Five Year Countdown to Water Scarcity in Central Asia

Combating climate change requires collective action by all or a sufficient majority of the world's players supporting global initiatives. Otherwise, it may soon be too late to take any action. To address the issue, the Eurasian Development Bank, the CAREC Think Tank, and the Asian Development Bank organized a two-day forum entitled “The Climate Challenge: Thinking Beyond Borders for Collective Action,” in Almaty, Kazakhstan. Focusing on means of achieving genuine regional cooperation on Asian climate action, the eighth CAREC Think Tank Development Forum was attended by policymakers, experts, and opinion leaders from more than 30 countries. The extensive two-day dialog, consisting of eight sessions, opened with a discussion on the effectiveness of current global initiatives related to climate change: the Paris Agreement, the Global Environment Facility, and the Green Climate Fund. Attention then turned to deepening cooperation among as many stakeholders as possible through multilateral platforms such as the UN Framework Convention on Climate Change. Asia's role in the global fight against climate change, and the difficult balancing act between economic growth and decarbonization efforts were discussed at length. Simply put, the rapid growth of the Asian economy is inevitably accompanied by an increasing consumption of energy, the generation of which leads to increased emissions and pollution. Climate damage due to human impact can be halted and even reversed. However, because this can only be achieved with technological intervention, it poses problems for developing economies unable to afford advanced technologies. Hence, establishing a framework and mechanisms for global technology transfer were key to discussions. Water and finance were also high on the agenda and the subject of a paper presented by Arman Ahunbaev, Head of the Center for Infrastructure and Industrial Research of the Eurasian Development Bank on “Ways to close the investment gap in the drinking water supply and wastewater sector in Central Asia." Ahunbaev reported that 10 million people, or 14% of the population in Central Asia, do not have access to safe drinking water and warned that without intervention, the situation would reach the point of no return in the coming years. To prevent this from happening, he stressed the urgent need for solutions to four problems. The first problem is a twofold increase in the volume of water intake for municipal and domestic needs, based on past figures which showed a growth from 4.2 cubic kilometers in 1994 to 8.6 cubic kilometers in 2020. The second problem is the severe deterioration of water supply infrastructure and treatment equipment, and the third, technological and commercial water losses in distribution networks. The fourth problem is related to the demographic boom and, consequently, the rapid urbanization of Central Asia's population. Cities are expanding and  their infrastructure needs to develop accordingly. According to experts, in 2023, urbanization in Central Asian countries will reach 49%, and by 2050, 61%. By 2030, the urban population will exceed that in rural areas. Ahunbaev noted the need for improvement in financing the water supply and sanitation sector in Central Asia since according to rough...

EBRD to Support Pilot Project for Renewable Hydrogen in Uzbekistan

The European Bank for Reconstruction and Development (EBRD) will finance Central Asia's first renewable hydrogen production project in Uzbekistan. The project includes the installation of a 20 MW electrolyzer and constructing a new 52 MW wind farm. The EBRD is providing a $65 million (€58 million) financing package to ACWA Power UKS Green H2, which is developing, designing, constructing, and operating the facility. This company is jointly owned by ACWA Power and Uzkimyosanoat (UKS), a large state-owned chemical holding company. Financing includes a $55 million senior loan from the EBRD and $10 million in concessional financing from Canada through the High Impact Partnership on Climate Change Special Fund (HIPCA). The EBRD also plans to provide an equity bridge loan of up to $5.5 million (€4.9 million) and up to $5.5 million (€4.9 million) for the project. The project, supported by the Japan-EBRD Cooperation Fund, will help replace “grey” hydrogen, derived from natural gas and widely used in producing ammonia fertilizers in Uzbekistan, with renewable hydrogen. The latter is recognized as a critical alternative for decarbonizing the fertilizer sector. The facility is expected to make up to 3,000 tons of hydrogen annually, reducing annual CO2 emissions by 22,000 tons. The Bank also noted that Uzbekistan, the leading recipient of EBRD financing in Central Asia, has already received about €5 billion under 164 projects, most of which support private entrepreneurship. The Times of Central Asia has previously written that the Asian Development Bank (ADB) has announced the launch of a five-year partnership strategy with Uzbekistan from 2024 to 2028. The strategy will support Uzbekistan's reforms in promoting the country's transition to a green economy, supporting private sector development and competitiveness, and stimulating investment in economic capital.

Countries of Central Asia Team up as Threat of Natural Disasters Grows

Central Asia is vulnerable to a panoply of natural hazards: Floods, landslides, droughts, sandstorms, avalanches and earthquakes. Countries in the region increasingly seek to collaborate on early warning systems and other emergency precautions, especially since disasters can spill across borders and because the effects of climate change are intensifying. To that end, the heads of the national emergency departments of Kyrgyzstan, Kazakhstan, Tajikistan and Uzbekistan met last week in Cholpon-Ata, a lakeside resort town in northern Kyrgyzstan whose attractions include ancient petroglyphs showing deer, leopards and hunting scenes. Turkmenistan´s flag – green expanse, red stripe with designs and white crescent and stars - was on display in the conference hall, though official announcements did not mention the presence of any delegation from the reclusive Turkmen government. The goal was to share information and experience, and deepen cooperation among the emergency agencies of those Central Asian countries, said Maj. Gen. Boobek Azhikeev, Kyrgyzstan’s minister of emergency situations. The five nations, which have a total of approximately 75 million people and encompass four million square kilometers, face growing risks from natural disasters, and the region has been warming faster than the global average according to a report released in May by the U.N. agency for the coordination of disaster risk reduction and the U.N. Development Programme. The two U.N. bodies, which helped to support the Central Asia meeting on the shores of Kyrgyzstan’s Lake Issyk-Kul on Aug. 15, also mentioned human-made hazards, such as industrial accidents, chemical waste facilities in densely populated areas, and severe air pollution in major cities in all the countries. “Many disaster risk management systems are still reactive, not proactive. Early warning processes are often fragmented, and poorly integrated into countries' development strategies and policies for risk-informed decision-making,” the U.N. agencies said. “There is a lack of anticipation of new and emerging risks, insufficient monitoring and forecasting, and limited financial and technological support. Early warning communication and dissemination are often unclear, especially for the most vulnerable.” The private sector and media can also get more involved in ways of reducing the risk from disasters, they said. The U.N. agencies also noted progress, saying Tajikistan had taken the lead in Central Asia in rolling out an early warning system focused on monitoring, forecasting, communication and other measures. Earlier this month TCA reported that the head of Tajikistan’s committee for emergency situations and civil defense, Rustam Nazarzada, stated that the economic damage caused by natural disasters in the country has amounted to over $12 million in this year alone. Additionally, Uzbekistan is updating an early warning system in the populous, economically important Ferghana valley that will promptly disseminate weather forecasts. Central Asian countries have sought to coordinate on environmental issues in the past, sometimes with mixed results. But the sense of urgency is growing. Earlier this year, Kyrgyzstan was among countries that sent aid to Kazakhstan after floods there that the Kazakh president described as the worst natural disaster in 80 years. Kazakhstan, in turn, sent tons of humanitarian aid to Kyrgyzstan after...

Free Solar Panels for Uzbekistan’s Low Income Households

Uzbekistan has launched a program to install solar panels  in the homes of low-income families in the Tashkent Oblast. The key aim of the initiative, implemented with the participation of ACWA Power, an enterprise engaged in regional energy projects, is to reduce electricity costs for vulnerable sectors of the population. Under the plan, some 20,000 low-income households, especially those with air conditioning, will receive free photovoltaic panels with a 1.5 to 2 kW capacity, to reduce energy costs during the summer. The project is part of the government's broader strategy to transition to renewable energy. The country has already taken steps in this direction, including the construction of solar and wind farms, which in recent years, have enabled Uzbekistan to reduce its electricity imports from more than 4 billion kWh to less than 3 billion kWh and even begin to export electricity. The initiative is also a continuation of the Solar Home Program which was introduced in 2023 to encourage the installation of solar panels in private households across the country.

UN Launches Projects to Improve Health and Environment in the Aral Sea Region

The UN has launched two new projects to address environmental and health issues in Karakalpakstan, Uzbekistan. These projects are “Enhancing Climate-Resilient and Safe Water, Sanitation, Hygiene, and Health Services for the Most Affected Communities in Four Districts of Karakalpakstan,” and the joint project between its development programme (UNDP) and its food and agriculture organization (FAO), "Building Knowledge and Skills of Local Partners and Communities to Address Environmental Insecurities through Innovative Air, Land, and Water Management Solutions in the Aral Sea Region.” “The launch of these projects marks a significant milestone in our collective efforts to address the Aral Sea Region's profound environmental and health challenges," said Sabine Machl, the UN's Resident Coordinator in Uzbekistan. "By fostering resilience through innovative solutions in water management, health services, and community empowerment, we are laying the groundwork for a sustainable future in Karakalpakstan.” The project between the UNDP and FAO aims to increase the knowledge and skills needed by local partners and communities to solve environmental security problems. It also aims to develop practical solutions for managing air, land and water, enabling communities to adapt to and mitigate climate change. In addition, within the project's framework, special attention will be paid to introducing new approaches to water treatment, forest restoration, and soil stabilization in the region. These activities have the potential to directly benefit over 376,000 residents of the three northern districts of Moynaq, Kungrad, and Takhtakupir in Karakalpakstan, particularly women in at-risk communities. The indirect impact will extend to 200,000 more people and build on the results of the previous projects. On 16 August, the UN programme “Laying the Foundations for People-Centered, Climate-Resilient Primary Health Care and Water, Sanitation, and Hygiene Practices at Healthcare Facilities and Schools” was officially completed. During his visit to Karakalpakstan on August 19, Uzbek President Shavkat Mirziyoyev announced the establishment of the Aral Sea Region International Innovation Center to improve the ecosystem and create new varieties and seeds in a saline, water-less environment. $80 million will be allocated to mitigate the consequences of climate change in the Aral Sea region. The Times of Central Asia has published several articles about the problems arising from the drying up the Aral Sea and the work being done to combat this.

UN General Assembly Adopts Uzbekistan-Initiated Resolution on Forest Management

The UN General Assembly last week adopted Uzbekistan's proposed resolution on “Fostering sustainable forest management, including afforestation and reforestation, in degraded lands, including drylands, as an effective solution to environmental challenges.” The resolution is based on the concept of Uzbekistan’s nationwide program, Yashil Makon (Green Space), which aims to preserve and restore biodiversity through the greening of urban and rural areas. Launched by Uzbekistan's President Shavkat Mirziyoyev in November 2021, the Yashil Makon initiative allows the planting of one billion trees and shrub saplings across the country over five years. The resolution reflects the key proposals on effectively countering climate change and combating land degradation, voiced by Mirziyoyev during the 78th session of the General Assembly and the 28th UN Climate Change Conference. The resolution discloses the economic, social, and environmental benefits of sustainable forest management and tree planting, emphasizing their contribution to increasing biodiversity, mitigating the effects of climate change and air pollution, and achieving the Sustainable Development Goals, including poverty eradication and food security. The resolution gives specific recommendations to UN member states regarding tree planting to preserve and increase biodiversity using nature-saving and ecosystem methods.