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DUSHANBE (TCA) — The Minister of Finance of Tajikistan, Abdusalom Qurboniyon, and the World Bank Country Manager for Tajikistan, Patricia Veevers-Carter, late last week signed an agreement on the allocation of additional financing for the Tajikistan Environmental Land Management and Rural Livelihoods Project. The additional financing of US$2.83 million was approved by the World Bank Board of Executive Directors in June 2015, the World Bank said. Continue reading
DUSHANBE (TCA) — The Minister of Finance of Tajikistan, Abdusalom Qurboniyon, and the World Bank Country Manager for Tajikistan, Patricia Veevers-Carter, on February 12 signed an agreement to finance the Climate Adaptation and Mitigation Program for Aral Sea Basin (CAMP4ASB). Under this regional program, financing for Tajikistan includes US$9 million from the International Development Association, the World Bank said. Continue reading
DUSHANBE (TCA) — Tajikistan and the United Nations International Fund for Agricultural Development (IFAD) last week signed an agreement to finance the Livestock and Pasture Development Project II (LPDP), an initiative that aims to reduce the vulnerability of pastoral communities to climate change threats. Continue reading
DUSHANBE (TCA) — The European Bank for Reconstruction and Development (EBRD), in partnership with the Pilot Program for Climate Resilience (PPCR) of the Climate Investment Funds, held an event to mark the formal launch of CLIMADAPT, the Tajikistan Climate Resilience Financing Facility, on February 3 in Dushanbe. CLIMADAPT aims to help Tajik households, businesses and farmers cope with the effects of climate change and to support the country’s transition towards a green economy, the EBRD press office said. Continue reading
BISHKEK (TCA) — The Asian Development Bank’s (ADB) operations—comprising approvals of loans and grants, technical assistance, and co-financing—reached an all-time high of $27.15 billion in 2015, an increase of about 19% over the $22.89 billion in 2014, the ADB said. Continue reading