• KGS/USD = 0.01152 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09168 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09168 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09168 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09168 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09168 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09168 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09168 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09168 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
05 December 2024

Viewing results 1 - 6 of 2

Mirziyoyev Proposes Green Energy Development Program for Central Asia

On September 25-26, the annual meeting of the Board of Directors of the Asian Infrastructural Investment Bank (AIIB) was held in Samarkand, Uzbekistan. The ninth meeting of the Board was devoted to the theme “Creating Sustainable Infrastructure for All.” Current issues on the agenda of the global economy were considered, and strategic programs and plans for infrastructure development in Asia and other regions of the world were discussed. About 2,000 representatives from more than 100 countries participated in the summit. Uzbekistan became a member of AIIB in November 2016, and in recent years, it has become one of the bank's biggest beneficiaries. Uzbek President Shavkat Mirziyoyev gave a speech on the first day of the meeting. “The complex geopolitical situation, global economic instability, food and energy resources scarcity, poverty, and environmental problems are becoming increasingly acute. For instance, the average global temperature is projected to rise by 1.5 degrees Celsius by 2040; however, we are concerned that, based on current trends, this could happen as early as 2030. A quarter of the world’s population lacks clean drinking water. As climate change accelerates, food shortages have become a global threat. As a result, about 800 million people in the world live in extreme poverty,” Mirziyoyev said. Mirziyoyev noted that the poverty rate in Uzbekistan has been reduced from 23% to 11%. This year, the aim is to reduce this indicator to 9%, and by 2030, it will be halved. Furthermore, in the last eight years, the enrollment of children in preschool education has increased from 27% to 74%, and higher education has increased from 9% to 38%. It plans to invest $2 billion to open 100 new schools of the most advanced standards in all cities and villages yearly. Another issue that Mirziyoyev paid attention to is logistics, interruptions in the product supply chain, and the increase in the price of raw materials and consumer goods. The head of state noted that all this will sharply increase the load on the existing infrastructure and will be a significant obstacle to global economic development. According to experts, by 2030, the world will need $15 trillion of investment for new infrastructure. Also, foreign investments have decreased by 10% over the past two years, and the value of financial resources globally has almost doubled. Mirziyoyev said that projects worth $200 million for developing medium-sized cities and $130 million for improving infrastructure in rural areas are launched in cooperation with the AIIB. To develop the “green” economy, it is aimed to reach 40% of “green” energy sources by 2030. In the coming years, another 18 gigawatts of solar and wind power, 3 gigawatts of hydropower plants, 5 gigawatts of energy storage capacity, and $5 billion worth of power grids will be implemented. “I would like to note that neighboring countries have also started major projects on renewable energy. We are taking great steps to make Central Asia, a rich renewable energy source, a major exporter of ‘green’ energy into world energy markets in the coming years....

Turkmenistan Hosts European Exhibition on Energy-Saving

An ambitious and multi-faceted  traveling exhibition “Transition to Renewable Energy Sources—Energy of the Future” has just opened at the Technology Center of the Academy of Sciences of Turkmenistan. As reported by “Turkmenistan: Golden Age”, the exhibition, curated by  the Embassy of the Federal Republic of Germany and the German Society for International Cooperation (GIZ), presents the various means and  measures developed by European countries to save energy. Divided into five sections, the exhibition provides a hands-on exploration of energy efficiency practices through interactive touch panels and  by immersing themselves in virtual reality, visitors can envisage the world in the future. The exhibition highlights the multilevel aspects, challenges, and potential of the global energy transition from society, politics, economics, and science perspectives, and during its tour, aims to encourage widespread dialogue and an exchange of knowledge and views on decarbonization and global energy transition. Regarding the tour,  project manager Yasmine Deren, stated, “This exhibition started three years ago and has already visited Europe, Asia, the Gulf States and in Central Asia, Tajikistan and Uzbekistan. We are happy that the exhibition is now being shown in Ashgabat,  Turkmenistan and afterwards, Kyrgyzstan and Kazakhstan." The exhibition will be displayed Monday - Saturday in Ashgabat until 25 June and thereafter, in Turkmenistan's city of Mary.