• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00196 -0%
  • TJS/USD = 0.09687 0.21%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00196 -0%
  • TJS/USD = 0.09687 0.21%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00196 -0%
  • TJS/USD = 0.09687 0.21%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00196 -0%
  • TJS/USD = 0.09687 0.21%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00196 -0%
  • TJS/USD = 0.09687 0.21%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00196 -0%
  • TJS/USD = 0.09687 0.21%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00196 -0%
  • TJS/USD = 0.09687 0.21%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00196 -0%
  • TJS/USD = 0.09687 0.21%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%

Viewing results 1 - 6 of 34

World Bank to Investigate Regional Risks of Rogun Dam Project

The World Bank’s Inspection Panel has agreed to review a formal complaint filed by residents of Uzbekistan and Turkmenistan concerning the environmental and social risks associated with the Rogun Hydropower Project (HPP) in Tajikistan. The complaint, submitted by the regional environmental coalition Rivers Without Boundaries, targets a $350 million World Bank loan and related technical assistance used to revise the project’s 2014 environmental and social impact assessments. The complainants argue that the current studies are outdated and inadequate, relying on assumptions that are more than a decade old. They contend the assessments fail to account for the downstream effects of storing and diverting water from the Vakhsh River, one of the primary tributaries of the Amu Darya basin, on communities and ecosystems in Uzbekistan and Turkmenistan. Preliminary estimates from the World Bank suggest that filling the Rogun reservoir could decrease the flow into the Aral Sea by 0.8 to 1.2 cubic kilometers annually, potentially cutting today’s levels by as much as 25%. Such a reduction, critics warn, could exacerbate ongoing issues in the region, including desertification, soil salinity, and land degradation. These challenges have plagued villages in the lower Amu Darya since Soviet-era irrigation schemes dramatically reduced the sea’s volume, leading to persistent dust storms and declining water quality. Local farmers are particularly concerned about the dam’s effect on the timing of water availability. If the dam shifts the river’s flow from spring and summer into winter storage, it could disrupt traditional irrigation cycles, forcing expensive infrastructure adjustments. Some communities fear economic collapse and forced migration if water needs go unmet during critical planting seasons. Environmental experts also highlight the cumulative threat posed by the Rogun HPP in conjunction with Afghanistan’s planned Qosh Tepa canal. No comprehensive analysis has been conducted to evaluate the combined impact of these two major water diversion projects on regional hydrology and biodiversity. The World Bank itself estimates that climate change could reduce water availability in the region by 15-30% by 2050, potentially costing Uzbekistan up to 250,000 agricultural jobs and requiring billions in climate adaptation investments. In response, Rivers Without Boundaries has called on the World Bank and its co-financiers, who have collectively pledged over $1 billion, to suspend further funding until a transparent, independent risk assessment is completed. The coalition advocates for a thorough study of alternative project designs, such as a lower dam height, to mitigate environmental and social damage. They also demand genuine public consultation with all Amu Darya basin countries, equitable compensation mechanisms, and legally binding water management agreements. Failure to address these concerns, the group warns, risks triggering an irreversible ecological and humanitarian crisis across Central Asia.

Kyrgyz Prime Minister Kasymaliev in Washington for IMF, World Bank Meetings

Kyrgyz Prime Minister Adylbek Kasymaliev has arrived in Washington, D.C. to participate in the Spring Meetings of the International Monetary Fund (IMF) and World Bank Group. During his visit, Kasymaliev is expected to meet with senior World Bank officials to discuss ongoing and future investment projects in Kyrgyzstan. Following the IMF and World Bank sessions, Kasymaliev is scheduled to hold high-level talks with Anna Bjerde, the World Bank’s Managing Director for Operations, and Antonella Bassani, Vice President for Europe and Central Asia. A key item on the agenda will be the planned construction of the Kambarata-1 Hydropower Plant (HPP) on the Naryn River. The Kyrgyz government hopes to secure an interest-free loan of $500 million from the World Bank to support the project, which is estimated to cost $3.6 billion in total. Kambarata-1 is seen as a strategic initiative that could make Kyrgyzstan fully self-sufficient in electricity generation. To date, approximately 4 billion Kyrgyz soms (about $46 million) have been allocated from the state budget for preliminary construction works. These funds are being used to build vital infrastructure including roads, a transportation tunnel, a bridge over the Naryn River, power lines, and temporary housing for workers. In addition to his meetings with international financial institutions, Kasymaliev will also engage with executives from leading U.S. corporations. These discussions will not only cover the hydropower sector but will also highlight other government-led investment opportunities in Kyrgyzstan across various industries. The Kyrgyz leadership has intensified efforts to attract foreign partners for its infrastructure and energy projects, as part of a broader strategy to enhance economic independence and modernize the national energy grid.

Kyrgyzstan Launches $52 Million Environmental Initiative to Combat Natural Disasters

Kyrgyzstan has officially launched RESILAND CA+, a $52 million environmental initiative aimed at restoring degraded landscapes, reducing natural disaster risks, and strengthening regional cooperation in sustainable land management. Funded primarily by the World Bank, the project targets key ecological threats across several regions, including Osh, Jalal-Abad, Naryn, and Issyk-Kul, with a particular focus on the Kara-Darya River Basin, an area highly vulnerable to mudflows. According to the Kyrgyz Ministry of Emergency Situations, RESILAND CA+ seeks to mitigate the impact of mudflows, restore forests and soils, and build climate resilience across borders. Kyrgyzstan has recorded more than 900 mudflows over the past 12 years, posing a constant threat to lives and livelihoods, particularly in mountainous and riverine communities. “This project opens a new chapter in combating land degradation and climate threats in Kyrgyzstan,” said Boobek Azhikeev, Minister of Emergency Situations. “We are not just restoring landscapes, we are protecting the future of our communities”. The RESILAND CA+ program is financed through a combination of grants and credits from international development partners: $45 million in credit from the International Development Association (IDA) $5 million grant from the PROGREEN global partnership $2.4 million grant from the Korea-World Bank Partnership Facility (KWPF) Tatiana Proskuryakova, the World Bank’s Regional Director for Central Asia, stressed the broader impact of the initiative: “RESILAND CA+ is not just about the environment, it’s an investment in people’s safety, in the economy, and in international partnerships. Restoring nature helps us prevent future disasters”. Set to run through 2029, the program is part of a larger Central Asian strategy to manage transboundary landscapes and natural resources collaboratively.

Communities in Uzbekistan and Turkmenistan Demand World Bank Investigation into Rogun HPP

The World Bank’s Inspection Panel has agreed to formally investigate the World Bank’s involvement in the Rogun Hydropower Project (HPP) in Tajikistan, following a complaint filed on behalf of communities living downstream on the Amu Darya River in Uzbekistan and Turkmenistan. The complaint, submitted by the international environmental coalition Rivers without Boundaries, raises serious concerns about the project's environmental and social impacts. The group claims the World Bank approved funding for the project based on outdated and incomplete assessments, failing to adequately consider risks to local ecosystems and communities. At the heart of the issue is the potential impact of filling the Rogun reservoir, which could reduce water flow to the Amu Darya delta by 25% or more. Experts warn this could accelerate desertification, increase soil salinity, and threaten the livelihoods and health of up to 10 million people in Uzbekistan and Turkmenistan. Particularly vulnerable are the region’s rare tugai forests, including the Tigrovaya Balka Reserve, which was inscribed on UNESCO’s World Heritage List in 2023. The dam's construction also endangers local aquatic species, such as the critically endangered Amu Darya false shovelnose sturgeon. “This investigation is a crucial step,” said Yevgeny Simonov, international coordinator of Rivers without Boundaries. “The Rogun project in its current form is a massive threat to the environment and to millions of people in Central Asia. The World Bank must adhere to its own environmental and social safeguards.” Activists also criticized the lack of public consultation in Uzbekistan and Turkmenistan, where affected communities were allegedly not informed in their native languages, Uzbek, Karakalpak, or Turkmen and where access to key documents was limited. Several complainants reportedly requested anonymity, citing fear of retaliation, which reflects the challenging environment for civic participation in the region. “People living in the lower Amu Darya basin have already suffered for decades due to poor water management and the drying of the Aral Sea. The Rogun project could be the final blow,” said Manana Kochladze of CEE Bankwatch Network. “There has been no serious dialogue with those whose lives depend on this river, which contradicts the basic principles of transparency and participation.” In 2023, environmental groups submitted proposed modifications to align the Rogun project with international standards, including cheaper and safer alternatives. However, the World Bank has yet to respond. Rivers without Boundaries alleges that the project violates multiple Bank policies, including those on environmental assessment, biodiversity protection, resource efficiency, dam safety, community engagement, and resettlement. The coalition is now urging the World Bank and other financiers to pause funding until a comprehensive, independent, and transparent investigation is completed and until meaningful steps are taken to prevent further harm to both people and nature.

Uzbekistan Launches $153 Million Forest Restoration Project with World Bank Support

Uzbekistan, in collaboration with the World Bank, has launched a major initiative to restore forests and rehabilitate degraded lands across the country. The Uzbekistan Resilient Landscapes Restoration Project (RESILAND) was officially announced during the Samarkand Climate Forum on April 5. The World Bank will provide $153 million in funding, consisting of a combination of low-interest loans and grants. This initiative forms part of a broader regional strategy aimed at combating land degradation and enhancing climate resilience throughout Central Asia. RESILAND will initially target six provinces: Samarkand, Surkhandarya, Syrdarya, Jizzakh, Namangan, and Kashkadarya. Its objectives include forest restoration, improved land management, and the creation of new jobs through afforestation and nature-based business ventures. Uzbekistan’s Minister of Ecology, Aziz Abdukhakimov, emphasized that the project will play a critical role in helping the country achieve its goal of expanding forested areas to 6.1 million hectares by 2030. “The project will also support food systems, infrastructure, and nature tourism,” he said. Currently, only 10.6% of Uzbekistan’s territory is forested. In recent years, the government has intensified efforts to increase forest cover, particularly on the desiccated seabed of the Aral Sea. Tatiana Proskuryakova, World Bank Regional Director for Central Asia, welcomed the initiative, noting, “The World Bank values the opportunity to support the government of Uzbekistan in its efforts to restore degraded lands.” As part of the project, Uzbekistan plans to rehabilitate forests on 176,000 hectares, improve pasture conditions, combat soil erosion in mountainous regions, and develop agroforestry and industrial forest sectors. An additional 5,000 hectares will be allocated for the cultivation of medicinal plants. RESILAND will also provide support for small and medium-sized enterprises, offer training for local farmers, and promote eco-tourism in protected areas. The initiative includes plans to improve the infrastructure of the Forestry Agency and to launch Uzbekistan’s first National Forest Inventory. A new partnership between the Forestry Agency and the Green University near Tashkent will further use grant funding to advance forestry education and research. The project is part of the wider RESILAND CA+ program, which encompasses similar initiatives in Kazakhstan, Kyrgyzstan, Tajikistan, and Turkmenistan.

World Bank Report Examines Migration Trends in Central Asia

The World Bank has released a report titled The Way Forward: Supporting Successful Migration in the Europe and Central Asia Region, which analyzes migration trends and their impact on countries in the region, including Uzbekistan, Kazakhstan, Kyrgyzstan, and Tajikistan. Migration remains a significant issue in Europe and Central Asia, a region home to 100 million migrants, one-third of the world’s total migrant population. People move across borders in search of better job opportunities, as well as in response to changing demographics, climate change, and conflicts. This trend is expected to continue. According to the report, most migrants from Tajikistan and Kyrgyzstan head to Russia, with over 80% of migration from these countries directed there in 2023. Migration from Uzbekistan is more diverse, with 57% of Uzbek migrants residing in Russia, 15% in Kazakhstan, and 10% in Ukraine. The Economic Role of Labor Migration Labor migration plays a crucial role in the economies of Central Asian nations. In 2024, remittances accounted for: 45% of Tajikistan’s GDP 24% of Kyrgyzstan’s GDP 14% of Uzbekistan’s GDP Many households rely heavily on money sent home by migrants. The report highlights that without remittances, the poverty rate among Kyrgyz households with migrant family members would rise from 10% to 50%, while in Uzbekistan, it would increase from 9.6% to 16.8%. The total volume of remittances sent to Uzbekistan in 2024 reached a record $14.8 billion. Recommendations for Better Migration Management The report underscores the need for improved migration policies, as its full potential remains underutilized. If managed effectively, migration can help address economic and demographic challenges. The World Bank recommends several measures to enhance migration management: Developing tailored strategies for skilled and unskilled workers. Integrating labor migration into national economic planning to support growth. Implementing policies to mitigate "brain drain" and encourage skilled workers to return home. Improving migrant registration and formalizing agreements with destination countries. Providing migrants with accurate job information to ensure safer and more organized migration processes. The report concludes that with the right policies in place, migration has the potential to serve as a powerful tool for economic development in Central Asia.