The European Bank for Reconstruction and Development (EBRD) achieved a milestone in Central Asia with a record investment of €2.26 bn across 121 projects in 2024, almost doubling its yearly commitments compared to 2023. This substantial investment, combined with mobilized funds from co-financiers, had a total financial impact exceeding €3 bn in the region’s real sector. Uzbekistan and Kazakhstan were the primary recipients, receiving €938 mn and €913 mn, respectively, and emerging as the EBRD’s fifth and sixth largest investment destinations globally. The EBRD focused on supporting sustainability and innovation, with a significant portion of funds directed towards sustainable infrastructure and green economy initiatives. Noteworthy projects included investments in green hydrogen, wastewater infrastructure, green bonds, and critical raw materials. Moreover, the Bank contributed to expanding renewable energy and national grids in Kazakhstan and Uzbekistan to enhance efficiency and integrate renewables. In addition to infrastructure and renewable energy projects, the EBRD supported small and medium-sized enterprises (SMEs) through advisory services and direct financing. The Bank emphasized Uzbekistan's role in green energy, specifically highlighting a green hydrogen project and the importance of battery energy storage systems for grid stability. The EBRD's long-term impact in Central Asia has been substantial, with a focus on green and inclusive development. In 2024 alone, the Bank surpassed cumulative investment milestones in Kazakhstan and Uzbekistan. Moreover, the EBRD's investments were compared to other development banks operating in the region, such as the International Finance Corporation (IFC), Asian Infrastructure Investment Bank (AIIB), and Asian Development Bank (ADB), which also made significant contributions towards sustainable development in Central Asia.