EBRD's Record Investments in Central Asia Drive Sustainable Development
Key Ideas
- EBRD set a new operational record in Central Asia with almost €2.26 billion invested in six regional economies, focusing on sustainable infrastructure projects.
- Over 60% of the funds supported green economy financing, with investments in renewable hydrogen, wastewater treatment, green bonds, and more.
- Key projects included the first renewable hydrogen facility in Central Asia, wastewater treatment plant in Kazakhstan, and support for sustainability in national grid operators.
- The EBRD's investments also contributed to economic growth through projects like hospital construction, road rehabilitation, and bridge development across different countries in Central Asia.
The European Bank for Reconstruction and Development (EBRD) has made significant investments in Central Asia, totaling almost €2.26 billion across six regional economies in 2024. The investments focused heavily on sustainable infrastructure projects, with over 60% of funds supporting green economy financing. Key recipients of funding were Uzbekistan and Kazakhstan, receiving €938 million and €913 million respectively, notably for initiatives like the first renewable hydrogen facility in Central Asia and wastewater treatment plant construction in Kazakhstan. The EBRD's investments also aimed to support small and medium-sized enterprises, women, and young entrepreneurs, in addition to corporate sector clients. The Bank's emphasis on sustainability extended to the national grid operators in Kazakhstan and Uzbekistan, facilitating the integration of renewables and improving energy efficiency. Beyond infrastructure, the EBRD played a key role in public-private partnership projects such as a multidisciplinary hospital in Kazakhstan and road rehabilitation in Uzbekistan. Overall, the EBRD's investments in Central Asia not only drove sustainable development but also contributed to economic growth and green investments in the region.
Topics
Asia
Renewable Energy
Infrastructure
Sustainability
Investment
Finance
Economic Development
Public-private Partnership
Central Asia
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