Uzbekistan and the Green Climate Fund Discuss New Investments in the Aral Sea Region
President Shavkat Mirziyoyev discussed with the Executive Director of the Green Climate Fund, Mafalda Duarte, the financing of the Aral Sea region's restoration and the development of green cities. The portfolio of joint projects between Uzbekistan and the Fund has already exceeded $200 million.
The meeting took place in Antalya as part of Mirziyoyev's working visit to Turkey. According to the press service of the president, the parties discussed the preparation of a climate investment program in Uzbekistan and direct access for the country's financial institutions to the Fund's resources. Following the meeting, they agreed to continue cooperation and implement new joint projects.
Mirziyoyev also welcomed the approval of a regional program for creating climate-resilient landscapes. It covers Uzbekistan, Kyrgyzstan, and Tajikistan. The total cost of the program is $296 million, of which $133.9 million is the Fund's grant. The program includes the restoration of forests and pastures, as well as support for agriculture in areas affected by drought and water scarcity.
