Central Asia boosts green energy, infrastructure and SMEs with EBRD funds - Euronews.com
Published February 19, 2026
Central Asia Enhances Green Energy, Infrastructure, and SMEs with EBRD Funding
The European Bank for Reconstruction and Development (EBRD) is playing a significant role in advancing green energy initiatives, infrastructure development, and support for small and medium-sized enterprises (SMEs) in Central Asia. The bank has committed substantial funds aimed at fostering sustainable growth in the region, which includes countries such as Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan.
As part of its ongoing efforts, the EBRD has allocated €1.5 billion in investments to various projects across Central Asia. This funding is intended to facilitate the transition to renewable energy sources and improve energy efficiency, thereby reducing the region's reliance on fossil fuels. The bank's initiatives also focus on enhancing infrastructure, which is vital for economic development and regional connectivity.
One of the key areas of focus for the EBRD is the promotion of renewable energy projects. The bank has been instrumental in financing wind and solar energy projects, which are essential for diversifying the energy mix in Central Asia. For instance, the EBRD has supported the construction of solar power plants in Kazakhstan and Uzbekistan, contributing to the countries' goals of increasing the share of renewables in their energy portfolios.
In addition to renewable energy, the EBRD is also prioritizing investments in infrastructure. The development of transportation networks, water supply systems, and waste management facilities is crucial for enhancing the quality of life and boosting economic activity in the region. The bank's funding is directed towards modernizing existing infrastructure and building new facilities that meet international standards.
Moreover, the EBRD recognizes the importance of supporting SMEs as a catalyst for economic growth. The bank provides financing and advisory services to help small businesses access the resources they need to expand and innovate. By fostering a vibrant SME sector, the EBRD aims to create jobs and stimulate local economies, ultimately contributing to the overall economic development of Central Asia.
The EBRD's commitment to sustainability is also reflected in its focus on climate resilience. The bank is working with local governments and businesses to develop strategies that address the impacts of climate change. This includes promoting energy-efficient technologies and practices that minimize environmental impact while supporting economic growth.
In conclusion, the EBRD's investment of €1.5 billion in Central Asia is a pivotal step towards enhancing green energy, infrastructure, and support for SMEs in the region. With a focus on sustainability and economic development, these initiatives are expected to yield long-term benefits for the countries involved, paving the way for a greener and more prosperous future.
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