| Project Detail |
Green Economy and Sustainable Private Sector Development in Kyrgyzstan Kyrgyzstan grapples with the impact of climate change amidst its pursuit of economic growth. Rising temperatures lead to more frequent climate extremes such as droughts and unpredictable seasonal weather. These consequences negatively affect the economy, as more than half of the gross domestic product (GDP) comes from climate-sensitive activities. Prioritising the transition towards a greener economy stands as a paramount necessity for the country’s development. To maximize the benefits, integrating green economy principles into policies is essential to drive private industry growth and raise public awareness. Furthermore, Kyrgyzstan’s abundant natural resources, including forests and pastures, offer substantial potential for expanding both the agriculture and tourism industries. Access to green financing remains crucial for this transition, with initial regulatory steps underway. The transition towards an inclusive green economy to enhance the well-being of the Kyrgyz population is underway. |
