This program aims to ensure low-carbon growth, increase public sector efficiency, and strengthen climate-resilient mechanisms. This was reported by UzA.
Within the framework of the bank's climate-oriented financing policy, the implementation of systematic climate measures across the entire economy will be supported.
The reforms include increasing management transparency in the energy sector and large state-owned enterprises, applying environmental standards in public procurement, as well as forming clear rules for carbon credit circulation. This will serve to attract private investment.
The program is being implemented in cooperation with the World Bank. Official information emphasizes that the rational use of resources and widespread implementation of clean energy solutions are expected to reduce greenhouse gas emissions, improve air quality, and increase resilience to climate risks.
It was emphasized that the widespread use of energy-efficient technologies will help reduce energy costs and improve living conditions for population groups in need of social protection.
