EBRD set to help Uzbekistan achieve carbon neutrality The go | Review.uz/en - Economic Review

EBRD set to help Uzbekistan achieve carbon neutrality

The government of Uzbekistan and the European Bank for Reconstruction and Development (EBRD) signed a memorandum of understanding on long-term cooperation to achieve carbon neutrality of the domestic energy sector by 2050, said Uzbekistan’s Energy Ministry.

Since the beginning of its activities in Uzbekistan, the EBRD has invested more than €2bn in 92 projects in the country, including seven projects in the energy sector with a total value of around $1bn.

At the request of the EBRD, the government of Japan provided financial support for the preparation of a roadmap for the transition of Uzbekistan's energy sector to a low-carbon future.

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