Uzbekistan’s Ministry of Economy and Finance reported discussions and exchanges of cooperation documents with international partners at the 31st United Nations Climate Change Conference (COP31) in Antalya, Türkiye. The talks covered projects to improve energy efficiency, develop green financing and support sustainable urban infrastructure. Separate discussions with Singapore addressed international carbon trading and Uzbekistan’s legal and institutional framework for the sector.
Discussions with the United Nations Development Programme and the National Energy Efficiency Agency concerned a USD 1.4 million project covering the redirection of environmentally harmful subsidies, energy efficiency in public buildings and green financing mechanisms. A trilateral cooperation document was exchanged. Talks and document exchanges with the German Corporation for International Cooperation covered EUR 5.5 million in projects involving regional master plans, environmental business practices and pilot projects to improve energy and resource efficiency. A separate USD 1 million project discussed with the Global Green Growth Institute, Korea’s Green New Deal Trust Fund and the National Energy Efficiency Agency would identify industrial energy savings potential and translate it into economically viable regional climate mitigation projects.
For urban infrastructure, the delegation discussed a USD 400,000 project on livable and efficient cities with the French Development Agency and Expertise France, exchanging trilateral cooperation documents to support the program. The Singapore talks focused on cooperation under Article 6.2 of the Paris Agreement, implementing international carbon market mechanisms and improving Uzbekistan’s legal and institutional arrangements. The parties also considered participation in international trading of carbon units and opportunities for practical cooperation.