Astana, September 17, 2024 – The Europe Today: President Sadyr Japarov of Kyrgyzstan emphasized the Central Asian region’s vast natural wealth and outlined pressing environmental challenges during his speech at the Germany-Central Asia Summit in Astana. He underscored the region’s abundance of natural resources, including hydropower, a wide range of metals—critical elements among them—green energy potential, and a highly educated, industrious workforce.
However, Japarov also raised concerns about the impact of climate change, particularly the alarming rate at which Kyrgyzstan’s glaciers are melting. “Kyrgyzstan may lose more than 80% of its glaciers by the end of the century,” he warned, noting that this could result in severe water shortages for Central Asia, a region where water demand is rising due to population growth and economic development.
President Japarov praised Germany’s commitment to addressing climate change and the efficient management of water resources. He proposed the establishment of a regional center for energy-efficient and resource-saving technologies in Bishkek, in collaboration with Germany. “The joint implementation of this initiative, along with the development of the region’s research capacity, will allow us to enhance the efficient use of water, energy, and other resources, reduce environmental impact, and ensure sustainable development across Central Asia,” he explained.
In addressing the challenges of financing climate projects, Japarov suggested a novel approach: the exchange of public debt for green projects. This, he proposed, could serve as a new mechanism to fund climate and environmental initiatives, particularly given the limited availability of climate financing and the constraints on state budgets.
The President also highlighted Kyrgyzstan’s efforts to attract investors and advanced technologies for hydropower projects, including the construction of the Kambar-Ata-1 hydropower plant. Recent regulatory reforms, he added, have enhanced the safety and guarantees for foreign investments in the country.
On the topic of regional trade, President Japarov provided an update on the strategic China-Kyrgyzstan-Uzbekistan railway project. “Its successful implementation will expand freight transportation routes from Asia to Europe, the Middle East, Persian Gulf countries, and North Africa,” he said, encouraging German businesses to participate actively in the creation of logistical centers along the new railway route.
Japarov’s remarks at the summit highlight both the opportunities and challenges facing Central Asia, as the region seeks to balance economic growth with environmental sustainability in an era of increasing climate risks.
