December 2019

Sustainable Infrastructure for Low-Carbon Development in Central Asia and the Caucasus: Hotspot Analysis and Needs Assessment, Green Finance and Investment

This report presents key findings from an analysis of the strengths and weaknesses of existing institutional frameworks for strategic planning of sustainable infrastructure in eight countries of Central Asia and the Caucasus.


This report examines planned infrastructure projects and decision-making frameworks for strategic planning of infrastructure development in eight countries in Central Asia and the Caucasus: Azerbaijan, Georgia, Kazakhstan, the Kyrgyz Republic, Mongolia, Tajikistan, Turkmenistan and Uzbekistan. 

Current investment flows are compared with countries' national development objectives to identify misalignments and provide policy-makers with recommendations to improve the integration of climate change and other environmental concerns into infrastructure development decision-making processes. The report presents a comprehensive overview of infrastructure investment, primarily in the transport and energy sectors, throughout the region, and identifies the risks and opportunities emerging from current investment patterns.