Uzbekistan Climate Resilience Framework



Project number:


Business sector:


Notice type:


Environmental category:


Approval date:

30 Sep 2020



PSD disclosed:

23 Sep 2019

Project Description

A five-year framework of up to EUR 156 million in sovereign financing to the Republic of Uzbekistan to support the rehabilitation of 8 small-to-medium size hydro power plants (HPPs) of JSC "Uzbekhydroenergo".

Project Objectives

The Framework's objective is to support the strategic investment programme for the development of the hydropower sector of Uzbekistan via the rehabilitation of current HPPs, which will play a crucial role in decarbonisation and climate resilience efforts of the power sector of Uzbekistan.

Transition Impact

ETI score: 60

The transition impact of the Framework stems from its expected contribution to (i) the Green Transition Impact ("TI") quality through extending the lifetime of hydro power plants in Uzbekistan, allowing these to continue to deliver low-carbon electricity to the system.  The Framework also contributes to (ii) the Well-governed TI Quality through bringing improvement to the Clients' environmental and social management system in line with international standards ISO 14001/45001.

Client Information


The Framework implementing entity will be JSC "Uzbekhydroenergo", a 100 per cent state-owned joint-stock company operating all hydropower generation assets (40 HPPs) in Uzbekistan.

EBRD Finance Summary

EUR 155,800,000.00

Total Project Cost

EUR 155,800,000.00

Up to EUR 156 million sovereign loans to the Republic of Uzbekistan for sub-projects under this Framework to finance rehabilitation of 8 HPPs.

Environmental and Social Summary

Frameworks are not subject to Categorisation under the 2014 ESP, however, sub-projects to be financed under the Framework have been confirmed to be Category B.  In the unlikely situation of a sub-project triggering Category A requirements it will be treated as such as a standalone project.  The key E&S impacts/risks associated with the Framework are associated with the client's capacity, capability and resources to implement any sub-projects within the Framework in accordance with the EBRD's E&S Requirements.  Environmental and Social (E&S) due diligence has been undertaken by the EBRD with the support of an independent consultant and included an appraisal of the Company's corporate E&S institutional capacity and current operating performance.  As the company is at a relatively early stage of its evolution, the ESDD identified the need to build capacity and capability in order to be able to effectively implement the EBRD's Performance Requirements.  A corporate level ESAP was therefore developed to put in place overarching governance structure under which future sub-projects will be delivered.  EBRD will work with the company, possibly with the support of Technical Cooperation funds, to assist with the future implementation of corporate E&S standards.  This includes development of E&S policies, procedures and systems, capacity building and assisting with the governance structure of the relevant departments with E&S responsibilities.

The Company is focused on compliance with national regulations and currently has limited capacity and experience in developing or implementing projects in line with IFI requirements such as the EBRD's E&S policies.  The Company's E&S management organisation needs to be strengthened and developed to enable the projects under the Framework to be structured to meet EBRD's Performance Requirements. A formal E&S policy positon will need to be developed which will form the basis for a detailed E&S Management System and subsequent operational procedures.  To this end, the ESAP requires the appointment of a Corporate E&S Manager.  In addition, the PIU will include an E&S Manager and a Community Liaison Officer.  The Projects under the Framework are expected to realise many positive benefits including improved resource use and increased generation of renewable energy in a country, which is heavily dependent on fossil fuels for energy production, in addition to other institutional and project level improvements which will have a considerable demonstration effect.

Technical Cooperation and Grant Financing

Technical assistance to support the project implementation unit with the preparation and implementation of sub-projects under the Framework.

Company Contact Information

Khasan Khasanov

PSD last updated

14 Jul 2020

Understanding Transition

Further information regarding the EBRD’s approach to measuring transition impact is available here.

Business opportunities

For business opportunities or procurement, contact the client company.

For business opportunities with EBRD (not related to procurement) contact:

Tel: +44 20 7338 7168

For state-sector projects, visit EBRD Procurement:

Tel: +44 20 7338 6794

General enquiries

Specific enquiries can be made using the EBRD Enquiries form.

Environmental and Social Policy (ESP)

The ESP and the associated Performance Requirements (PRs) set out the ways in which the EBRD implements its commitment to promoting “environmentally sound and sustainable development”.  The ESP and the PRs include specific provisions for clients to comply with the applicable requirements of national laws on public information and consultation as well as to establish a grievance mechanism to receive and facilitate resolution of stakeholders’ concerns and grievances, in particular, about environmental and social performance of the client and the project. Proportionate to the nature and scale of a project’s environmental and social risks and impacts, the EBRD additionally requires its clients to disclose information, as appropriate, about the risks and impacts arising from projects or to undertake meaningful consultation with stakeholders and consider and respond to their feedback.

More information on the EBRD’s practices in this regard is set out in the ESP.

Integrity and Compliance

The EBRD's Office of the Chief Compliance Officer (OCCO) promotes good governance and ensures that the highest standards of integrity are applied to all activities of the Bank in accordance with international best practice. Integrity due diligence is conducted on all Bank clients to ensure that projects do not present unacceptable integrity or reputational risks to the Bank. The Bank believes that identifying and resolving issues at the project assessment approval stages is the most effective means of ensuring the integrity of Bank transactions. OCCO plays a key role in these protective efforts, and also helps to monitor integrity risks in projects post-investment.

OCCO is also responsible for investigating allegations of fraud, corruption and misconduct in EBRD-financed projects. Anyone, both within or outside the Bank, who suspects fraud or corruption should submit a written report to the Chief Compliance Officer by email to All matters reported will be handled by OCCO for follow-up. All reports, including anonymous ones, will be reviewed. Reports can be made in any language of the Bank or of the Bank's countries of operation. The information provided must be made in good faith.

Access to Information Policy (AIP)

The AIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations following its entry into force on 1 January 2020. Please visit the Access to Information Policy page to find out what information is available from the EBRD website.

Specific requests for information can be made using the EBRD Enquiries form.

Independent Project Accountability Mechanism (IPAM)

If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (e.g. through the Client’s Project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).

IPAM independently reviews Project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the Mechanism is: to support dialogue between Project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or Project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.

Please visit the Independent Project Accountability Mechanism webpage to find out more about IPAM and its mandate; how to submit a Request for review; or contact IPAM  via email to get guidance and more information on IPAM and how to submit a request.


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