Kyrgyz PPCR: Financing the Establishment and Operations of the Centre on Climate Finance of the Kyrgyz Republic


Kyrgyz Republic

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PSD disclosed:

01 Jul 2021

Project Description

The Kyrgyz Republic is one of the most vulnerable countries in Central Asia to climate change risks due largely to its glacial hydrology and mountainous terrain. Key economic sectors are vulnerable to these impacts, which are further exacerbated by the state of the country’s infrastructure.

In 2015, Kyrgyz Republic joined the Pilot Programme on Climate Resilience (“PPCR”) supported by Climate Investment Funds (“CIF”). The PPCR has provided financial support that enabled the Kyrgyz Republic to develop a strategic climate investment planning framework – the Strategic Programme for Climate Resilience (the “Strategic Programme” or “SPCR”) and a climate finance coordination system that would effectively manage the implementation of the Strategic Programme. The development of the coordination system was led by the EBRD along with the Asian Development Bank (“ABD”), the World Bank, and the community of development partners in the Kyrgyz Republic.

On 17 August 2017, the Government issued a Resolution establishing the Centre on Climate Finance of the Kyrgyz Republic to support the mobilisation and access of climate and development funds for investments in key economic sectors.

The Climate Finance Centre will act as a bridge with major climate donors, MDBs and development partners active in the country. The Climate Finance Centre will be a central unit coordinating the Kyrgyz Republic’s efforts in accessing climate funds and channelling them into transformative investments supporting national development priorities.

The EBRD – acting as administrator of the grant funds held in the CIF's PPCR – will provide a grant to the government via its TC Programme for the Project “Financing the Establishment and Operation of the Centre on Climate Finance of the Kyrgyz Republic". The grant will enable the operationalisation of the Climate Finance Centre and its work in coordinating the realisation of the Climate Investment Programme to commence. The Centre will introduce a Project Preparation Facility (PPF) that will enable it to develop project proposals from the Kyrgyz Climate Investment Programme (CIP) into viable project concepts potential for financing by MDBs and other partners. The PPF Team will provide in-house, international standard expertise and capacity for developing project concepts and proposals for projects selected and funding by donors, development partners and climate funds etc. as prioritised by the KR Government and in line with the main national climate policy documents /pipelines and commitments.

Understanding Transition

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

Business opportunities

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Tel: +44 20 7338 7168

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Tel: +44 20 7338 6794

Any competitive selections for business opportunities relating to this project will be published on the EBRD's website: Consultancy Procurement Opportunities.

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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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