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Sustainable Infrastructure for Low-Carbon Development in Central Asia and the Caucasus

Hotspot Analysis and Needs Assessment

image of Sustainable Infrastructure for Low-Carbon Development in Central Asia and the Caucasus

This report analyses planned infrastructure projects, decision-making frameworks related to infrastructure development and strategic planning documents in eight countries in Central Asia and the Caucasus: Azerbaijan, Georgia, Kazakhstan, the Kyrgyz Republic, Mongolia, Tajikistan, Turkmenistan and Uzbekistan. It compares current investment flows with countries' national development objectives to identify misalignments and provides policy-makers with recommendations to improve the integration of climate change and other environmental concerns into infrastucture 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.

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Executive Summary

Most economies of Central Asia and the Caucasus The report covers five former Soviet republics of Central Asia (Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan) plus Mongolia, Azerbaijan and Georgia. have seen unprecedented growth over the past two decades, reaping benefits of market reforms and taking advantage of relatively high commodity prices in hydrocarbon and metals. As they are now looking at diversifying their economies and integrating to global value chains to protect themselves from commodity price volatility, their existing infrastructure underperforms in its role to support inclusive economic development and connectivity in the region after decades of underinvestment (see ).

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