ADB to Support Turkmenistan in Green Transition to Sustainable Economy
20:01 04.09.2024 992
The Asian Development Bank (ADB) has launched a new country partnership strategy for Turkmenistan to help the country develop a competitive and diversified economy, the bank’s country office said.
Under the new strategy, which covers the period 2024–28, ADB’s assistance will focus on three strategic priorities: supporting the green transition to a sustainable and climate-resilient economy; enhancing economic competitiveness through diversification, with a focus on the private sector and human capital; and promoting structural reforms and institutional development.
The new strategy will include support for the country’s green transformation, including investments in energy efficiency, renewable energy, low-carbon pilot projects, and policy reforms. The Bank will continue to help Turkmenistan develop long-term decarbonization plans and reduce methane emissions in line with the country’s climate change goals.
The Bank will help develop an export-oriented private sector and continue to support domestic financial institutions, including to improve access to capital for small and medium enterprises targeting export markets. ADB will also continue to support Turkmenistan’s accession to the World Trade Organization.
The President of Turkmenistan discussed cooperation in energy and other areas with the new Ambassador of India
On February 20, President Serdar Berdimuhamedov received the newly appointed Ambassador Extraordinary and Plenipotentiary of the Republic of India to Turkmenistan, Madhumita Hazarika Bhagat.
The oil and gas potential of Turkmenistan will be presented at the investment forum in Paris
The International Forum to attract foreign investment in the energy sector of Turkmenistan (TEIF 2024) will be held in Paris on April 24-25, 2024 at the Hyatt Regency Etoile hotel. The forum is organized by the State Concerns “Turkmengas” and “Turkmennebit” in cooperation with the Turkmen Forum and the British company GaffneyCline.
The international magazine “The Investor” will present the trade and economic potential of Turkmenistan
The prospects for cooperation in the international information space between Turkmenistan and The Investor magazine were discussed during a meeting at the Ministry of Foreign Affairs of Turkmenistan on February 20, reports the Ministry of Foreign Affairs of our country.
The «Marygazupjunchilik» department is preparing gas networks for the autumn-winter season
Employees of the «Marygazupjunchilik» department have partially completed and continue to carry out a further set of important measures for uninterrupted and trouble-free gas supply in the autumn-winter period.
Diplomats of Turkmenistan and China discussed the prospects for cooperation in the field of transport, energy and other areas
Minister of Foreign Affairs of Turkmenistan Rashid Meredov and Chinese Ambassador Qian Naicheng at a meeting on Thursday noted the great potential of bilateral trade and economic cooperation in the interests of developing regional and international partnerships, the website of the Foreign Ministry of Turkmenistan reports.