Central Asia

Identifying Successful Means to Advance Inclusive Climate Financing


The Government of Tajikistan unveiled its NDC Implementation Plan and Climate Finance Plan at the Climate Finance Forum for Central Asia & South Caucasus in July 2023, detailing the country’s strategy to achieve its updated and enhanced NDC targets under the global Paris Agreement.

The Forum, organized by the NDC Partnership and United Nations (UN) Climate Change Secretariat, brought together more than 130 participants from NDC Partnership country members, international finance institutions, and other development partners to identify areas of collaboration and regional cooperation towards effective NDC implementation.

More than 130 participants from NDC Partnership country members, Armenia, Azerbaijan, Georgia, Mongolia, Tajikistan, Kyrgyzstan, Uzbekistan, Kazakhstan and Turkmenistan were represented and shared successful means to advance inclusive climate financing and international investment for NDC implementation through a dedicated peer exchange session.

This was followed by a three-day needs-based financing workshop, featuring trainers from the Green Climate Fund and the Adaptation Fund. Participants brought a diverse set of climate-related experiences in Central Asia, influencing and informing climate policy and action throughout the region.

The workshop provided participants with tools and knowledge to identify and develop regional project ideas, including around critical themes like green bonds, early warning systems and disaster risk reduction, agriculture, forestry, and other land uses (AFOLU), and sustainable rural development focused on locally-led adaptation. Utilizing the insights shared by the trainers, the participants further refined these ideas by incorporating elements such as climate rationale, theory of change, safeguards requirements, and monitoring and evaluation frameworks with the expected next step of nurturing the project ideas in collaboration with interested partners.

chapter 1:

Learning from Tajikistan’s experience

Mobilizing the finance required to achieve the Paris Agreement targets requires a transformational vision. Tajikistan’s experiences were discussed throughout the 4-day event. In the country, through the Committee for Environmental Protection (CEP), the government is developing the required policy frameworks and enabling spaces for stakeholder exchange and engagement.

Upwards of 50% of long-term emission reductions by 2030.

Tajikistan’s NDC Implementation Plan, supported by UNDP, presents a roadmap for mitigation and adaptation actions to achieve significant, long-term emission reductions — upwards of 50% of 1990 levels by 2030 — and increases the country’s resilience to climate change.

The Plan identifies nearly 100 mitigation and adaptation actions across numerous sectors, including energy, industrial process and use, agriculture, forestry, land use and waste.

It’s estimated that 7% of Tajikistan’s Gross Domestic Product will be required to finance all of the goals in the Implementation Plan.

As such, the Climate Finance Strategy, developed with support from the Asian Development Bank (ADB), serves to identify, mobilize, assess and scale up international climate finance to assist Tajikistan in achieving these targets.

Both policy instruments are expected to serve as comprehensive frameworks to spell out the country’s strategy for achieving its climate mitigation and adaptation targets by developing comprehensive recommendations to support the enabling environment for climate investments.

The plan recommends structural reforms needed to increase flows of finance for NDC investments which will also support scaling up of climate action in the future.

ADB's Principal Climate Change Specialist, Kate Hughes
chapter 2:

Investment Planning Capacity

Through the peer exchange session, participants shared their main challenges in creating enabling environments and institutional arrangements for NDC finance mobilization, such as the limited institutional capacity and insufficient resources hindering the effective execution of climate action plans. Additionally, information gaps pose a significant obstacle, as crucial data necessary for decision-making may be unavailable.

Furthermore, inadequate communication and collaboration between ministries and government agencies hamper coordinated efforts toward NDC implementation. Moreover, the lack of access to international resources further exacerbates these countries’ difficulties in achieving climate goals. Addressing these barriers is crucial to enhance NDC implementation and promote sustainable development in the region.

Best Practices


Establishing effective coordination mechanisms to foster cooperation among various ministries and stakeholders, ensuring a cohesive approach towards climate action. Similarly, coordination mechanisms between development partners are vital in aligning objectives and leveraging resources for sustainable development.


Establishing robust Monitoring, Reporting, and Verification (MRV) systems is essential for tracking progress and ensuring transparency in climate actions.

Capacity Development

Establishing robust Monitoring, Reporting, and Verification (MRV) systems is essential for tracking progress and ensuring transparency in climate actions.


Inclusivity and participation of all stakeholders are crucial for achieving comprehensive and sustainable solutions.

Climate Champions

Appointing climate envoys who champion the climate agenda, raise awareness, and mobilize political can significantly drive climate action.

chapter 3:

Identification and Prioritization of Investment Needs

Participants also shared their insights on the main challenges and best practices to prioritize investments and engage stakeholders in the process. In accessing financing for projects, considering the level of decentralization is crucial. Highly decentralized countries require additional support, so governments should prioritize projects rigorously to allocate resources efficiently and guide development partners effectively.

This involves identifying national development and climate priorities, including plans, strategies, and commitments such as NDCs and NAPs. It also entails conducting socio-economic analysis, engaging stakeholders, and employing modeling systems to assess project impacts and resilience.

Establishing inclusive multi-stakeholder processes and engaging with financiers are important steps. Additionally, creating programs and pipelines for prioritized projects, with capacity support as needed, streamlines the implementation and financing process.

Countries must consider decentralization, prioritize projects, and create programs and pipelines to access financing. Countries can effectively utilize resources and achieve their development and climate objectives by aligning with national priorities, employing a rigorous approach to project selection, and engaging stakeholders.

chapter 4:

Investment Mobilization

Representatives from development partners, the private sector, multilateral development banks, and multilateral climate funds also discussed their perspectives and success stories surrounding climate finance mobilization. This session allowed participants to understand the complex landscape of climate finance and explore potential collaboration and resource mobilization pathways.


The Forum highlighted the crucial role of collaboration between governments and development partners in formulating effective and sustainable NDC investment plans. The success of these plans relies heavily on the combined efforts, resources, and expertise of all stakeholders involved.

By working together with governments from the planning stage, development partners can align their assistance with the priorities and needs of the countries they support. This synergy enhances the overall quality of investment plans and fosters a sense of ownership and commitment among all parties, laying the foundation for successful implementation.

The Republic of Tajikistan hopes that developed countries, United Nations structures, international and regional organizations, and influential financial institutions will continue to cooperate in the implementation of the Climate Finance Plan for the implementation of Tajikistan's NDCs.

Mr. Mavlodod Abdulkodir, CEP Deputy Chairman