Advancing Green Investment and Resilient Economic Growth Program (Subprogram 1) (ADB-58326-001)

Regions
  • Europe and Central Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • Kyrgyzstan
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
C
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Sep 30, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Kyrgyzstan
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Finance
  • Law and Government
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services, Grant, Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 50.50 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 40.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Grant Amount (USD)
$ 10.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Feb 19, 2026

Disclosed by Bank Sep 30, 2025

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

As stated by the ADB, the program supports the Kyrgyz Republic's ambitious reform agenda to accelerate climate action, attract sustainable investment, and transition to a low-carbon, climate-resilient economy. It aims to:

(i) strengthen climate-aligned policies, coordination, and institutional arrangements;
(ii) enhance the enabling environment for mobilizing public and private finance for climate action; and
(iii) strengthen adaptation priorities and resilience to climate impacts.

Subprogram 1 ($50 million), implemented from January 2024 to September 2025, established the foundation for new regulations, sector programs, initiatives, and institutional frameworks. Subprogram 2 ($50 million), scheduled from September 2025 to June 2027, will continue and expand operationalization of the frameworks that have been adopted. These integrated fiscal, financial, and institutional reforms aim to reduce climate-induced economic vulnerabilities, improve public financial management (PFM), and unlock investment opportunities.

The program's impact is aligned with the National Development Strategy of the Kyrgyz Republic for 2018-2040 and the National Development Program of Kyrgyz Republic until 2030 to provide better economic opportunities for citizens through sustainable, inclusive, and resilient economic growth. The program outcome is climate action, investment, and the green economy transition accelerated. The program will create a coherent and effective institutional setup, mobilize climate finance, and develop adaptation priorities to strengthen the country's economic resilience to climate change. Crosscutting issues of gender and social inclusion are addressed together with improved standards, environmental management, and support to regional cooperation and integration. Strengthened institutions and policies will drive more climate investments, open new sectors for growth, and support a resilient, low-carbon green economy, resulting in higher and sustainable growth.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

ADB Team Leader:

Bobir Baisovich Gafurov
Email: bgafurov@adb.org 

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.adb.org/forms/request-information-form

ADB has a two-stage appeals process for requesters who believe that ADB has denied their request for information in violation of its Access to Information Policy. You can learn more about filing an appeal at: https://www.adb.org/site/disclosure/appeals

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main.

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How it works