Uzbekistan is one of the countries, most vulnerable to the effects of climate change. Since 1951 there is a warming trend in Uzbekistan, with the average annual temperature increasing by 0.27 ° every 10 years (Third National Communication of the Republic of Uzbekistan under the UNFCCC, 2016). Uzbekistan also faces the problem of desertification, exacerbated by the drying up of the Aral Sea. The growing number and intensity of extreme weather events create additional risks both for the economy of Uzbekistan and for social well-being in general. The Green Climate Fund (GCF) is helping to partially solve these problems.
The Green Climate Fund (GCF) is a unique global initiative that addresses climate change issues by funding climate change mitigation and adaptation projects in developing countries. It was created at the Sixteenth Conference of the Parties to the United Nations Framework Convention on Climate Change in Cancun with the participation of 194 governments to reduce greenhouse gas emissions in developing countries in 2010, as well as to help vulnerable communities adapt to the inevitable impacts of climate change.
Uzbekistan’s needs for climate finance are significant. Also, despite the existing experience in developing and managing climate projects, there are still gaps in the institutional capacity of the Republic to ensure that Uzbekistan will be able to systematically access, manage and control climate finance in the light of predicted risks.
The initial preparatory activities for training and capacity building in the area of climate finance were carried out under the joint UNDP / UNEP / Uzhydromet project “Green Climate Fund Readiness Programme in Uzbekistan”, implemented in the period 2016-2019, which is funded by the Federal Ministry of the Environment, nature protection, building and nuclear safety (BMUB) Germany.
Objective of the project
"GCF Readiness project for Uzbekistan", implemented on the basis of a partnership between the GCF / UNOPS / Uzhydromet, is a logical continuation of the previously implemented project and will assist Uzbekistan in strengthening the capacity of the National Designated Authority - Ministry of Investments and Foreign Trade of the Republic of Uzbekistan (MIFT), Uzhydromet as the executive agency of the Republic of Uzbekistan for interaction with the UNFCCC and national institutions for the implementation of climate change mitigation and adaptation measures; will help revise and institutionalize the climate finance review and coordination mechanism and implement effective methods, tools and information systems to better inform decision-makers about climate risks and finance. The project also provides support for the development of a country program for planning and financing strategies, projects to scale up adaptation and mitigation of climate change impacts in Uzbekistan.
The project to prepare Uzbekistan for access to GCF resources includes the implementation of four thematic components, through cooperation and interaction with all interested government organizations, local financial institutions and other interested organizations.
- Build institutional capacity and coordination mechanisms to manage and coordinate climate action and climate finance
- Country Programming Process, which includes the development of a Country Program that identifies and sets national priorities for climate finance and ensures that they comply with GCF requirements
- Direct access to climate finance. The project will assist NDA in the study and designation, as well as in capacity building, advisory and technical support to organizations seeking accreditation with the GCF, especially those that have the potential to implement a priority line of national climate projects.
- Strengthening the climate finance strategy and portfolio of climate projects.
Implementation of the above components will ensure complementarity between planned activities and strengthen the capacity of Uzbekistan's national institutions to improve the coordination of climate finance and the implementation of programs focused on adaptation and mitigation of climate change impacts in partnership with the GCF.