The European Bank for Reconstruction and Development (EBRD) is committing funds to overhaul the district heating system in Dushanbe, according to EBRD Dushanbe Resident Office
The country’s first project under the EBRD Green Cities program will reduce the environmental impact of the municipal utility.
A financing package of up to US$10 million, consisting of a US$ 5 million sovereign loan and a US$ 5 million grant, will be provided to the District Heating Company of Dushanbe. The package will be used to restore, upgrade and extend the existing district heating network and to overhaul pumping stations.
As part of the project, and for the first time in Tajikistan, Dushanbe will introduce apartment-level metering on a pilot basis and procure operational and maintenance machinery and other specialized equipment.
EBRD Green Cities is providing Dushanbe with support to develop a Green City Action Plan (GCAP), a crucial tool in helping cities to set out their sustainable development visions and strategic objectives, in addition to actions and investments to address priority environmental issues. With a population of more than 800,000, Dushanbe is the largest municipality in Tajikistan. The EBRD’s Shareholder Special Fund finances the development of the Dushanbe GCAP.
Once implemented, the project will have a significant climate impact by reducing annual greenhouse gas emissions by around 39,000 tons of CO2 equivalent. It should also achieve annual water savings of around 100,000 cubic meters.
The project is part of the EBRD’s recently announced plan to scale up its climate and environmental finance and to make more than 50 per cent of its annual investment green by 2025.
The EBRD Green Cities program, set up in 2016, now supports 45 cities in the economies where the Bank invests and aims to increase that number to 100 by 2024. It has so far secured more than €2.5 billion in funding from the Bank’s own resources, as well as concessional and technical cooperation funding from donors.
To date, the EBRD has invested €731 million through 139 projects in Tajikistan’s economy.
Tourism Development Committee releases the 2nd report on the risk of plague; this time, it says the risk is minimal
Eight members of Tajik opposition group detained in Rome
Tajikistan-Italy investment forum result sin signing of contracts worth more than US$160 million
Emomali Rahmon meets with WeBuild Group CEO in Rome to discuss the progress of construction of Roghun HPP
The population of Central Asia expected to exceed 1000 million by 2050
Tajikistan authorities warn about the risk of appearance of the plague in the country
Dushanbe to host international exhibition-fair from May 3-5
Huawei and Koinoti Nav lunches the first authorized training center in Tajikistan
Russia deputy defense minister detained on suspicion of bribery
AKDN Resident Representative meets newly appointed Global Head of AKFED IPS group of companies
All news
Авторизуйтесь, пожалуйста