BAKU, Azerbaijan, February 9. The EBRD will
invest in renewable energy projects and promote energy-efficiency
measures across various sectors, Head of the European Bank for
Reconstruction and Development (EBRD) Resident Office in
Tajikistan, Holger Wiefel, told Trend.
He asserts that this initiative will bolster Tajikistan's
capacity to adapt to climate challenges.
"I have already mentioned our newly approved country strategy
for Tajikistan. It covers all the areas, which offer a significant
growth potential. First of all, we are talking about renewable
energy, resources, and energy efficiency," he said.
Furthermore, Wiefel noted that the bank will also finance
investments in transport infrastructure to enhance regional and
domestic connectivity, supporting trade and economic
integration.
"It will also promote digital infrastructure development to
modernize the economy and improve service delivery. Our plan is to
work with municipalities across Tajikistan to improve the delivery
and sustainability of urban services, including water supply and
urban transport," Wiefel delineated.
He further stated that the bank will continue its fruitful
cooperation with partner banks to enhance the competitiveness of
local firms and expand access to financial services, particularly
for small and medium-sized enterprises.
