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  • Project and GCF Related News
    Project and GCF Related News

    Check out all the recent developments within the project and get information about latest events as well as publications associated with the Green Climate Fund.

During August 26-27, 2018 in the Tashkent region a seminar was held by national organizations in Uzbekistan concerning the theme of preparations of project proposals for the Green Climate Fund.

The organizers of the event were a partnership between the UNDP in Uzbekistan, the Hydrometeorological Service Center under the Ministry of Emergency Situations of the Republic of Uzbekistan and the UN Environment “The Green Climate Fund Readiness Programme in Uzbekistan”. The trainers-experts of the Institute for Forecasting and Macroeconomic Research presented to the seminar participants a vision of the developing situation of the country's economy, presentation materials regarding the Green Climate Fund and its criteria and opportunities, climate change, along with the procedure for preparing project proposals in the GCF.

Participating in the seminar, were groups who possessed the capacity to assess the ability of organizations to manage financial resources for environmental and social protection. Among them were the branches of JSCB Hamkorbank and the Fund for Reconstruction and Development of Uzbekistan, which was supported in the further accreditation process under the GCF by the UNDP project and the National Authorized Organization Uzhydromet. In addition, there was a presentation of the applicant organizations presentations which had been selected for the preparation of project proposals to the Green Climate Fund. They were the Hydrometeorological Service Center under the Ministry for Emergency Situations of the Republic of Uzbekistan with the project “Development of agrometeorological services for ensuring climate-resilient sustainable agricultural production in Uzbekistan”, the International Solar Energy Institute (IISE) with the project on reconstruction and modernization of the heat supply sector of the Republic of Uzbekistan with the introduction of solar technologies, as well as the Association of Enterprises of Alternative Fuels and Energy of the Republic of Uzbekistan, who demonstrated a project to reduce greenhouse gas emissions in the atmosphere through the construction of agricultural biogas plants. Applicant organizations there shared their practical experience with the participants regarding applying for climate finance funding and discussed issues of financial models of declared projects, risk factors and measures to mitigate them, as well as implementation of the objectives of the projects aimed at preventing climate change.

During the two-day training seminar, the participants became acquainted with the full version of the manual on GCF project proposal development, which provides a detailed description of the process of preparing project proposals for various areas of climate finance and receiving funds from the Green Climate Fund.

At the seminar sessions, the IPMI national experts presented to the attention of bankers and economists: the forecast of the main macro indicators for 2019-2021, the forecast of small business development for the period 2019-2021, as well as the analysis and assessment of fiscal policy instruments in use and approved in 2018 in the Concept of Improving the Taxation policy of the Republic of Uzbekistan.

At the end of the workshop, the participants expressed their ideas and proposals aimed at solving important environmental and climatic problems, the application of which will reduce greenhouse gas emissions and help to adapt and adjust to negative climatic influences and conditions.

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