Green Finance Market assessment in Kyrgyzstan
Green Finance Market assessment in Kyrgyzstan
May 2, 2023
The global community has recognized that the transition to a green economy is closely linked to the development of sustainable finance, that is, “in order to maintain sustainable growth, it is necessary to develop principles for sustainable financing and mobilize the necessary financing".
This market study was aimed to assess supply and demand for loans to green projects in the Kyrgyz Republic, and explore issues related to the definition of green loan criteria. The study reflects the current situation with green finance in the financial market and develops measures to create an enabling environment for the establishment of the Kyrgyz Green Finance Facility (KGFF). It is also provides evidence and complement the feasibility study for establishing KGFF in the Kyrgyz Republic.