13 February 2013, BishkekHonma Masaru

Director for Central Asia, EBRD

© European Bank for Reconstruction and Development 2010 | www.ebrd.com

EBRD’s Activities in Water and Environment in Central Asia

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What is the EBRD?

International financial institution, promotes transition to market economies in 34 countries from central Europe to central Asia

In 2011, the Bank expanded its operations to include Egypt, Morocco, Tunisia, and Jordan (Southern and Eastern Mediterranean – SEMED region)

Owned by 64 countries and twointer-governmental institutions

Capital base of €30 billion*

2012 Annual Business volume of €8.7 billion in 388 projects in the traditional area of operations plus €181 million in 6 projects into SEMED region

Cumulative commitments of €78.9bn

Note: Unaudited as at 30 December 2012

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Water Supply Projects

• Tajikistan• Started from Khujand in 2004

• Covered 21 cities (10 cities in Sughd, 5 in Khatlon, 4 in the Central District and 1 in GBAO)

• Further coverage of several new cities and 2nd, 3rd phases for existing cities

• Started first wastewater project in Khujand

• Kyrgyz Republic• Started from Bishkek in 2009

• Covered 4 cities (Bishkek, Osh, Jalalabad, Kara-Balta)

• Further Coverage of several new key cities during 2013-14 (Talas, Kant, Tokmok, Balykchi, Cholpon-Ata, Naryn, etc.)

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Water Supply Projects: Tajikistan

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Water Supply Projects: Tajik Water

Tajikistan: ponds before and after the project implementation

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Water Supply Projects (continued)

• Co-financed with grant investment facilities of SECO, EU and EBRD’s Special Shareholders Fund (SSF)

• Active Policy Dialogues:– Tariff reforms towards cost recovery

– Corporate Governance of Water Utility Company

– Procurement rules

– Environmental issues

•Public consultations and stakeholder participation programs

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Solid Waste Management Projects

• Tajikistan• Started from Dushanbe in 2008

• Covered 2 cities (Dushanbe, Khujand) and 2 in the pipeline (Tursunzade and KurganTube)

• Co-financed with Switzerland, EBRD’s SSF

• Active Policy Dialogue (Tariff reform, Corporate Governance, Procurement rules, Environmental issues)

• Kyrgyz Republic• 3 cities with advanced stage of preparation (Bishkek, Osh,

Jalalabad)

• Further coverage of key cities during 2013-15

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Water and Environment Projects in Kazakhstan and Uzbekistan

• Kazakhstan• Shymkent Vodokanal (€6 million)

• Shymkent Wastewater Modernisation (€14 million)

• Aktau Solid Waste Management (€12 million)

• Aktau Water (€6 million)

• Uzbekistan• Tashkent Water Supply Improvement (€7 million)

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Energy Efficiency

• Kyrgyz Republic• EE Credit line Board approved in December 2012

• USD 20 million Credit Lines via local financial institutions

• Final Borrowers: SMEs and individuals for energy saving investments

• €6.8 million EU grant (for capital incentives and consultants)

• Energy Efficiency Technical Assistance (adoption of primary and secondary legislation, institutional sector capacity building)

• Tajikistan

• Energy Loss Reduction Programme €21 million signed in 2010

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Agriculture in Tajikistan

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Environmentally Friendly Agriculture Development

• Tajik Agricultural Financing Framework (TAFF)

• Introduce commercially viable agricultural financing

• Target: cotton and non-cotton

• EU funded (€5.2 million) TCs for credit officers, farmers, agronomists

• Replicated in Georgia (potentially in Kyrgyz Republic and Mongolia)

• Better Cotton initiative (support best practices in cotton production and trade)

• Financing good agribusiness projects in the region (manufacturing of dry fruits, cheese, edible oil, juice, etc).

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EU-EBRD Cooperation: IFCA

• IFCA: Investment Facility for Central Asia

• Since 2010 contributed €42 million for 6 projects, including energy efficiency, water supply 

• Tajikistan:

– Sughd (Khujand region) Energy Loss Reduction Project (1st IFCA project): EBRD loan €7 million; EU/IFCA investment grant €7 million and EIB loan €7 million

– Central Tajik Water Rehabilitation Project: EBRD loan $7 million; EU/IFCA investment grant €6 million and EU TC €1 million

– Khatlon Tajik Water Rehabilitation Project EBRD Loan $5 million; EU/IFCA investment grant €7 million and EU TC €0.8 million

• Kyrgyz Republic:

– Kyrgyz Sustainable Energy financing facility (€6.8 million)

• New Initiative: Central Asian Technical Assistance Framework for municipality infrastructure – €8 million approved by IFCA committee in 2012– Main targets: Tajikistan and Kyrgyz Republic

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For Further Information

Please contact:

Masaru Honma, Director, Central Asia

HonmaM@ebrd.com

Ulf Hindström, Head of Dushanbe Resident Office

Hindstru@ebrd.com

Larisa Manastirli, Head of Bishkek Resident OfficeManastil@ebrd.com