Uzbekistan to Receive $6.5 Million for Green Economy Development
Published
Agreement signed at COP29
On November 14 in Azerbaijan’s Baku, during the 29th session of the UN Climate Change Conference of the Parties (COP29), Uzbekistan and the Global Green Growth Institute (GGGI) signed a Framework Agreement to support the transition to a green economy. The document outlines the allocation of grants amounting to $6.5 mln.
The funds will be directed towards developing sustainable agriculture and forestry, supporting green financing, conducting strategic environmental assessments, and establishing carbon markets.
