ADB operations in Kazakhstan support sustainable post-pandemic recovery, help reduce inequalities and dependence on commodity exports, improve connectivity, and address vulnerabilities to climate change.
The ability of the economies of the Caucasus and Central Asia to effectively respond to external shocks critically depends on their cooperation in diversifying trade and transport routes. The right policies and development of the Middle Corridor is a key to success.
No country can fight climate change alone. The countries of the Central Asia Regional Economic Cooperation (CAREC) program should take coordinated action to combat the increasing impacts of climate change and find sustainable solutions.
As countries in Central Asia and the Caucasus navigate post-pandemic recovery and geopolitical challenges, managing increasing public debt becomes crucial for sustainable growth.
This report outlines how the Central Asia Regional Economic Cooperation (CAREC) Program could set up a disaster risk transfer facility to help members strengthen risk management.