President of Kyrgyzstan Sadyr Japarov asked development partners to support the initiative to create a regional center for the introduction of energy-efficient and resource-saving technologies in Bishkek during his speech at the COP29 Summit of World Leaders on Climate Action in Baku.
According to him, against the backdrop of accelerating global climate change, it is necessary to agree on coordinated, well-financed climate action to achieve the ambitions of the Paris Agreement.
«We support the earliest possible adoption of a new collective quantitative target for financing measures to combat climate change and call on developed countries to increase the amount of assistance to developing countries within the framework of climate financing to $2 trillion, facilitating access to this financing,» Sadyr Japarov said.
He noted that Kyrgyzstan has initiated a mechanism for exchanging external debt for climate and sustainable development projects.
«We propose restructuring the external public debt of the republic by applying debt replacement mechanisms for specific green projects, including using the mechanism of the Climate Trust Fund being created in the Kyrgyz Republic, from which projects in the field of ecology and sustainable mountain development will be financed. I invite interested countries to participate in the activities of this fund. Taking this opportunity, I would like to express my gratitude to Turkey and Germany, since these two countries have decided to transform debts into «green» projects,» the president added.
He noted that it is planned to achieve carbon neutrality through the development of renewable energy sources, increasing energy efficiency, reducing coal consumption through gas infrastructure expansion, reduction of losses in the transmission and distribution of electricity, and improvement of heating systems in cities.
Sadyr Japarov recalled that the implementation of Kambarata HPP 1 construction project has begun jointly with neighboring countries.
«In the context of climate change, issues of efficient and careful use of water resources are becoming increasingly relevant. In this regard, we ask development partners to support our initiative to create a regional center for the implementation of energy-efficient and resource-saving technologies in Bishkek,» he urged.
Concluding his speech, the head of state invited world leaders to Kyrgyzstan for the Second Global Mountain Summit Bishkek+25 in 2027.
The 29th Conference of the Parties to the UN Framework Convention on Climate Change is being held in Baku from November 11 to November 22. About 100 heads of state and government, 150 delegations from all over the world are taking part in its work.
