Eurasian Development Bank

🚚 The EDB Supports Tajikistan’s Logistics Infrastructure Development

The Eurasian Development Bank, the Ministry of Transport of , and the Centre for the Implementation of PPP Projects at the State Committee on Investment and Public Property Management of Tajikistan have signed a trilateral Technical Assistance Agreement in .

The document was signed by:
• Ruslan Dalenov, Vice Chairman of the EDB Management Board
• Saidmurodzoda Shoista, Deputy Minister of Transport of Tajikistan
• Alisher Faizaliyev, Director of the Centre for the Implementation of Projects

This agreement launches an Technical Assistance Fund (TAF) project to:
🔹 Develop a preliminary feasibility study for a transport and logistics centre at the Fotehobod border crossing
🔹 Strengthen national competencies in assessing PPP-based infrastructure projects

Developing modern logistics is a key priority of Tajikistan’s 2023–2028 State Logistics Development Programme, which aims to upgrade assets, improve project preparation, and attract into the sector.

The TAF project will enhance the quality of infrastructure project preparation, strengthen institutional and professional capacity, and lay the groundwork for future large-scale investments. This initiative is a key step in advancing Tajikistan’s transport and ecosystem, boosting investment appeal, and supporting regional trade flows, while aligning with the EDB’s mandate to promote , , and economic growth.

🌿 Driving Climate Finance in Central Asia: at the Dushanbe Investment Forum 2025
 
Evgeniya Klochkova, Head of the Office for Sustainability, represented the Eurasian Development Bank as a keynote speaker at the Dushanbe International Investment Forum 2025.
 
We had a great opportunity to join a distinguished panel featuring Yusuf Majidi Khairullo, First Deputy Minister of Finance of the Republic of Tajikistan; Ainur Zhakupova, Deputy Director of External Review at the AIFC Green Finance Center; Holger Wiefel, Head of the EBRD in Tajikistan; Murat Seitnepesov, President of the Great Caspian Association; and Oliver Herrmann, Managing Director of Climate and Company. The discussion was moderated by Rostislav Vrbenski, Head of AvantGarde Ideas and former UNDP Country Director in Tajikistan.

During the discussion, panelists exchanged views on policies for scaling up green finance, best practices for climate-aligned investments, and collaboration opportunities in sustainable finance, among other key topics.
Evgeniya presented the EDB’s approach to sustainability, noting that our green portfolio now totals nearly $1.2 billion, with 97% directed toward climate mitigation projects. She also highlighted the Bank’s Technical Assistance Fundand our joint research with the CAREC Institute on the prospects of carbon pricing in Central Asia and Azerbaijan. (read the full paper at https://eabr.org/en/analytics/special-reports/carbon-pricing-policy-opportunities-in-central-asia-and-azerbaijan/)

During the panel session, Tajikistan announced the issuance of its first sovereign green bonds — a landmark achievement in the region’s sustainable finance agenda. We extend our congratulations on this important milestone and our gratitude to the Ministry of Finance of the Republic of Tajikistan for organizing and hosting such an insightful discussion.

How $22 Trillion in Private Capital Can Become a Driver of Development: at in Riyadh🇸🇦

The Chairman of the Management Board of the Eurasian Development Bank, Nikolai Podguzov, participated in one of the world’s leading investment forums — the Future Investment Initiative (FII9) in Riyadh. The discussion focused on the $4 trillion annual SDG financing gap and how Multilateral Development Banks (MDBs) can play a greater role in closing it.

In his remarks, Nikolai Podguzov outlined several key priorities for strengthening the role of MDBs and mobilizing private capital for sustainable growth:

💡 Scaling MDB Impact: MDBs currently invest around $180 billion annually — far below global needs. We call for doubling MDBs’ capital and strengthening cooperation to attract more private investment.

💰 Unlocking Private Assets: Over $22 trillion in private capital remains untapped due to risk–return imbalances. Reducing risks and improving project profitability could redirect this capital toward sustainable development.

🌍 Regional Expertise: The EDB’s near-zero non-performing loans reflect its early project involvement and deep understanding of Central Asia — a region growing at over 6% annually.

🤝 Stronger Partnerships: Collaboration between global and regional banks is key to managing local risks and mobilizing investment more effectively.

✅ Building Trust: MDBs’ transparency, sound project evaluation, and development-focused missions foster investor confidence and long-term engagement.

Participants including H.E. Dr. Sidi Ould Tah (African Development Bank Group), Ilan Goldfajn (Inter-American Development Bank), Makhtar Diop (IFC - International Finance Corporation) and Yazeed bin Saleh AlYahya (Saudi Eksab for International Investments Company) agreed that MDBs’ mission is not profit, but sustainable, inclusive — achieved through transparent, well-structured investment mechanisms that give investors confidence and deliver real development impact.

EDB and ADFD Strengthen Partnership for Sustainable Development

During the 2025 Annual Meetings of the and IMF in Washington D.C., the Eurasian Development Bank (EDB) signed a Memorandum of Understanding with the Abu Dhabi Fund for Development (ADFD), establishing a framework for strategic, technical, and operational cooperation to advance sustainable socioeconomic development in regions of mutual interest.

The agreement was signed by Nikolai Podguzov, Chairman of the Management Board of the EDB, and His Excellency Mohamed Saif Al Suwaidi, Director General of the ADFD, who noted:
“The signing of this Memorandum of Understanding with the Eurasian Development Bank aligns with the UAE’s commitment to advancing international cooperation and building partnerships that drive sustainable economic growth. The agreement reflects ADFD’s strategic approach to strengthening collaboration with regional and international financial institutions to unify efforts, exchange knowledge, and co-finance impactful projects that develop infrastructure, stimulate long-term socioeconomic development, and deepen economic connectivity between the UAE and the broader Eurasian region.”

This Memorandum of Understanding builds on the EDB’s earlier successful cooperation with the ADFD, including the Fund’s support for the EDB’s AED-denominated bond issuance in the UAE capital markets earlier this year.