Switzerland, Germany And EU To Aid Kyrgyzstan In Transition To Green Economy
Date
12/7/2022 2:51:42 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, December 7. Switzerland,
Germany and EU intend to support sustainable economic development
of Kyrgyzstan by supporting the transition towards an inclusive
green economy, a source in the Embassy of Switzerland in Kyrgyzstan
told trend .
The Swiss Development Cooperation (SDC), the German Ministry for
Economic Cooperation and Development (BMZ), and the EU intend to
co-finance the current Kyrgyz-Swiss-German Green Economy program
with additional funding from BMZ, EU and SDC from June 2023 until
mid-2026.
'The overall objective of the joint program from 2023 – 2026
will be to contribute to the sustainable economic development of
Kyrgyzstan by supporting the transition towards an inclusive green
economy that benefits the well-being of the Kyrgyz population
through creating long-term employment and better income
opportunities while using natural resources more efficiently and
having a lower environmental impact,' the source in the Swiss
Embassy in Kyrgyzstan said.
Furthermore, the EU, Switzerland and Germany aim to pool
resources and build on synergies of their long-term expertise in
supporting Kyrgyz partners in the field of private sector
development, environmental protection and climate action.
Notably, the Swiss Embassy oversees Swiss projects carried out
in Kyrgyzstan that are funded by two Swiss Federal Agencies, the
Swiss Agency for Development and Cooperation (SDC) and the State
Secretariat for Economic Affairs (SECO). The Swiss Embassy in
Kyrgyzstan represents the Swiss Government and handles all issues
pertaining to diplomatic relations between the two countries.
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