Consultation Meeting on the Development of a Sustainable Finance Roadmap was held in Dushanbe.

The meeting was organized by the Ministry of Finance of the Republic of Tajikistan, the Agency of Securities and Special Registration under the Ministry of Finance, the United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP), and the UN Resident Coordinator Office in Tajikistan. The event served as a platform for presenting the draft Roadmap and its action plan and collecting recommendations for its further improvement. 

The Sustainable Finance Roadmap will provide the Government of Republic of Tajikistan and key private-sector institutions, including banks, with a clear framework outlining the measures, regulations, and systems required to implement sustainable financing. It will guide the allocation of green finance and investments toward climate-action initiatives. The sustainable finance roadmaps typically set priorities and targets and define the policy measures and regulatory frameworks needed for effective implementation.

Ms. Nigina Abdurakhmonzoda, Director of the Agency of Securities and Special Registration, emphasized in her welcoming remarks that establishing a national sustainable finance system is a crucial step in advancing the green economy, innovation, and climate-resilient development.

The UN Resident Coordinator in Tajikistan, Ms. Parvathy Ramaswami, highlighted that “Tajikistan remains one of the most climate-vulnerable countries in the region. The development of the Roadmap aims to strengthen the financial market, increase transparency, attract private investment, and expand sustainable finance instruments through the joint efforts of the Government of Tajikistan, the UN, and partners”.

“Today, an important milestone for the financial sector was achieved in introducing a draft sustainable finance roadmap for consultation. This will help Tajikistan to achieve diversified financial flows, increased financial stability and better regional financial integration. We look forward to the continued success of the Ministry of Finance in this regard” further highlighted Ms. Suba Sivakumaran, Chief of Section, Macroeconomic Policy Financing for Development Division at ESCAP.

Participants reviewed the draft document in four thematic areas: sustainable financial flows; integration of ESG standards (environmental, social, and governance); data and disclosure; governance and partnerships.

The United Nations is providing expert and technical support throughout the process, drawing on international experiences and best practices. The subsequent phase will involve updating the Roadmap incorporating the recommendations from the meeting and adoption of the Roadmap by  the Government of Republic of Tajikistan.