Bishkek, Nov. 4, 2026 /Kabar/. Bishkek hosted the launch of the iFIRST project, which aims to support the transition to sustainable energy and step up efforts to combat climate change. Ministry of Natural Resources, Ecology and Technical Supervision reports.
According to the ministry, the event was attended by Asel Raimkulova, Deputy Minister of Natural Resources, Ecology and Technical Supervision; Kursantbek Omurbekov, First Deputy Minister of Energy; and representatives of the World Bank.
The iFIRST project, an initiative for "Innovative Financing for the Sustainable Energy Transition" is being implemented with the support of the World Bank and the Carbon Asset Transformation Fund. Funding in the amount of 35 million US dollars has been approved for the project, which will span a period of six years. Funds will be disbursed as established targets for reducing greenhouse gas emissions are met and verified.
The project is aimed at mitigating the adverse effects of climate change, lowering carbon emissions, and creating new opportunities for the development of environmentally friendly technologies within the energy sector.
Furthermore, the iFIRST initiative will support Kyrgyzstan in fulfilling its climate commitments, promoting the sustainable use of natural resources, and reducing its negative environmental impact.
