Uzbekistan Receives $7.5 Million in Carbon Credits for Enabling Half a Million Tons of Emissions Reduction This page in:English Русский

Tashkent, June 21, 2024—Uzbekistan has become the first country in the world receiving a payment from the World Bank for reducing carbon emissions through a policy crediting program. This pioneering project – the Innovative Carbon Resource Application for Energy Transition (iCRAFT) – was crafted to support Uzbekistan in implementing energy efficiency measures, phasing out energy subsidies, and transitioning to cleaner energy sources. https://www.worldbank.org/en/news/press-release/2024/06/21/uzbekistan-receives-7-5-million-in-carbon-credits-for-enabling-half-a-million-tons-of-emissions-reduction