EBRD Funds Sustainable Transport Solutions in Tajikistan’s Capital

EBRD Funds Sustainable Transport Solutions in Tajikistan’s Capital

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing up to €28.45 million to upgrade key infrastructure and develop sustainable transportation solutions for Tajikistan’s capital, Dushanbe. This project marks the third initiative under the Dushanbe Green City Action Plan (GCAP), focusing on major transportation improvements in the riverside area, including road reconstruction, bridge construction across the Varzob River, and the development of dedicated lanes for buses, trolleybuses, walking, cycling, and electric mobility. EBRD President Odile Renaud-Basso praised Dushanbe’s commitment to the green agenda, highlighting the city’s strategic shift towards eco-friendly transportation patterns. Once completed, the project is expected to significantly reduce annual carbon dioxide emissions and contribute to a more sustainable urban environment for Dushanbe’s residents.

(PRESS RELEASE) LONDON, 1-May-2024 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is providing funds to upgrade key infrastructure and develop sustainable transportation solutions for Tajikistan’s capital. This is the third project under the Dushanbe Green City Action Plan (GCAP).

The EBRD’s sovereign loan of up to €28.45 million will help finance major transportation improvements in the riverside part of the capital city. They will include the reconstruction of roads and a bridge across the Varzob River. The Bank’s funds will also support the construction of dedicated bus and trolleybus lanes, as well as purpose-built facilities for walking, cycling and electric mobility.

EBRD President Odile Renaud-Basso said: “We are very pleased to sign this project with the authorities of Dushanbe. They have been committed to the green agenda ever since the city joined the EBRD Green Cities programme in 2019.”

The Dushanbe GCAP, developed jointly with the EBRD, is helping the largest municipality in Tajikistan, with a population of more than 800,000, to identify and address priority environmental and development issues. This investment will promote a strategic shift from carbon-intensive, traditional transportation patterns towards eco-friendly, sustainable mobility principles.

Once completed, the project will bring major environmental benefits for Dushanbe, such as the reduction of annual carbon dioxide emissions by 37 per cent.

To date, the EBRD has invested €947 million through 168 projects in Tajikistan.

Media Contact:

Tel: +44 207 338 7805
Email: Group-PressUnit@ebrd.com

SOURCE: EBRD

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