Tajikistan’s Ministry of Finance (MoF), in collaboration with the Office of the UN Resident Coordinator, held a High-Level Strategic Consultation focused on sustainable financing in Dushanbe on December 12.
The event reportedly brought together senior representatives from government bodies, international organizations, and financial institutions.
The primary goal of the consultation was to explore key challenges and opportunities in securing funding for national priorities, while advancing sustainable resource mobilization mechanisms through collaboration with development partners.
Opening the meeting, Nematullo Hikmatullozoda, Advisor to the President of Tajikistan for Economic Issues, emphasized that sustainable financing is a crucial tool for implementing the country’s National Development Strategy for 2016–2030, the Green Economy Strategy for 2023–2037, and its international climate commitments.
According to him, introducing sustainable financing mechanisms will help direct investments into priority sectors — from renewable energy to climate adaptation — contributing to the well-being of the population.
Capital markets and new financing sources
Deputy Minister of Finance Shamsullo Khayrullozoda expressed appreciation for the support of international partners in implementing reforms aimed at expanding and improving financing for national priorities.
He noted that these efforts are paving the way for the adoption of new sustainable financing tools and the execution of projects with long-term social and economic benefits. He reaffirmed the government’s commitment to strengthening cooperation based on mutual trust and shared values.
According to UNDP Tajikistan, speaking at the meeting, UN Resident Coordinator in Tajikistan, Ms. Parvati Ramaswami, noted, “Tajikistan has the vision, the commitment, and the potential to build a model for sustainable finance that accelerates growth, strengthens resilience, and delivers tangible results for people. United Nations supports Tajikistan to mobilize a wider ecosystem of financing, including domestic public revenues, private sector capital, concessional and blended finance, and innovative sustainable finance instruments, to shape the quality of growth, resilience of societies and well-being of its current and future generations, leaving no one behind.”
Nigina Abdurahmonzoda, Director of the Agency for Securities and Special Registration under the Ministry of Finance, presented the current state of the capital market and highlighted the role of thematic bonds in building a sustainable economy.
UNDP Tajikistan says the draft of Tajikistan’s Sustainable Financing Roadmap was also presented, followed by an exchange of views on global and regional practices and how they can be applied to strengthen the country’s financing mechanisms. The importance of strategic planning, attracting private investment, and expanding sustainable financing instruments was also emphasized.
