Bishkek, Nov. 5, 2021 / Kabar /. President of Kyrgyzstan Sadyr Zhaparov during the First European Union - Central Asia Economic Forum in Bishkek outlined the main measures to build a green economy in the Kyrgyz Republic.
“First, our priority in the broader context of our climate action is building a green economy. At the recent Summit of World Leaders, held on Nov. 1-2 in Glasgow within the framework of the UN Climate Conference, I announced that by 2030 Kyrgyzstan aims to reduce greenhouse gas emissions by 44%. At present, the share of our country in the structure of global emissions is negligible, it is only three hundredths of one percent (0.03%), and the nature of our emissions is not industrial and is associated with the direct life of the population. Thus, by 2050, Kyrgyzstan will try to achieve carbon neutrality on the platform of "green development". Renewable energy sources, and above all hydropower, will be the driving force behind this carbon-free policy.
We intend to gradually implement projects for the construction of small and medium-sized hydroelectric power plants with the aim of completely transferring the industrial sector and the housing and communal services sector to electricity instead of carbonic energy sources, primarily coal and fuel oil.
Secondly, we are systematically moving forward in digitalization issues. Among other things, the COVID-19 pandemic has accelerated the implementation of information technology in our country. This, in turn, helps the unprecedented measures we have taken to combat corruption at all levels, which, coupled with economic reforms, creates favorable conditions for a healthy business environment in Kyrgyzstan.
Third, it is well known that the business sector is the locomotive of the economy of developed countries. The share of small and medium-sized businesses in the GDP of Kyrgyzstan is about 40%, but at the same time we have room to develop, since this figure in developed countries exceeds 50%,” the head of state said.
He said that a number of decrees were issued this year aimed at increasing investor confidence, creating a favorable investment climate and business environment, including protecting property, which, among other things, provides for the decriminalization of economic crimes.
“This approach testifies to the further development of our country as a democratic state with liberal legislation,” the head of state concluded.
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