U.S. Climate Finance

The U.S. Agency for International Development is providing $700,000 to promote climate change mitigation in the Kyrgyz Republic through the Regional Energy Security, Efficiency, and Trade program (RESET). RESET is working with the Kyrgyz Republic's domestic energy industry to improve financial and physical performance, which will promote cleaner and more efficient energy and contribute to long-term greenhouse gas reductions. RESET also collaborates with the energy ministry and regulatory authority to support power sector reforms and has mobilized advisors to the national power generation company to assist with restructuring and achieving long-term financial sustainability. More broadly, the RESET program works to: 1) assist countries in Central Asia in managing their common power-sector assets and resources for mutual benefit and create conditions for expanded intra-regional trade and increased investment; and 2) develop the Central Asian regional power sector to provide increased volumes of primarily hydropower to Afghanistan and Pakistan.