UNDP and Eurasian Development Bank strengthen partnership
On 4 December 2020 on the margins of the First Eurasian Congress the Eurasian Development Bank (EDB) and UNDP have signed a Memorandum of Understanding, laying the ground for increased cooperation in Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Tajikistan.
Through the Memorandum signed by EDB Chairman of the Management Board Nikolay Podguzov and UNDP Director of the Regional Bureau for Europe and the CIS Mirjana Spoljaric Egger, the two institutions committed to jointly investing in strengthening capacities for sustainable development finance, boosting investments in public infrastructure and scaling up green finance in the Commonwealth of Independent States (CIS) region.
Another objective of the cooperation is to accompany the digital transformation of countries, given that the pandemic has created an urgent need for governments to introduce new digital methods in public administration and the private sector to accelerate the use of new technologies.
The envisaged projects relate to a wide range of issues such as green and smart infrastructure, climate finance, energy efficiency of public buildings and street lighting and the promotion of smart technologies in the agriculture sector.