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Accepted Paper:
The role of climate finance in promoting the socio-economic development of the Central Asian countries
Aigul Monkoeva
(Ala-Too International University)
Paper abstract:
At present, every country is not protected from the effects of climate change. Climate change can lead to various socio-economic issues of a country. The priority areas for climate actions and measures also vary widely across the countries of Central Asia. Most developing countries, especially Central Asia, do not have the financial and technical resources or advanced technologies to do so. But, inaction on climate is much costlier. That is why international climate change cooperation is the most effective framework which requires significant financing and investments. This paper studies how climate finance is able to promote the socio-economic development of the countries of Central Asia.