The member countries of the Central Asian Regional Economic Cooperation seek ways to achieve sustainable development.
The third Research Conference of the Central Asian Institute for Regional Economic Cooperation (CAREC) under the theme “Inclusive Green Growth and Sustainability Prospects in Central Asia Regional Economic Cooperation (CAREC)” opened online.
In response to global climate change By kamran Raja
During this period, a number of experts and scholars from the Central Asian Regional Economic Cooperation member states will delve into various aspects of green growth and sustainability, examine the challenges, explore innovative solutions, and discuss how CAREC member states can achieve green and sustainable development in the face of global climate change.
CAREC Institute President Kabir Giurazoda said in a speech at the opening ceremony, the urgency of tackling climate change, ensuring sustainable economic growth and promoting inclusive development has never been clearer. He noted that the need for green growth and sustainable solutions becomes more critical as we witness the impact of global climate change on the environment and society.
Bai Chengzhou, deputy director of the Asian Development Bank Institute, pointed out that development must be sustainable and Sustainable development should be achieved at the environmental, social and economic levels. Although the member states of CAREC are facing the challenges of climate change and economic development, I still believe that the potential for green growth and sustainable development remains very promising. He said that the convening of this meeting is very timely and the theme fits the current situation.
ADB in Central and West Asia, Regional cooperation and integration Director Rayalisa Sabirova said that Climate change is already having a serious impact on the world. In her speech, she cited examples of climate change already taking place today, including massive flooding in Pakistan, drought in Afghanistan, and irrigation water shortages facing Central Asian countries. Rayalisa Sabirova advises that we need to shift to cleaner and sustainable energy sources, and sustainable agriculture, in order to strengthen the green and sustainable development of the CAREC region
Piao Zhishui, chief economist of the Asian Development Bank, delivered the keynote speech, looking into the economic development prospects of CAREC countries and analyzing the current situation of CAREC countries in the global transition to net zero emissions. He said Asia has a special stake in the global climate crisis because the region is vulnerable to climate change and will be important to achieving the goals of the “Paris Agreement”. He further noted that developing Asia has ample opportunities to accelerate its transformation through price reforms, regulatory improvements, and a focus on equity.
