CS-FOR: Role of Financial Institutions in Green Value Chain Development Discussed in Bishkek
Bishkek, September 24, 2025 – A round table was held on the topic "Development and Financing of Green Value Chains: The Role of Financial Institutions in the Implementation of a Carbon Sequestration Project."
The event took place as part of the project "Carbon Sequestration through Climate Investments in Forests and Rangelands in the Kyrgyz Republic (CS-FOR)," implemented with the support of the Green Climate Fund.
The discussions were attended by representatives of the country's leading financial institutions, relevant ministries, the Food and Agriculture Organization of the United Nations (FAO), the Community Development and Investment Agency of the Kyrgyz Republic (ARIS), and project beneficiaries.
Participants reviewed issues related to the promotion of climate-smart investments, various credit products for the development of sustainable agriculture, and barriers faced by rural businesses in accessing financing – including high interest rates and collateral requirements.
The event also included a certificate presentation ceremony. The certificate confirms that under the CS-FOR project, ARIS transferred in-kind grants to the following Ayil Okmotus:
• 6 Ayil Okmotus of Suzak District, Jalal-Abad Oblast;
• 2 Ayil Okmotus of Toguz-Toro District, Jalal-Abad Oblast;
• 7 Ayil Okmotus of Uzgen District, Osh Oblast;
• 3 Ayil Okmotus of Ak-Talaa District, Naryn Oblast.
The funds are directed toward the development of sustainable natural resource management and strengthening of local infrastructure.
The project aims to reduce greenhouse gas emissions through the restoration of forests and rangelands and the development of sustainable business models. Its implementation is expected to result in the sequestration of 19.8 million tons of CO2-equivalent over 20 years, accounting for 7.6% of the country's total emissions and 22.6% of the agricultural sector's share.
Participants also discussed:
• Adaptation of banking products to the needs of climate-sensitive projects;
• Mechanisms for strengthening support for women and youth engaged in agriculture;
• The use of FAO tools and practices for the development of green finance.
The round table served as an important platform for sharing experience and developing solutions to strengthen partnerships between financial institutions, the agricultural sector, and international organizations on the path toward building a green economy in Kyrgyzstan.
