“Eldik Bank” is the first bank in Kyrgyzstan accredited by the Green Climate Fund

«Eldik Bank» OJSC has become the first financial institution in the Kyrgyz Republic to be accredited by the Green Climate Fund (GCF) - the world’s largest global fund dedicated to financing climate change mitigation and adaptation projects.

The accreditation decision was made during the Green Climate Fund’s 44th Board meeting (B.44), which is currently taking place in Songdo, Incheon, Republic of Korea, from March 25 to 28, 2026. Receiving this status confirms the Bank's compliance with international requirements in corporate governance, environmental and social risk management, and its ability to structure and implement investment projects with international financing.

Accreditation provides the Bank with direct access to GCF resources and creates new opportunities for attracting long-term financing to the Kyrgyz Republic. This will enable the implementation of projects aimed at enhancing climate resilience, developing energy-efficient solutions, sustainable infrastructure, and other priority economic areas.

Eldik Bank OJSC views the accreditation it has received as an important step in strengthening its role as a financial institution that ensures the attraction and effective use of international resources to support the country's sustainable development.

Achala Abeysinghe, Director of the Green Climate Fund’s Department of Investment Services said: 

“We are pleased to welcome Eldik Bank Open Joint-Stock Company as an Accredited Entity of the Green Climate Fund. The Bank’s accreditation creates new opportunities to expand access to climate finance in Kyrgyzstan and mobilize private sector investment in support of national climate priorities.

GCF is committed to partner with more national financial institutions to strengthen country ownership of climate action and the ability to scale up sustainable investments. As we move forward, GCF’s revised Accreditation Framework will enable the Fund’s partnership model to become even more transparent, responsive, and efficient, enhancing fairness and country ownership.”

Ulanbek Nogaev, Chairman of the Board of Eldik Bank OJSC:

"Accreditation with the Green Climate Fund is a significant institutional achievement for Eldik Bank. It confirms that the Bank meets international standards and is ready to work with global climate finance instruments.

We view this status as a practical mechanism for attracting long-term resources and channeling them into projects of systemic importance to the Kyrgyz Republic's economy. Our goal is to ensure the effective and transparent use of these funds to support sustainable development and enhance the country's climate resilience."