The Ministry of Natural Resources and “Eldik Bank” Signed a Memorandum of Partnership in Ecology and ESG
OAO “Eldik Bank” and the Ministry of Natural Resources, Ecology, and Technical Supervision of the Kyrgyz Republic have signed a Memorandum of Understanding and Partnership, providing for joint implementation of projects in the fields of sustainable development, environmental protection, climate adaptation, and the integration of ESG practices into Kyrgyzstan’s economy.
The signing of the agreement marks an important step in strengthening cross-sector cooperation on the country’s path toward sustainable development and symbolizes the parties’ readiness to join efforts in addressing pressing environmental challenges.
“This document reflects our shared commitment to unite efforts, knowledge, and resources to advance sustainable development, environmental protection, and the adoption of modern ESG practices. It is particularly important that financial institutions and government bodies are beginning to work as one team, creating conditions to support green projects, climate adaptation, and innovation. I am confident that this initiative will serve as an example of how the state and business can jointly create projects that bring real benefits to the people, the economy, and the nature of Kyrgyzstan,” — noted the Minister of Natural Resources, Ecology, and Technical Supervision of the Kyrgyz Republic, Meder Mashiev.
“Signing the memorandum with the Ministry opens new opportunities for attracting investments and introducing advanced solutions in the field of ecology. For us, this is not just a document, but a strategic guide aimed at building a sustainable, inclusive, and environmentally safe economy,” — said the Chairman of the Management Board of OAO “Eldik Bank,” Ulanbek Nogayev.
As part of the cooperation, the parties intend to jointly develop and promote projects for environmental protection and climate adaptation, organize ESG events, create platforms for knowledge exchange, and actively collaborate in preparing applications for international funding.
