Published
09/05/2025, 17:51The Kyrgyz Stock Exchange has announced the country's readiness to actively participate in the international sustainable development agenda. In early September, two major events took place in Astana: the seminar ‘Central Asia: Green Finance in Action’ and the first meeting of the Turkic Council on Green Finance. At both venues, Acting President of the KSE Aida Chodulova presented Kyrgyzstan's experience, noting that since 2021, the exchange has been a participant in the UN's global Sustainable Stock Exchanges initiative and is implementing best practices in green finance.
Particular emphasis was placed on the key events of 2025 — the approval of the Green Taxonomy and the Green Economy Development Programme until 2029. These documents create the basis for the launch of new financial instruments: green, social and climate bonds. Amendments to the Securities Market Law have enshrined the changes at the legislative level, officially opening up the sustainable instruments market for Kyrgyzstan. According to Chodulova, this is a new stage in the development of the national financial sector.
Interest in the topic in the region is explained not only by global trends, but also by the growing need of Central Asian countries for climate finance. For Kyrgyzstan, the development of ESG instruments means not only access to international investment, but also the opportunity to minimise the risks of ‘greenwashing’ and increase the confidence of foreign partners in the country's financial market. The KFB's participation in international discussions has sent a signal that Kyrgyzstan intends to cement its status as an active player in the field of sustainable finance.
