EBRD and GCF back Hamkorbank with $20M to green Uzbekistan's lending
What's the deal? HamkorbankDealroom has a profile for this one. Try Dealroom → has secured up to $20 million in debt to become the first Uzbek lender in the European Bank for Reconstruction and DevelopmentDealroom has a profile for this one. Try Dealroom →'s new Greening Financial Systems framework. The package combines an $18 million EBRD loan with $2 million in concessional financing from the Green Climate FundDealroom has a profile for this one. Try Dealroom →.
What's the endgame? Hamkorbank will on-lend the capital to private firms for climate-aligned projects, from energy-efficiency retrofits to water conservation. The new phase broadens the focus beyond energy efficiency to adaptation, including irrigation and water use.
Why now? It extends an established EBRD channel in Uzbekistan, a country facing significant climate-related investment needs. Earlier phases built a $160 million green-investment framework, and the EBRD announced a separate $30 million GEFF II loan to Hamkorbank in December 2025.
By the numbers: The EBRD estimates the supported projects could cut emissions by about 5,685 tonnes a year.
The signal: The significance is less the size of one loan than the effort to route climate finance through local lenders. By making Hamkorbank its first partner under the framework, the EBRD is building a template for channeling capital into decarbonization across Central Asia.
Read more: globenewsinfo.com
Image credit: Generated with Gemini
