Speakers
Charymuhammet Shallyyev
Director
CAREC Institute
Yang Yingming
Vice-President
Asian Development Bank
Wang Xin
Director-General of Research Department
People’s Bank of China
Pierre Horna
Manager
The United Nations Economic and Social Commission for Asia and the Pacific
Ravshan Yunusov
Inclusive Growth Cluster Leader
The United Nations Development Program
Kuat Akizhanov
Deputy Director II
CAREC Institute
Li Cangshu
Professor
Center of International Knowledge on Development under the State Council
Xinxing (Nova) Li
Senior Advisor to the President
Bank of Huzhou
Sayuri Shirai
ADB Institute Fellow and Professor
Economics at Keio University
Nurzat Abdyrasulova
Manager
Green Economy Financing Facility in the Kyrgyz Republic
Delgerjargal Batsuuri
Senior Manager
Mongolian Sustainable Finance Association
He Jinlin
Senior Specialist
Zhejiang Chouzhou Commercial Bank
Holger Floerkemeier
Director
IMF Regional Capacity Development Center for the Caucasus, Central Asia, and Mongolia
Murtaza Syed
Head of Ecosystem
Asian Infrastructure Investment Bank
Evgenia Klochkova
Head of Office for Sustainability
Eurasian Development Bank
Kiyoshi Taniguchi
Regional Lead Economist for Central and West Asia
Asian Development Bank
Di Yuna
Professor
Beijing Technology and Business University
Zaira Satpayeva
Head of Department of Innovative and Technological Development
Institute of Economics of the Committee of Science of the Ministry of Science and Higher Education
Razia Abdieva
Assistant Professor
Kyrgyz-Turkish Manas University
Amjad Masood
Associate Professor
Bahria University
Jamshed Mashokirov
Vice-Rector for Science and International Relations
Tajikistan State University of Commerce
Merdan Yazyyev
Senior Specialist
CAREC Institute
Moderator
Li Kouqing
Deputy Director I
CAREC Institute
Suriyan Vichitlekarn
Executive Director
Mekong Institute
Byungsik Jung
Deputy Dean
ADB Institute
Artem Levenkov
Head of Development Financing Analysis
Eurasian Fund for Stabilization and Development
Khalid Umar
Regional Cooperation Specialist
Asian Development Bank
Turdakun Tashbolotov
Chief of Strategic Planning Division (SPD)
CAREC Institute
About the Forum
The CAREC Think Tank Development Forum is organized annually under the auspices of the CAREC Think Tank Network (CTTN). Every year the Forum brings together leading practitioners from think tanks, multilateral development partners, governments, and the private sector from the CAREC region to brainstorm regional challenges and provide diverse perspectives and innovative solutions to address these challenges through dialogue, experience sharing, and knowledge collaboration.
The Ninth CAREC Think Tank Development Forum (CTTDF) is taking place in Urumqi, People’s Republic of China (PRC), under the theme “Accelerating Transformative Effect of Green Initiatives through Innovative Financing Mechanisms in the CAREC Region.” Organized by the CAREC Institute, supported by the Asian Development Bank (ADB), the Eurasian Fund for Stabilization and Development (EFSD), and ADB-PRC Regional Knowledge Sharing Initiative (RKSI), the forum brought together around 100 participants from member think tanks, government agencies, the banking sector, development partners, and the media. The event will focus on innovative green financing models, sustainable lending, green technology, and climate finance to promote a low-carbon, resilient economy. It aims to strengthen regional cooperation, facilitate policy dialogue, and foster ideas for collaborative research and capacity building. The forum will contribute to advancing sustainable development and green transformation efforts across the CAREC region.
PARTNERS
Organizer:
Co-organizer：
People‘s Government of Xinjiang Uygur Autonomous Region
Sponsor:
Agenda Framework
The Ninth CAREC Think Tank Development Forum (CTTDF)
Accelerating Transformative Effect of Green Initiatives through Innovative Financing mechanisms in CAREC Region
1 December 2025 | Urumqi, PRC
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30 November2025 |
Arrival of Participants |
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1 December2025 |
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8:30 – 9:00 |
Registration |
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Opening Ceremony | |
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9:00 – 09:15 Moderator of Opening Ceremony: Dr. Li Kouqing, Deputy Director I, CAREC Institute (TBC) |
Welcome Remarks by Mr. Charymuhammet Shallyyev, Director, CAREC Institute Opening Address by Mr. Mukiyat Jarmuhammat, Deputy Governor of XUAR, PRC Opening Address by Mr. Yingming Yang, Vice-President of Asian Development Bank |
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Keynote address: Sustainable Financial Development: China’s Practice | |
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9:15 – 9:45 |
Dr. Wang Xin, Director-General of Research Bureau, People’s Bank of China |
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9:45 – 10:00 |
Group Photo & Coffee Break Official group photo followed by coffee and informal networking. |
Session I: Innovative Financing Models for Green Projects
Financing the green transition requires creative, flexible, and inclusive approaches that can attract both public and private capital. This session will explore innovative mechanisms such as blended finance, public–private partnerships, and regional joint financing frameworks. A special focus will be given to how these financing solutions can enable transformative green technologies and infrastructure—ranging from renewable energy to climate-resilient urban planning and sustainable industrial development—in the CAREC region. Case studies and practical examples will highlight replicable models that combine financing with technology deployment to accelerate green growth.
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10:00– 11:20 Moderator: Dr. Suriyan Vichitlekarn, Executive Director, Mekong Institute |
Title: Renewable Energy: Financing Solar, Wind, and New Energy Technologies Dr. Pierre Horna, Manager, Financing Energy Transition Workstream, UNESCAP Title: Innovative Impact-focused Green Financial Mechanisms and Integrated National Financial Frameworks Mr. Ravshan Yunusov, Inclusive GrowthCluster Leader, UNDP Title: Renewable Energy Investment Ecosystem in Central Asia Dr. Kuat Akizhanov, Deputy Director II, CAREC Institute Title: Mutually BeneficialPromotion of Low-Carbon Systems in the CAREC Region through Appropriate Financing Mechanisms Dr. Li Cangshu, Associate Research Fellow, Coordinator of the “Dual Carbon” Project, Center for International Knowledge on Development under the State Council, PRC Open Discussion |
Session II: Green Banking and Sustainable Lending Practices
Transitioning financial institutions toward green lending practices is critical to mobilizing capital for sustainable growth. This session will feature insights from commercial banks and international financial institutions implementing green finance reforms. Presenters will discuss how banks are integrating ESG criteria, aligning with sustainability standards, and building internal capacity to manage green portfolios.
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11:20 – 12:40 Moderator: Dr. Byungsik Jung, Deputy Dean, ADB Institute |
Title: Transition Finance: Innovation and Practice Ms. Xinxing (Nova) Li, Senior Advisor to the President, Bank of Huzhou (PRC), Head of Global Sustainable Finance Alliance of SMBs Title: Climate-related Disclosure to Unlock Private Climate Finance Dr. Sayuri Shirai, ADB Institute Fellow and Professor of Economics at Keio University Title: Supporting green transition through financing clean technology investment Ms. Nurzat Abdyrasulova, Manager, Green Economy Financing Facility in the Kyrgyz Republic Title: Opportunities and ChallengesFinancing National Green Transition Initiatives Ms. Delgerjargal Batsuuri, Senior Manager, Mongolian Sustainable Finance Association Title: Advancing Green and Inclusive Finance with Prudent Risk Controls Ms. He Jinlin, Deputy General Manager, Zhejiang Chouzhou Commercial Bank, PRC Open Discussion |
Session III: Climate Finance and Role of International Donors
Access to international climate finance remains a challenge for many developing economies due to capacity gaps, administrative complexity, and the need for well-prepared projects. This session will examine the evolving role of global donors and climate finance mechanisms in supporting the CAREC region’s transition. Presenters will discuss the importance of institutional readiness, donor coordination, and technical assistance.
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14:00 – 15:20 Moderator: Mr. Artem Levenkov, Head of Development Financing Analysis, Eurasian Fund for Stabilization and Development |
Title: Climate Finance: Managing Risks and Securing Sustainable Finance Dr. Holger Floerkemeier, Director, IMF Regional Capacity Development Center for the Caucasus, Central Asia, and Mongolia Title: Unlocking Private Finance for Nature as Infrastructure Dr. Murtaza Syed, Head of Ecosystem, AIIB Title: Development of Green Finance in Central Asia: Innovative Tools, Best Practices, and Lessons Learnt Ms. Evgenia Klochkova, Head of Office for Sustainability, Eurasian Development Bank Title: Financing and Investment in Promoting Green Transition in Central Asia (case of Uzbekistan) Dr. Kiyoshi Taniguchi, Regional Lead Economist for Central and West Asia, ADB Open Discussion |
Session IV: CTTN Research Presentations – Envisioning a Greener Future Fixing Climate Finance
The CAREC Think Tank Network (CTTN) members will present research-based policy solutions aimed at strengthening the region’s capacity for green finance and transformation. This session showcases locally grounded analysis, identifies policy entry points, and offers new ideas for regional collaboration on sustainable development.
The panel comprising CAREC think tank representatives would share their insights and experiences relevant to the topic. CTTN secretariat will present the progress report and receive CTTN member feedback to improve the network.
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15:20 – 16:40 Moderator: Mr. Khalid Umar, Regional Cooperation Specialist, ADB |
Title: Impact of Green Finance on Green Transition in CAREC Region Dr. Yuna Di, Professor, Beijing Technology and Business University, PRC Title: Impact of Climate Change on the Resilience of the Banking System: The Cases of Kazakhstan and Kyrgyz Republic Dr. Zaira Satpayeva, Head of Department of Innovative and Technological Development, Institute of Economics of the Committee of Science of the Ministry of Science and Higher Education, Kazakhstan Title: Sustainable Microfinance: Integrating ESG Strategies in Kyrgyz Republic’s Financial Sector Dr. Razia Abdieva, Assistant Professor, Kyrgyz-Turkish Manas University, Kyrgyz Republic Title: Green Transition in CAREC Region: Enabling Compliance with Environmental Standards Dr. Amjad Masood, Associate Professor, Department of Economics, Bahria University, Pakistan Title: CAREC-South Asia Renewable Energy Finance Pathways Dr. Dharish David, Associate Faculty, Singapore Institute of Management-Global Education Title: Public-private partnerships in resource mobilization for green transition financing Dr. Jamshed Mashokirov, Vice-Rector for Science and International Relations, Tajik State University of Commerce, Tajikistan Open Discussion |
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16:40 – 16:55 |
Coffee Break |
Session V: CAREC Think Tank Network – Progress and the Way Forward
The CAREC Think Tank Network (CTTN) has become an important platform for knowledge sharing, joint research, and policy dialogue in the region. This session will provide an overview of the network’s progress to date, highlighting achievements, ongoing initiatives, and lessons learned. It will also serve as an open platform to gather ideas and opinions from members and partners on how to further strengthen the network’s role in advancing regional cooperation, supporting policy discourse, and enhancing visibility. Discussions will focus on practical ways to improve facilitation, expand engagement, and identify priority areas for joint work in the coming years.
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16:55 – 17:50 Moderator: Mr. Turdakun Tashbolotov, Chief of Strategic Planning Division (SPD), CAREC Institute |
Title: CTTN Secretariat: New Mechanisms for Productive Cooperation with Tangible Results Mr. Merdan Yazyyev, Senior Specialist, SPD, CAREC Institute– CTTN Secretariat: New mechanisms for productive cooperation with tangible results Interventions (tour de table)– Selected think tank representatives: Reflections on network value and opportunities for growth Open Discussion– Participants share ideas, proposals, and expectations for strengthening CTTN |
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Closing Session | |
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17:50 – 18:00 |
Mr. Charymuhammet Shalyyev, Director, CAREC Institute |
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18:00 onwards |
Dinner |
We appreciate your participation.
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PAST FORUMS
The CAREC Think Tank Development Forum (CTTDF) is organized annually under the auspices of the CTTN. The forum has become an attractive platform for think tanks, academia, private sector and governments from the CAREC region and beyond to exchange views and knowledge on evolving regional and global policy challenges.
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The First Forum: “Promoting Economic Cooperation for an Integrated Central Asia”,
Location：Almaty, Kazakhstan
Date：20-21 JUNE 2016
The CAREC Institute hosted the first CAREC Think Tank Development Forum in June 2016 in Astana, Kazakhstan, with the theme of “Promoting Economic Cooperation for an Integrated Central Asia.”
Report：
Visit Here
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The Second Forum: “Exploring Knowledge Solutions for Regional Cooperation and Integration.”
Location：Urumqi, PRC
Date：SEPTEMBER 2017
The second Forum was held in Urumqi, PRC, in September 2017 with the theme of “Exploring Knowledge Solutions for Regional Cooperation and Integration.”
Report：
Visit Here
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The Third Forum: “Building Knowledge Corridors along the Silk Road”
Location：Bishkek, Kyrgyz Republic
Date：17-18 JULY 2018
Realizing its role as a knowledge arm of the CAREC 2030, the CAREC Institute partnered with the National Institute of Strategic Studies (NISS) of the Kyrgyz Republic to organize the 3rd Forum in Bishkek in July 2018.
Report：
Visit Here
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The Fourth Forum: “Trading for Shared Prosperity”
Location：Xi’an, PRC
Date：27-28 AUGUST 2019
The fourth Forum was organized in cooperation with ADB, Regional Knowledge Sharing Initiative (RKSI) and International Economics and Finance Institute (IEFE) of the Ministry of Finance of the PRC on 27-28 August 2019.
Report：
Visit Here
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The Fifth Forum: “Economic Corridors: Pathways to Regional Growth”
Location：virtual
Date：23-24 NOVEMBER 2021
The fifth Forum was organized on 23-24 November 2021 under the theme of “Economic Corridors: Pathways to Regional Growth” in collaboration with the ADB-PRC Regional Knowledge Sharing Initiative (RKSI) and the Tashkent Institute of Irrigation and Agricultural Mechanization Engineers (TIIAME).
Report：
Visit Here
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The Sixth Forum: “Recalibrating Growth Dynamics for Inclusive and Sustainable Economies”
Location：Baku, Azerbaijan
Date：15-16 SEPTEMBER 2022
The sixth Forum was organized under the theme of “Recalibrating Growth Dynamics for Inclusive and Sustainable Economies” in Baku, Azerbaijan, in partnership with the ADB-PRC RKSI, the Economic Scientific Research Institute (ESRI), the Center for Economic and Social Development (CESD) and with support of ADB.
Report：
Visit Here
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The Seventh Forum: “Embracing Digital Technology for Sustainable Economic Development”
Location：Urumqi, the PRC
Date：16-17 AUGUST 2023
The Seventh CAREC Think Tank Development Forum (CTTDF) was organized on August 16-17, 2023, in Urumqi, the People’s Republic of China (PRC) in partnership with China-Eurasia Expo Secretariat, Xinjiang Uygur Autonomous Region Finance Department, ADB-PRC Regional Knowledge Sharing Initiative (RKSI) and with the support of the Asian Development Bank.
Report：
Visit Here
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The Climate Challenge: Thinking Beyond Borders for Collective Action.
Location：Almaty, Kazakhstan
Date： August 27–28, 2024
The Eighth CAREC Think Tank Development Forum was held on August 27–28, 2024, in Almaty, Kazakhstan, under the theme “The Climate Challenge: Thinking Beyond Borders for Collective Action.”
Report：
Visit Here