Speakers

Charymuhammet Shallyyev

Director
CAREC Institute

Yang Yingming

Vice-President
Asian Development Bank

TBC

TBC
TBC

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

Li Cangshu

Professor
Center of International Knowledge for Development under the State Council

Kuat Akizhanov

Deputy Director II
CAREC Institute

Xinxing (Nova) Li

Senior Advisor to the President
Bank of Huzhou

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

Dharish David

Associate Faculty
Singapore Institute of Management-Global Education

Jamshed Mashokirov

Vice-Rector for Science and International Relations
Tajikistan State University of Commerce

Merdan Yazyyev

Senior Specialist
CAREC Institute

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

Cheng Jie

Vice President and Chief Information Officer
Zhejiang Chouzhou Commercial Bank

Thomas Erikkson

Director
Regional Department for Central Asia and Middle East, Green Climate Fund

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

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

30 November2025

Arrival of Participants

1 December2025

8:30 – 9:00

Registration

Opening Ceremony

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 (05 minutes)

Opening Address by Mr. Yingming Yang, Vice-President of ADB (05 minutes)

Opening Address by Mayor of Urumqi or Deputy Governor of XUAR, PRC (TBC) (05 minutes)

Keynote address: Achieving Transformative Green Transitions in Developing Regions

9:15 – 9:45

Dr. Wang Xin, Director-General of Research Department, People’s Bank of China

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. In this moderated session, the speakers will make presentations (10 minutes each) on their respective topics, and the moderator will lead and facilitate the Discussion (20 minutes) by inviting questions, comments, and participants’ feedback.

10:00– 11:20

Title: Renewable Energy: Financing Solar, Wind, and New Energy Technologies

Moderator:

Dr. Suriyan Vichitlekarn,

Executive Director,

Mekong Institute

Dr. Pierre Horna, Manager, Financing Energy Transition Workstream, UNESCAP (15 minutes)

Title: Innovative Impact-focused Green Financial Mechanisms and Integrated National Financial Frameworks

Mr. Ravshan Yunusov, Inclusive GrowthCluster Leader, UNDP (15 minutes)

Title: Promoting the Deployment of Low Carbon Systems in the Global South through Appropriate Financing Mechanisms

Dr. Li Cangshu, Professor, Center of International Knowledge for Development under the State Council, PRC (15 minutes)

Title: Renewable Energy Investment Ecosystem in Central Asia

Dr. Kuat Akizhanov, Deputy Director II, CAREC Institute (15 minutes)

Open Discussion (20 minutes)

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.
In this moderated session, the speakers will make presentations (10 minutes each) on their respective topics, and the moderator will lead and facilitate the Discussion (20 minutes) by inviting questions, comments, and participants’ feedback.

11:20 – 12:40

Moderator: Dr. Byungsik Jung,

Deputy Dean, ADB Institute

Title: Mobilizing Private Capital and Catalyzing Green Finance 

Ms. Xinxing (Nova) Li, Senior Advisor to the President, Bank of Huzhou (PRC), Head of Global Sustainable Finance Alliance of SMBs(10 minutes)

Title: Climate-related Disclosure to Unlock Private Climate Finance

Dr. Sayuri Shirai, ADB Institute Fellow and Professor of Economics at Keio University (10 minutes)

Title: Supporting green transition through financing clean technology investment

Ms. Nurzat Abdyrasulova, Manager, Green Economy Financing Facility in the Kyrgyz Republic(10 minutes)

Title: Opportunities and ChallengesFinancing National Green Transition Initiatives(15 minutes) 

Ms. Delgerjargal Batsuuri, Senior Manager, Mongolian Sustainable Finance Association(10 minutes)

Title: ManagingRisks in Financing Green Projects

Mr. Cheng Jie, Vice President and Chief Information Officer, Zhejiang Chouzhou Commercial Bank, PRC(10 minutes)

Open Discussion (20 minutes)

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.

In this moderated session, the speakers will make presentations (15 minutes each) on their respective topics, and the moderator will lead and facilitate the Discussion (20 minutes) by inviting questions, comments, and participants’ feedback.

14:00 – 15:20

Moderator:

Mr. Artem Levenkov,

Head of Development Financing Analysis,

Eurasian Fund for Stabilization and Development

Title: ManagingRisks in Financing Green Projects

Mr. Cheng Jie, Vice President and Chief Information Officer, Zhejiang Chouzhou Commercial Bank, PRC(10 minutes)

Title: Advancing Development with Nature Finance

Dr. Murtaza Syed, Head of Ecosystem, AIIB(15 minutes)

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 (15 minutes)

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(15 minutes)

Open Discussion (20 minutes)

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 (60 minutes). CTTN secretariat will present the progress report (10 minutes) and receive CTTN member feedback to improve the network (20 minutes).

15:20 – 16:40

Moderator:

Mr. Khalid Umar,

Regional Cooperation Specialist, ADB

Title: Impact of Green Finance on Green Transition in CAREC Region (10 minutes)

Speaker: 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 (10 minutes)

Speaker: 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 (10 minutes)

Speaker:  Dr. Razia Abdieva, Assistant Professor, Kyrgyz-Turkish Manas University, Kyrgyz Republic

Title: Green Transition in CAREC Region: Enabling Compliance with Environmental Standards (10 minutes)

Speaker: Dr. Amjad Masood, Associate Professor, Department of Economics, Bahria University, Pakistan

Title: CAREC-South Asia Renewable Energy Finance Pathways (10minutes)

Speaker:  Dr. Dharish David, Associate Faculty, Singapore Institute of Management-Global Education

Title: Public-private partnerships in resource mobilization for green transition financing (10 minutes)

Speaker: Dr. Jamshed Mashokirov, Vice-Rector for Science and International Relations, Tajik State University of Commerce, Tajikistan

Open Discussion (20 minutes)

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.

16:55 – 17:50

Moderator:

Mr. Turdakun Tashbolotov,

Chief of Strategic Planning Division (SPD),

CAREC Institute

Mr. Merdan Yazyyev, Senior Specialist, SPD, CAREC Institute (10 minutes)CTTN Secretariat: New mechanisms for productive cooperation with tangible results

Interventions (20 minutes each)Selected think tank representatives: Reflections on network value and opportunities for growth

Open Discussion (20 minutes)Participants share ideas, proposals, and expectations for strengthening CTTN

Closing Session

17:50 – 18:00

Mr. Charymuhammet Shalyyev, Director, CAREC Institute

18:00 onwards

Dinner

We appreciate your participation.
Please scan the QR code to complete the Post-Forum Survey and support continuous improvement of the CTTDF.

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.

  • 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:

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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:

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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:

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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:

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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:

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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.

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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:

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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:

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