16:54, 18 ноября 2025, Bishkek – 24.kg news agency , Aizada KUTUEVA
The Asian Development Bank (ADB) has approved a $56.4 million program to help Kyrgyzstan and Tajikistan strengthen their disaster response capacity. The ADB press service reported.
According to it, the program will be financed by a $53.1 million grant from the Asian Development Fund (ADF), along with $3.3 million in cofinancing from the Asia-Pacific Climate Facility. ADF provides grants to poor and vulnerable countries in the Asia-Pacific region. From 2021 to 2024, it helped 384,000 people escape poverty and created nearly 500,000 jobs.
The statement notes that both countries are vulnerable to natural disasters such as earthquakes and floods, but have limited budgets and lack risk transfer mechanisms to effectively respond to natural disasters.
«The Tiered Assistance Program will strengthen countries’ financial preparedness by combining two pre-designed ADB investment instruments that address varying levels of disaster risk.
It includes the Contingent Disaster Financing (CDF)—budget support for moderate-severity disasters and health emergencies—and the Disaster Relief Bond (DRB), which…
