Skip to main content

Uzbekistan is using the International Energy Charter on its way to carbon neutrality

Energy Charter Secretariat participated in a hybrid event jointly organized by the Mission of Uzbekistan to the EU and the ECS on “Fostering ground breaking European investment in Uzbekistan as a means of powering economic growth and creating jobs galore”

The ECS was physically represented by Dr. Marat Terterov, the Head of Expansion of the ECS as moderator, Dr. Antonenko, the Head of Energy Efficiency and Secretary General Dr. Rusnák, who gave a key-note speech on the importance of the current Siemens Gas-Power-Plant investment in Uzbekistan leading the way to carbon neutrality by 2050 and clean energy transition, as well as the importance of technology transfer and Foreign Direct Investments. Uzbekistan is one of the founding members of the Energy Charter Treaty and this Foreign Direct Investment by Siemens once again shows the importance of the Energy Charter Treaty and its voluntary instruments aimed at investment facilitation and assessment of investment risks. One is the ECS’s flagship publication - the Energy Investment Risk Assessment, or EIRA that evaluates risks to energy investment and is also aimed at improving the investment climate. Uzbekistan participated in EIRA in 2019 and 2020. The other is the Investment Facilitation Toolbox that addresses obstacles to investment in the energy sector in pre- and post-establishment phases.

Other speakers were

H.E. Mr. Dilyor Khakimov (Ambassador of the Republic of Uzbekistan)

Mr. Alain Danniau (Director & CEO, Stone City Energy (Rotterdam)

Mr. Klaus Hachmeier (Senior Government Affairs Representative, Siemens Energy)

Mr. Ali Marossi (Secretary General, The Hague Centre for Law and Arbitration