Ï A New Digital Tool for Monitoring Climate Finance Discussed in Ashgabat
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A New Digital Tool for Monitoring Climate Finance Discussed in Ashgabat

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A New Digital Tool for Monitoring Climate Finance Discussed in Ashgabat
A New Digital Tool for Monitoring Climate Finance Discussed in Ashgabat
A New Digital Tool for Monitoring Climate Finance Discussed in Ashgabat
A New Digital Tool for Monitoring Climate Finance Discussed in Ashgabat
A New Digital Tool for Monitoring Climate Finance Discussed in Ashgabat
A New Digital Tool for Monitoring Climate Finance Discussed in Ashgabat

An interagency training session dedicated to modern technologies for climate change adaptation and environmental protection was held at the Archabil Hotel. The event took place as part of a joint project of the Ministry of Environmental Protection of Turkmenistan, the Food and Agriculture Organization of the United Nations (FAO), and the Green Climate Fund.

The main objective of the meeting was to present and test a new digital tool designed to monitor the “transparency” of climate finance. During practical sessions, representatives of the country’s ministries and agencies personally familiarized themselves with the concept and capabilities of the program, and studied methods for collecting departmental statistics and classifying expenditures.

The new digital platform was developed to organize information on environmental expenditures, improve reporting on greenhouse gas emissions, and facilitate national planning. The program makes it possible to systematize data on agriculture and forestry, as well as assess the country’s actual contribution to fulfilling the provisions of the United Nations Framework Convention on Climate Change and the Paris Agreement.

At the conclusion of the event, experts emphasized that Turkmenistan demonstrates a high level of climate self-financing and the successful implementation of long-term national programs. The country is effectively addressing the objectives of the green economy through its own resources, confirming its economic self-sufficiency and consistent commitment to the principles of sustainable development.