SQB Participates in the EBRD Climate Leadership Forum in Tashkent

On 29 October 2026, Tashkent hosted the EBRD Climate Leadership Forum with Partner Financial Institutions, organized by the European Bank for Reconstruction and Development (EBRD) for its partner financial institutions.

Representing SQB, Abdurashid Khakimov and Bobir Sultonmurodov participated as speakers, sharing the Bank’s experience and practical approaches to advancing sustainable finance and integrating climate considerations into banking operations.

The forum focused on three key areas:

1. Uzbekistan’s Economic and Climate Context and the Growing Importance of Climate Transition Planning

Discussions addressed how climate change, increasing energy demand, water scarcity and the development of renewable energy are shaping the banking sector. Particular attention was given to integrating climate considerations into banks’ strategies, risk management frameworks and lending decisions.

2. Transition Plans as Business Navigation Tools

Participants explored the role of climate transition plans in shaping long-term business strategies, enhancing competitiveness and strengthening portfolio resilience. The discussion also highlighted financing opportunities in energy efficiency, renewable energy, cleaner production and water-saving technologies.

3. Climate Leadership and Institutional Action

The importance of senior management commitment, effective governance, professional capacity building and cross-functional collaboration was emphasized as essential to translating climate ambitions into measurable institutional action.

SQB’s Experience in Sustainable Finance

For SQB, sustainable finance is a strategic priority and an integral part of its long-term development agenda. Since establishing its Green Banking Department in 2019, the Bank has consistently expanded green lending, strengthened environmental and social risk management, and mobilized international capital through sustainable bond issuances.

As of 1 October 2026, SQB’s sustainable finance portfolio reached USD 1,5 billion, including USD 730.5 million in green financing.

Participation in the forum provided a valuable opportunity to exchange practical experience with international financial institutions and discuss further steps to advance climate transition planning and sustainable finance in Uzbekistan.

SQB remains committed to integrating sustainability principles into its banking operations and supporting the transition towards a more resilient, competitive and environmentally responsible economy.