亞太經合組織：2024推進CAREC區域的綠色增長和可持續發展研究報告（英文版）（51頁）.pdf

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1、ANNUAL REPORTCAREC INSTITUTE2023FLAGSHIP EVENTS:CAREC THINK TANKDEVELOPMENT FORUMCAREC INSTITUTERESEARCH CONFERENCESYNERGIES FOR SUSTAINABLE DEVELOPMENT:EXPLORING INCLUSIVEGREEN GROWTH AND DIGITAL ADOPTION IN THE CAREC REGIONDirectors Message1Institutional Strategy32023 Activities at Glance6Figures

2、in 20237Priority Themes and Major Events8Enhancing Institutional Capacity 38Financial Highlights442024 Outlook46Table of ContentsADBAsian Development Bank ADBIAsian Development Bank InstituteBRIBelt and Road InitiativeCARECCentral Asia Regional Economic CooperationCPMMCorridor Performance Measuremen

3、t and Monitoring CTTNCAREC Think Tank NetworkCTTDFCAREC Think Tank Development ForumCOVID-19Coronavirus disease 2019FDIForeign Direct InvestmentFTAFree Trade AgreementGDPGross Domestic ProductICTInformation and Communications TechnologyIFRSInternational Financial Reporting StandardsIsDBIslamic Devel

4、opment BankMSMEMicro,Small,and Medium enterpriseOFDIOutward Foreign Direct InvestmentPRCPeoples Republic of ChinaRAMRoad Asset ManagementToTTraining of TrainersUNICEFUnited Nations International Childrens EmergencyFundUNESCAPUnited Nations Economic and Social Commission forAsia and the PacificAbbrev

5、iations Dear Stakeholders,I am pleased to introduce the CAREC Institutes Annual Report forthe year 2023 that focuses on promoting green growth,sustainabledevelopment,and digital adoption in the CAREC region throughresearch,capacity building,and knowledge sharing.By engagingleaders,experts,and stakeh

6、olders in discussions,the Institute aims toaddress regional policy challenges and find sustainable solutions forcollective benefit.In a world facing unprecedented challenges,the importance ofregional cooperation and sustainable development cannot beoverstated.As we navigate the complexities of econo

7、mic growth,inclusivity,and environmental sustainability,the CAREC region standsat a critical juncture.Through a lens of inclusivity and green growth,the report showcases the initiatives of the CAREC Institute thatadvocate for the integration of economic progress,environmentalconservation,and social

8、equality.The knowledge products of theCAREC Institute emphasize the significance of mobilizing resources,promoting innovation,and embracing digital technologies to propelthe region towards a sustainable future.As we confront the realities of climate change,water scarcity,andeconomic uncertainties,th

9、e CAREC Institute has offered valuableknowledge services and products to facilitate effective collaborationamong policymakers,researchers,and stakeholders.Together,we aimto navigate towards a greener and more resilient future by leveragingpartnerships and embracing innovative solutions.Our collectiv

10、eefforts pave the way for a sustainable and prosperous CAREC regionfor future generations.Through initiatives like the CAREC Institutes Annual ResearchConference,CAREC Think Tank Development Forum and thepublication of research papers,policy briefs and economic monitors,policy dialogues,capacity bui

11、lding trainings and workshops,policymakers are equipped with the knowledge and tools needed toimplement recommended policy actions for sustainable and inclusivedevelopment in the region.Directors MessageThe report highlights the critical importance of regional cooperation,digital transformation,infr

12、astructure development,and innovativefinancing models to achieve sustainable and inclusive economicgrowth in the post-COVID-19 era.It emphasizes the urgency ofaddressing climate change challenges through research-drivenstrategies and green initiatives to shape a sustainable future for theregion.Serv

13、ing as a regional knowledge organization,the CAREC Instituteactively contributes to the CAREC Program by conducting research,providing capacity building services,and facilitating knowledgesharing.Collaborating closely with CAREC governments,the Institutecontinues assisting in achieving their policy

14、objectives of fosteringprosperity and enhancing economic integration within the region.Sincerely,Kabir K.JurazodaThe CAREC Institute Strategy for 2021-2025 is designed to respondto the evolving post-pandemic environment by enabling a green,sustainable,and inclusive recovery of the CAREC region.Based

15、 on thenew strategy,the CAREC Institute increases the volume and qualityof its products and services to meet the demand for knowledge fromits member countries and the CAREC Program.Our twelve strategicpriorities for 2021-2025 are:Deepening Stakeholder Engagement.The CAREC Instituteincreases its enga

16、gement with member countries,the CARECSecretariat and national and international think tanks to betterunderstand regional and country-specific research and capacitybuilding needs.Attracting and Retaining Technical Talent.To become aninnovative knowledge-based organization,the CAREC Institutecontinue

17、s to identify significant skill gaps by transparently hiringstaff and secondees,developing their skills,and reviewing andupdating staff compensation mechanism to attract and retain high-quality talents.Diversifying Financial Resources.With its newly developedResource Mobilization Strategy for 2022-2

18、025,the CARECInstitute continues to deepen engagement with its membercountries and build staff capacity to advance resourcediversification.Ensuring Conducive Working Environment.The CAREC Institutepromotes a conducive working environment to optimize itsproductivity and efficiency by providing sustai

19、ned access to state-of-the-art tools and techniques,databases,and knowledge sourcesfor producing quality outputs.Strategizing Operational Priorities.The CAREC Institute(i)buildsin-house technical expertise around a few core themes selectedfrom all five clusters of the CAREC 2030 strategy and integra

20、tes itsresources around them for producing high impact,high qualityknowledge output;(ii)selects relevant topics for knowledgeinterventions within the core themes;(iii)keeps the flexibility tooffer demand based technical knowledge services on any country-specific issues,as long as they support region

21、al cooperation andintegration and are within the Institutes in-house technicalexpertise and specific CAREC priority clusters;and(iv)integratesCOVID-19 pandemic as an overarching and cross cutting theme inits operations.Institutional StrategyExpanding Research Portfolio.The CAREC institutes new focus

22、areas in which member countries need urgent post-pandemicresearch support are:(i)promoting trade and foreign directinvestment for increasing regional trade flows and participation inregional and global value chains;(ii)building back better bysupporting greener,resilient and inclusive policies,partic

23、ularly intourism and climate change areas;(iii)facilitating cross-borderfinancial cooperation among member countries;(iv)promotingcapacities and regulatory environment for creating and benefitingfrom regional public goods;and(v)leveraging digital technologiesfor resilience and poverty alleviation.Th

24、e Institute continues todevelop in-house sectoral research capacity,lessening its relianceon outsourced research consultants.Revitalizing Capacity Building Approach.The CAREC Institutecontinues responding to emerging capacity gaps in membercountries.The newly conceptualized capacity building approac

25、hspearheaded by an e-learning platform with hybrid modalitieshelps the Institute(i)build on its programmatic achievements byidentifying core capacity gaps in member countriespolicy,regulatory,procedural,and so on;(ii)determine levels of capacityfor various tiers of governmentleadership,operational;(

26、iii)determine stages of capacity buildingshort duration to extendedperiod;and(iv)define measurable outcomes of capacity buildinginterventionsanticipated changes in policy formulation.Adopting an Innovative Knowledge Management Approach.The CAREC Institute continues to innovate its knowledgemanagemen

27、t approach by emphasizing and designing user-friendlyknowledge products and harnessing digital technology forbolstering dissemination to reach out to senior policymakers andstakeholders,organizing and indexing knowledge to ensure user-friendly navigation.Improving Partnerships and Networks.The CAREC

28、 Institutecontinues to refine its approach to building partnerships byidentifying opportunities and developing synergies,including jointactivities within the CAREC Think Tank Network,in particular theCAREC Think Tank Development Forum.CAREC Corridor Performance Measurement and Monitoring(CPMM).The C

29、AREC Institute and the ADB are working togetherto transfer ADBs expertise in CPMM methodology,data collectionand analysis,and preparation and publication of reports to theCAREC Institute by the end of the strategy period.Adoption of Digital Approaches.The CAREC Institutes transitionfrom a relatively

30、 new institution to a mature,go-to place forknowledge solutions in the region largely depends on itsadaptability to embrace agile,cutting-edge technologies in itsoperations to increase efficiency and effectiveness.The Institutecontinues to leverage digital/virtual technologies,finetuneapproaches in

31、its operations,inspire and lead other regional thinktanks to learn from Institutes experience,and facilitate membercountries in bridging digital adoption gaps.Quality Assurance Framework.To achieve the status of areputable and mature think tank in the region,the CAREC Institutewill significantly enh

32、ance the quality of its products andinterventions by implementing a quality assurance framework forall its activities.2023 Activities at GlanceSeventh CAREC Think TankDevelopment Forum“Embracing DigitalTechnology for Sustainable EconomicDevelopment”Policy Brief on the Trade Facilitation inthe CAREC

33、regionDialogue between Government andPrivate Sector:Promoting Trade andInvestment in CAREC RegionFifth Meeting of CARECInstitutes Advisory CouncilCTTN Dialogue on RegionalStrategic Vision for ClimateActionWorkshop on Results of New CivilAviation Research Project FEBRUARYAPRILJUNEJULYAUGUSTSEPTEMBERO

34、CTOBERNOVEMBERDECEMBERJoint CTTN Dialogue and CAREC ChaiEvent about the Economic Impact ofthe Russian-Ukraine Conflict on theCAREC CountriesFourth CAREC Chai Event on ClimateChange Issues and Potential forRegional ActionCAREC Quarterly Economic MonitorNo.9New Strategic Partnershipbetween the CAREC I

35、nstitute andthe Beijing National AccountingInstituteQuarterly Economic Monitor No.11Workshop“Household access toenergy in the Fergana Valley amultidimensional survey-basedassessment in three CARECcountries”Knowledge-Sharing Webinar onEnhancing Regional TradeFacilitation in the CAREC regionthrough Na

36、tional Single WindowCAREC Institutes Paperspublished in Asia PacificSustainable Development JournalMid-Term Review of CARECInstitutes Strategy was finalizedWorkshop on Early Warning andRegulations of International FinancialRisksDigital CAREC Virtual Policy Dialogueon the Digital FDI Ecosystem CAREC

37、Institute E-Learning PlatformFeatured in ADBIs New BookCAREC Institutes Third AnnualResearch Conference“Prospectsfor an Inclusive Green Growthand Sustainability in the CARECRegion”Policy Brief on Chinas Best PolicyPractices for Using CentralizedInspections for Low-CarbonCities.Report“CAREC Digital F

38、DI Ecosystemin the CAREC Region(phase II)”Report“Water Infrastructure inCentral Asia:Promoting SustainableFinancing and Private CapitalParticipation”Economic Brief“The PRCs OFDI tothe CAREC regionprospects in greenenergy”Policy Brief“Development of the CivilAviation Industry in Six CARECCountries:Ge

39、orgia,Kazakhstan,theKyrgyz Republic,Mongolia,Turkmenistan,Uzbekistan”Symposium on“China Central AsiaCooperation on Digital EconomyInnovation and Governance”Quarterly Economic Monitor No.10Third Meeting of CAREC InstitutesFinancial Sustainability Working GroupFourteenth Meeting of the CARECInstitutes

40、 Governing CouncilNew Strategic Partnershipbetween the CAREC Institute andthe Export-Import Bank of ChinaNew Strategic Partnershipbetween the CAREC Institute andthe Centre for Analysis ofEconomic Reforms andCommunication-AzerbaijanSixth Chai Dialogue on MiddleCorridor DevelopmentSeventh Chai Dialogu

41、e to DiscussRegulatory Frictions in DigitalPaymentsThird Water Virtual Policy DialogueTen CPMM Country BriefsJANUARYCAREC Institutes Second AnnualBookRegional workshop“StrengtheningKnowledge and Capacities for theDesign and Implementation of FreeTrade Agreements Involving CARECCountries:Training of

42、Trainers”Sixth CAREC Think TankDevelopment Forum Report Webinar on Regional Cooperation inCentral Asia on Water,Energy andClimate Change MARCHMAYWorkshop“Charting a Pathwaytowards a Green,Climate-ResilientEconomy Recovery in Asia in Post-COVID-19 Era”Webinar Unleashing the Potential ofMSMEs in the C

43、AREC Region:Recommendations for OvercomingBarriers to Finance Country-Specific Workshop on RoadAsset Management for the KyrgyzRepublicCountry-Specific Workshop on RoadAsset Management for TajikistanCAREC Institutes new report“Strengthening agricultural extensionservices in rural Uzbekistan:opportuni

44、ties and alternatives”Annual Book Research Papers&ReportsEconomic Brief Research Conference New Memorandums ofUnderstandingCAREC Think Tank Development Forum Workshops,Webinars,Forums&DialoguesLearning Modules on E-LearningPlatform Subscribers of E-newsletter inChinese,English,and Russian Followers

45、on LinkedIn131Policy Briefs5Quarterly Economic Monitors42164E-Learning Platform Visitors 35 128Visits to the E-learning Platform197 05911PUBLICATIONSCAPACITY BUILDINGFLAGSHIP EVENTSPARTNERSHIPS5MEDIA OUREACH2 727Followers on Weibo33 1003 1002023 in FiguresCPMM Briefs 10Followers on WeChat1 873Learni

46、ng Videos on E-LearningPlatform 64Green growth and sustainable development are vital for the CARECregion as they are essential in promoting economic prosperity whilesimultaneously reducing environmental impact.Embracing greengrowth and sustainable development allows CAREC membercountries to enhance

47、productivity and efficiency while minimizingtheir environmental footprint,resulting in lasting economic andenvironmental advantages.Regional cooperation on water resources,energy,and climate changeis crucial for green growth and sustainable development.Thesesectors are interconnected,and addressing

48、challenges in one areaoften requires collaboration in others.In light of this,the CARECInstitute and the Davis Center for Russian and Eurasian Studies ofHarvard University jointly hosted a webinar about regionalcooperation in Central Asia on water,energy,and climate change onJanuary 30,2023.The expe

49、rts discussed how water is intricatelylinked to climate change.Climate change impacts the water cycle,leading to changes in precipitation patterns,evaporation rates,andthe availability of water resources.Rising global temperatures canresult in more frequent and intense droughts,floods,and extremewea

50、ther events,affecting water availability and quality.Changes intemperature and precipitation patterns can alter the timing andvolume of river runoff,snowmelt,and groundwater recharge,impacting water supply for agriculture,industry,and domestic use.This can lead to water scarcity in some parts of the

51、 CAREC region andincrease competition for limited water resources.Furthermore,climate change can exacerbate water-related challenges such aswater pollution,salinization,and sea-level rise,affecting coastal areasand freshwater ecosystems.Shifts in rainfall patterns can alsoinfluence water availabilit

52、y for hydropower generation,affectingenergy production and security.Water scarcity can impact energyproduction,and climate change affects both water resources andenergy systems.Therefore,addressing climate change requiresintegrated water management strategies to adapt to changingconditions,enhance w

53、ater efficiency,and mitigate water-relatedrisks.Sustainable water management practices can help buildPriority Themes and Major EventsFostering Sustainable Development and Climate Resiliencevia Regional Collaboration in the CAREC Region:Paving theWay to a Greener Future with Knowledge Exchangeresilie

54、nce to climate change impacts and ensure the availability ofwater resources for current and future generations.The expert discussion provided valuable insights andrecommendations for fostering collaboration,addressing challenges,and advancing sustainable practices in managing water resources,energy,

55、and climate change in Central Asia.Regional cooperationallows for the sharing of knowledge,resources,and best practicesamong countries facing similar issues.By working together,countriescan develop more effective solutions and strategies to manage thesecritical resources sustainably.Additionally,reg

56、ional cooperation canhelp mitigate conflicts over shared resources,such as transboundaryrivers,by fostering dialogue and cooperation rather than competition.Overall,cooperation in water resources,energy,and climate change isessential for promoting sustainable development,resilience toenvironmental c

57、hallenges,and ensuring the well-being ofcommunities in the region.You can watch the video recording of thewebinar here.With the CAREC region consuming a large portion of the availablewater,innovative policies are needed to ensure efficient andproductive use of this vital resource.CAREC Institutes ne

58、wpublication“Water Infrastructure in Central Asia:PromotingSustainable Financing and Private Capital Participation,”co-authoredby Dr.Iskandar Abdullaev,former Deputy Director Two of the CARECInstitute,and Mr.Shakhboz Akhmedov,former Senior ResearchFellow at CAREC Institutes Research Division,emphasi

59、zes theimportance of water resources for economic growth in Central Asia,aregion highly dependent on water-intensive agricultural and energyproducts.The reports notes that water is essential for agriculture,which is asignificant sector in many CAREC countries.Adequate water supply isnecessary for ir

60、rigation to support crop growth and ensure foodsecurity.Water is vital for energy production in the regionmanyCAREC countries rely on water as a source of hydropower,which is arenewable and clean energy source.Water availability directlyimpacts energy generation and contributes to the regions energy

61、security.Additionally,water plays a key role in sustaining ecosystems,biodiversity,and overall environmental health in the CAREC region.It supports aquatic life,maintains wetlands,and regulates climatepatterns,all of which are essential for ecological balance andresilience.Moreover,access to clean w

62、ater is fundamental for publichealth and sanitation.Adequate water supply and sanitation facilitiesare essential for preventing waterborne diseases and promotingoverall well-being in communities across the CAREC region.Therefore,ensuring sustainable water management practices andinfrastructure is cr

63、ucial for the regions prosperity and resilience.The report advocates that governments build legislative frameworksfor non-institutional participants to manage investment risks andunlock values by collaborating with government agencies,regulators,and communities.The governments of Central Asia should

64、 modifytheir agricultural policies to encourage private enterprises to invest inwater services,and the operation and maintenance of irrigationinfrastructure should be of the highest quality.Yet,there is great valuein engaging with communities and organizations of varying sizes toexpose the required

65、data and information.In fact,the long-termperformance and sustainability of infrastructure are directly tied tothe level of integration and cooperation amongst stakeholders,suchas government agencies and other institutions.The improvement ofwater infrastructure,operation,and maintenance,as well as t

66、heprovision of specialized water services,is reliant on enhancingcapacity building and technological integration.Moreover,establishingcommercial collaborations can increase technological innovation inthe water industry.The extensive implementation of digitaltechnologies and innovative approaches in

67、the water industry willboost water resource development and utilization effectiveness.Please visit the CAREC Institutes website for more information.The Third Water Virtual Policy Dialogue hosted by the CARECInstitute focused on Water Infrastructure in Central Asia:PromotingSustainable Financing and

68、 Private Capital Participation.The dialogueparticipants noted that adequate funding is necessary to develop,maintain,and upgrade water infrastructure systems,including watersupply,sanitation,and irrigation facilities.Without proper financing,these systems may deteriorate,leading to water shortages,e

69、nvironmental degradation,and public health risks.Secondly,investing in water infrastructure can improve access to clean and safewater,particularly in regions where water scarcity is a pressing issue.This,in turn,can enhance public health,reduce waterborne diseases,and improve overall quality of life

70、 for communities.Furthermore,financing water infrastructure projects can contribute to economicdevelopment by creating jobs,stimulating local economies,andattracting private sector investments.Improved water infrastructurecan also support agricultural productivity,industrial growth,andsustainable ur

71、ban development.In summary,financing waterinfrastructure is essential for ensuring access to clean water,promoting public health,driving economic growth,and buildingresilient communities in the face of water-related challenges.The dialogue brought together leading water sector experts from theCAREC

72、region to discuss issues and policies for long-term sustainablefinancing of the water sector in Central Asia.Experts emphasized theneed for improved policy dialogue between scientists andpolicymakers,better coordination among Central Asian countries andinternational institutes engaged in water proje

73、cts,and the importanceof public-private partnerships in water infrastructure development.Recommendations included enhancing collaboration,legislativeimprovements,anti-corruption measures,transparency,and effectiveengagement of the private sector in water infrastructure projects.Thedialogue highlight

74、ed the significance of a comprehensive strategywith clear tasks and responsibilities to efficiently implement water-related projects for sustainable development and management ofwater resources in the region.Materials and recordings of thedialogue are available on the CAREC Institutes e-learning pla

75、tformfor broader access across the CAREC region and beyond.Agricultural extension services play a crucial role in addressingclimate change in the agriculture sector.These services providefarmers with essential knowledge,information,and resources toadapt to and mitigate the effects of climate change.

76、The report onagricultural extension services in rural Uzbekistan,published by theCAREC Institute,discusses the current state of research andextension services in Uzbekistan.It highlights the need for freshapproaches and new types of extension services to support theincreasing production of the agric

77、ultural sector and address futurechallenges.The report emphasizes the importance of innovativemethods,such as ICT-based extension services,to improve long-term and high-performing agricultural extension services.It suggests supporting new alternatives,including digital,commercially driven,supply-bas

78、ed extension services,to enhance thedevelopment of extension services in rural Uzbekistan.Incentives andsupport for private sector players are recommended to bring quickerand more sustainable solutions to the sector.Agricultural extension services help enhance agricultural productivity,promoting sus

79、tainable practices,building resilience against climatechange,facilitating market access,and supporting rural development.By providing farmers with access to modern farming techniques,information on environmentally friendly practices,and market-oriented training,extension services empower farmers to

80、increaseyields,adapt to changing environmental conditions,access markets,and improve their livelihoods.In essence,agricultural extensionservices are instrumental in driving agricultural development andeconomic growth in the CAREC region.Regional collaboration and joint strategic planning are key to

81、creatinga more climate-resilient and sustainable region.The Fourth CARECChai event highlighted the main climate change challenges faced bythe region and emphasized the necessary policy actions to addressthem.Key topics included the urgent need for regional cooperation totackle climate change,the imp

82、ortance of developing adaptation andmitigation strategies,and the potential for coordinated action amongCAREC member countries.The key takeaways from the FourthCAREC Chai Event underscore the urgent need for regionalcooperation to tackle climate change challenges in the CAREC region.Participants emp

83、hasized the importance of developing adaptationand mitigation strategies to enhance resilience against climatechange impacts.The event highlighted the potential for coordinatedaction among CAREC member countries to promote sustainabledevelopment and address climate change effectively.Researchfinding

84、s and recommendations presented at the event emphasizedthe critical role of collaboration and strategic planning in building amore climate-resilient and sustainable region.To gather perspectives from leading national think tanks in theCAREC region on the draft strategic document Regional Action onCl

85、imate Change:A Vision for CAREC in 2050,the webinar as part ofthe CAREC Think Tank Network Talk Series was conducted by the CAREC Institute.Workshop participants discussed theimportance of coordinating strategic approaches among CARECcountries to address climate change challenges in the region.Dr.Jo

86、hannes Linn,Senior Fellow,Global Economy and DevelopmentProgram at the Brookings Institution,provided an overview of thedraft strategic document CAREC Climate Change Vision2050.Henoted that,based on the new strategic document,the CARECProgram should explore the opportunities to support its membercou

87、ntries in designing and implementing their national climatestrategies and revisit CAREC sectoral and thematic strategicdocuments to ensure compliance with the goals of the ParisAgreement.Because climate change mitigation and adaptation will require largefinancial resources,CAREC countries should exp

88、lore opportunities todevelop joint financing plans and innovative tools for regional climateaction programs in close partnership with development partners andprivate sector investors.To this end,CAREC Program will assistmember countries in developing their climate finance plans andinstruments,improv

89、ing regional coordination and cooperation,strengthening the capacity of member countries to attract climatefinance,and providing access to global climate funds,and more.Toimplement these initiatives and monitor their progress,CARECcountries need to establish the CAREC Climate Change SteeringGroup,wh

90、ich could be advised by a Cross-sectoral Working Group onClimate Change and/or a Climate Expert Group.The CARECSecretariat and the CAREC Institute will implement necessaryanalytical and capacity-building activities to help member countriesbetter understand climate and disaster risks and support risk

91、-sensitive policies and investments.The webinar highlighted thevulnerability of the CAREC region to climate change impacts,such asrising temperatures,increased variability,and extreme weatherevents.The strategic document aims to establish common principlesfor climate action and identify priority are

92、as for investment to create amore resilient and climate-resilient region.The document wasadopted by CAREC ministers during the 22nd CAREC MinisterialConference in Tbilisi,Georgia,in November 2023.To share the best policy actions related with the climate change,theCAREC Institute has published a poli

93、cy brief on Chinas policy practices for using centralized inspections for low-carbon cities.Chinas central inspections involve rigorous assessments andevaluations conducted by the central government to ensure thatcities effectively implement low-carbon policies and meet emissionreduction targets.The

94、se comprehensive inspections identify potentialgaps and challenges in low-carbon initiatives,allowing for targetedinterventions and policy adjustments to enhance environmentalperformance.By engaging with local authorities and communities,central inspections foster a culture of accountability and enc

95、ouragecities to adopt innovative measures and best practices for reducingcarbon emissions.As a result,these inspections serve as a vitalcatalyst for fostering eco-friendly urban development and aligningcities with Chinas commitments to combat climate change andachieve a greener and more sustainable

96、future.Inspectionsconstitute a distinctive administrative system within China,involvinghigher-level governments overseeing the actions of lower-levelgovernments.In the context of environmental protection,inspectionsinvolve establishing environmental protection inspection groups byhigher authorities,

97、which are then deployed to local areas to supervise,inspect,control,and hold local governments and environmentalprotection departments accountable.Among these inspectionmechanisms,Central Inspections of Environmental Protection is oneof Chinas most stringent and obligatory environmental regulations.

98、To further discuss the challenges of climate change in the CARECregion and the importance of promoting green and inclusiveeconomic growth with the CAREC academic community,the CARECInstitutes Third Annual Research Conference,titled Prospects for anInclusive Green Growth and Sustainability in the CAR

99、EC Region.Theresearch conference aimed to foster connections between researchand policymaking by documenting policy-oriented research andcontemporary thinking on inclusive and green economic growth.Theconference,supported by the ADB,brought together over 120researchers and experts to discuss urgent

100、issues such as climatechange,sustainable economic growth,and inclusive development inthe CAREC region.The conference served as a platform to catalyzediscussions and initiatives towards a resilient,inclusive,andsustainable future for the CAREC region,emphasizing thecollaboration between stakeholders

101、to shape a prosperous andenvironmentally conscious future.Key takeaways from the CAREC Institutes Third Annual ResearchConference include the urgent need to address climate change,achieve sustainable economic growth,and promote inclusivedevelopment in the CAREC region.The conference emphasized theim

102、portance of regional cooperation to find solutions for green growthand sustainable development,particularly in the face of climatechange impacts.Stakeholders highlighted the significance of unitingefforts and knowledge to shape a future where economic prosperityaligns with environmental stewardship

103、and social justice.Additionally,the commitment of CAREC and the ADB to support membercountries in developing and implementing national climate strategieswas underscored,with a focus on mobilizing climate finance andestablishing a multi-donor trust fund for regional climate andsustainable development

104、 projects.The conference also emphasizedthe need for new knowledge and rigorous research analysis in areassuch as cross-border technology transfer,private sector participationin green development,and inclusivity to ensure all voices are heard inthe pursuit of sustainable growth.The CAREC Institutes

105、Annual Research Conference plays a pivotalrole in shaping regional policymaking and fostering researchcollaboration in the CAREC region.Through collaborative discussionsand presentations,stakeholders gain valuable insights into pressingissues such as climate change,economic development,and regionalc

106、ooperation.This exchange of knowledge and expertise not onlyinforms policymaking decisions but also catalyzes transformativeinitiatives that address the regions most critical challenges.Bypromoting research collaboration and knowledge sharing,theconference contributes to the development of evidence-

107、basedpolicies,fosters cross-border cooperation,and ultimately paves theway for a more sustainable and resilient future for the CAREC region.As the result of the previous year(2022)research conference,theCAREC Institutes Second Annual Book,titled Resilience andEconomic Growth in Times of High Uncerta

108、inty was published thatoffers a comprehensive exploration of key economic growth issues inthe CAREC region.Authored by prominent researchers,the bookdelves into the challenges and opportunities faced by countries in theaftermath of high uncertainty,particularly in the context of theCOVID-19 pandemic

109、.Through a collection of chapters,the bookprovides insights into strategies for building resilience,fosteringeconomic growth,and navigating uncertain times.By addressing important economic growth issues,the Second Annual Book servesas a valuable resource for policymakers,researchers,andstakeholders

110、seeking to understand and address the evolvingeconomic landscape in the CAREC region.The book emphasizes the importance of building resilience in the faceof uncertainty,and underscores the need for concerted,resilient,andinclusive actions from governments to navigate challenges andpromote economic g

111、rowth.The chapters in the book offer valuableperspectives on addressing deep connections between diversesectors of the economy,enhancing current and future economicgrowth,and implementing evidence-based response measures.CAREC Institutes Second Annual Book serves as a platform forsharing cutting-edg

112、e research and insights on economic challengesand opportunities within the region.By disseminating this knowledge,the book facilitates informed decision-making among policymakers,researchers,and stakeholders,thereby fostering a deeperunderstanding of the economic landscape and potential pathways for

113、cooperation.The book helps to stimulate research cooperation andcapacity building among countries in the region.Overall,publishingCAREC Institutes Second Annual Book plays a vital role in promotingdialogue and knowledge sharing among CAREC countries,laying thefoundation for enhanced regional economi

114、c cooperation andsustainable development.In addition,the CAREC Institute,in collaboration with the BeijingGreenovation Institute for Public Welfare Development and the AsiaFoundation,organized a research workshop titled Charting aPathway towards a Green,Climate-Resilient Economy Recovery inAsia in P

115、ost-COVID-19 Era.Researchers and policymakers discussedthe need for regional cooperation initiatives,digital transformation,infrastructure development,and innovative financing models toachieve sustainable and inclusive economic growth in the post-COVID-19 era.The discussions at the workshop undersco

116、red thecritical importance of regional cooperation and collaborative effortsto accelerate the energy transition and promote green economicrecovery in the CAREC region.The workshop emphasized theurgency of addressing climate change challenges through research-driven strategies and emphasized the role

117、 of green initiatives and climate-resilient economic recovery in shaping a sustainable futurefor the region.To reach a wider academic community and to increase theirawareness,engagement,and action on critical issues facing theCAREC region,CAREC Institutes research papers were published inthe Asia Pa

118、cific Sustainable Development Journal.These papers,produced under the CAREC Institute Visiting Fellows Program,covera range of topics such as low-carbon energy development,trade,transport,and digital connectivity.By presenting the main findings ofthese papers in the journal,the CAREC Institute aims

119、to equippolicymakers with the knowledge and tools needed to implementrecommended policy actions for achieving sustainable and inclusivedevelopment in the region.The publication of these papersunderscores the Institutes commitment to promoting regionalintegration,cooperation,and sustainable developme

120、nt in the CARECregion.Collaborating with the United Nations Economic and SocialCommission for Asia and the Pacific(UNESCAP)on publishing theresearch journal is important for the CAREC Institute.Partnering withUNESCAP lends credibility and visibility to the research findings andinsights generated by

121、the CAREC Institute.By publishing in areputable journal under the auspices of UNESCAP,the research gainsrecognition and legitimacy,enhancing its impact and reach amongpolicymakers,researchers,and stakeholders in the Asia-Pacific region.Cooperation with UNESCAP also provides access to a broadernetwor

122、k of experts,institutions,and resources in the region.Thiscollaboration facilitates knowledge exchange,promotes bestpractices,and fosters dialogue on key issues related to sustainabledevelopment,economic integration,and regional cooperation.Bytapping into UNESCAPs expertise and network,the CAREC Ins

123、titutecan leverage additional support and expertise to further its researchagenda and initiatives.The journal serves as a platform for sharingknowledge,experiences,and policy recommendations,contributing toinformed decision-making and policy formulation at the regional andinternational levels.Partne

124、ring with UNESCAP on publishing theresearch journal not only enhances the credibility and impact of theCAREC Institutes research but also facilitates collaboration,knowledge sharing,and dialogue on sustainable development and economic cooperation in the Asia-Pacific region.The papers areavailable th

125、rough the UNESCAP website.To discuss the importance of renewable energy and energy securityand to understand the energy demand of households,the CARECInstitute in cooperation with the Asian Development Bank Instituteand the Public Opinion Research Institute of Kazakhstan conductedthe survey on House

126、hold access to energy in the Fergana Valley.The survey results were discussed at the workshop with participationof researchers,national policy makers and other stakeholders.Thediscussions focused on sharing best practices,policy development,and technical cooperation to optimize energy access for hou

127、seholds,micro-enterprises,and communities in the Fergana Valley,spanningparts of the Kyrgyz Republic,Tajikistan,and Uzbekistan.Theworkshop yielded significant takeaways,including a strong emphasison renewable energy as a key solution to improving energy accessand security in the region.Stakeholders

128、highlighted the importance ofregional cooperation in sharing best practices and technical expertiseto optimize energy access for households and communities.Theworkshop aimed to develop policy recommendations based onsurvey findings to enhance energy access for various stakeholders.Additionally,the c

129、ommitment of CAREC member countries totransition towards green energy and improve energy security throughsustainable practices was underscored.Overall,the workshopprovided a platform for stakeholders to collaborate,exchange ideas,and work towards enhancing energy access and sustainability in theFerg

130、ana Valley.Digital adoption is crucial for sustainable development in the CARECregion as it drives efficiency,innovation,and competitiveness invarious sectors.By embracing digital technologies,organizations canstreamline processes,automate tasks,and optimize resourceutilization,leading to increased

131、productivity and cost savings.Digitaladoption promotes access to information and services,especially inunderserved areas,fostering social equity and empoweringcommunities.Additionally,digital technologies enable environmentalsustainability through monitoring and optimizing resourceconsumption,reduci

132、ng waste,and supporting climate resilienceefforts.Data-driven decision-making facilitated by digital adoptionensures informed policies,efficient resource allocation,and betteroutcomes for sustainable development initiatives.Overall,digitaladoption is a key enabler of sustainable development,offering

133、opportunities for economic growth,social progress,andenvironmental stewardship.Digital Foreign Direct Investment(FDI)plays a pivotal role in digitaladoption by providing the necessary capital and technology for thedevelopment of digital infrastructure and services,therebyaccelerating the integration

134、 and utilization of digital technologiesacross various sectors.Digital FDI involves cross-border investmentsin digital infrastructure,e-commerce platforms,data centers,andother digital services,playing a crucial role in boosting economicdevelopment by enhancing connectivity,creating jobs,and fosteri

135、nginnovation in the digital economy.To provide an in-depth analysis ofthe factors influencing digital FDI flows in the CAREC region,theCAREC Institute published the report on CAREC Digital ForeignDirect Investment Ecosystem.Authored by Dr.Asif Razzaq,Dr.TofigBabayev,Dr.Mumtaz Ahmed,and Dr.Shokhrukh

136、Avazov,the reportintroduces a comprehensive conceptual framework to examine theenabling and inhibiting factors of digital FDI in the region.It evaluatesfive critical dimensions of digital FDI,including new digital activities,digital adoption,digital infrastructure,digital FDI restrictions,anddigital

137、 promotion tools.Key findings indicate that the CAREC regionscores lowest in digital infrastructure,followed by new digital Harnessing Digital Innovation for Sustainable Development:CARECs Collaborative Knowledge Sharing for a GreenerTomorrowactivities and digital adoption,while scoring highest in d

138、igitalpromotion tools.This Report serves as a valuable resource forpolicymakers,investors,and researchers interested in understandingand enhancing the digital FDI ecosystem in the CAREC region.To promote policy discussions on promoting digital FDI in the CARECregion,the CAREC Institute in collaborat

139、ion with the IslamicDevelopment Bank(IsDB)and the Asian Development Bank Institute(ADBI)organized the Digital CAREC Virtual Policy Dialogue on DigitalFDI Ecosystem.Experts emphasized the importance of creating anenabling environment for digital FDI by improving investment climate,enhancing ICT infra

140、structure,and fostering partnerships.Policyrecommendations included regulatory measures,infrastructuredevelopment,talent enhancement,and intergovernmentalcoordination to strengthen digital FDI ecosystems.The dialogueunderscored the significance of digital economy transformation forinclusive economic

141、 growth in the CAREC countries,emphasizing theneed for connectivity and digital infrastructure to fully leverage thebenefits of digital adoption.Furthermore,the participants acquired adeeper understanding of the importance of creating an enablingenvironment for digital FDI through regulatory reforms

142、,infrastructuredevelopment,and talent enhancement.The dialogue provided aplatform for networking,knowledge sharing,and collaboration amongexperts,policymakers,and stakeholders,enabling them to exchangeideas,experiences,and strategies for attracting and retaining digitalinvestments in the CAREC regio

143、n.To highlight the importance of digital strategies,infrastructure,andinvestment in the regions readiness for digital adoption,the CARECInstitute held its Seventh CAREC Think Tank Development Forum(CTTDF)focused on the theme Embracing Digital Technology forSustainable Economic Development in Central

144、 Asia.Speakersdiscussed the challenges and opportunities of digitalization,emphasizing the impact of climate change on the region and the needfor digital connectivity infrastructure.The forum also addressed therole of think tanks in navigating geoeconomic uncertainties andpromoting green growth and

145、sustainable development through policyrecommendations for digitalization and decarbonization ofinfrastructure in Central Asia.CTTDF participants emphasized the significance role of digitaltechnology in fostering sustainable economic development of theCAREC region that enables businesses to increase

146、productivity andefficiency while reducing environmental footprints.It facilitates thedevelopment of new products and services that addressenvironmental challenges,such as renewable energy,intelligenttransportation systems,and sustainable agriculture.The expertsdiscussed how the digital technology he

147、lps the creation ofinvestment-friendly business environments,promotes renewableenergy deployment through regulatory frameworks and incentives,fosters digital infrastructure development,and strengthens digitalskills and entrepreneurship.Digital technology plays a crucial role inclimate change mitigat

148、ion and adaptation strategies by enabling data-driven decision-making,developing early warning systems,utilizingGeographic Information Systems for risk assessment and planning,implementing connectivity solutions for disaster response,anddesigning resilient infrastructure.Understanding these aspects

149、helpsthe CAREC countries to leverage digital technology to drive economicgrowth and sustainability,and enhance their climate resilience,reducegreenhouse gas emissions,and effectively adapt to the impacts ofclimate change.CTTDF yielded significant outcomes,highlighting the pivotal role ofdigital tech

150、nology in driving economic growth and innovation acrossvarious sectors.Key results emphasized the need to addressinequality,bridge the digital divide,ensure effective digitalgovernance,and utilize digital finance for poverty reduction.Theforum also underscored the importance of collaborative partner

151、shipsamong think tanks for joint research,publications,and advocacyefforts to enhance knowledge sharing and capacity building.Additionally,the CAREC Institutes continued support for networkactivities,including research grants and the launch of the CARECThink Tank Network(CTTN)Blog,further solidified

152、 the commitment tofostering a culture of knowledge exchange and collaboration.Discussions at the forum emphasized the essential role of think tanksin providing policymakers with valuable insights andrecommendations to navigate economic and political uncertainties,ultimately contributing to sustainab

153、le development and regionalprosperity.CTTDF is essential for policymaking as it provides a platform forexperts,policymakers,and stakeholders to come together to discussand exchange ideas on pressing issues.The forum facilitates dialogue,knowledge sharing,and collaboration among diverse perspectives,

154、leading to well-informed policy decisions.By bringing together a widerange of stakeholders,including researchers,academics,governmentofficials,and industry experts,the forum enables a holisticunderstanding of complex challenges and potential solutions.Additionally,CTTDF helps bridge the gap between

155、research andpolicy implementation by translating academic insights into practicalrecommendations that can guide effective policy formulation andimplementation.Overall,CTTDF plays a crucial role in fosteringevidence-based decision-making,promoting innovation,andenhancing the quality of policies for s

156、ustainable development.As a side event of the Seventh CTTDF,the discussion was heldbetween CAREC governments and the private sector on promotingtrade and investment and implementing key strategies and initiativesto enhance regional cooperation and economic growth.The sessionhighlighted the importanc

157、e of establishing a robust governancestructure to ensure secure and transparent online transactions,protect consumers,and promote healthy competition in the digitalmarketplace.Drawing lessons from Chinas successful e-commercemodel led by Alibaba,the discussion emphasized the role ofgovernment polici

158、es and private sector engagement in driving e-commerce growth.Success stories from Mongolia and Pakistanshowcased the benefits of digital trade facilitation and optimizedgovernance in promoting regional integration.The session facilitatedparticipant engagement through presentations and discussions o

159、nleveraging digital technologies for trade facilitation,enhancing publicservices,and fostering cross-sector coordination to drive economicdevelopment in the CAREC region.The participants made thefollowing suggestions based on their discussion:1)to improve thebusiness environment in the region,includ

160、ing reducing red tape,improving infrastructure and facilitating transit through bordercrossings;2)to strengthen cooperation between governments andthe private sector to promote trade and investment;3)to solve issuesfaced by businesses in the region,such as high transport costs,inefficient border cro

161、ssings and long waiting times at customs.The CAREC Institute has published the report with proceedings ofthe Sixth CAREC Think Tanks Development Forum,titled“Recalibrating Growth Dynamics for Inclusive and SustainableEconomies,”held in a hybrid format(online and physical)in 2022.Thereport notes that

162、 the CAREC countries have encountered a myriad ofchallenges in 2022 and are most likely to continue facing them in2023.Economic growth is expected to lose steam,and factors suchas climate change,geopolitical instability,as well as the Russian-Ukrainian conflict will place further pressure on inflati

163、on,debt burdens,international trade,inclusive and sustainable growth,and progress onthe Sustainable Development Goals.Therefore,the policymakersshould continue targeting growth,inclusivity,and sustainability.Forgrowth to be sustainable,it needs to be inclusive,and this requiresmassive investment,whi

164、ch is a challenge given the already limitedfiscal space in many countries.Mobilizing taxes for development is theway forward.Countries should broaden their tax base,strengthen taxadministrations,increase progressivity,widen social safety nets,andlimit untargeted subsidies.Reducing gender gap require

165、s deliberateefforts to support the hiring of women and facilitate careerprogression,as catching up with developed economies has slowedand a new productivity push is needed.Focus on green energy canmitigate the risks posed by climate change.To diversify the energybasket,the region needs to adopt a co

166、mprehensive framework toidentify its energy requirements,measure availability of energyresources,acquire cutting-edge technology to minimizeenvironmental footprints,and find ways to ensure affordableprovision of clean energy.As with the increasing share ofindustrialized agricultural production,it is

167、 necessary to diversifyenergy consumption from too much reliance on fossil fuels to anoptimal combination of renewable and nonrenewable energyresources.The partnership is a vehicle for strengthening internationaland national cooperation to collectively address multidimensionalsocioeconomic agendas.N

168、o partnership globally can be sustainedwithout partnerships within countries because actors that are goingto participate in the process must be brought in,whether it is theprivate sector,nongovernmental organizations,or local communities.Based on the discussion results of the Sixth CAREC Think Tanks

169、Development Forum,Chief of Strategic Planning Division of theCAREC Institute,Mr.Khalid Umar,published a new blog post“Recalibrating Growth Dynamics for Inclusive and SustainableEconomies”in East Asia Blog Series of the ADB-PRC RegionalKnowledge Sharing Initiative.The blog article elaborated on clima

170、techange and green energy in the CAREC region,the impact ofgeopolitical uncertainties and COVID-19 pandemic on growth andinclusivity,and the importance of building alliances for sharedprosperity.To promote in-depth discussions on the opportunities and challengesin digital economy collaboration betwe

171、en China and Central Asia,theCAREC Institute,in partnership with Beijing Association for Scienceand Technology,Beijing Technology and Business University,andEconomic Cooperation Organization Science Foundation,held theSymposium China-Central Asia Cooperation on Digital EconomyInnovation and Governan

172、ce.The event brought together experts,policymakers,and stakeholders to explore strategies for fosteringinnovation,enhancing governance,and promoting sustainabledevelopment in the region.The symposium highlighted the potentialfor trade,connectivity,and innovation in the CAREC region,underscoring the

173、need for digital infrastructure development,promotion of e-commerce,and establishment of digital innovationhubs to propel the region towards a digitally empowered future.Thesymposium emphasized the importance of leveraging digitaltechnologies to drive economic growth,enhance connectivity,andstrength

174、en cooperation between China and Central Asia.Bydeveloping strong partnerships,sharing best practices,and engagingin constructive dialogue,countries can create a global ecosystem thatthrives on collaboration,trust,and mutual understanding.Additionally,the event showcased the significance of regional

175、 cooperation inaccelerating the catching up process of the CAREC region withdeveloped countries,embracing new technologies,and facilitating thegreen transition.China has made significant advancements in various sectors,including technology,infrastructure,and trade,which can serve asvaluable lessons

176、for Central Asian countries seeking to enhance theirown economic capabilities.By sharing Chinese knowledge and bestpractices,the CAREC Institute helps Central Asian countries leverageproven strategies,technologies,and policies to address commonchallenges,improve productivity,and foster economic dive

177、rsification.This knowledge exchange can also promote cross-bordercollaboration,strengthen regional integration,and createopportunities for joint initiatives that benefit all participating countries.Ultimately,sharing Chinese expertise with Central Asian nations cancontribute to the overall developme

178、nt and prosperity of the CARECregion.Digitalization plays a crucial role in trade facilitation by streamliningprocesses,reducing paperwork,and enhancing efficiency in cross-border transactions.Through digitalization,trade-related documentscan be digitized,exchanged electronically,and processed faste

179、r,leading to reduced time and costs associated with trade.Digitalplatforms,such as national single window systems,enablestakeholders to submit and access trade-related information online,simplifying procedures and improving transparency.Additionally,digitalization allows for better tracking of goods

180、,enhances riskmanagement,and facilitates customs clearance procedures.Todiscuss the role of digitalization in trade facilitation,promoting moreefficient cross-border trade,the CAREC Institute and the PakistanSingle Window hosted the Knowledge-Sharing Webinar on EnhancingRegional Trade Facilitation i

181、n the CAREC region through NationalSingle Window.The webinar provided participants with insights intohow national single window systems can enhance regional tradefacilitation by reducing transportation costs and time,minimizingtariffs and administrative barriers,promoting value addition,exportdivers

182、ification,and implementing efficient trade processes.Thewebinar showcased Pakistans successful implementation of thesingle window approach as a best practice example for other CARECcountries to learn from and adapt to their own contexts.The webinarserved as a platform for knowledge exchange,capacity

183、 building,andnetworking among stakeholders involved in trade facilitation efforts inthe CAREC region.All materials and recording of the webinar havebeen uploaded to the CAREC Institutes e-learning platform and areaccessible to a broad audience across the CAREC region and beyond.Digital payment syste

184、ms play a crucial role in enhancing regionaleconomic cooperation by facilitating cross-border transactions,enabling seamless and efficient financial interactions betweencountries within a region.This streamlined process reducestransaction costs,enhances financial inclusion,and promotes trade and inv

185、estment opportunities.Digital payments promotetransparency and accountability in financial transactions,reducing therisks associated with cash-based transactions and enhancing trustamong regional partners.Additionally,digital payment systemssupport economic growth by providing a secure and convenien

186、tplatform for businesses to engage in financial activities,therebystimulating economic development and fostering regional integration.Overall,digital payments are essential for promoting financialconnectivity,driving economic growth,and strengthening regionaleconomic cooperation by creating a more i

187、nterconnected andefficient financial ecosystem.To discuss key challenges faced by bank and non-bank paymentservice providers,the CAREC Institute organized the Seventh ChaiDialogue on discussing regulatory frictions in digital payments.Experts emphasized the importance of addressing issues such asdat

188、a privacy regulations,compliance with anti-money laundering andcounter-terrorism financing requirements,regulatory frameworksdiscrepancies,and limited access to payment systems andinfrastructure.Recommendations included enhancing cross-borderpayment interoperability as a policy objective,establishin

189、g nationalinteroperability policies,conducting regulatory impact assessments,and fostering regulatory cooperation through internationalorganizations and innovation hubs.The dialogue underscored theneed for modernizing regulatory frameworks,promoting public-private partnerships,and adopting internati

190、onally recognizedtechnical standards to achieve technical interoperability for aseamless cross-border payment system aligned with the demands ofthe modern digital economy and trade.Understanding financial risks is crucial for regional cooperation as itallows countries to identify potential threats t

191、o economic stability andgrowth that may arise from interconnected financial systems.Bycomprehensively assessing and managing financial risks,countriescan enhance their resilience to external shocks,promote sustainableeconomic development,and foster greater trust and collaborationwithin the region.Ef

192、fective risk management strategies can helpmitigate the impact of crises,strengthen financial institutions,andfacilitate smoother cross-border transactions,ultimately contributingto the overall success of regional cooperation initiatives.To discuss these aspects,the CAREC Institute and the BeijingNa

193、tional Accounting Institute held the Workshop on Early Warningand Regulations of International Financial Risks.Workshopparticipants discussed strategies to efficiently allocate resources,manage financial risks,and maintain employment levels amidstchallenges posed by the COVID-19 pandemic.Key topics

194、included theneed for policies addressing economic vulnerabilities,financial sectorstability,and legal frameworks for households and businesses.Theworkshop emphasized the significance of regional cooperation,regulatory harmonization,and the establishment of a robust financialsystem to mitigate risks

195、and promote sustainable economic growth inthe post-pandemic era.Boosting economic connectivity,trade,and value chain integration inthe CAREC region is crucial for fostering sustainable economicgrowth and development.By enhancing connectivity throughimproved infrastructure and trade facilitation meas

196、ures,countries inthe region can expand market access,attract investment,andpromote cross-border trade.Strengthening value chain integrationallows for the efficient production and distribution of goods andservices,leading to increased competitiveness and productivity.Thisintegration not only benefits

197、 businesses by reducing costs andenhancing efficiency but also promotes economic diversification andresilience.Overall,by prioritizing economic connectivity,trade,andvalue chain integration,the CAREC region can unlock newopportunities,drive innovation,and achieve shared prosperity for allmember coun

198、tries.Free Trade Agreements(FTAs)are important in promoting economiccooperation and integration by reducing barriers to trade andinvestment among participating countries.FTAs facilitate the flow ofgoods,services,and capital across borders,leading to increasedmarket access and opportunities for busin

199、esses to expand theiroperations.By eliminating or lowering tariffs and non-tariff barriers,FTAs create a more competitive environment,encouragespecialization based on comparative advantages,and enhanceefficiency in production.Furthermore,FTAs help to harmonizeregulations and standards,making it easi

200、er for businesses to navigatedifferent markets and comply with varying requirements.Thisalignment of rules and procedures fosters a more seamless andpredictable trading environment,reducing uncertainty andtransaction costs for businesses.Moreover,FTAs can stimulateeconomic growth by promoting innova

201、tion,technology transfer,andthe development of new industries.By encouraging competition andfostering a more dynamic business environment,FTAs can driveproductivity gains and enhance overall economic performance.Tostrengthen knowledge and capacities in trade policy and FTAs amongCAREC countries,the

202、CAREC Institute and the ADB organized theRegional Training of Trainers(ToT)Workshop on the Design and Boosting Economic Connectivity,Trade,and Value ChainIntegration in the CAREC Region through Enhanced RegionalKnowledge CollaborationImplementation of FTAs involving CAREC countries.The workshopaddre

203、ssed the low degree of economic integration within the CARECregion,focusing on improving market access,economicdiversification,and trade institutions.Participants,includinggovernment representatives and experts,received technical trainingto enhance their understanding of FTA design and implementatio

204、n.The workshop emphasized the importance of FTAs in reducing tariffand non-tariff barriers,stimulating economic diversification,andfostering entrepreneurship to unlock export potential in the region.Through knowledge dissemination and capacity building,theworkshop aimed to empower national experts t

205、o support theirgovernments in future FTA negotiations and promote regionaleconomic integration.The CAREC Institute published a new policy brief on the tradefacilitation in the CAREC region,authored by Dr.Ghulam Samad,Dr.Amjad Masood,and Dr.Junaid Ahmed,discusses why trade facilitationthrough reducin

206、g the time and cost required for border clearanceacross the CAREC corridors is essential for regional economicintegration.The policy brief notes that trade policy plays a crucial rolein the flow of goods and services across borders,impacts domesticindustries,thus affects overall economic growth and

207、development;and crafting a relevant trade policy for the CAREC region necessitatesconsideration of two key factors.First,the presence of landlockedcountries poses challenges to their connectivity with the rest of theworld.Second,CAREC member countries exhibit significant diversityin economic resourc

208、es,including population,land,natural resources,market size,and living standards.Notably,there is considerablevariation in the individual countrys contributions to the overallregional exports.China dominates,accounting for 94 percent ofCARECs total exports,while Kazakhstan,Pakistan,and Azerbaijan are

209、major contributors to the remaining 6 percent.Intra-CAREC trade ischaracterized by two main aspects:China dominates as the maintrading partner for most CAREC members,except for Afghanistan,the Kyrgyz Republic,and Georgia.Second,trade flows primarily occurbetween neighboring countries within the bloc

210、,such as Kazakhstan-Uzbekistan and Azerbaijan-Georgia.Based on the conditions of theCAREC economies,a policy aiming to improve trade in the regionmust consider the different aspects including trade facilitationmeasures to reduce transportation cost and time;regional tradeagreements to minimize tarif

211、f and non-tariff barriers;and valueaddition and export diversification.In 2023,the CAREC Institute prepared ten Corridor PerformanceMeasurement and Monitoring(CPMM)country briefs based the mostcurrent CPMM reports and the CAREC railway sector countryassessments.Utilizing data spanning five years,fro

212、m 2018 to 2022,the CAREC Institute presented an analysis that captures the shifts inCPMM trade facilitation indicators before the COVID-19 pandemic,during the pandemic,and now during the recovery from thepandemic.By pinpointing the root causes of delays and unnecessaryexpenses for cargo transport ac

213、ross the CAREC corridors variouslinks and nodes,including border crossings and intermediate stops,the country briefs offer pivotal recommendations aimed at enhancingcorridor performance for each member country.The country briefsare based on the CAREC CPMM mechanism which is an empirical tooldesigned

214、 by the CAREC Program to assess the efficiency of its sixpriority transport corridors.To share key lessons and insights from development trends within theCAREC region,the CAREC Institute held a CTTN Dialogue witheconomic analysis,policy recommendations and expert opinions.TheRussia-Ukraine conflict

215、has a significant impact on the countries in theCAREC region,which were starting to recover from the COVID-19pandemic.The effects of the conflict are being felt around the world,especially with the disruption of global supply chains,risingcommodity prices,massive inflation,and food and energy insecu

216、rity.Dr.Roman Mogilevskii,Senior Economist of the Central and West AsiaDepartment of the ADB,spoke about trade re-orientation andmigration developments in Central Asia.In 2022,many economies ofthe region recorded all-time high values of merchandise exports andimports driven by a dramatic increase in

217、 exports of energy,mostlycrude oil,due to a price increase.Another major source of tradegrowth was re-exports,export creation,and export destructionresulted from the voluntary departure of international companiesfrom the Russian market because of the sanctions.Continuedincrease in the number of job

218、seekers registrations was observedamong migrants from major migrant sending countries of the regionto Russia,except for Armenia.There was also a net outflow ofpermanent migrants from the countries of Central Asia except for Tajikistan.Money transfers by Russian“relocants”affected the data onlabor mi

219、grants remittances.Dr.Roman Mogilevskii concluded that,given the windfall re-export margins might be short-lived,thecountries should 1)improve linkages with major production and tradehubs as well as labor markets both in the east and the west via theMiddle Corridor and other transit routes;2)monitor

220、 the ongoingchanges in trade and migration.The CTTN Dialogue highlighted the importance of regionalcooperation and integration in the CAREC region.By sharingknowledge,insights,and best practices,stakeholders can worktogether to address economic challenges,promote trade facilitation,and enhance conne

221、ctivity.The discussions underscored thesignificance of collaborative efforts in unlocking the regionseconomic potential and fostering sustainable development.Throughcontinued dialogue and partnership,the CAREC region can strivetowards greater economic resilience and prosperity.Additionally,the CAREC

222、 Institute organized a CAREC Chai Event,centered on enhancing the Middle Transport Corridor to unlockopportunities in the heart of Eurasia.Key stakeholders discussed thepotential of the Middle Corridor in improving regional connectivity andaddressing challenges to its development.The Middle Corridor

223、,alsoknown as the Trans-Caspian International Transport Route,presentssignificant advantages for regional trade and connectivity.Offering ashorter route between China,Central Asia,the South Caucasus,andEurope,the Middle Corridor reduces transit times and transportationcosts for businesses.Its stabil

224、ity amidst geopolitical disruptionsprovides a reliable transportation option,fostering trade andeconomic cooperation.By enhancing connectivity,promoting tradediversification,and driving infrastructure development,the MiddleCorridor plays a pivotal role in stimulating economic growth andcreating new

225、opportunities for businesses along the route in theCAREC region.Micro,small,and medium enterprises(MSMEs)play a crucial role inregional value chains and regional economic integration.MSMEs areoften key contributors to the production processes within valuechains,providing goods and services that are

226、essential for thefunctioning of larger industries.By participating in regional valuechains,MSMEs can access new markets,technology,and skills,leading to increased productivity and competitiveness.Additionally,MSMEs contribute to regional economic integration by fosteringcollaboration and trade among

227、 neighboring countries.Theirinvolvement in value chains promotes economic diversification,jobcreation,and overall economic growth in the region.Therefore,supporting the development of MSMEs is vital for strengtheningregional value chains and promoting sustainable economic integrationacross borders.T

228、o discuss the potential of MSMEs in promotingregional economic integration,the CAREC Institute,in collaborationwith ADBI,organized a virtual policy dialogue.The event addressedthe barriers and opportunities faced by MSMEs in the region anddiscussed innovative solutions to support their development a

229、ndfinancial inclusion.Discussions highlighted the significant role MSMEsplay in the CAREC economies,with around 90 percent of registeredbusinesses falling into this category.Despite their high employmentcontribution,MSMEs face challenges in accessing finance andintegrating regionally and globally.Po

230、licymakers emphasized theimportance of supporting MSMEs through tailored strategies tostimulate economic growth and enhance financial inclusion in theregion.Key takeaways from the CAREC Institutes virtual policy dialogue onMSMEs development potential in the CAREC region include therecognition of MSM

231、Es as significant contributors to the regionseconomies,with a substantial share in GDP and employment.Thedialogue emphasized the importance of addressing barriers to financeand enhancing financial inclusion for MSMEs to support their growthand integration into regional and global markets.Policymaker

232、shighlighted the need for innovative solutions to overcome challengesfaced by MSMEs,such as limited access to finance and disruptions insupply chains,in order to stimulate economic growth,job creation,andpoverty reduction in the CAREC region.Regional cooperation on FDI enhances the attractiveness of

233、 thecollective market to investors,offering a larger,more integratedeconomic space.It also facilitates the sharing of best practices andresources among member countries,leading to more efficient andimpactful investment outcomes.The CAREC Institutes neweconomic brief,authored by Shiliang Lu,paints a

234、picture of the PRCs Outward Foreign Direct Investment(OFDI)flows to the CARECregion as part of the PRCs OFDI to the Belt and Road Initiative(BRI)region.It finds that the CAREC region received rather limited OFDIfrom the PRC as contractual cooperation was the most popular entrymode for Chinese enterp

235、rises to do businesses in the region.Energy,particularly hydrocarbons,still dominated the PRCs overseasengagement to the region.Pakistan was the largest recipient of thePRCs engagement in the CAREC member economies both in non-renewables and renewables.The economic brief concludes that tofulfill the

236、ir nationally determined contributions targets for thereduction of greenhouse gases,the CAREC member economies mustaccelerate the replacement of non-renewable energy by renewablesand that such a transition can be materialized only by tightenedcooperation and coordination between the CAREC memberecon

237、omies.In this regard,the PRCs strong resolve to build a greenBRI underpinned by its supportive policies,cooperation initiatives andadvancement in green finance could serve as a catalyst to promotethe green agenda of the CAREC region to benefit all.Furthermore,the Development Asia,the ADBs knowledgec

238、ollaboration platform,published the summary“Analyzing Technologyand Productivity Spillovers from Chinese FDIs to CAREC Countries”from CAREC Institutes recent study.The summary notes that PRCsoverseas direct investments and trade with other countries haveshown exponential growth in the last 2 decades

239、,particularly after itsaccession to the World Trade Organization in 2001 and the executionof the Belt and Road Initiative in 2013.The PRC ranked second in FDIstocks,accounting for 81%of the world total.The CAREC countrieshave tapped Chinese investments to help improve productivity,technical capacity

240、,trade,and infrastructure.The CAREC Institutesstudy analyzed data from 46 developing Belt and Road Initiativecountries,which include CAREC members,from 2004 to 2019 toestimate FDI-induced technology spillovers across these countries.Findings suggest that countries or enterprises that are more capabl

241、eof learning leading-edge technologies are more likely to benefit fromFDIs when the observed technology gap is wider.Most of the CARECcountries covered by the study fall within optimal threshold levels andexperience positive technology spillovers from Chinese FDI flows.Regional cooperation in aviati

242、on is crucial for economic developmentin the CAREC region as it facilitates enhanced connectivity,trade,and tourism opportunities.By working together on aviation initiatives,CAREC countries can improve air transport infrastructure,streamlineregulations,and harmonize policies,leading to increased eff

243、iciencyand cost-effectiveness in the aviation sector.This cooperation canattract more airlines,increase flight frequencies,and expand routenetworks,ultimately boosting economic growth,job creation,andinvestment in the region.Additionally,regional collaboration in aviationcan promote sustainable deve

244、lopment,innovation,and resilience inthe face of challenges,contributing to the overall prosperity andcompetitiveness of the CAREC countries.The CAREC Institute implements air transport research project,funded by the International Cooperation and Service Center of CivilAviation Administration of Chin

245、a.The research contributes topromoting inclusive and sustainable air transportation development,enhancing regional connectivity,and fostering collaboration in theCAREC region.CAREC Institutes policy brief“Development of theCivil Aviation Industry in Six CAREC Countries:Georgia,Kazakhstan,the Kyrgyz

246、Republic,Mongolia,Turkmenistan,Uzbekistan”discussesthe development of the civil aviation industry in selected six CARECmember countries which generally attach great importance topromoting the modernization of the civil aviation industry and havemade remarkable progress in constructing civil airport

247、infrastructure,enhancing the competitiveness of airlines,building domestic andinternational aviation networks.Furthermore,the CAREC Institutepresented the results of its new research project focused on therestoration and development of air transport between China and fiveselected CAREC member countr

248、ies.Led by Dr.Bob Zhao,ResearchSpecialist of the CAREC Institute,the study analyzed the needs andtrends of the air transportation industries in China and Central Asiancountries post-COVID-19 pandemic.While the modernization of thecivil aviation industry in Central Asian countries has long faced many

249、challenges due to historical and practical factors,mainly a laggingmarket mechanism;low level of modernization of civil aviationinfrastructure;weak competitiveness of civil aviation enterprises;lowefficiency of civil aviation management;the growing imbalance in thedevelopment of CAREC regional civil

250、 aviation;lack of high-levelcontrol and technical personnel;and considerable pressure on the civilaviation industry caused by the COVID-19 pandemic.Over the pastfive years,civil aviation authorities in all six countries haveimplemented a series of new strategies and policies in civil aviation tomeet

251、 the new development demand on sustainability,digitalization,and inclusiveness.To build a more robust civil aviation system tosupport the need for economic diversification in each country,thepromotion of a high level of openness and the establishment of a bankfinancing and market financing system fo

252、r the civil aviation sector willbe crucial.The research assists in enhancing bilateral and multilateralair transport cooperation through the following policyrecommendations:(i)enhancing the green technology application;(ii)strengthening the process of regional cooperation;(iii)expandingthe economic

253、supporting pillar role of the civil aviation industry;and(iv)encouraging hub airports to develop multimodal logistics systems.Regional cooperation in Road Asset Management(RAM)in the CARECregion is essential for ensuring the efficient and sustainablemanagement of road infrastructure across borders.T

254、he CARECTransport Strategy 2030 identifies the RAM as one of the strategicdirections reflecting the commitment of CAREC member countries toimplement investment and transport initiatives along CARECcorridors with a focus on multimodal connectivity,road assetmanagement,and road safety.By collaborating

255、 on RAM initiatives,CAREC countries can harmonize standards,share best practices,andcoordinate maintenance efforts,leading to improved road safety,reduced travel times,and enhanced connectivity within the region.This cooperation can help optimize the use of resources,minimizeduplication of efforts,a

256、nd address common challenges such asclimate change impacts and natural disasters.By working together onRAM,CAREC countries can promote economic development,tradefacilitation,and regional integration,ultimately benefiting from a well-maintained and resilient road network that supports sustainablegrow

257、th and prosperity in the region.Starting from 2022,the CAREC Institute,in collaboration with ADB,delivers country-specific workshops to address the diverse capacityneeds of member countries.Workshops were held in a hybridformata combination of in-person and virtual presentersinAzerbaijan and Georgia

258、 in 2022 and in the Kyrgyz Republic andTajikistan in 2023.Workshops will be held consecutively in theremaining CAREC countries.The main objective of workshops is toprovide the target participants with specific guidance on RAM maturity assessment,methods of data collection and utilize theirsupport fo

259、r country-specific RAM assessments.The workshops arefully interactive and in the form of ToT.During the four days of theworkshop,participants review the countrys RAM implementationprocess and learn how to collect,manage and maintain asset data.Additional sessions on greenhouse gas emissions and miti

260、gationmeasures help the national experts develop their own country-specific plans to reduce greenhouse gas emissions.The workshopsalso help build a core group of competent asset managers in eachmember country who will work collaboratively with similar teamsfrom other CAREC countries to support each

261、other in moving forwardthe CAREC sustainable transport agenda.Through continued supportand capacity-building efforts,the CAREC Institute is empoweringthese countries to effectively manage their road assets andcontribute to the broader goals of the CAREC region.For moreinformation about RAM workshops

262、,visit our website and e-Learningplatform.The utilization of e-Learning platforms in policymaking processes iscrucial in todays digital age,offering policymakers the flexibility toaccess relevant information,training,and resources remotely.Byengaging in e-Learning,policymakers can stay updated on th

263、e latesttrends,best practices,and research findings in their respective fields,enabling them to make informed decisions and implement effectivepolicies.E-Learning provides a cost-effective and efficient way tobuild capacity,enhance skills,and foster continuous learning amongpolicymakers,ultimately l

264、eading to more evidence-based andimpactful policy outcomes.Chapter 10 of ADBIs recent book“AWorld in Crisis,a World in Progress:Growing Better Together”examines the CAREC Institutes innovative knowledge-sharingservices during the COVID-19 pandemic.The chapter was written byDr.Eisa Khan Ayoob Ayoobi,

265、Chief of the Capacity Building Division,and Mr.Gary Huang,E-Learning Specialist of the CAREC Institute.TheCAREC Institutes E-Learning Platform serves as a valuable resourcefor senior government officials in the CAREC region,offering thematicand programmatic knowledge support tailored to their specif

266、ic needsand schedules.Developed with financial support from the ADB,thisplatform features a user-friendly interface,cloud storage for variouslearning materials,and interactive modules designed to enhancelearning experiences.Blogging plays a vital role in regional knowledge sharing by providing aplat

267、form for experts,researchers,and policymakers to disseminateinsights,analyses,and recommendations on key regional issues.Thenew CTTN Blog platform,launched by the CAREC Institute,represents a significant advancement in regional knowledge sharingand collaboration.Through blogs,CAREC think tanks can s

268、hare theirexpertise,experiences,and perspectives,fostering dialogue,collaboration,and innovation within the regional think tankcommunity,ultimately contributing to a more informed andinterconnected regional think tank network.By fostering a culture ofknowledge exchange,the blog platform serves as a

269、valuable resourcefor promoting regional cooperation,addressing common challenges,and advancing sustainable development goals across CARECcountries.CAREC Chai VI:Enhancing the Middle Transport Corridor:Unlocking Opportunities in the Heart of EurasiaStatus on Ratification of the Intergovernmental Agre

270、ement onEstablishing the CAREC Institute.The CAREC Institute sIntergovernmental Agreement on Establishing the CAREC Institutecame into effect on 24 August 2017 with the signing and ratificationof three member countries during the CAREC 10th MinisterialConference in Islamabad,Islamic Republic of Paki

271、stan.On 5 June2023,the President of the Republic of Kazakhstan signed the law“Onratification of the Agreement on the Establishment of the Institute ofCentral Asian Regional Economic Cooperation.”The law was reviewedand adopted by the Mazhilis and the Senate of the Parliament of theRepublic of Kazakh

272、stan on 26 April and 18 May 2023,respectively.With the ratification of the Republic of Kazakhstan,theIntergovernmental Agreement became a fully ratified by all CARECmember countries.By formalizing its membership,the Republic ofKazakhstan strengthens its role in shaping the Institutes activitiesand c

273、ontributing to the collective efforts aimed at enhancingeconomic growth,sustainable development,and policy innovationacross CAREC countries.CAREC Institutes New Deputy Director Two Dr.Kuat Akizhanovjoined the CAREC Institute in December 2023.Prior to joining theCAREC Institute,he worked as the Head

274、of the Economic ResearchDepartment at the Kazakhstan Institute of Strategic Studies underthe President of Kazakhstan in 2022-2023 and the Director of theState Borrowing Department at the Ministry of Finance of theRepublic of Kazakhstan in 2010-2015.His public service also includesvarious positions i

275、n the ministries of justice,labor and socialprotection and at the President of Kazakhstan Administration.Mr.Kuat Akizhanov holds PhD in Social and Policy Sciences from theUniversity of Bath(UK),an MA in Public Policy and Management fromthe Institute for Development Policy and Management of theManche

276、ster University(UK)and an LL.M in international law andarbitration from the University of Virginia School of Law(USA).Dr.Akizhanov served as an associate professor at the Higher Schoolof Economics of KazGUU in Astana(Kazakhstan),as well as a visitinglecturer at the OSCE Academy in Bishkek(Kyrgyz Rep

277、ublic)and theInstitute for East European Studies of the Freie Universitt Berlin(Germany).As a lecturer,he also taught at the University ofBirmingham,International Development Department(UK).He hasreceived the Study UK Alumni Award for Social Action in Kazakhstanand has been named a CERGE-EI Foundati

278、on Teaching Fellow.Enhancing Institutional Capacity On 2 June 2023,the CAREC Institute held the Third Meeting of itsFinancial Sustainability Working Group to discuss voluntarycontributions from member countries,alternative funding sources,resource mobilization action plan,and the Institutes financia

279、lresource management.The Institute received steady support inannual donations from the PRC and technical assistance from ADB,aone-time donation from Pakistan in 2021,and project support fromother international development financial institutions.The CARECInstitute recognizes the importance of member

280、countrycontributions as a reflection of member country ownership of theInstitute and its activities.This will also help improve institutionalcapacity to produce new and wider range of knowledge services.TheInstitute will be better able to meet the specific needs of an individualmember country.This m

281、utual relationship will further strengthen theties between the member country and the CAREC Institute andexpand cooperation networks with international and domesticresearch institutions,think tanks,and the private sector,which in turnwill also benefit member countries.Members of the FinancialSustain

282、ability Working Group also discussed how to strengthen theInstitutes resource mobilization work,outlined a process forproviding financial and in-kind contributions from their countries,andprovided recommendations for the CAREC Institutes engagementwith third-party donors and development partners.The

283、 meetingparticipants also discussed the possibilities of co-sponsoringactivities and events at the country level and creating country-levelresearch funds aimed at joint research with the CAREC Institute.The Financial Sustainability Working Group of the CAREC Institutewas established in 2020 on the a

284、dvice of the Governing Council ofthe CAREC Institute.The group draws its membership from allmember countries and is mandated to deliberate upon variousoptions for diversifying CAREC Institutes financial resource base.On 19 October 2023,the CAREC Institute held the Fifth Meeting of itsAdvisory Counci

285、l to discuss current and future directions of researchprojects,the draft Rolling Operational Plan for 2024-2025 and themid-term review of the implementation of the Institutes Strategy for2021-2025.The members of the Advisory Council discussed theproposed issues,provided their feedback and shared the

286、ir own ideasand proposals for further improving the work of the CAREC Institute.Suggestions included new areas of research and capacity-buildingactivities related to climate change and digitalization issues,improving the Institutes monitoring and evaluation activities,reviewing partnerships policy,d

287、eveloping e-linkages with universitiesand other knowledge initiatives,expanding collaboration with ADB,regional stakeholders and national think tanks,universities,and others.The Advisory Council also proposed to increase the frequency of themeetings to deepen engagement with the CAREC Institute andp

288、rovide more informed advice on core strategic and operationalmatters.The Advisory Council serves as a vital platform for theexchange of innovative ideas and approaches to the Institutesstrategic plans on knowledge formation and sharing.The Fourteenth Meeting of the CAREC Institutes Governing Council

289、was held on December 1,2023,in Tbilisi,Georgia,to review theInstitutes 2023 Progress Report,2024-2025 Rolling OperationalPlan,and 2024 Budget,Recruitment Plan,and Staff ExchangeProgram.Mr.Abzal Abdikarimov,Vice-Minister of National Economy ofthe Republic of Kazakhstan and the CAREC National Focal Po

290、int,chaired the meeting.Members of the Governing Council shared theirviews on the 2024-2025 Rolling Operational Plan and budget.ThePRC representative stated that it is important to conduct in-countryconsultations so that CAREC member countries can contribute toidentifying research topics needed to i

291、nform policies at the nationaland regional levels.He assured Chinas continued support for theCAREC Institute.The ADB representative supported the Institutesproposal on a more focused,three-pronged approach to research,and suggested focusing on improving the Institutes knowledgeproducts and instituti

292、onal effectiveness.Members of the GoverningCouncil commended the progress of the CAREC Institute in 2023and endorsed its planned activities for 2024 to provide necessaryanalytical and capacity-building products and services for promotingregional connectivity,trade and economic cooperation.Theyspecif

293、ically asked the CAREC Institute to help member countries,through knowledge products,better understand climate and disasterrisks,and support risk-sensitive policies and investments,in line withthe CAREC Climate Change Vision document approved by CARECministers the day before(i.e.on November 30).The

294、Governing Council is an apex decision-making body of theInstitute that reviews the Institutes progress and approves workplan,budget and institutional rules and policies.It draws itsmembership from all eleven countries of the CAREC Program,andcurrently CAREC Programs National Focal Points serve as me

295、mbersof Governing Council.The chairmanship of the Governing Council isheld by the country chairing the CAREC Program,following thesystem of alphabetical rotation among CAREC member countries.Currently,under the CAREC Institute Governing Council,there areAdvisory Council and two committees Selection

296、and RecruitmentCommittee,and Budget and Audit Committee.The CAREC Institute has been actively expanding its collaborationwith international and national institutions through the establishmentof new partnerships.These strategic alliances aim to enhanceresearch partnerships,capacity-building initiativ

297、es,and knowledge-sharing activities within the CAREC region.By forging newpartnerships with academic institutions,think tanks,and other keystakeholders,the CAREC Institute is able to leverage diverseexpertise,resources,and networks to address complex regionalchallenges and promote sustainable develo

298、pment.Thesecollaborations facilitate the exchange of best practices,innovativeideas,and cutting-edge research,fostering a culture of cooperationand mutual learning among stakeholders in the CAREC community.The CAREC Institute has established partnerships through signedmemorandums of understanding wi

299、th 23 institutions,most recentlysigning new cooperation agreements with the Beijing Technology andBusiness University,Beijing National Accounting Institute,the Centerfor Analysis of Economic Reforms,Communication of Azerbaijan,theChina Export and Import Bank and Eurasian Development Bank.In addition

300、,the CAREC Institute closely cooperates with reputableglobal and regional institutions on joint projects.In 2023,the CARECInstitute has conducted several joint workshops and seminars with adozen international and regional institutions and forums.The CTTN remains a strong platform to engage and activ

301、atenetworking and partnership among academia,research institutions,and think tanks in the region through its CAREC Think TanksDevelopment Forum,Research Grants Program,and knowledgeactivities.The CTTN is expanding to nearly 50 regional knowledgeinstitutions,universities,and think tanks.In July 2023,

302、CTTN membersparticipated in global consultations on the Human DevelopmentReport 2023.Engagement with stakeholders.In May 2023,the CAREC Institutehosted high-level delegations of the Government of the XinjiangUyghur Autonomous Region,Ministry of Finance of the PRC,the National Development and Reform

303、Commission of the PRC,the Development and Reform Commission of the Xinjiang UyghurAutonomous Region of the PRC,the Shanghai CooperationOrganization,the Center for International Knowledge onDevelopment of the PRC,the China Development Bank and the ADB atCAREC Institutes office.Contributions to region

304、al knowledge sharing events.The staff of theCAREC Institute participated in 34 advocacy events-internationalconferences,forums and seminars organized by Institutes partnerorganizations,to present research results for new policy actions.Human Resource management.Recruiting and retaining qualified sta

305、ffis essential for an organization to progress and achieve the set goals,objectives,and operational plan.Staff are a core asset of the CARECInstitute.The CAREC Institute completed the recruitment of Deputy DirectorTwo,Senior Research Specialist and two new secondees fromTurkmenistan and PRC.The PRC

306、secondees are now funded by thePRC Ministry of Finance as an additional contribution to the CARECInstitute.The CAREC Institute has 31 staff members includingmanagement.In 2023,CAREC Institute staff have returned to the headquarters asthe travel restrictions have been lifted.The Institute continues t

307、owork on its staff capacity building program,ensuring that the currentstaff are given the opportunity to fulfil their potential and address theInstitutes skill gaps.Financial management.The CAREC Institute continued to carry outits financial management with the principles of economy,efficiency,and t

308、ransparency to ensure its limited financial resources are utilizedto achieve the desired objective and results.Ernest&Young China was selected as the new external auditor of theInstitute for the 2022 audit.Ernest&Young China concluded that thefinancial statements of the CAREC Institute have been dra

309、wn up inaccordance with IFRS,giving a true and fair view of the CARECInstitute financial state in 2022.Policies and procedures.The CAREC Institute is in the process ofdeveloping a comprehensive Administrative Manual to serve as aguide to assist staff in their day-to-day performance of administrative

310、and management functions.New office of the CAREC Institute.With support from theadministration of the Xinjiang Uyghur Autonomous Region,UrumqiCity,particularly the Xinjiang Finance Department,the CARECInstitute secured the rent-free relocation of its office to a newcommercial location in the Shuimog

311、ou District of Urumqi.The newoffice is 3,300 sqm area on the 20th and 21st floors of the Vankeoffice building in the new business district.The new office premises isprovided as per the Host City Memorandum signed withadministrations of the Xinjiang Uyghur Autonomous Region andUrumqi City in November

312、 2020.The open and coworking spaces are specifically designed toencourage idea exchange,teamwork,and a sense of communityamong CAREC Institutes diverse team of researchers,professionals,and collaborators.This modern approach to workspace aligns withthe Institutes mission of enhancing the quality and

313、 effectiveness ofthe CAREC Program by providing evidence-based research andcapacity building services,dissemination of knowledge products,andnetworking with research institutions.of creating an environment thatstimulates innovation and breaks down traditional barriers.Financial HighlightsIn 2023,the

314、 CAREC Institute continued to ensure transparency andaccountability in financial management,while striking a balancebetween financial sustainability and budget requests.The PeoplesRepublic of China(PRC)contributed around US$3.96 million to theCAREC Institute,and the CAREC Institute actively leverage

315、dresources from partners to support operational activities,resulting intotal expenditures of approximately US$3.437 million.The savingsfrom member countries contributions are mainly due to higher-than-expected partners contributions,hybrid mode operations,andimproved budget monitoring and execution,

316、which has furtherstrengthened CAREC Institutes financial resilience for the comingyears.Table 1:CAREC Institute 2023 Expenditure(US$,000)Expense categoriesAmount(unaudited)Operational Activities and Program272Staff Salary and Benefits2 349 Management471 Operational Divisions1 394 Non-operational Div

317、isions484Office Rental*695Administrative Expenditures78Capital Expenditure43TOTAL3 437*Office rental was donated by the Xinjiang Government as a part of the PRCs contribution.PartnersAmount(unaudited)Asian Development Bank174.75Regional Knowledge Sharing Initiative of the ADB55Asian Development Bank

318、 Institute14Islamic Development Bank53Civil Aviation Administration of China 41.9United Nations Childrens Fund57.15Beijing National Accounting Institute 12Xinjiang Government and Other Local Partners44.5TOTAL452.3Table 2:Partners contributions in 2023(US$,000)The CAREC priority clusters will continu

319、e to drive the selection oftopics for CAREC Institutes knowledge products and services.Withinthis framework,the focus will shift to the most urgent challenges ofthe current period,such as climate change and digitalization and theresulting socioeconomic changes in the CAREC region.At the sametime,CAR

320、EC Institutes research,webinar,forums,and capacity-building activities will continue to address the emerging issues inregional cooperation and integration.The CAREC Institute plans four Quarterly Economic Monitors,threepolicy briefs,five research studies,and twelve capacity-buildingactivities in 202

321、4.The CAREC Institute will organize the flagshipCAREC Think Tank Development Forum and continue organizing theAnnual Research Conference and producing the Annual ResearchBook.The CAREC Institute Visiting Fellow Program will also becontinued.The CAREC Institute will further improve its externalcommun

322、ications and outreach by issuing annual reports,monthlynewsletters,webinars and workshops,and CAREC Chai events.TheCAREC Institute will continue supporting knowledge generation,acquisition,dissemination,evidence-based policymaking,deepeningpartnerships,and developing regional linkages.The intended t

323、opics of the research projects are as follows:Green finance with a focus on energy:taxonomy,facilities,riskassessment Agricultural Biomass for Green Hydrogen Production Carbon tariffs:CAREC countries preparedness Corridor development under new geoeconomic and technologicalconditionsTrade facilitatio

324、n and FTAs in the CAREC region Informal labor in CAREC countries Job diagnostic for the CAREC region Blended Learning through Flipped Classrooms in the CARECRegion The CAREC Institute will continue to strengthen its engagement andinteraction with its member countries in order to promote theInstitute

325、s work,gather member countries needs,and initiate directdiscussions on member contributions.2024 OutlookIn 2024,the CAREC Institute will start the selection process of itsnew Director who will come from Turkmenistan,as the position of theDirector is rotated in alphabetic order among CAREC membercoun

326、tries.In 2024,the CAREC Institute will continue to address potentialfinancial sustainability and capacity challenges.The ongoing Mid-Term Review of CAREC Institutes Strategy,restructuring proposaland work on financial sustainability aim to find sustainable solutions tothese challenges by moving into

327、 an agile,lean,and efficient structure,eliminating redundancies and duplications,focusing on recruitment ofcompetent research staff,and ensuring a sustainable mechanism forits funding resources.CONTACT US:21st Floor,Commercial Building Block 8,Vanke Metropolitan,No.66 Longteng Road,Shuimogou District,Urumqi,Xinjiang,the PRC,830028 f:+86-991-8891151 km carecinstitute.o rg www.carecinstitute.o rg LinkedInWeiboWeChat