UN support to Turkmenistan’s National Commitments to Sustainable Development Goals Transformation Highlighted at TIF 2024

The event gathered a wide array of participants, including international experts, representatives from leading national and international companies in oil and gas, energy, construction, transport, and communications, as well as international organizations, financial institutions, and research centers. The forum also featured an exhibition on the integration of high technologies and innovations to enhance Turkmenistan’s economy.

During the plenary session, discussions centered on Turkmenistan’s economic development and its vast investment potential. The UN Resident Coordinator Mr. Dmitry Shlapachenko emphasized that investing in human capital is a key driver of social and economic progress. Strategic, evidence-based investments in human development can yield significant returns, and Turkmenistan’s commitment to financing key programs, including those supported by the United Nations, is an important step forward.

Ms. Gwi Yeop Son, Regional Director for Europe and Central Asia of the UN Development Coordination Office, in her video statement stressed that according to the joint analysis an SDG financing gap amounts to 2.8 % of GDP annually during 2026-2030 (around 13 billion USD over the period) to achieve National Commitments to Sustainable Development Goals Transformation.

The forum also highlighted Turkmenistan's leadership in addressing climate change. The establishment of the Regional Center for Climate Change Technologies in Central Asia (RCCT-CA), with the support of the UN in Turkmenistan, demonstrates the country’s commitment to promoting energy transition and green technologies. This initiative will play a crucial role in advancing the region’s environmental sustainability and addressing global climate challenges.

Additionally, the UN Resident Coordinator moderated discussions on the development of the green economy, emphasizing the importance of sustainable economic practices for regional and global progress. A transition to a green economy offers numerous benefits, including environmental preservation, public health improvements, and job creation. Participants reaffirmed their support for Turkmenistan’s initiatives in promoting energy efficiency, renewable energy, and technological innovation, all of which are integral to fostering a more sustainable future.

Mr. Shlapachenko also engaged in discussions on renewable energy sources, underscoring the importance of solar, wind, and other clean energy technologies in reducing Turkmenistan’s carbon footprint and ensuring long-term energy sustainability. The forum served as a valuable platform for exploring investment opportunities and international cooperation in these areas, reinforcing Turkmenistan's position as a leader in green energy development.

The Turkmen Investment Forum 2024 provided a vital platform for dialogue on sustainable economic development, investment opportunities, and the advancement of international partnerships in areas such as energy, climate change, and sustainable development. The UN in Turkmenistan remains fully committed to supporting the country’s development goals and strengthening cooperation to build a more sustainable and prosperous future.