Abstract
This paper examines the role of concessional financing, technical assistance, and private capital mobilization by international financial institutions in expanding small-scale hydropower in Uzbekistan. Drawing on the World Bank’s 2025–2030 project and the targets of the 2026 national programme, it assesses financing opportunities and institutional constraints. The paper proposes an integrated project preparation–financing–monitoring mechanism that brings together international resources, domestic banks, and private investors. The proposed framework is designed to facilitate coordinated management of water resources, power purchase arrangements, and project-related risks.
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