ADB CAREC Climate and Sustainability Project Preparatory Fund-Korea Development Institute Knowledge Exchange and Development Center Korea Outreach and Business Engagement
9 July 2026
The Central Asia Regional Economic Cooperation (CAREC) Climate and Sustainability Project Preparatory Fund (CSPPF) is the first multilateral trust fund established in 2024 under the CAREC framework, with the Republic of Korea and the People’s Republic of China as the founding Financing Partners. The Fund is dedicated to supporting climate and sustainability-oriented project preparation in CAREC developing member countries. As an upstream facility, CSPPF plays an increasingly important role in preparing bankable regional projects and advancing climate-resilient and sustainable investments across the CAREC region. In 2025, CSPPF worked closely with the Financing Partners and relevant Asian Development Bank (ADB) departments to establish its operational framework and successfully implemented its first and second batches of project proposals. As CSPPF enters its second year of operation in 2026, strengthening cooperation with Financing Partners and enhancing the Fund’s visibility have become strategic priorities.
 
In this context, ADB, in collaboration with the Korea Development Institute (KDI), organized a Korea outreach seminar to showcase the progress of CAREC and CSPPF, engage key stakeholders, and support continued partnership and resource mobilization efforts. The outreach seminar further strengthened networking and cooperation among ADB, CAREC stakeholders, and Korean partners.
Program and Learning Materials
Session / Activity Title Speaker(s)
Video Plenary Video
This video features ADB and CSPPF updates on regional cooperation and development priorities.
Presentations Overview of Central Asia Regional Economic Cooperation
This gives an overview of the CAREC Program, its investments, and regional development opportunities.
Asad Aleem
Presentations Overview of the CAREC Climate and Sustainability Preparatory Fund
This gives an overview of the CAREC Climate and Sustainability Project Preparatory Fund (CSPPF) and its support for regional climate projects.
Minkyu Kim
Presentations CAREC Investment Opportunities
This gives an overview of CAREC agriculture, food security, and agribusiness opportunities.
Begzod Djalilov
Presentations CAREC Transport Investment: ADB Operations and Pipeline
This gives an overview of CAREC transport initiatives, investments, and regional connectivity priorities.
Chen Chen
Presentations CAREC Energy Transition: ADB Operations and Business Opportunities
This gives an overview of CAREC energy sector trends, investment opportunities, and the region’s energy transition initiatives.
Seungduck Kim
Presentations ADB Pipeline Projects in Agriculture, Food, Nature, and Rural Development
This gives an overview of CAREC agriculture, food security, and agribusiness opportunities
Begzod Djalilov
Presentations Overview of the ADB Procurement Process
This gives an overview of ADB procurement updates, requirements, and business opportunities for suppliers.
Joong-Jae Shim
Presentations Introduction to ADB K-Hub
An introduction to ADB K-Hub, connecting climate technologies, knowledge, and partnerships across Asia and the Pacific.
Clyde Hutchinson
Presentations Introduction to the Roles of KDI and GKEDC3
An introduction to KDI and GKEDC’s roles in knowledge exchange, capacity building, and international development partnerships.
Jongin Sun
Video Thematic Session Video
This video highlights CSPPF initiatives, sector developments, and opportunities for regional collaboration and investment.
Presentations Railway Cooperation Between Central Asian Countries and Republic of Korea and the Way Forward
Railway modernization and electrification opportunities in CAREC, featuring Korea’s experience and regional cooperation.
Yesun Choung
Presentations Road Infrastructure Project Implementation Cases
An overview of road infrastructure development and connectivity opportunities across CAREC transport corridors.
Jae-Young Jang
Presentations Power Plant Track Record and Future Project in Kazakhstan
An overview of power generation opportunities, highlighting gas, nuclear, and clean energy developments in CAREC and Kazakhstan.
Jinweon Bae
Presentations Digitalization in Power Grid
An overview of smart grid and digital energy solutions, highlighting AI-enabled metering and grid management technologies.
Young-Sung Park
Presentations FIRMMIT Grows Everywhere in the World
An overview of smart agriculture solutions, highlighting AI-enabled greenhouse farming and sustainable strawberry production in Central Asia.
Sunkee Park
Presentations Unlocking Sustainable Development in Central Asia with Innovative Water Management
An overview of innovative water management solutions and sustainable water resource development in Central Asia.
Jun Han Yun

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Event Coordinator/s

  • Marie Charmaine Yuson
  • Clarissa Santos
  • Jhoanna Quimson

ADB Organizer/s

  • Procurement, Portfolio, and Financial Management Department

Topics

  • ADB Administration and Governance
  • Finance