IMF’s recent engagements on infrastructure governance

Public Investment Management Assessment (PIMA) December 2023
Climate PIMA (C-PIMA) December 2023

 


 

Summary of PIMA report

(Published in November 2024)

 

Tajikistan has emphasized infrastructure development as central in its sustainable growth and climate goals. Investments in public infrastructure in Tajikistan have surged since the mid-2000s, with public investment per capita notably higher than in regional counterparts and emerging markets. The Rogun Hydropower Plant, a key investment initiative, stands at the forefront of this investment surge. Started in the early 1970s and expected to be completed by 2035, this plant, upon completion, will be the largest hydropower station in Central Asia, significantly boosting the country’s energy capacity.

 

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Summary of C-PIMA report

(Published in November 2024)

 

Tajikistan is increasingly experiencing the impacts of climate change. As a lower middleincome country with a landlocked, mountainous, but diverse topography and climate, it is especially vulnerable to climate change. Climate change models for all global warming scenarios predict that Tajikistan’s weather patterns will become more volatile and extreme. Annual average temperatures have risen steadily over the past decades in Tajikistan and are projected to increase by 1.6 to 2.3°C in 2050 and between 1.8 and 3.3°C in 2070 across the 1-2.6 and 3-7.0 Shared Socioeconomic Pathway (SSP) emission scenarios. This will be more than in most other countries. More warming than in these estimates cannot be excluded, and in a high-emission, fast-warming scenario (SSP3-7.0 90th percentile), temperatures could increase by 4.1°C by 2070.

 

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