On 3 March 2026, the British Embassy in Turkmenistan hosted the
first Turkmen–British Forum on Climate Finance in Ashgabat,
organised in partnership with TheCityUK, the industry-led body
representing the United Kingdom's financial and related
professional services sector.
The event brought together senior representatives of
Turkmenistan's government ministries, state and commercial banks,
international organisations, multilateral development banks and
private sector companies. The forum provided an important
platform to discuss how climate finance can support sustainable
economic growth and investment in Turkmenistan.
TheCityUK represents a broad network of global banks, asset
managers, insurers, legal and advisory firms that operate at the
centre of international capital markets. Through its expertise in
sustainable and green finance, the organisation plays a key role
in mobilising international investment and supporting the
development of climate-related financial frameworks around the
world.
During the forum, international experts and UK industry
representatives shared practical insights on:
-
structuring climate finance mechanisms
-
strengthening national policy frameworks
-
creating enabling environments for investment
-
deploying financial instruments that support sustainable
development
Participants also explored international best practices and
regional examples that can help support Turkmenistan's transition
towards a more resilient and lower-carbon economy.
Representatives of TheCityUK and its member organisations
expressed their strong interest in working with Turkmen partners
to mobilise climate finance and attract greater foreign direct
investment into the country's economy.
The United Kingdom stands ready to support Turkmenistan in
unlocking green growth, strengthening resilience and attracting
international investment
The forum highlighted the significant potential for deeper
cooperation between the United Kingdom and Turkmenistan in areas
such as sustainable finance, climate resilience and green
investment.
The United Kingdom remains committed to supporting Turkmenistan
in developing sustainable financial frameworks, strengthening
institutional capacity and attracting international investment
that supports long-term green economic growth.
The British Embassy in Ashgabat looks forward to building on the
momentum generated by the forum and transforming dialogue into
practical cooperation that benefits both countries and supports
Turkmenistan's sustainable development ambitions.
