UNDP and Central Asian Green University launch a landmark 'Biodiversity Finance' academic module at Eco Expo 2026, marking a pivotal step toward building the human capital needed to reverse nature loss and deliver Uzbekistan's green transition.
From Crisis to Classroom: How Uzbekistan Is Educating the Next Generation of Nature Finance Leaders
May 29, 2026
A Region on the Front Lines of the Planetary Crisis
The world is facing a triple planetary crisis — the simultaneous, mutually reinforcing destabilization of the climate, biodiversity, and clean environment systems that sustain human civilization. Nowhere is this crisis felt more acutely than in the arid regions of the world, including Central Asia.
Central Asia is warming at a rate significantly faster than the global average, with mean annual temperatures already having surpassed the 1.5°C threshold above pre-industrial levels in many sub-regions. Glaciers that feed the Amu Darya and Syr Darya — the lifelines of the region — are retreating. Water deficits are looming. Land degradation is accelerating. The World Bank estimates that climate-related economic losses in Central Asia could reach between 1.3% and 6.7% of GDP annually by mid-century if current trends continue, with the most vulnerable populations in agriculture and rural communities bearing the heaviest burden.
Nowhere is this more viscerally evident than in the fate of the Aral Sea. Once the world’s fourth-largest lake , it has lost over 90% of its surface area due to decades of unsustainable irrigation policies — a man-made crisis that has devastated agricultural livelihoods across countries of the region, triggered persistent dust storms laced with salt and pesticides, and erased entire fishing communities. The Aral Sea crisis is not just a historical lesson; it is a continuing warning of what happens when nature is not accounted for in economic development.
These are not abstract threats. Nature underpins economic prosperity. According to the World Economic Forum, more than half of the world's GDP — over US$44 trillion — is moderately or highly dependent on ecosystem services such as clean water, soil fertility, pollination, and climate regulation. Globally, governments spend an estimated US$1.8 trillion per year on subsidies that are harmful to nature, dwarfing the US$143 billion invested annually in biodiversity conservation. Closing this yawning gap between nature-harming and nature-positive finance is one of the defining economic policy challenges of our era.
For Uzbekistan, ecosystem services are not an abstraction. Approximately 49% of the population lives in rural areas, the majority dependent on agriculture and natural resources for their livelihoods. Forests, covering 7.7% of the territory, protect river basins, create wind and sand protection belts, and host irreplaceable biodiversity. The country harbors approximately 27,000 known species, including 8% endemic higher vascular plants. Yet these ecosystems are under severe and growing pressure.
Financing the Future of Nature: What Uzbekistan's BIOFIN Process Revealed
Since 2014, UNDP's Biodiversity Finance Initiative (BIOFIN) has been one of the most transformative global programmes in the field of nature finance, helping over 130 governments worldwide rethink how they measure, plan, and mobilize finance for biodiversity. By conducting rigorous biodiversity expenditure reviews, financial needs assessments, and policy analyses, BIOFIN provides governments with the evidence base to redesign public finance systems, attract private investment, and redirect harmful subsidies toward nature-positive outcomes.
In Uzbekistan, this work began in 2022 and culminated in the publication of the country's first Biodiversity Finance Plan (BFP) in late 2024 — a landmark document that lays out a comprehensive strategy for closing the biodiversity finance gap.
The findings are both stark and actionable. The BIOFIN process identified a biodiversity financing gap of US$60 million needed to implement Uzbekistan's National Biodiversity Strategy and Action Plan (NBSAP) through 2028. Between 2020 and 2022, only 1.21% of the state budget was allocated to environmental protection, with direct biodiversity expenditures comprising just 0.33%.
Yet the BFP also demonstrates the immense opportunity. If fully implemented under the best-case scenario, the 11 priority finance solutions identified — ranging from a new Blended Finance Facility to biodiversity offsets, nature bonds, payment for ecosystem services, and green budget tagging — have the potential to mobilize up to US$ 1.09 billion by 2034. This would represent a transformative investment in Uzbekistan's natural capital — with the potential to boost agricultural productivity, enhance climate resilience, and deliver diversified green economic growth.
Critically, the BFP identified a systemic barrier that no financial solution alone can overcome: a shortage of professionals skilled in biodiversity finance and green economy. Currently, over 53,000 public servants across 20 ministries, 14 committees, and 26 agencies are involved in Uzbekistan's green transition. At least 2,500 of these are middle and senior managers directly responsible for implementing green policies — yet most lack the specialized knowledge needed to design, integrate, and implement nature-positive financial strategies. In the private sector, the demand for sustainable finance professionals is growing rapidly as international capital markets increasingly favor green investments.
"Without a new generation of professionals equipped to translate ecological imperatives into financial strategies, even the most sophisticated policy frameworks risk remaining on paper." — Prof. Bakhtiyor Pulatov, Rector of Central Asia Green University.
Uzbekistan: A Green Transition Vanguard
Uzbekistan has positioned itself at the forefront of the green transition in Central Asia — and the evidence is compelling. In 2021, the country ratified the Paris Agreement and submitted updated Nationally Determined Contribution (NDC). In 2024, the Climate Council under the President of Uzbekistan — the highest state consultative body on climate and environment — was established, along with a dedicated National Climate Centre. In December 2024, the parliament declared 2025 the "Year of Environmental Protection and Green Economy." Uzbekistan has also launched the ambitious "Yashil Makon" (Green Land) national programme, aiming to plant one billion trees, and is implementing green and climate budget tagging systems in its public finance architecture — a reform that UNDP has been actively supporting.
The government's recognition that the green transition requires not only new policies and financial instruments, but a new generation of thinkers and decision-makers, led to a milestone in May 2023: by Presidential Decree, the Central Asian University of Environmental Studies and Climate Change — the Central Asian Green University — was established under the National Committee on Ecology and Climate Change. With an annual capacity of up to 800 students and programmes spanning sustainable finance, environmental science, and climate policy, Green University is designed to be a regional hub for the specialized expertise that the green economy demands.
UNDP was among the first international organizations to welcome and support the establishment of Green University. In particular, through the BIOFIN programme, UNDP and Green University forged a collaboration with a clear and urgent purpose: to address the human capital gap at the heart of Uzbekistan's biodiversity finance challenge.
A World First: The Biodiversity Finance Academic Module
The result of this collaboration is a purpose-built "Biodiversity Finance" academic module — the first of its kind to integrate the UNDP BIOFIN methodology directly into a university curriculum anywhere in the world. Designed by international and local experts and tailored to the local context, the module is being embedded as an elective within Green University's Master's in Sustainable Finance programme. An online, self-paced course developed by BIOFIN’s global team, “Biodiversity Finance: Designing and Implementing Finance Plans for Nature”, will soon be available in Uzbek through UNDP’s Learning for Nature platform. The course is designed as a fast-track knowledge resource for government officials, civil servants, and private sector professionals seeking to strengthen their expertise in biodiversity finance.
The developed academic module equips participants with practical skills to conduct biodiversity expenditure reviews and financial needs assessments; design and evaluate nature-positive financial instruments such as biodiversity credits, debt-for-nature swaps, green certification, sustainable tourism; align financial strategies with national plans, including the NBSAP, NDC, and Integrated National Financing Framework (INFF); and apply green and biodiversity budget tagging in public finance systems. It integrates gender-sensitive and socially inclusive approaches throughout, ensuring that the green transition delivers a just and equitable future.
The module draws on the proven methodology embodied in the BIOFIN Workbook — tested and being used across 130+ countries and continuously refined over a decade — adapted through practical case studies. BIOFIN will support the establishment of dedicated faculty, train specialized lecturers, and provide merit-based financial support to up to 10 students during the launch period.
Be There: The Official Launch at EcoExpo 2026
The official launch of the "Biodiversity Finance" academic module will take place on June 3, 2026, in Samarkand, as a side event within the annual Eco Expo 2026 international exhibition and in parallel with the GEF Global Assembly — bringing together the world's most influential environmental policymakers, financiers, academics, and civil society leaders in one of Central Asia's most storied cities.
Co-hosted by the Central Asian Green University and UNDP, the event will convene government officials, international organizations, diplomatic representatives, academic institutions, and experts in environmental finance, education, and policy. It is a rare convergence of people who are not only talking about the future of our planet — but building it.
The agenda will feature:
Opening remarks by Ms. Akiko Fujii, UNDP Resident Representative in Uzbekistan, Prof. Bakhtiyor Pulatov, Rector of Central Asian Green University, Mr. Martin Cadena, UNDP BIOFIN Global Manager, Dr. Andre Wehri, Senior Policy Advisor and Alternate GEF Council Member from Switzerland.
Presentations on the key findings of the BIOFIN process in Uzbekistan, the structure and content of the Biodiversity Finance module, and UNDP's online self-paced course on biodiversity finance for Uzbek audience.
An official launch ceremony marking the formal adoption of the module into Green University's academic curriculum and starting a countdown for students’ enrollment for the fall 2026 semester — a historic milestone in biodiversity finance education in Central Asia.
Attendance is open to all accredited participants of Eco Expo 2026 and the GEF Assembly. The in-person event will be conducted in English with interpretation in Uzbek and Russian.
Why This Matters — and Why You Should Be There
The challenge of our time is not a lack of ambition — it is a lack of people equipped to turn ambition into action. Climate agreements are signed; biodiversity strategies are written; green economy roadmaps are published. But implementation stalls at the point where vision must become a line item in a budget, a regulatory instrument, or an investment thesis. That translation requires people who understand both the language of nature and the language of finance.
The Biodiversity Finance module is Uzbekistan's answer to that challenge. It is an investment in the human infrastructure of the green transition — and a model that other countries, universities, and development partners are watching closely.
For those attending Eco Expo 2026 or the GEF Assembly, the June 3 side event offers a unique opportunity to witness history in the making: the moment a country decided that the most powerful investment it could make for its natural heritage was an investment in the minds of its next generation.
"Education is the most powerful tool you can use to positively change the world. In the context of the biodiversity crisis, and the opportunity of a nature-positive development, that tool must now be wielded by a new generation of finance-for-nature professionals. Uzbekistan is leading the way." — Mr. Martin Cadena, UNDP BIOFIN Global Manager.
ABOUT THE EVENT
Date & Time: June 3, 2026 | 13:50–15:05 (Samarkand time)
Location: Eco Expo Central Asia Exhibition Hall, Samarkand, Uzbekistan
Language: English, with simultaneous interpretation into Uzbek and Russian. In-person event.
Co-hosted by: Central Asian Green University & UNDP Uzbekistan
More information: ecoexpo.uz | greenuniversity.uz | assembly.thegef.org
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Contacts:
Tulkin Radjabov, UNDP BIOFIN Uzbekistan | tulkin.radjabov@undp.org | +998 90 370 7370
Sohib Khizirov, Central Asian Green University | sohibxizirov@gmail.com | +998 90 005 5843