Orientation of infrastructure investments on the goals of the Paris Agreement and the 2030 Agenda in Central and Southeast Asia (SIPA)

Over 60 percent of global greenhouse gas (GHG) emissions derive from existing infrastructure systems. What is built in the next years will set GHG trajectories for decades. Against the background of the design of post-COVID recovery plans, there is an opportunity to help direct investments towards energy, transport and industry infrastructure projects that not only support economic growth in the short term, but are also consistent with long-term climate goals. To achieve this, the project supports partner countries to prioritise infrastructure projects compatible with long-term low-emission, resilient development pathways. It promotes enabling policy frameworks to scale up investments in low-emission infrastructure. It cooperates with the private sector and financial stakeholders to promote Responsible Business Conducts and green, inclusive finance and investment principles and finally fosters capacities, knowledge creation, policy dialogue and peer learning.

Project data

Countries: China, Indonesia, Kazakhstan, Mongolia, Philippines, Thailand, Uzbekistan
IKI funding: 19,677,943.00 €
Included preparation phase: 322,052.29 €
Duration: 10/2021 till 06/2026
Status: open
Implementing organisation: The Organisation for Economic Co-operation and Development (OECD)
Political Partner: Ministry of Economic Development and Trade (MEDT) - Tajikistan

Ministry of Economy and Commerce of the Kyrgyz Republic

Ministry of Economy and Finance of the Republic of Uzbekistan

Ministry of Finance - Mongolia

Ministry of Finance and Economy of Turkmenistan

Ministry of Industry and Infrastructural Development of the Republic of Kazakhstan

Ministry of Investments and Foreign Trade of the Republic of Uzbekistan

Ministry of National Economy – Kazakhstan

National Economic and Development Authority (NEDA) - Philippines*

Office of the National Economic and Social Development Council (NESDC) - Thailand

State Ministry of National Development Planning (BAPPENAS) - Indonesia
Implementing Partner: Institute for Sustainable Development and International Relations (IDDRI) - Frankreich

International Institute for Sustainable Development (IISD)

International Transport Forum (ITF)

United Nations Development Programme (UNDP)

University of Central Asia - Kyrgyzstan

World Wide Fund for Nature (WWF) International
Online: https://www.oecd.org/site/sipa/

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State of implementation/results

All project publications are available on the project website: www.oecd.org/…
Regional Capacity Development and Exchange:
- The SIPA Summer Schools (2022 in Kyrgyzstan, 2023 in Istanbul, 2024 in Astana) gathered policy makers from national development and planning authorities and sectoral ministries and agencies from Kazakhstan, Kyrgyzstan, Mongolia, Tajikistan and Uzbekistan, as well as international experts on sustainable infrastructure, focusing on sustainable infrastructure, green finance (especially green bonds), responsible business conduct, low-carbon technologies in hard-to-degrade industries and the link between water and hydrogen.
- Complementary exchange formats included the OECD Infrastructure Forum (11–12 October 2022, Paris), the 7th meeting of the OECD Southeast Asia Policy Network on Sustainable Infrastructure (October 2023, virtual), and sessions at the OECD COP30 Virtual Pavilion (21 November 2025) and Eurasia Week (4 February 2026), presenting SIPA findings on infrastructure planning, governance and financing to align investment with climate and development goals.
- Under the SIPA Regional Knowledge Network, AIT, UNDP and OECD delivered capacity building activities, including a third in-person seminar in Bangkok (23–25 February 2026) and webinars between October 2025 and February 2026 on planning under risk and uncertainty, infrastructure evaluation, ecosystem services, pricing, governance and infrastructure finance.
Regional Policy Dialogue and Analysis:
- In Central Asia, the OECD and UCA delivered the 5th SIPA Regional Webinar in September 2025 presenting findings of the publication on decarbonisation of energy in Central Asia, analysing investment trends in carbon-intensive and low-carbon energy infrastructure between 2008 and 2023 and highlighting continued reliance on fossil-intensive assets alongside growing low-carbon potential, alongside OECD work in Uzbekistan on strengthening the policy framework for green investment under the Roadmap for Sustainable Investment Policy Reforms.
- At the end of 2024, the OECD published policy papers on Responsible Business Conduct (RBC) tailored to Indonesia, the Philippines and Thailand. In June 2025, the OECD published a report on RBC in infrastructure in Kazakhstan, Mongolia and Uzbekistan.
- The International Transport Forum (ITF) published regional studies in 2025 on freight decarbonisation in Central and Southeast Asia (final reports released in July), while WWF finalised reports on ecosystem services in Indonesia and the Philippines in May 2025, including an interactive mapping tool and a project webpage.
Country Highlights:
- Kazakhstan:
  - The project provided analytical inputs on Just Transition and international standards in developing the national strategy to achieve carbon neutrality by 2060, adopted by presidential decree in February 2023, and supported the Ministry of National Economy in November 2024 in developing a roadmap with tailored recommendations.
  - SIPA also participated in a meeting on 12 September 2025 on improving climate legislation for carbon investment in the context of Article 6 of the Paris Agreement.
- Mongolia:
  - In May 2025, the project held a dissemination event for the publication “Towards a Renewable Hydrogen Strategy in Mongolia”, the result of an 18-month process including international comparisons, over 30 consultations, six case studies and analysis of Mongolia’s policy framework.
  - In December 2025, IISD and UNDP delivered training in Ulaanbaatar on sustainable infrastructure assessment methodologies (SAVi) and climate-resilient investment. Between September and December 2026, IISD and the OECD held meetings with the Ministry of Transport to apply the SAVi methodology to public transport electrification plans.
- Uzbekistan:
  - The project supports the development and implementation of a long-term emissions reduction strategy, with sectoral activities focused on energy and transport.
  - In July 2024, the report “Financing Uzbekistan’s Green Transition” was published with recommendations on capital market development and green bond issuance.
  - In July 2025, IISD finalised a report on fossil fuel subsidy inventory in Uzbekistan.
  - On 26 November 2025 the OECD launched the Roadmap for Sustainable Investment Policy Reforms in Uzbekistan, including SIPA contributions on green hydrogen investments.
- Indonesia:
  - Project activities supported BAPPENAS in preparing the Medium-Term National Development Plan (RPJMN) 2025–29 and the Long-Term National Development Plan (RPJPN) 2025–45, aiming to consolidate the transition to a greener economy. The final RPJMN, incorporating some project recommendations, was approved by Presidential Decree No. 12 in February 2025. At the request of BAPPENAS, the project prepared a policy brief with recommendations from the first two years of implementation, and an official handover took place on 17 September 2024 in Jakarta.
  - WWF supports a national ecosystem services analysis and sub-national mapping in the RIMBA corridor.
  - In November 2025, UNDP Indonesia conducted visits to sustainable waste management sites in Temanggung Regency, Bantargebang and Rorotan as part of developing a roadmap for refuse-derived fuel use.
- Philippines:
  - The Clean Energy Finance and Investment Roadmap of the Philippines was launched on 7 March 2024 with participation from NEDA, the Department of Energy and the German Embassy. Following its publication, SIPA is undertaking energy finance training sessions with local stakeholders throughout 2025.
  - IISD conducted a sustainable asset valuation of the Mass Rapid Transit System in Pampanga, with the report published on 12 August 2024.
- Thailand:
  - In February 2024, the ‘Framework for Industry’s Net-Zero’ for the petrochemical industry and plastics value chain was officially presented with participation of the Ministry of Industry and the German Ambassador to Thailand. This was followed by the launch of the Guideline for Sound Climate Investment in Sustainable Transportation Infrastructure (11 December 2025) and a SIPA report on implementing the framework (27 February 2026).