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Act Global empowers the Ministry of Economy and Finance of Uzbekistan to develop an ESG framework, strengthening SME competitiveness

Act Global empowers the Ministry of Economy and Finance of Uzbekistan to develop an ESG framework, strengthening SME competitiveness

On 17-18 February 2026, ACT Global launched on-the-ground activities in Uzbekistan in partnership with GIZ, with meetings held at the Ministry of Economy and Finance in Tashkent.

The two-day programme opened with the presentation of the Assessment Report and a stakeholder workshop, followed by in-depth interviews and consultation meetings. Working sessions were conducted in English with consecutive translation.

The initiative strengthens the capacity of the Ministry of Economy and Finance to advance sustainable business practices through the development and implementation of Environmental, Social and Governance - ESG - and Responsible Business Conduct - RBC - frameworks, aligned with international standards and national priorities.

The project will design and initiate a practical #ESGFramework for SMEs, empowering businesses to strengthen competitiveness, improve access to finance, and advance resource and energy efficiency.

The discussions brought together wide range of stakeholders:

  1. GIZ Uzbekistan
  2. ACT Global
  3. Ministry of Economy and Finance
  4. Ministry of Investments, Industry and Trade
  5. Ministry of Poverty Reduction and Employment
  6. National Committee on Ecology and Climate Change
  7. Committee on Development of Competition and Protection of Consumer Rights
  8. National Agency for Energy Efficiency under the Cabinet of Ministers
  9. Higher School of Business and Entrepreneurship under the Cabinet of Ministers
  10. Chamber of Commerce and Industry
  11. Business Development Bank
  12. JSC “Xalq Bank”
  13. JSC “Entrepreneurship Development Company”
  14. Small Business Association
  15. “Hamroh” Women’s Entrepreneurship Support Company

We thank all partners for the constructive dialogue and look forward to the next steps - from co-design to piloting and handover.

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