CAREC At a Glance

  • Over $51 billion invested in transport, trade, and energy projects, as of December 2023

CAREC Operational Clusters

Economic & Financial Stability
Trade Tourism & Economic Corridors
Infrastructure & Economic Connectivity
Agriculture & Water
Human Development
Cross-cutting Themes

Latest Events

ASIA-PACIFIC SUSTAINABLE TRADE FORUM: Roundtable on CAREC Partnership for Climate, Innovation and Trade

ASIA-PACIFIC SUSTAINABLE TRADE FORUM: Roundtable on CAREC Partnership for Climate, Innovation and Trade

This conference aims to address the challenges of increased fragmentation in international trade and explore pathways toward re-globalization and achievement of environmental and climate objectives. The specific objectives are to: Examine the impact of trade fragmentation on global and regional economic growth, with particular attention to Asia and the Pacific region. Explore opportunities for convergence […]

Issuance of Sovereign and Private Sector Green/Climate Bonds: Lessons from the ASEAN

Background Finance is key to promoting the Sustainable Development Goals (SDGs). Green and sustainability bonds are a key instrument to finance environmentally friendly businesses and projects. The government, public-private partnerships (PPPs) and large private businesses can all tap the bond market. Banks can also refinance loans financing environmentally friendly businesses and projects by either securitizing […]

58th ADB Annual Meeting Side Event: CAREC Session on Trans-Caspian Connectivity: Unlocking Green Transport and Energy Corridors

58th ADB Annual Meeting Side Event: CAREC Session on Trans-Caspian Connectivity: Unlocking Green Transport and Energy Corridors

A CAREC high-level session held on May 6, on the sidelines of ADB’s 58th Annual Meeting in Milan, Italy, gathered CAREC high-level officials, regional leaders, and experts, delving into the transformative potential of the Trans-Caspian connectivity, focusing on transport and green energy corridors. The Caspian Sea plays a strategic role in the CAREC region and presents […]

4th Meeting of CAREC Climate Change Working Group

4th Meeting of CAREC Climate Change Working Group

Background and Objectives The CAREC Climate Change Action Plan (CCAP) 2025–2027 provides a framework to address climate change challenges and advance regional climate actions through enhanced coordination among CAREC sector committees and working groups. The plan focuses on four main thematic areas: Climate Risk, Preparedness and Health, the Water–Energy–Food Security Nexus, Low-Carbon Growth, and the […]

6th Meeting of the CAREC Working Group on Health

6th Meeting of the CAREC Working Group on Health

Background and Overview Fostering regional cooperation can facilitate dialogue and knowledge exchange, leverage economies of scale, harmonize regulations and standards, and develop joint regional approaches and mechanisms to address health challenges. To this end, the CAREC Working Group on Health (WGH) was established in March 2021 to guide CAREC health cooperation and implement the CAREC […]

Publications