The project aims to assist the green rehabilitation of Karakalpakstan Republic in addressing the impacts of the Aral Sea ecological crisis, by establishing viable measures to allow communities of the most disaster afflicted districts to pursue disaster-resilient sustainable livelihoods through climate-resilient agri-business models and providing the policy, financing, and investment frameworks to allow these to be scaled up. For this, the project interventions aim to achieve the following objectives:
- Objective 1: Establish an effective green rehabilitation investment plan targeted on agriculture and agri-businesses that reduces disaster risk, enhances rural food security and sustainable livelihoods, and promotes equitable employment in green and climate-smart value-chains in Karakalpakstan;
- Objective 2: Respond to the most urgent needs of the workforce and micro-, small-, and medium enterprises (MSMEs) to tackle pressing human security needs, focusing on disaster-related threats to health, livelihoods, productive assets, and agri-business risk management;
- Objective 3: Demonstrate viable climate-resilient agri-business models to rebuild the economic foundation of Karakalpakstan’s agrarian economy; and
- Objective 4: Support the government and banks in mobilizing green/climate finance in support of green MSMEs development in Karakalpakstan.