Regulation of the Water and Energy Complex of Central Asia

Abstract

The goal of this report is to propose comprehensive solutions for the regulation of the water and energy complex of Central Asia. The report presents an assessment of the state of water resources in Central Asia in the context of climate change. It offers a detailed analysis of the evolution of various forms of regulation of the water and energy complex of Central Asia, from the Soviet period to the present day, reviews the international experience in water basin regulation potentially applicable for the water and energy complex of Central Asia and proposes potential solutions: a system of principles of effective regulation; comprehensive modernisation of the International Fund for Saving the Aral Sea (IFAS) aimed at strengthening of the coordination between the water and energy sectors; an arrangement for creating the International Water and Energy Consortium of Central Asia under the auspices of IFAS in its various forms, etc.

Keywords: regulation, power industry, water resources, transboundary water basins, Central Asia, multilateral development banks, international organisations

JEL Classification: F15, F36, F55, K32, N45, Q25, Q28, Q48, Q54