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WASHINGTON, July 21, 2026—The World Bank Groupʻs Board of Executive Directors approved a project to support transboundary water cooperation across Central Asia. It will help countries attract additional investment in water management and conservation and strengthen their collective capacity to manage shared water resources. Around 40 million people across Central Asia are expected to benefit from the project, directly or indirectly, because of improved regional water management.
Across the countries of Central Asia, effective management of transboundary water resources has posed ongoing challenges, including the deterioration of aging water infrastructure, weak regional institutions for water and energy cooperation, and limited data sharing among the countries in the Amu Darya and Syr Darya river basins. The World Bank Groupʻs $20 million grant to the Executive Committee of the International Fund for Saving the Aral Sea will help address these issues through the implementation of the Central Asia Water Efficiency Cooperation Project (CAWEC).
More frequent droughts, floods, and extreme weather are further compounding these structural weaknesses. For example, glacier surface area in the region has declined by 30 percent over the past 60 years, affecting water availability. Moreover, limited cooperation among national water systems creates inefficiencies that are estimated to cost the region over $4.5 billion annually, despite substantial untapped gains from better coordination in operating shared water infrastructure and regional digital platforms.
The Executive Committee of the International Fund for Saving the Aral Sea (EC IFAS), a regional intergovernmental organization, will oversee CAWEC project implementation in close coordination with participating IFAS countries.
By 2031, the project will allow EC IFAS to prepare up to six transboundary water infrastructure projects involving two or more Central Asian countries to attract additional investment in irrigation modernization, water conservation and storage, and coordinated management of shared water resources.
The project will also invest in digitizing water accounting and modernizing information systems in the Amu Darya and Syr Darya river basins, including training for up to 100 staff members from regional water management organizations. Additionally, it will strengthen the capacity of regional water institutions and promote knowledge exchange, professional development, and research across countries participating in the project.
World Bank Media Relations
Mirzobek Ibragimov
About The World Bank
The World Bank Group has a bold vision: to create a world free of poverty on a livable planet. In more than 100 countries, the World Bank Group provides financing, advice, and innovative solutions that improve lives by creating jobs, strengthening economic growth, and confronting the most urgent global challenges. For more information, please visit www.worldbank.org, www.miga.org, and www.ifc.org.
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