Uzbekistan is one of the world’s major producers and exporters of natural gas – but it is also one of the world’s most energy-intensive economies. The country uses twice as much energy as its neighbor Kazakhstan to produce a unit of GDP, and six times as much as Germany. To improve its overall energy efficiency, therefore, Uzbekistan’s government has developed a national strategy that includes cutting energy use per unit of GDP in half by 2030. Mining, chemicals, oil and gas, electric power, and the production of construction materials are among Uzbekistan’s most energy-hungry industries. To help these industries upgrade old and outdated industrial equipment, the World Bank has piloted a new financial approach through its Energy Efficiency Facility for Industrial Enterprises Project.