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  • By The Financial District

EBRD Funds First Green Taxi Project

More than 60% of Dushanbe's nearly 900,000 residents will now be able to enjoy environmentally friendly and safer taxi rides thanks to the introduction of electric taxis, a project supported by the European Bank for Reconstruction and Development (EBRD).

Photo Insert: Rakhsh Taxi's green fleet will be funded by the EBRD

The latest initiative in Dushanbe, Tajikistan’s capital and largest city, is part of EBRD’s Green Cities program which aims to assist in reducing the environmental effect of the Sayohon taxi company, which operates the popular brand Rakhsh Taxi.

A financial package worth up to US$ 4.5 million, financed by the EBRD and comprised of an EBRD loan and a grant from the Bank's Finance and Technology Transfer Centre for Climate Change (FINTECC) program, which is supported by the Global Environment Facility (GEF), will enable Sayohon to purchase 100 electric vehicles and 30 charging stations, as well as build the necessary charging infrastructure.


Sayohon will not only expand its service but also cut CO2 emissions by 1,240 tonnes per year.

Rakhsh Taxi will be able to reduce emissions of other pollutants like nitrogen dioxide and sulphur dioxide, which can cause serious respiratory difficulties, by replacing obsolete internal combustion engines with electric ones.

All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

Sayohon will commit to establishing and implementing equitable employment practices as part of the project. It will, in particular, assist in increasing the number of female employees to at least 20% of the whole workforce and will create a specialized training program for 250 staff on the management of electric vehicles.

FINTECC, which is funded by the EBRD and the GEF, is part of a global push to transfer climate technology to poor nations. To date, the EBRD has invested €892 million in Tajikistan's economy through 152 projects

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