The Trans-Caspian Corridor: Understanding the Financial Framework for Attracting and Derisking Foreign Capital
The development of the Greater Caspian region has become a geopolitical imperative for the European Union. The war in Ukraine, instability in the Middle East, and disruptions along the Suez and Red Sea route have brought Central Asia and the Greater Caspian Region into sharper focus for the EU. Due to its wealth of resources of fossil fuels, hydrogen, and Critical Raw Materials (CRMs), the region holds materials which are vital for a number of core elements of the green transition, particularly in the manufacture of battery technology to store green energy. The region holds the potential to serve an essential role in the European Union’s environmental pivot.
