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The European Bank for Reconstruction and Development (EBRD) will provide services in design studies to extinguish the Darvaza gas crater located in the Karakum Desert. EBRD President Odile Renaud-Basso stated this in his letter to Acting President Gurbanguly Berdimuhamedov , the state information agency TDH reported on March 7 .

The president of the organization expressed his gratitude “for the efforts and commitment of Turkmenistan to reduce greenhouse gas emissions” and noted that the EBRD “follows with great interest the decision of the government of Turkmenistan to pay attention to the problem of the burning gas crater in Darvaz” .

It is noted that the EBRD will explore the possibility of mobilizing donor funds to organize and prepare a feasibility study to assist the government of Turkmenistan in identifying all suitable options for reducing harmful CO2 and methane emissions from the Darvaza crater.