Countries in Central Asia are facing increasing pressure on natural resources due to economic, social and climatic changes. While the management of water and energy resources has traditionally been conducted separately, greater co-ordination between these sectors could yield significant economic, environmental and social benefits. This paper examines opportunities to strengthen water and energy co-ordination in Central Asia by reviewing the existing progress made in water and energy (primarily hydropower), as well as the potential benefits of enhanced water and energy co-operation in the region. In so doing, the paper clarifies discussions surrounding water and energy co-ordination in various areas: data and information exchange, institutional co-operation and joint infrastructure investment. The paper also presents considerations for future dialogues by drawing on examples of good practice from both within and beyond Central Asia.