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Kazakhstan

Kazakhstan’s economy, based primarily on the export of fossil fuels, is the largest in Central Asia. Given its abundance of low-cost fossil fuels, Kazakhstan also leads Central Asia in terms of annual greenhouse gas emissions.

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Wolky Black 1176 Art Suede Do INVESTING IN KAZAKHSTAN

The Kazakh government is committed to reducing greenhouse gas emissions, and has outlined a set of energy sector priorities to support its goal of reducing the economy's carbon intensity by 50% from 2015–2020. In line with this goal, Kazakhstan’s CTF investment plan focuses $200 million in concessional financing on efforts to modernize district heating systems in target cities.

This includes improving demand-side energy efficiency and catalyzing transformative investments in latent renewable energy potential. The plan will also support the legal and regulatory framework for renewable energy development, as well as the construction of Kazakhstan’s first large-scale wind and solar projects totaling 100 MW.

FACTS ABOUT KAZAKHSTAN

Over 87% of Kazakhstan’s primary energy supply comes from thermal sources compared to 1% derived from renewable sources, excluding large-scale hydropower

1,000 MW

amount of new renewable energy capacity the Kazakh government aims to install by 2020

Projects in Kazakhstan

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NAME FUND FUNDING (USD MILLION) COFINANCING (USD MILLION) MDB
  District Heating Modernisation Framework (DHMFF) Black Wolky Do 1176 Suede Art FUND2 Gray Women's Hunter MNX15 Shoes Increase Gray Height Elevator 7" ZXZBwqv COFINANCING (USD MILLION) 33.71 FUNDING (USD MILLION) 117.60 MDBEBRD  
  Kazakh Railways: Sustainable Energy Program FUND2 Gray Women's Hunter MNX15 Shoes Increase Gray Height Elevator 7" ZXZBwqv COFINANCING (USD MILLION) 0.80 FUNDING (USD MILLION) 3.95 MDBEBRD  
  Renewable Energy Finance Facility (KAZREFF) Art 1176 Wolky Suede Black Do FUND2 Gray Women's Hunter MNX15 Shoes Increase Gray Height Elevator 7" ZXZBwqv COFINANCING (USD MILLION) 24.54 FUNDING (USD MILLION) 115.00 Suede Do Black Wolky 1176 Art MDBEBRD Do Suede Wolky 1176 Art Black  
  T Taby Mirka Brass Meucci T Afry Moro Sesto Moro Studs Suede Womens Sqtv4WTz FUND2 Gray Women's Hunter MNX15 Shoes Increase Gray Height Elevator 7" ZXZBwqv COFINANCING (USD MILLION) 21.00 FUNDING (USD MILLION) 2.70 MDBIFC Suede Wolky 1176 Do Art Black  
  Running Orange adidas White Energy Women's Shoe Performance Adizero S Adios w Easy pwX8rwq FUND2 Gray Women's Hunter MNX15 Shoes Increase Gray Height Elevator 7" ZXZBwqv COFINANCING (USD MILLION) 39.67 FUNDING (USD MILLION) 374.84 MDBEBRD  
  Yermentau Large Wind Power Plant FUND2 Gray Women's Hunter MNX15 Shoes Increase Gray Height Elevator 7" ZXZBwqv COFINANCING (USD MILLION) 25.05 FUNDING (USD MILLION) 78.50 MDBEBRD  

TRANSFORMING VISION INTO ACTION

The CIF programmatic approach to investment planning and implementation brings strategic value to CIF recipient countries. Working through a transparent, country-led process, the CIF fosters trust and collaboration among government ministries, civil society, indigenous peoples, private sector, and the MDBs that implement CIF funding. Together they translate Nationally Determined Contributions and other national development and climate strategies into an actionable CIF investment plan. Rather than one-off projects, the plan comprises long-term, sequenced investments that mutually reinforce each other and link to other critical activities, such as policy and regulatory reform and capacity building. Under national government leadership, CIF stakeholders continue to work together to implement the plan, continually assessing progress and sharing lessons learned along the way.