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.

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

NAME FUND FUNDING (USD MILLION) COFINANCING (USD MILLION) MDB
  District Heating Modernisation Framework (DHMFF) FUNDClean Technology Fund COFINANCING (USD MILLION) 33.71 FUNDING (USD MILLION) 118 MDBEBRD  
  Kazakh Railways: Sustainable Energy Program FUNDClean Technology Fund COFINANCING (USD MILLION) 0.8 FUNDING (USD MILLION) 4 MDBEBRD  
  Renewable Energy Finance Facility (KAZREFF) FUNDClean Technology Fund COFINANCING (USD MILLION) 25.54 FUNDING (USD MILLION) 115 MDBEBRD  
  Renewable Energy Infrastructure Program FUNDClean Technology Fund COFINANCING (USD MILLION) 21 FUNDING (USD MILLION) 3 MDBIFC  
  Waste Management Framework (KWMF) FUNDClean Technology Fund COFINANCING (USD MILLION) 28.67 FUNDING (USD MILLION) MDBEBRD  
  Yermentau Large Wind Power Plant FUNDClean Technology Fund COFINANCING (USD MILLION) 25.05 FUNDING (USD MILLION) 79 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.

Knowledge Center

  • Publications
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  • Jun 13, 2018
FIP Monitoring and Reporting Toolkit

  • Fact Sheets
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  • Jun 08, 2018
PPCR Fact Sheet