Emblem
Official Source of the
Prime Minister of the
Republic of Kazakhstan
Menu
Emblem
Close button

Council on Improving Investment Climate considers development of alternative energy

Friday, 08 October 2021, 17:43:33

At the meeting of the Council on Improving Investment Climate chaired by the Prime Minister of Kazakhstan Askar Mamin, the development of renewable energy sources and the transition of Kazakhstan to a low-carbon economy were considered.

Executive Director of the American Chamber of Commerce Doris Bradbury, President of American Chamber of Commerce in Kazakhstan Kenneth Mack, Head of OECD Eurasia Division William Tompson, Ambassador of Great Britain in Kazakhstan Kathy Leach, Ambassador of the EU in Kazakhstan Kestutis Yankauskas, the Netherlands — Jaime de Bourbon, the special envoy of Canada to the EU Stéphane Dion, as well as representatives of GE, Total Energies, Orano Group Kazakhstan (KATCO), Eurasia Group, etc.

Minister of Ecology, Geology and Natural Resources Serikkali Brekeshev, First Vice Minister of Energy Murat Zhurebekov reported on the measures taken in the area.

The issues of decarbonization of the economy and adaptation to climate change, the introduction of the best available technologies in the Republic of Kazakhstan, attracting investments in the development of renewable energy sources, precision farming and the green economy in general were discussed.

The Head of Government noted that Kazakhstan is stepping up measures to implement its obligations in the framework of the global fight against climate change. At the same time, efforts are focused on increasing the sustainability and decarbonization of the economy.

In order to achieve the implementation of the Paris Agreement by Kazakhstan by 2030, the Government targets a 15% reduction in greenhouse gas emissions. To achieve this goal, Kazakhstan updated its Nationally Determined Contribution to Reducing Emissions (NDCs) and developed a corresponding Roadmap for 2022-2025.

“The Government is also taking practical measures to implement the goal announced by the President of the Republic of Kazakhstan Kassym-Jomart Tokayev in December 2020 within the framework of the UN Summit on Climate Ambitions for Kazakhstan to achieve carbon neutrality by 2060. The Doctrine of achieving carbon neutrality of the Republic of Kazakhstan until 2060 is being developed, which will be presented in November of this year in Glasgow at the UN Climate Change Conference. The document envisages measures to increase the energy efficiency of the economy of the Republic of Kazakhstan, electrification and large-scale use of renewable energy sources,” Mamin said.

The Prime Minister noted that the Government intends to double the share of renewable energy sources in total energy production to 6% already in 2023, and not in 2025, as previously planned.

The Head of Government stressed that Kazakhstan has taken a number of structural measures to improve the investment environment to attract foreign capital and advanced technologies to the development of alternative energy.

As a result, in 2020, 25 renewable energy projects with a total capacity of almost 600 MW were commissioned. The volume of investments exceeded $ 510 million.

Over the next four years, it is planned to commission more than 60 new renewable energy projects with a total capacity of 2,400 MW and an investment volume of more than $2.5 billion.

Currently, there are 124 renewable energy facilities in Kazakhstan with an installed capacity of 1,922 MW: 31 wind power plants, 48 solar power plants, 40 hydroelectric power plants, 5 bioelectric power plants.


News feed
08 December 2021, 17:51
Government session to be held Dec. 9 in Ukimet Uyi
08 December 2021, 16:26
Kazakhstan exports 1,000 buses to Kyrgyzstan
08 December 2021, 08:40
Askar Mamin meets with Head of Government of Kyrgyzstan Akylbek Japarov
06 December 2021, 12:13
Askar Zhakupbayev appointed chair of Committee for Veterinary Control and Supervision of the Ministry of Agriculture
04 December 2021, 12:59
Prime Minister Askar Mamin meets with foreign investors
04 December 2021, 11:42
Zero growth in prices for socially significant food products recorded in Kazakhstan for fifth week in a row
03 December 2021, 16:54
Kazakhstan will timely fulfill its obligations under COP26 — Askar Mamin
03 December 2021, 11:34
Alikhan Smailov participates in Second Eurasian Congress
03 December 2021, 08:47
Interdepartmental Commission: Tugzhanov gives instructions in connection with spread of new covid variant
01 December 2021, 16:55
National flag of Kazakhstan hoisted at EXPO 2020 Dubai
01 December 2021, 16:32
Prime Minister of Kazakhstan Askar Mamin congratulates Kazakhstanis on Day of the First President
30 November 2021, 12:26
It is planned to launch 139 projects in Kazakhstan with creation of 12.7 thousand new permanent jobs — Beibut Atamkulov
30 November 2021, 10:38
Restrictions related to emergence of Omicron variant to be introduced in Kazakhstan
30 November 2021, 10:21
For 10 months of 2021, investments in manufacturing industry of Kazakhstan increased by 78.6% to 1.2 trillion tenge
30 November 2021, 09:37
Over 8 million Kazakhstanis fully vaccinated against coronavirus
29 November 2021, 19:59
Government session to be held Nov. 30 in Ukimet Uyi
29 November 2021, 11:24
Askar Mamin participates in Summit of Economic Cooperation Organization in Ashgabat
27 November 2021, 19:32
Askar Mamin visits Mangystau region on a working trip
27 November 2021, 11:24
Zero growth in prices for socially significant food products recorded in Kazakhstan for four weeks in a row
26 November 2021, 19:05
Alikhan Smailov participates in 10th meeting of Kazakh-Chinese Committee on Cooperation
26 November 2021, 15:09
III Forum of Interregional Cooperation between Kazakhstan and Uzbekistan held in Turkistan
25 November 2021, 18:32
Prime Minister Askar Mamin chairs 20th meeting of SCO Council of Heads of Government
23 November 2021, 11:59
Offtake contracts to be used to saturate domestic market with new goods — Beibut Atamkulov
23 November 2021, 11:56
Over 26 thousand complaints from citizens about violations of consumer rights considered in Kazakhstan for six months of 2021
23 November 2021, 10:18
More than 35 thousand Kazakhstanis received Pfizer vaccine — Alexey Tsoy
23 November 2021, 10:11
Ombudsman for consumer protection to be introduced in Kazakhstan
23 November 2021, 10:01
For 9 months of 2021, share of local content in regulated procurement increased by 6.4%
23 November 2021, 09:30
Influenza vaccination completed by over 99% in Kazakhstan
22 November 2021, 17:17
Government session to be held Nov. 23 in Ukimet Uyi
20 November 2021, 11:37
Zero growth in prices for socially significant food products recorded in Kazakhstan for three weeks in a row
19 November 2021, 14:34
Effective work carried out to implement priorities of Kazakhstan's EAEU chairmanship in 2021 — Askar Mamin
17 November 2021, 16:56
Askar Mamin chairs meeting of Interdepartmental Commission on Crime Prevention
17 November 2021, 12:52
IMF mission ascertained that economy of Kazakhstan reached pre-pandemic production levels
16 November 2021, 12:18
All universities in Kazakhstan to switch to per capita financing system — Askhat Aimagambetov
16 November 2021, 10:37
Kazakhstan launches interactive map to track provision of villages with water — Beibut Atamkulov
16 November 2021, 10:22
In Kazakhstan, incidence rate decreased by 23% in past two weeks
16 November 2021, 09:48
Government considers issues of improving quality of higher education
16 November 2021, 09:43
Askar Mamin: By the end of 2021, drinking water supply to reach 91.8% in villages and 98% in cities
16 November 2021, 09:33
Pfizer vaccine to be supplied to commercial segment of Kazakhstan’s market
15 November 2021, 19:07
Askar Mamin meets with Deputy Prime Ministers of the Russian Federation Alexander Novak and Alexei Overchuk
15 November 2021, 16:03
Government session to be held Nov. 16 in Ukimet Uyi
15 November 2021, 10:24
Samat Ergaliyev appointed Chair of the Committee for Sports and Physical Culture of the Ministry of Culture and Sports
13 November 2021, 15:24
Government of Kazakhstan and World Bank discuss investment policy issues to achieve carbon neutrality
13 November 2021, 11:10
Zero growth in prices for socially significant food products recorded in Kazakhstan for second week in a row
12 November 2021, 16:14
Kazakhstan to chair CIS in 2022
11 November 2021, 08:24
Askar Mamin's visit to Zhambyl region: Infrastructure, pharmaceuticals, manufacturing industry and agro-industrial complex
10 November 2021, 12:00
For 10 months of 2021, growth in real sector of Kazakhstan’s economy amounted to 2.9% — Minister of National Economy
10 November 2021, 11:20
Incidence rate in Kazakhstan decreased by 3.4 times over past two months — Ministry of Healthcare
10 November 2021, 10:23
42.5% of Kazakhstanis participated in population census online — Nurbolat Aidapkelov
10 November 2021, 10:13
Baglan Bekbauov appointed Vice Minister of Agriculture of the Republic of Kazakhstan
© 2019 - 2021 Press service of the Prime Minister of the Republic of Kazakhstan.
Developed by SoftDeCo.