Green Economy in Kazakhstan

Kazakhstan begun to take steps the steps to transition to a green economy.

Kazakhstan has set the goal that its transition into the green economy will increase GDP by 3%, and create more than 500 thousand new jobs.^[1]

In June 2014, the Kazakh government set tariffs for energy produced by renewables in a bid to get three percent of electricity from cleaner sources by 2020.^[2] Kazakhstan plans to spend an average $3.2 billion a year along with investors to achieve its green goals by 2050 and cut carbon emissions by 40 percent in 2050 from 2012 levels.^[2]

Kazakhstan 2050 Strategy

As part of President Nazarbayev’s broad Kazakhstan 2050 Strategy initiative, which is designed to modernize and diversify the nation’s carbon-reliant economy, renewable and alternative energy sources will provide 50 percent of all electricity produced in Kazakhstan by 2050, according to a Decree signed by Kazakh President Nursultan Nazarbayev on May 30, 2013.^[3]

Kazakhstan has indicated it will use one third of its wastes to generate 'green' energy by 2050.^[4]

In 2013 two wind power plants were put into operation in North Kazakhstan.^[5] In 2014 Zhambyl region (South Kazakhstan) will have two wind power stations.^[6] KazAgroFinance has adopted a program on financing of renewable energy production in the remote villages of Kazakhstan^[7] In 2013 Kazakhstan adopted legislation establishing feed-in tariffs for renewables, which will be in place for 15 years in order to encourage investment in the sector^[8] In January 2014 BISOL Group completed the installation of a 2 megawatt ground mounted solar power plant in the city of Kapchagay in the Almaty Province, the largest photovoltaic system in the country so far.^[9]

Green Bridge Partnership Programme 2011-2020

Kazakhstan created a multilateral, cross-sectoral and voluntary Partnership Programme "Green Bridge" to provide a stable and long-term basis for green investment, transfer of new technologies and innovations to create sustainable economies and create new and long-term green jobs.^[10]

On November 20, 2013, Foreign Minister Erlan Idrisov met with heads of the European Union urging the EU to become a member of the Green Bridge Partnership. If the EU joined, it would help spark innovation in green technology and with water conservation like the Aral Sea.^[11]

Astana Expo 2017

Kazakhstan will host the 2017 World's Fair. The Astana EXPO 2017 has the theme Future Energy and its framework will support Astana's development of a sustainable green economy.

Green housing in Astana

On November 18, 2014 the Chairman of the Board of the Samruk Kazyna Real Estate Fund Bolat Palymbetov announced at a Central Communications Service (CCS) press briefing that the construction of a residential area using green technologies had begun in Astana.^[12] The Green Quarter is a residential and office complex that incorporates advanced technologies.^[12] The architectural concept of a green quarter was developed by British company AEDAS, one of the world’s largest architectural firms.^[12] An advanced system aimed at reducing water and energy consumption by 20 percent to be installed at the facilities.^[12] According to preliminary estimates, the project will cost 44 billion tenge ($US240 million).^[12]

"We can now say with confidence that the Green Quarter will be yet another jewel of the city visible at the opening of EXPO 2017,” Palymbetov said.^[12]

European Bank of Reconstruction and Development

Kazakhstan was the first EBRD country to sign up for the EBRD Sustainable Energy Action Plan. The EBRD has invested over US$ 650 million in energy efficiency projects in Kazakhstan in corporate energy efficiency, credit lines to partner banks for on-lending to the private sector, cleaner energy production, renewable energy, and municipal infrastructure energy efficiency.Energy savings from projects financed by the EBRD so far amount to about 10 per cent of the country’s use of electricity. As a result of these projects, Kazakhstan reduced its greenhouse gas emissions reductions amount by 3,885 kilotonnes per year.^[13]