Newsletter Newsletters Events Events Podcasts Videos Africanews
Loader
Latest
Trending
Latest stories
Europe
Categories
Programmes
Featured
World
Categories
Programmes
Featured
EU Policy
Business
Categories
Programmes
Featured
Travel
Categories
Programmes
Next
Categories
Programmes
Featured
Culture
Categories
Programmes
Green
Categories
Programmes
Featured
Health
Categories
Programmes
Euroviews
Videos
More
Special coverage
Partner content
Services
Newsletter Newsletters Events Events Podcasts Videos Africanews
Loader
Find Us
Flipboard Instagram Linkedin
Advertisement

Kazakhstan scales up green finance and energy transition efforts in Central Asia

In partnership with
Kazakhstan scales up green finance and energy transition efforts in Central Asia
Copyright  Euronews
Copyright Euronews
By Botagoz Marabai
Published on •Updated
Share this article
Share this article Close Button
Copy/paste the article video embed link below: Copy to clipboard Copied

Kazakhstan ramps up renewables and green finance to cut emissions and position itself as Central Asia’s clean energy transit hub.

ADVERTISEMENT

Kazakhstan is accelerating its green transition, yet climate finance inflows remain limited. Coal still fuels 70% of Kazakhstan’s power, yet the nation pledges to cut emissions 15% in just five years. Backed by tax breaks and 20-year contracts with producers, €8 billion in renewables are underway with storage projects planned. Meanwhile, the Astana International Finance Centre is helping drive a €3.3 billion green bond market across Central Asia.

At the same time, Kazakhstan is spearheading a “Green Corridor” power link to Europe, a high-voltage link to Europe that could carry the region’s surplus wind and solar power, backed by regional partners and EU funding, reinforcing its role in Central Asia’s energy transition.  

 

Go to accessibility shortcuts
Share this article

Read more