Technical Assistance Consultant’s Report

Project Number: 52312-001 November 2019

Kazakhstan: Scoping the Green Investments Finance Program

Prepared by Janna Forthman School of Finance and Management

Frankfurt,

For DAMU Entrepreneurship Development Fund

This consultant’s report does not necessarily reflect the views of ADB or the Government concerned, and ADB and the Government cannot be held liable for its contents. (For project preparatory technical assistance: All the views expressed herein may not be incorporated into the proposed project’s design.

ASIAN DEVELOPMENT BANK (ADB)

TA-9667 KAZ: SCOPING THE GREEN INVESTMENTS FINANCE PROGRAM - INTERNATIONAL FIRM (52312-001)

SCOPING STUDY - FINAL

22 NOVEMBER 2019

Prepared by Janna Fortmann Reviewed by Mert Dedebas

Frankfurt School of Finance & Management Adickesallee 32-34 60322 Frankfurt am Main Tel. +49-69-154008-634 http://www.frankfurt-school.de [email protected]

Page Page i i TABLE OF CONTENT ADB : Scoping the Green Investments Finance Program - Sco - Program Finance Investments Green Scoping the Kazakhstan: ADB 1 T 3 2

ABLE OF Executive Summary 2.4.2. 2.4.1. 2.3.2. 2.3.1. 2.2.3. 2.2.2. 2.2.1. 2.1.2. 2.1.1. 1.5.1. 1.2.5. 1.2.4. 1.2.3. 1.2.2. 1.2.1. 1.1.4. 1.1.3. 1.1.2. 1.1.1. 3.2.1. 1.1. 1.2. 2.4. 2.2. 2.5. 3.3. 2.1. The Banking Sector in Kazakhstan 2.3. 3.1. The SME and MSME Sectors in Kazakhstan 3.2.

C

ONTENTS Overview Summaryof Results Leasing insector Kazakhstan Micro-finance sector inKazakhstan Review of individual Ban Conclusions and Recommendations The Leasing Sector in Kazakhstan The Banking Sector Kazakhstanin The M/SMESector in Kazakhstan: isThere an opportunity a for green technology credit line: Access Finance to TechnoLeasing KazAgroFinance Fund Financialof Support Agriculture of MFO KMF Shinhan Bank Kazakhstan ForteBank CenterCreditBank (BCC) Credit Loan portfolio and PAR Profitability and Risks The Role DAMUof Requirements regarding Technologies Partner Banks Product Positioning and Promotion Product Features Opportunity for a Green Investments Credit Line in Kazakhstan GovernmentalM/SME support institutions The Insurance Sector inKazakhstan Overview Challenges faced by SME/MSMEs in Kazakhstan General Overview

...... – ...... the Key to Success ...... ks ......

...... ping Studyping ...... - ...... Final Final ......

24 30 17 35 43 12 12 36 36 39

22 14 32 28 17 33 10 40 25 20 13 1 1 7 5 2 1 9 7 3 8 9 7

Page Page ii TABLE OF CONTENT ADB Kazakhstan: Scoping the Green Investments Finance Program - Sco - Program Finance Investments Green Scoping the Kazakhstan: ADB 5 4 6

Annexes Industrial Cooling (Chillers) Power and Co-generation PumpsHeat Boilers Insulation Windows and Doors 4.2.4. 4.2.3. 4.2.2. 4.2.1. 3.4.3. 3.4.2. 3.4.1. 3.3.4. 3.3.3. 3.3.2. 3.3.1. Lighting Commercial Cooling Motors and Pumps 3.4. 5.1. Review of TechnologiesGreen inKazakhstan Opportunities for GreenInvestments Kain 4.1. 4.2. 5.2. Kazakhstan Review of the legislation for environment and green technologies in Annex 4: Markets The forTechnologies Green in Kazakhstan Annex Discussion 2: guides for interviews with stakeholders Annex 3: OnlineAnnex 3: survey of SMEs Annex 1 List of stakeholders interviewed Annex Characteristics 0: of current M/SME loan products Methodology

...... 105 Governmental M/SME Sector Programs Employment Roadmap program Economics Simpleof Things The Business Roadmap Program Association and National Chamber Entrepreneursof Atameken KazAgro holding DAMU Baiterek holding Summary Results Obstacles to be overcome SectorsPriority for Green Investments SectorMarket Survey promisingA very main result Methodology Summary Results of the Sector Analysis Recommendations ...... –

Summary Results Entrepreneurship Development Fund fund ...... zakhstan’s M/SME Sectors ...... ping Studyping ...... - Final Final ......

......

100 . .

45 60 60 49 49 49 62 68 64 74 76 75 69 85

94 96 89 87 92 86 98 48 45 46 44 43 59 55 47 49 43 50 85

Page Page iii

TABLE OF CONTENT Table 20 Table Table 2 Table Table 5 Table Table 14 Table Table 17 Table Table 11 Table Table 21 Table Table 3 Table Table 6 Table

Table 9 Table Table 18 Table Table 12 Table Table 4 Table Table 22 Table Table 7 Table Table 15 Table Table 19 Table Table 26 Table Table 13 Table Table 10 Table Table 23 Table Table 16 Table finance programme from the perspective of M/SMEs: of perspective from the programme finance Table 8 Table Table 24 Table Table 25 Table ADB Kazakhstan: Scoping the Green Investments Finance Program - Sco - Program Finance Investments Green Scoping the Kazakhstan: ADB 1 Table L

IST OFIST

Annex 5: Legislation, Policy, Public Strategy and Standards for Green Process Technolgies Transport Water Saving Technologies Annex 6: GreenBridge Programme

T ABLES main leasing companies in Kazakhstan and their performance: their and Kazakhstan in companies main leasing Sub-laws in the field of RES field of in the Sub-laws Credits to private sector as % of GDP at the end of 2018 end the of GDP at of sector as% private to Credits Dynamics of assets, loan portfolio and PAR>90, beginning of period, 2010- period, of beginning PAR>90, and portfolio loan ofDynamics assets, Entrepreneurs in DAMU Programmes, as of 01/01/2019 asof Programmes, DAMU in Entrepreneurs Sub-laws in the field of energy saving and energy efficiency energy and saving energy field of in the Sub-laws Banks in Kazakhstan. Banks in Banking sector in Kazakhstan in Banking sector Comparison of outstanding loan portfolio of Banks and of SMEs 2011 - 2018 in KZT2018 - 2011 SMEs of and Banks of portfolio loan outstanding of Comparison Tariffs for electric energy, with differentiation by level of consumption, 2014 by consumption, level of differentiation with energy, for electric Tariffs Portfolio dynamics of top six leasing companies, 2017- companies, six leasing of top dynamics Portfolio List of categories and technologies and List of categories Number of active M/SMEs by regions by M/SMEs active Number of Tariffs for thermal energy, 2019 energy, for thermal Tariffs Summary of the Banking sector main figures in Kazakhstan in figures main Banking sector of the Summary Financial intermediation of banking sector banking of Financial intermediation “Green” economy goals and targets and goals economy “Green” Prices for natural gas, 2019 for natural Prices Number of active/ SMEs by sectors bySMEs active/ Number of Definition of SMEs and MSMEs according to the Entrepreneurship Code Entrepreneurship the to according MSMEs and SMEs Definition of Tariffs for thermal energy, 2014 energy, for thermal Tariffs Regional distribution of micro and small SME loan portfolio, end 2018 of portfolio, SME loan small and micro of distribution Regional n vriw f h ky atr ta dtrie h vaiiy f gre a of viability the determine that factors key the of overview an Prices for natural gas, for natural Prices Number of registered and active SMEs active and registered Number of Tariffs for electric energy, with differentiation by level of consumption, 2019 by consumption, level of differentiation with energy, for electric Tariffs 108 Economy Technologies/ in Kazakhstan ......

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..... 121 125 153 162 154 162 156 158 12 60 37 12 41 65 38 36 42 40 15 44 36 30 . . 201 .2

3 .. 3 6 120

107 111

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TABLE OF CONTENT Figure 21 Figure 22 Figure 26 Figure 23 in thousand USD in thousand Figure 24 Figure 19 Figure 25 Figure 28 Figure 13 Figure 20 Figure 3 Figure 17 Figure 29 Figure 14 Figure 4 Figure 11 Figure 27 Figure 18 ADB Kazakhstan: Scoping the Green Investments Finance Program - Sco - Program Finance Investments Green Scoping the Kazakhstan: ADB Figure 30 Figure 1 L 27 Table Figure 8 Figure 15 Figure 5 Figure 12 Figure 2 Table 28 Table Figure 9 Figure 16 Figure 6 Figure 10 Figure 7 IST OFIST

F IGURES

Estimated market volume for Chillers for M/SMEs in thousand USD thousand in for M/SMEs Chillers for volume market Estimated Estimated market for Windows and Doors for SME/MSMEs in thousand USD in thousand SME/MSMEs for Doors and for Windows market Estimated Estimated market volume for Commercial Cooling for M/SMEs in thousand USD thousand in for M/SMEs Cooling Commercial for volume market Estimated Estimated market volume for Gas/oil Boilers for MSMEs in thousand USD thousand MSMEs in for Boilers Gas/oil for volume market Estimated Classification of the main types of air compressors air of types main the of Classification Estimated market volume for Electric Boilers for MSMEs in thousand USD thousand MSMEs in for Boilers Electric for volume market Estimated Estimated market volume for Compressors for M/SMEs in thousand USD thousand in for M/SMEs Compressors for volume market Estimated Percentage of leasing by type/sector of economy by type/sector leasing Percentage of Fixed tariffs for purchase of electricity produced from RES from produced electricity of for purchase tariffs Fixed Likelihood of investment in Green Technologies Green in investment of Likelihood RoA and RoE of banking sector, 2010- banking RoE of RoA and Classification of the main types of Electric Motors Electric of types main the of Classification List of priority activities for the implementation of investment projects investment of implementation for the activities priority List of Attitude to Green Technologies / Economy / Technologies Green to Attitude Breakdown of Survey Respondents by Company Age by Company Respondents Survey of Breakdown Potential market values for selected high performance green technologies f technologies green performance high for selected values market Potential Daughter companies of Baiterek holding Baiterek of companies Daughter BCC total loan portfolio and PAR>90 days, end of period 2010-2019. period end days, of PAR>90 and portfolio loan total BCC Importance of ‘Green Measures’ to the company to Measures’ Importance of ‘Green Percentage of leasing by type and sector of economy and by type leasing Percentage of Estimated market volume for Motors for M/SMEs in thousand USD thousand in M/SMEs for Motors for volume market Estimated Breakdown of Survey Respondents by Equipment of Age Respondents Survey of Breakdown Green investment measures implemented and planned and implemented measures Green investment ForteBank total loan portfolio and PAR>90 days, end of period 2015- period of days, end PAR>90 and portfolio loan ForteBank total Daughter companies of KazAgro Holding KazAgro of companies Daughter Estimated market volume for Pumps for M/SMEs in thousand USD thousand in for M/SMEs Pumps for volume market Estimated Dynamics of assets, own capital and reserves, end of period, 2015- period, end of reserves, and capital own ofDynamics assets, Average Age of companies’ main Property main of companies’ Age Average Breakdown of Survey Respondents by Business Activity by Business Respondents Survey of Breakdown Dynamics of assets and loan portfolio, end of period 2016- endperiod of portfolio, loan and ofDynamics assets Distribution of micro and small SME loan portfolio by Sector, end of 2018 end by Sector, portfolio loan SME small and micro of Distribution Estimated MFO KMF business loan portfolio breakdown by sector, July 2016 July by sector, breakdown portfolio loan business KMFMFO Estimated ......

2019.

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...... or M/SMEs M/SMEs or

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...... 100 102 101 103 164 101 166 90 91 62 97 86 55 99 53 53 52 54 20 45 35 52 50 24 42 13 25 51 17 43 31 6

Page Page v TABLE OF CONTENT Figure 33 waste ADB Kazakhstan: Scoping the Green Investments Finance Program - Sco - Program Finance Investments Green Scoping the Kazakhstan: ADB Figure 31 Figure 34 Figure 32 Figure 35

Estimated market volume for Lighting for M/SMEs in thousand USD in thousand for M/SMEs Lighting for volume market Estimated Commercial Vehicle Sales in Kazakhstan, number of units of number Kazakhstan, in Sales Vehicle Commercial Share of coverage of population by services for the collection and di and collection the for services by population of coverage of Share Share of solid waste processing in the Republic of Kazakhstan of Republic the in processing waste Share solid of Concept of continuous improvement of Plan- of improvement Concept of continuous ...... Do -Check-Act (PDCA) -Check-Act ping Studyping

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...... sposal of solid solid of sposal 109 106 131 143 132

Page Page vi

TABLE OF CONTENT ADB Kazakhstan: Scoping the Green Investments Finance Program - Sco - Program Finance Investments Green Scoping the Kazakhstan: ADB KZT MFO AMFOK AFK EE RE KMF BCC DAMU KGIFP ADB L IST OFIST

ABBREVIATIONS Kazakhstan tenge tenge Kazakhstan Organisation Finance Micro Kazakhstan of Organizations Microfinance of Association Kazakhstan of Bank Association Energy Efficiency Renewable Energy KazMicroFinance Bank Credit Center Fund" JSC Development “Entrepreneurship Program Finance Investments Green Kazakhstan Bank Development Asian ping Studyping - Final Final Page Page 1 EXECUTIVE SUMMARY DAMU week first the in anticipated is workshop This discussed. and presented stakeholder awider group with of and potential partner banks,the resultwhere ADB Kazakhstan: Scoping the Green Investments Finance Program - Scoping Study Study GreenADB Kazakhstan:- the Scoping ProgramInvestments Scoping Finance A The Scoping Study firmly established is forroom and a need there that 1.1.1. 1.1. The scoping study preparedwas based on: 1 No competition: No The final step in t in step final The describedare in detail in the report. findings important most the of overview an provides summary executive The prah ih ae svn tcnlge i te giutrl etr Te prepa The sector. agricultural the ear the at 2020, Q2 before expected in is product loan viable no and commencing technologies saving water with approach Se of as but line, credit potential a for market the for review to allowed starting not has which of structure the Kazakhstan, in million 3 offer. EIB the and requirement market the between gulf segmentmarket this enter to trying been technologies invested in M/SMEsby only). potentia annual the of 27-36% on based rate absorption an on based t up of period a over run normally would nature this of line calculati credit The materials). and equipment performance lower against replacement and per alone, high efficient) against equipment obsolete replace to required million 55 USD viable Partner Banks yADB. s also is which partner, potential a as KMF MFO the earmarked has EBRD that noted

credit line of at least USD 60-8 USD least at of line credit . . . .

conference Almaty.hall in There is an opportunity for agreen technology credit line: products and processes for the planned ADB intervention. ADBintervention. planned processes the and for products with workshop A M/SMEs; survey with aquantitative on based research Primary Kazakhstan; stakeho other suppliers, technology agencies, development IFIs, agencies, and departments face- a on based research Primary Kazakhstan; markets in technologies and programmes and plans M/SME legislation relevant for activities, other and market IFI sector, banking the investments, green sectors, about information secondary available publically the of review detailed A Overview of Summary Results Results Summary of Overview E XECUTIVE XECUTIVE he project ‘Scoping the Green Investments Finance Program for ADB is a fin a is ADB for Program Finance Investments Green the ‘Scoping project he

There is currently very little competition from other IFIs for green inv green for IFIs other from competition little very currently is There uey n h MSE sector M/SME the in purely S DAMU UMMARY management for the review of results and elaboration of suitable loan loan suitable of elaboration and results of review the for management 0 million

in to Kazakhstan for several years, but so far unsuccessfully due to the to unsuccessfully due far so but years, several for Kazakhstan – face discussions with banks, industry associations, government government associations, industry banks, with discussions face

could be utilized, based on the calculated ANNUAL volume ANNUALcalculated the on based utilized, be could ie ti cluain xlds xetd equipment expected excludes calculation this (i.e.

World Bank has a grant programme of around USD around of programme grant a has Bank World -Final -Final o four years. Our careful assumption is assumption careful Our years. four o ptember 2019 seem to focus on a pilot a on focus to seem 2019 ptember tlzto utl o. BD s slowly is EBRD now. until utilization a l of USD 55 million (high performance (high million 55 USD of l greeninvestments financing product. of November and will be held in the in held be will and November of omne ehoois (resource technologies formance and recommendations, which recommendations, and s andthes wayforwardwill be liest. n os osdr ht a that consider does on

een as one of the most the of one as een However, it should be should it However, ain td i only is study ration estments. EIB has EIB estments. , government government , al workshop al lders in in lders Page Page 2 EXECUTIVE SUMMARY in the long-termin now 28%). However, M/SMEs continue facing challenges such as: shoul (SMEsgovernment the of target expressed an is sectors M/SME the Developing geographically close more to the industrializedmain urban centres and that regio i.e. (9%), region Almaty and (10%) Nur-Sultan (11%), Region Turkestan (14%), Almaty geograp are SMEs active of majority The enterprises. active considered were million er old years ADB Kazakhstan: Scoping the Green Investments Finance Program - Sco - Program Finance Investments Green Scoping the Kazakhstan: ADB 1 of As 1.1.2. Market Survey Source: viability the determine that factors key the of overview an 1 Table rmr mtvto o MSE i fr e eupet o mrv qaiy co quality, improve to equipment However, givenmajority theold that installedequipment of certainlyyears is over5 new for is M/SMEs of motivation primary investment technology green for Sector M/SME the in appetite sufficient is There problems that prevent banks from lendinglarger toproportion a of the SME sect info company and documentation financial collateral, creditworthiness, of Lack number microof enterprises, arewhich not necessarily creditworthy. s trade and retail the because entirely sector, not industry is by This portfolios loan M/SME trade. and retail in engaged is M/SMEs of majority vast The SMEs. loan easier development business and made have and finance subsidies rate guarantees have helped to reduce interestthe barriers to accessing for including programmes programmes, support Government will will replace equipment.old equipmenmodernizing interestedin are M/SMEs of majority the Furthermore, performance technology. M/SMEs in Services (hotels, healthcare, healthcare, (hotels, Services inM/SMEs . . . . M/SMEs in Retail and Trade Trade and Retail inM/SMEs restaurants, education, etc) etc) education, restaurants,

M/SMEs in manufacturing manufacturing inM/SMEs

M/SMEs in Agriculture Agriculture inM/SMEs st The M/SME Sector inKazakhstan: aur 21, hr wr 15 ilo SE ad SE rgsee i Kzksa, but Kazakhstan, in registered MSMEs and SMEs million 1.5 were there 2019, January access to finance access finance to staff expert and/or know-how technical of lack regulations trade inspections and licensing business in bureaucracy excessive a eeg svn o a lat 0 i cran f h od qimn i r is equipment old the if certain is 20% least at of saving energy an , programme from the perspective of M/SMEs: M/SMEs: ofperspective the from programme

Equipment >5 years old old years >5 Equipment % of installed installed of%

45% 36% 61% 29% DAMU

fo ’s r ping Studyping replacing equipment equipment replacing interested in in interested % M/SMEs M/SMEs % egment also includes a very large very a includes also egment

are more are densely populated. - Final - 72% 66% 81% 62% of a green investments finance investments green a of t and state that they most likely most they that state and t

or. or. rmation are among the main the among are rmation pttvns ad capacity. and mpetitiveness

s however. Currently the Currently however. s ,in reflected by the split of split the by reflected d generate 50% of GDP of 50% generate d hically concentrated in concentrated hically most cases over 10 over cases most pae aant high against eplaced of investing in new in new investing of % High likelihood likelihood High % ns, which are which ns, equipment equipment 95% 78% 83% 79% ny 1.2 only

Page Page 3 EXECUTIVE SUMMARY detail asdetail potential partner banks the planned for ADB credit line: Ins Micro-Finance one and banks three Study, Scoping the of part As 52% of in comparison to the beginning 2018of (KZT 188.5 billion). bill 286.5 KZT weresector micro-finance the of assets total 2019, of beginning ADB Kazakhstan: Scoping the Green Investments Finance Program - Sco - Program Finance Investments Green Scoping the Kazakhstan: ADB tot the of 80% and number total of 34% for accounting Almaty, in located Kazakh of Republic in operating and registered were MFOs 167 2019, 30, April of As improving, which might be beginning of the positive trend in banking th of profitability the shrinking, is banks of number the Although National Source: Bank of Kazakhstan total assets in assets banks’ largest 5 of Share Total of commercial number banks RoE, average sector average RoA, sector NPLs% of (>90 as gross loans days) Client deposits as GDP %of Loan portfolio as %of GDP Banking assets sector GDP %of as Kazakhsta in figures main sector Banking the of Summary 3 Table th of beginning from 1.29% by decreased banks of assets total 2019, 1, June of As National Source: Bank of Kazakhstan Kazakhstan. in Banks 2 Table billion USD), 42.7%or of GDP wit banks foreign of subsidiaries 12 and capital foreign with which 2019 January of as Kazakhstan, of Bank National of data official the on Based 1.1.3. billion. naturally the banks interviewed a range do of have SMEloan products available as show r withcompetitordirect no is above,productavailable therestated As partnersDAMU of development programmes. financialinstitutions four substantialAll haveexperienceimplementin in subsidiaries of banks banks of subsidiaries capital foreign banks with share owned state 100% banks with banks, including: of number Total . . . .

The Banking Sector in Kazakhstan KMF (MFO Bank Shinhan Bank Forte Centercredit Bank

)

71% 39 29.2% 12.0% 23.8% 35.4% 47% 62.3% 2010 2012 2012 16 19 38 1 1 65.3% 38 -0.7% -0.1% 30.6% 26.9% 36% 44.3% 2011

2013 2013 45.7% 2012 60% 38 28.1% 1.9% 29.8% 28.1% 32.8% 14 17 38 1 1

45.1% 45.1% 2013 55.4% 55.4% 38 13.2% 1.8% 31% 28.8% 38.9% 2014 2014 14 16 38 1 1 ping Studyping e sector is recovering and the NPL profile is profile NPL the and recovering is sector e h total assets of KZT 25.24 trillion (66.5 trillion 25.24 KZT of assets total h sector. sector. 47.2% 2014 52.4% 38 13.2% 1.6% 23.5% 29% 36.7% egardsinvestments.However, green to 2015 2015 titution (MFO) were reviewed in more in reviewed were (MFO) titution g credit lines for SMEs and have been have SMEs forcreditlinesand g 13 16 35 1 1 n n

- Final - 57.6% 2015 59.2% 35 9.5% 1.1% 8% 37.8% 37.7% al MFO loan portfolio. loan MFO al ion and showing growth rates growthshowing and ion , there were 28 banks, 14 of 14 banks, 28 were there ,

2016 2016

11 15 33 1 1

stan. Of these, 57 are 57 these, Of stan. 57.6% 2016 58.2% 33 14.94% 1.61% 6.7% 38.9% 35% e year to KZT to year e n the table in below: 2017 2017 11 13 32 1 1

49.9% 49.9% 2017 57.6% 57.6% 32 -2.12% -0.25% 9.3% 34.5% 28.1%

24 2018 2018 At the At 12 14 28 1 1 ,921

42.7% 2018 63.6% 28 17.7 % 2.19% 7.4% 29.1% 23.1% Page Page 4 EXECUTIVE SUMMARY credit-line successful: be should that requirements the on follows as commented banks The efficient AC system) though to half a million moreor for production machinery etc. ADB Kazakhstan: Scoping the Green Investments Finance Program - Sco - Program Finance Investments Green Scoping the Kazakhstan: ADB 60months to Up PFI standards by internal permissible maximum Maturity: Loan programmes) Woman inBusiness MSME and 900,000,000KZT to Up (EBRD entities: legal For SmallBusiness Loan program 210,000,000EBRD to Up programme) Woman in Business KZT to Up 550,000,000 (EBRD entrepreneurs: individual For amounts loan Maximum fun DAMU the in businessdevelopment of "Business Map 2020" Road participation by subsidy rate interest of Possibility For programmes: Current to market comparable Fixed, rate: Interest The average loan sizes for PFIs vary thebut following provides auseful guideline: Expert discussions banksSource: with perfectly feasible. perfectly Based on these averages, which can sustained be M/SMEsby Kazakhstan, in a green investments credit p.a. in KZT legal entities:For from 13.5% p.a in USD from 10% 15.5%p.a.inKZT, . . individual entrepreneurs: individual

. . .

"Business Road Map 2025" as well as other as well as 2025" Map Road "Business Simple Things”. Simple usde o u t 5% n/r ae usd o u t 1% n poss and 10% to up of subsidy rate and/or 50% to up of subsidies from from competitiveProvideco conditionsorderto creditthe inforline moneyof saving and other benefits. Many will require help to develop this understand must clients and attractive be must loans green for rates Interest Medium companies: USD 520,000 companies: Medium USD 125,000 companies: Small businesses:Micro USD BCC DAMU

within the priority sectors under the program for support a support for program the under sectors priority the within Investments for green technologies can start from a few hundred few a from start can technologies green for Investments

These conditions should include at the minimum competitively priced credit priced competitivelyminimum the at include should conditions These

Up to 84months to Up 1,080 billion KZTADB programmes: to up KZT equivalent in USD of 3million EBRD programmes: KZT EBRDin from fixed 14%p.a inKZT, ADB variable p.a from 12.5% programmes: Current 25 ,000 ForteBank ForteBank

DAMU Up to 500,000USD to Up KZT; 150,000,000 to Up 5%p.a.in USD KZT; 15%p.a.in From programmes: Current Up to 60months to Up porm f upr and support of program d

programmes such as “Ondiris” and “Economy of “Economy and “Ondiris” as such programmes Shinhan Bank ping Studyping

nform to criterianformtosubsidyfor interestrate fulfilled to make a green investments green a make to fulfilled understand the real benefit in terms in benefit real the understand

- Final - nd development of business of development nd

blt o adtoa grant additional of ibility 3,000,000 to up “Shanyrak” KZT to Up 20,000,000in 42% p.ainKZT. product” “Shanyrak” inKZT; rateAverage interest 25%p.a. “SME” loan: programmes: Current Up to 60months to Up “SME” loan: dollars (a window, an window, (a dollars KMF ing; ing;

(MF KZT O) O) line with line

line line is Page Page 5 EXECUTIVE SUMMARY ADB Kazakhstan: Scoping the Green Investments Finance Program - Sco - Program Finance Investments Green Scoping the Kazakhstan: ADB eind o srn swn ad avsig Oe te at er, h dema the years, last b offeredmostly is leasing the of type this but increased, also has equipment Over harvesting. and companies sowing spring agricultural for for designed interesting most been traditionally has Leasing Almaty.24.9% in were contracts leasing of (69.7%) thirds two than More 7.7%. for accounted 41.7% theof total volume of financial contracts, leasing agriculture accounted for 28.2%, m and KZT 224.1 billion and increased 34.4% by over the contr leasing financial of volume total the Committee Statistics the to According 1.1.4. Many Many the p of ......

mightClients also frombenefit periodic information sessions specific for types technof mustProduct accompaniedbe TA and by know-how in each industry/sector; mustProduct asbe simple as possible; know initial on “green” equipment suppliers via clients to advice technical and support Investor a supporting vehicle for programme implementation; (viaaccreditation investment” “green or programme Certification that Ensure Banks’ internal bank policy maximum of loan maturity is 7 years); permit maximum the with line in be least at shouldloan the of term Maximum actu include must clients as well technology implementation as as monetary well benefits for implementation of this technol as staff line front bank with Seminars outhand material; marketing and information substantial a requires investments Green such for conditions preferential advantage; special and/or support Government a similar or tool either on bank website or separate programmeor the website anexamplefor is there ifachieved be canbenefitsunderstanding of Better pr clientsdifficultieshave and rate, understanding variations periodici prog ADB (current fixed is line credit the for rate interest the that Ensure Governmental 3.4 to refer please note be should It programmes Programs. these on details For component. Road Road Map 2020. o details provides therefore 3.4 Section yet. known not are terms final the clear clear product definition and criteria, and include case examples success and stories; programme; frontline must act advisory as an service to clients, consulting them were t The Leasing Sector inKazakhstan oduct oduct is difficult to implement); nenl tf ms rcie dqae riig n odtos tools conditions, in training adequate receive must staff internal rivate rivate leasing companies prefer focusto ‘movable’ on equipment. promotional materials provide explanation as to what “green financi “green what to as explanation provide materials promotional d that the ‘Business Road Map 2025’ Map Road ‘Business the that d ; 2016 Leasingresults. contracts transport in accounted for ping Studyping is currently under development and development under currently is y KazAgroFinan y DAMU for other authority) might be might authority) other for DAMU hw n frhr aneac of maintenance further and -how n repayment n thusschedule the and

- Final - campaign, including promotionalincluding campaign,

d o laig f processing of leasing for nd completed in Nur Sultan, and Sultan, Nur in completed ih fcs n equipment on focus a with

ramme has variable interest variable has ramme

energy efficiencyenergycalculator netet wud e of be would investments f the terms of the Business the of terms the f acts in 2017 amounted to amounted 2017 in acts n bnft o potential of benefits and l ae tde o green of studies case al DAMU ted loan term (currentlyterm loan ted ce ng” means, provide means, ng” and BRK Leasing BRK and website; ologies. ologies. o saveo money; /M Sector M/SME anufacturing ogy; ogy; . Page Page 6 EXECUTIVE SUMMARY ADB Kazakhstan: Scoping the Green Investments Finance Program - Sco - Program Finance Investments Green Scoping the Kazakhstan: ADB performa their and in Kazakhstan companies leasing main 4 Table Leasing that works mainly with the manufacturing industry, mechanical engineering att be can industry, respects food the for many equipment of in that as well 2017: as segment in increased has leasing equipment energy of financing The Rating Expert Agency KazakhstanSource: economy of type/sectorby leasing of Percentage 1 Figure segmentspecific is the leasing construction of equipment. frvolume increasedtotalfreighttheshare vehiclesin 2017, of the Insegment. truck was 2017inactivity of focusmain companies leasingprivatethe For companies. can sectorinvestments green frominterests this M/SMEs, many in for true is segmentsmarket that refrainbanks from, i.e. companies o lesswith collateral capacity. As the lackof col institutions partner financial as considered be should companies Leasing Rating Expert Agency KazakhstanSource: Leasing Forte Group Leasing Al Sakhr Finance Company Idjara Kazakhstan BRK Leasing KazAgroFinance companies leasing six Top

01.01.2018, in mln in 01.01.2018, Portfolio, 165,425 173,052 1,087 2,335 2,655 5,742 KZT KZT

Portfolio, 01.01.2017, 01.01.2017, Portfolio, in mln KZT KZT mln in ping Studyping 191,266 87,653 1,642 1,550 3,104 997 on

the transport market, primarily in themarket,intransportthe primarily ributed to major transactions of BRK of transactions major to ributed

nce: nce:

- Final - more easily be served via leasing via beservedeasily more te rdt ie a te serve they as line, credit the f

and transport. om 4.8 to 5.7%. Another5.7%. 4.8to om Number of leasing of leasing Number te rwh f this of growth the , deals in 2017 in 2017 deals 1,879 18 53 16 36 45

lateral

Page Page 7 EXECUTIVE SUMMARY Product pricing: features: of post-installationof technical evaluation. oper is process the and borrowersby understand to easy is value market basis monthly the on paid are they as manage in to difficult more also are subsidies confusion create might terms different with subsidy pro many under exist already hand other the on subsidies rate Interest ADB credit line from common programssupport as investors will become more demanding with regards to policy support. effect push a create certainly would nature green Kazakhstan’s support better to improved be can framework policy The potential barriers and how these may barriers be overcome. under sufficient have and exist institutions partner financial Potential technical choices is a must. ADB Kazakhstan: Scoping the Green Investments Finance Program - Sco - Program Finance Investments Green Scoping the Kazakhstan: ADB moment the at Kazakhstan fact in grants offering following the is incentives grant of favour In promotio grants, of instead chosen examples. The following rates should considered:be are subsidies rate interest If subsidies.rate grant understand therefore and affine financially less are M/SMEs many However, financiallyattractivemoresubsidised principle, interest are ratesIn Interest rate subsidy/grant recommendation: and associations banks, Stakeholders, 1.2.2. B million. 60-80 USD lineinvestments of credit green is marketThere demand in Kazakhstan. Based calculations,on M/SME in the Kazakhstan sector sus can 1.2.1. 1.2......

least for a first credit line of this nature, grants in the should range 15-25% conof be result in a significantly higher resource saving and carbon reduction could forgrants renewable energy should higherbe than for energy efficiency. Combi subsidythe must cover the lifetime of the loan 50% of nominal rate investments on focus and capital, instrumen support needs. other financing other and working capital working for cater DAMU, which from are There of “green”. considered be financing would which exclude technologies, should programme The Interest rate subsidy and grants energyfor efficiency loans and/or higher subs Interest rate subsidy for Green loans investments, such as Solar PV, Solar Water Heaters (SWH), other renewables Product Features Opportunity for a Green Investments Credit Line inKazakhstan Conclusions and Recommendations Recommendations and Conclusions DAMU in , the market that would have a knock-on effect on green policy, green on effect knock-on a have would that market the agree that the future loan product must have the following the have must product loan future the that agree opening up a good opportunity for differentiating the planned the differentiating for opportunity good a up opening .

ut , awareness raising and assistance in making the rightmaking the assistance in andawareness, raising n ohr upr porme r rdt ie is line credit or programme support other no : ationally simpler, but will require some form some requirewill but simpler,ationally ping Studyping than grants, which are a one-off payment. one-off a whichthangrants,are a mtra ms icue calculation include must material nal . standing of the concept to appreciate to concept the of standing grams. Adding one more interest rate interest more one Adding grams. From an operational point of view view of point operational an From

- Final - goals. But a credit line of this of line credit a But goals. . A grant is only paid once, the once, paid only is grant A . deserve a higher Atgrant.

s more easily than interest than easily more s idy/grant for ned measures,ned which sidered. ‘ ts available available ts Very Very Green tain a in in ’ Page Page 8 EXECUTIVE SUMMARY In addition to financial incentives, investment the product should complemented be b semi-private funds. This matterto exploredbe is ADB. by Bank, World are component grant required the of sources Potential ADB Kazakhstan: Scoping the Green Investments Finance Program - Sco - Program Finance Investments Green Scoping the Kazakhstan: ADB Subsequently the following incentive options emerge: sec priority cover only subsidies insufficiently support sectors as such trade, tourism and otherservices. rate interest supported Government An extension of existingDAMU products/brands is possible, as such for example: DAMUthe family of products on one the hand tobut occupy own its distin p distinct a with and campaigns raising awareness with product the Kazak in benefits their and technologies green of awareness low the Given 1.2.3. M/ a stimulate to and programs loan concessional other among line credit i vital iscomponent grant stand-alone or additional an view, our In resource efficiency potential. wi sectors exclude and sectors priority the to line credit the limit may durat project the budgetedDAMU/governmentfor andconfirmed officially with and rat interest cred Green providing ADB planned the for funds government from guarantees of possibility the confirmed preliminary has DAMU would would calculated be as USD of line credit available total a across portfolio of split (%) 80/20 tre wastewater renewables or small-scale penetrationas market levels such low incip and innovative for available made be could 25%) to (up of grant of level o 15% be should grant of level minimum the associations, and banks Kazakh ...... SMEs across all sectors. According to our experience in other countries other in experience our to According sectors. all across SMEs

below: detail more discussed are These in factors DAMU of trainnig and building capapcity wider and Additional Banks Partner of trainnig and building Capapcity promotion and Marketing investments: energy renewable Innovative investments: technology performance Good/high 15- ADB grants Business of Roadmap); (instead subsidy rate ADB interest approval); Government (needs subsidy rate interest Increased Government subsidy); gov standard of top (on Government interest rate subsidy (as it is now under Business Roadmap) plus ADB int of ADB grants plus Business Roadmap) under is now (asit subsidy rate interest Government Roadmap); Business under is now (asit subsidy rate interest Government Product Positioning and Promotion 25% USD 12.74 million only; only; : 75*0.2*0.25 75*0.8*0.15 ping Studyping n order to differentiate the planned Greenplanned the differentiate to order n it line. This needs to be discussed further discussed be to needs This line. it EU, UNDP and potential other private or private other potential and UNDP EU, roduct image and positioning to fit into fit to positioning and image roduct th a large number of M/SMEs and high and M/SMEs of number large a th

75 million, the required grant amount grant required the million, 75 ppetite for green investments among investments green for ppetite ct position on the other hand. and based on our interactions withinteractions our on based and

- Final - hstan, we recommend combining recommend we hstan, os n ecue rd and/or trade exclude and tors sbiis n la collateral loan and subsidies e atment systems. Assuming anAssuming systems. atment f the loan amount. A higher A amount. loan the f ient green technologies with technologies green ient

ion period.ion y technical assistance in: erest erest rate subsidy

However, thisHowever, 15 -25%; Page Page 9 EXECUTIVE SUMMARY borrowers: order in combined be should which approaches, two are There results. Promotion channels include: ADB Kazakhstan: Scoping the Green Investments Finance Program - Sco - Program Finance Investments Green Scoping the Kazakhstan: ADB will get them to this goal. Therefore, a successful green credit investment line has promotion, bonus, their obtain and reach to order in fulfil time, same the At customers. their to offer can they officers products Loan of variety fail. will programme the motivated, are officers loan and committed lending greenany of success of pillars main the of one are Banks Partner 1.2.4. n osal ietfe is identified obstacle One 1.2.5. p as companies leasing including recommend institutions. strongly also would We ......

. . .

o pcfc efrac ciei dfnd t oenet ee. frt ugsin f po of suggestion first A level. government at defined criteria performance specific no Energy efficiency calculator on on calculator efficiency Energy mass and social media Online, Associations DAMU institutions financial Partner Definition of Energy Efficient/Green technology performance criteria: performance technology Efficient/Green Energy of Definition Partner Banks Requirements regarding Technologies Incentivises loan officers through: through: officers loan Incentivises way uncluttered and simple a in knowledge with officers loan Provides processesSimple and on-the job support support job on-the and o o o o o ’s own channels ’s own

Recognition: awarding well performing loan officers through public recognition s recognition public through officers loan performing well awarding Recognition: bank scheme ofthe g the into target, related bonus own its with line, credit the building by programme Bonus In USD/KZT terms for the loan maturity and information on financial advantages of of advantages financial on information and maturity loan subsidies /grants the for terms USD/KZT In potential savings Energy/water abroad abroad Competitions: awarding highest fi performing green in loan training officers e.g. with ceremonies, award – the to Key Success M/SME’s

ak f ehia ko-o rgrig re slto, hc deliver which solution, green regarding know-how technical of lack – DAMU either as a stand-alone bonus scheme dedicated to the credit line or, or, line credit the to dedicated scheme bonus stand-alone a as either website, covering: covering: website, etc. Loan officers will take the easiest route that route easiest the take will officers Loan etc. ping Studyping to inspire confidence in prospective in confidence inspire to program. Unless Partner Banks areBanks Unless Partner program.

- Final - they have performance targets to targets performance have they

the followingthe features: – through specific training training specific through

omly ae wide a have normally

At present there are are there present At eneral performance performance eneral rnr financial artner uch a uch nance nance ssible s Page Page 10

EXECUTIVE SUMMARY Green TechnologiesGreen and Green Solutions ADB Kazakhstan: Scoping the Green Investments Finance Program - Sco - Program Finance Investments Green Scoping the Kazakhstan: ADB economy. This creates a unique opportunity for opportunity unique a creates This economy. developme the wit tasked been have entities sector,whM/SME the on focusdirectly any processes.Hardly of number larger A economy. tu of green programme ambitious an on embarked has Kazakhstan of government The 1.5.1.

competent basis of basis techn competent a and above, described as product, financing investments green a With impact on the and especially its green economy ambitions. . .

low technologies. The performance arange, reflect criteria study suggested scoping the of as a result For complex solutions solutions complex For solutions standard / simple For underline will approach and adopted If report. this in included is technologies various for criteria performance more attainable to a wider group of investors. investors. of group awider to attainable more suggest as range a adopting whereas expensive, very are which only, technologies efficient high very on afocus avoiding whilst technologies, ofefficient rate penetration market the allows increasing The RoleDAMU of - - - - er quality equipment to high quality equipment, which are all available in the market. market. the in available all are which equipment, quality high to equipment quality 1.5. 1.4. 1.3. Create Create a list of suppliers and to build up a solid supply and after-sales service base. after-sales and supply asolid up build to and meet which extending allow technologies, even might ADB of list. this join installers to invited be can defined, and be to criteria performance minimum suppliers vendors, manufacturers, local and chosen. been has technology suitable invest to confidence giving whilst officers, loan on burden the reduce greatly can PV, such items include even can which techn equipment, complex green standard a of for list A need assessment. no is there case that In achieved. be will savings carbon and energy of level suitable a model, performance high new, a against replaced is conditioner air o opeet h ls o tcnlge, a technologies, of list the complement To technologies new include to regularly updated is it etc. standards, performance higher potentially that sense the in dynamic but static

line has been completed has completed been line t after role this on take to staff technical training and hiring in supported to transfer knowledge of level certain A at line. credit initial the of duration the least for borrowers, to charge of free be a should This through program. required assistance are technical dedicated services advisory expert solutions, technical complex these For combination. correct the easy achieve to is not it savings, carbon and resource of terms while in result the higher combination Also, much a measures render several simple of can assessment. technical more requires and standard never is equipment Production DAMU and installers should be made available and updated on regular basis. International basis. International regular on updated and available made be should and installers can easily be turned into green competence that is destined to have a sig a have to destined is that competence green into turned be easily can standard standard solution loan DAMU s to these companies to bring the required technologies technologies required the bring to companies these to s s oiin s centre a as position ’s

in the M/SME sector.

for more simple green technology solution: if a 10 year old ifa10year old solution: technology simplefor green more DAMU

It is important to note that such a list should not be be not should list a such that note to important is It to become the true true the become to DAMU dynamic list of manufacturers, vendors, vendors, manufacturers, of list dynamic ich represents a significant part of Kazakhstan’ssignificant represents ich of a part ping Studyping of competence with regards to green green to regards with competence of should be targeted, or or targeted, be should

- Final - Centre of Competence for Competence of Centre ical assistance package, the package, assistance ical

nn te onr it a into country the rning t f rgas and programs of nt DAMU in he initial credit credit initial he promoted, this this promoted, to the country country the to should be be should This range range This ors that a that ors as Solar Solar as nificant from from ed is ed ical ical , Page Page 11

EXECUTIVE SUMMARY ADB Kazakhstan: Scoping the Green Investments Finance Program - Sco - Program Finance Investments Green Scoping the Kazakhstan: ADB ping Studyping

- Final -

Page Page 12

THE BANKING SECTOR IN KAZAKHSTAN 2 report. As 1, June 2019, of total assets banks of decreased 1.29% from beginning KZT of year the to This reduction theby massive offswrite of the historic bad debt resulted in the n bee has sector banking the 2018, in portfolio loan bank’s the from trilconsiderationinto2 Taking over thatnegative.sector banking was indicates this and year, last 5% was which rate, inflation the below was 4.5% ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB t of increase 4.5% a showed billion.244 KZT25 Kazakhstaninsystembanking to 2018 of end (-5.2%), 2017 in decline significant a After sized enterprises ( industrialpolicy2 its economythrough the diversifying in role wit 2017, in annum,duehigher to oil productionandincreased manufact tradeand increased activity economic growth, subdued of years two After National Source: Bank of Kazakhstan Kazakhstan in sector Banking 5 Table foreign banks with total assetsKZT 25.24 of trillion (66.5 billion USD d official the on JanuaryKazakhstan,as 2019,of thereof were28foreign with banks,14 which cap Based concentrated. increasingly and small relatively is system st legal special a with Kazakhstan, of Bank Development the excluding system, l present banks other All Kazakhstan. of system banking the of tier (first) bankingsectorsystem.Kazakhstan inThe TheNationalBankhasa two-tier ofKazakhs 2.1. 2 1 average RoA, sector days) (>90 loans gross of % as NPLs of GDP % deposits as Client of GDP as% Loan portfolio GDP of % as assets sector Banking Year / Indicator sector banking of intermediation Financial 6 Table subsidiaries of banks banks of subsidiaries capital foreign banks with share owned state 100% banks with banks, including: of number Total In

Development of Kazakhstan2010 , „Kazakhstan Kazakhstan, of Government KZ for applied been has KZT/USD 380 2019 1, January of as oanda.com KZT/USD, 380

dicator / Year dicator /

Overview Overview T HE

B M/ ANKING ANKING SMEs) and their access to finance. –2014”, 2010.Nur Sultan. –2014”, S ECTOR IN 12.0% 23.8% 35.4% 62.3% 2010 2010 47% - 2050“ strategy, 2012, Government of Kazakhstan, "The Accelerated industrial Accelerated "The Kazakhstan, of Government 2012, strategy, 2050“

2012 2012 16 19 38 1 1 30.6% 26.9% 44.3% -0.1% 2011

36% K 2013 2013 AZAKHSTAN

14 17 38 29.8% 28.1% 32.8% 45.7% 1 1 2012 1.9%

According to the Moody’sAccording agency, the asset total to of growth 2014 2014 28.8% 28.8% 38.9% 45.1% – 2013 2013 1.8% 1.8% 31% 31% and programmes to support small and medium- and support small to programmes and 14 16 38 Scoping Study - Final Final - Study Scoping 1 1

n growing at a good pace of above 20%. above of pace good a at growing n 1 23.5% 36.7% 47.2% 2015 2015 ), or 42.7% ), or of GDP. 2014 1.6% 29% uring. Theuring. governmentanplays active lion of problem withdrawnwere of loans lion 13 16 35 1 1

ower (second) tier of the banking the of tier (second) ower T/USD conversions in this section of the the of section this in conversions T/USD 37.8% 37.7% 57.6% 2015 1.1% 8% ominal growth onlyof 4.5%. 2016 2016 GP rwn a 4 per 4% at growing GDP h atus. Kazakhstan’s banking Kazakhstan’s atus. that the real growth of the of growth real the that 11 15 33 1 1 ital and 12 subsidiariesitaland12 of t o Ntoa Bn of Bank National of ata

tanthe presents upper 1.61% 38.9% 57.6% 2016 6.7% 35% 2017 2017 tl ses f the of assets otal 11 13 32 24 921 1 1

-0.25% 34.5% 28.1% 49.9% 2017 9.3% -innovative -innovative 2018 2018 billion. 12 14 28 1 1

2.19% 29.1% 23.1% 42.7% 2018 2018 7.4% Page Page 13

THE BANKING SECTOR IN KAZAKHSTAN approximately same the percentage (62.1%) of banking loan portfolio. As of 1 March 1 of As into Bank finalized second half 2019.of Tengri and Kazakhstan Bank Capital Bank, Credit Asia of merger a ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB significantly was provisions of level the as 2018, in However ROA). and ROE (negative loanwhichportfolio,average the of 9% about toamounted deductions 2010-2019. sector, RoE banking of RoAand 2 Figure and ROE 17.7%).of 201 of (end 12.87% ROE and 1.58% showed sector banking of ROA 2019, March of As 2.1.1. completedForteBankBank. inKassahas 100 acquisitionJýsan its percent Nova of was bank The 2019. February in bank Tsesna of percent 99.5 acquired Securities B Halyk into merger Kazkommertsbank’s Eximbank. and concentrationmarket increased. has In 2018, small banks the three market: left of Qazaq Bank, Bank Astana have banks several years, recent In investors. private local by owned are banks Most improving,sect which might be beginning of the positive trend in banking the of profitability the shrinking, is banks of number the Although National Source: Bank of Kazakhstan assets in total assets banks’ largest 5 of Share commercial of banks number Total sector average RoE, 3 increased the for need the of pressures the felt profitability 2017 In Source: 2%, profitability profile improved as demonstrated theby positive returns on assets an

https://forte.bank/press-releases/765312/ National Bank of Kazakhstan

Profitability and Risks 2019, the five biggest banks accounted for 63.6% of the total banking sector by assets, an assets, by sector banking total the of 63.6% for accounted banks biggest five 29.2% 71% 39

65.3% -0.7% 38 28.1% 60% 38 ank was completed in July 2018. First Heartland First 2018. July in completed was ank 55.4% 55.4% 13.2% – Scoping Study - Final Final - Study Scoping 38 sector. sector. 52.4% 13.2% 38 drove profitability of the sectordown the profitability droveof eevs o psil la losses loan possible for reserves or is recovering and NPL profile is profile NPL and recovering is or 59.2% 9.5% 35 n ett, xetd o be to expected entity, one subsequently renamed into renamed subsequently May 2019May d equity. equity. d merged or closed and closed or merged 14.94% 58.2% 33 lower 8 was ROA 2.19% ROA was 8 3 . Underway is Underway . – about 1.5- about -2.12% 57.6% 32 d d – 17.7 % 63.6%

28

Page Page 14

THE BANKING SECTOR IN KAZAKHSTAN

ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Kazakhstan 2014-15, In 2.1.2. banking sector will further improve over coming monthsthe 12-18 alsoexpectationsTherecriteria lendingthat w liquidity.overall are better quality, asset improved mentioning “positive”, to “stable” from sector banking mid- the up in clean profile, to profitability regulator the of measures consistent the of consequence a As 6 5 PBC_1171845 4 B sbriae las ih mtrt o 1 yas n lw inter low capital shareholders;by and (iv) improvements in the regulatory and supervisor and years 15 of maturity a with loans subordinated NBK injecti capital KKB);(ii) and largest banks(Halyk two of merger pillars:(i) four ProgrRecovery Bank adoptedKazakhstana of Bank National the 2017 August In hindered the actions to prevent the growth of vulnerabilities exposures. and powers and authority regulatory Limited lending. related-party or b Kazakhstanspecif This framework. management credit risk strategicgovernance, planningand the in difficulties for reason main the shocks, den FX USD external (mostly FX in was portfolio loan s bank banking total the to of added 25% further approximately this 2015, In value. in 30% around plunged slowed economy the As uncertainties. geopolitical and China, in slowdown loa pl took system banking country's the of clearing fundamental a 2017-2018, In bad bad debtsfrom (approxima tenge trillion 5.3 to close spent has lo government the 2017, problem early Acco BRP, of re-scheduled. and/or part restructured were as tenge, addition, billion 600 In approximately bank. Qazaq Eximbank, Bank, RBC DeltaBank, abou as well as Fund, Loan Problem the through assets BTA-Kazkom performing

https://www.intellinews.com/kazakhstan-s-banking-sector-under-pressure-b Adapted from Kazakhstan IMF the Adapted report 18/278. country

dpe from Adapted ns were withdrawn from the banks the from withdrawn were ns

Credit Loan portfolio and PAR

the the banks’ books https://www.moodys.com/research/Moodys-Kazakhstan-banking-system-outlook- ’s economy as well as its banking sector was affected by a collapse in oil prices, a prices, oil in collapse a by affected was sector banking its as well as economy pi 21 Moys aig aec ugae is oeat o te Kazakhstan the for forecast its upgraded agency ratings Moody’s 2019 April , which cost, which countrythe the equivalent the 2018 9% of of GDP

’ loan portfolios. This included transfer of approximately 2 trillion 2 approximately of transfer included This portfolios. loan – Scoping Study - Final Final - Study Scoping racing-for-more-manda- 4 of the National Bank of Kazakhstan have Kazakhstan of Bank National the of .

s rts (i) hsd neto o new of injection phased (iii) rates; est ill tightenandill overallprofitability of an on to other large banks throughotherlarge banks to on se cmlctos ie that given complications ystem ig etr a wanse in weaknesses was sector king tely USD 14 billion) taking over taking billion) 14 USD tely y frameworks5 ace: over 3 trillion of problem of trillion 3 over ace: on te aahtn tenge Kazakhstan the down, dn t Fth aig since Rating, Fitch to rding am (BRP). The program hadprogram The (BRP). am t 1 trillion problem loans of loans problem trillion 1 t raised- or ominated loans). Besides loans). ominated ically related to the insider the relatedto ically etr n te improving the and sector capitali -defaults-160929/ to -positive- ain a wl as well as sation, . n, aud at valued ans,

6 . on

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Page Page 15

THE BANKING SECTOR IN KAZAKHSTAN 2018, quoted 9.3% of rate official the problem loans times likely continued in also 2018 half a two is which loans, total of uie bnig eot ad eta bn etmts o te 07 icl year fiscal 2017 loansproblemofunderminunderreporting the for estimates bank central and reports banking audited 2018, with counter-measures real any taken not had but bank each in non-p about information complete had Bank National the recently, Until 8.3% andat 9.66% year: the of beginning since deteriorating been has PAR>90 of dynamics standing days PAR>90 with years, two past the over portfolio loan improvement significant a experienced have banks Kazakhstan’s Moody’s, to According issuance newof loans significantly exceeded figurethe for 2017 (+ 24.4%). sh s 2018 in banks of portfolio loan total the write-offs, massive results the with compared 1.3%increase of an billion), 36 USD or KZT trillion 13.7 2019 of beginning the at portfolio loan the assets, banking total of Out 22.4%. foreigncur in loans of share The loans.tenge replaced by loans were currency improvement in accessibility to funding in tenge. This is also evidenced by le by evidenced also is This tenge. in funding to accessibility in improvement In 2018, lending2018,growthoccurred In background the on of National Source: Bank of Kazakhstan ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB be PAR>90, portfolioand loan of assets, Dynamics 7 Table 7

https://www.adb.org/sites/default/files/publication/492711/ado2019-kaz-chapter the h dpt cara o te ainl ak cnwegd ht infcn discr significant that acknowledged Bank National the of chairman deputy the National Bank acknowledged that bad loans (PAR >90 days) in 2017 actu 2017 in days) >90 (PAR loans bad that acknowledged Bank National on 01.06.2019.

es 7 . trust in official statistics and trust in banking regulation. In bankingin regulation. official trust inand statistics trust a relatively stable situationrelativelystableeconomy the inand some – Scoping Study - Final Final - Study Scoping owed moderate growth (+ 1.3%), while the while 1.3%), (+ growth moderate owed ginning of period, 2010-2019 2010-2019 period, of ginning regards to those problem banks. In April In banks. problem those to regards -ru.pdf at 7.4% as of January 1, 2019. But the But 2019. 1, January of as 7.4% at accounted for 48.3% (approximately48.3% for accounted

erforming loans and other problems other and loans erforming As of March 1, 2019 PAR>90 was PAR>90 2019 1, March of rency decreased from 26.3% to decreasedfrom rency nding trends nding rvosy Udrauto of Undervaluation previously. a be ietfe. Such identified. been had of year-end 2017. Due to 2017. year-end of ally accounted for 23% for accounted ally in the quality of the of quality the in pnis between epancies – in 2018 foreign 2018 in May

Page Page 16

THE BANKING SECTOR IN KAZAKHSTAN ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB main the reason for the recent financial in a difficulties number Kazakhstani of ban sustainabildeterminingfactor importanttheir most the still is banks sector banking the of clearing on-going amid that noted Ratings Fitch 9 8 after the National Bank finish assessment of the quality of assets banks second-tier in b the in investments of share the increase to ready are they that stated mor the of one (EBRD), Development and Reconstruction for Bank European The

https://kapital.kz/economic/79586/ebrr-uvelichit-obem-investicij-v-bankovski https://forbes.kz/news/2019/04/24/newsid_197903/

– Scoping Study - Final Final - Study Scoping j-sektor-rk.html ity. Problems with the quality of assets isassets of qualitythe with Problems ity. , the poor asset quality of Kazakhstan of quality asset poor the , anking sector of Kazakhstan, but only only but Kazakhstan, of sector anking

ks e active IFIs in Kazakhstan in IFIs active e 8 9 . .

Page Page 17

THE BANKING SECTOR IN KAZAKHSTAN Recent Recent NLP Ratings: March 1, 2019, total loan portfolio ofKZT BCC was and 2018) reached KZT reached 2018) and Kazakhstan. in banks28 amongassets by placesixth the on BCC putting amo BCC of assets 2019, 1, March of as statistics Bank National the to According gover from deposits on decreased by endthe dependence of firstthe half 2018 of its and stable remains profile funding hi other and periods previous o amount significant indicates rating Stability 2018. December in revision formerly assigned to BCC. to assigned formerly simult and outlook, "stable" a with "B-" at CenterCredit Bank of rating term ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB pe ofend days, PAR>90 portfolio and loan total BCC 3 Figure stable as B/B at continues BCC of rating S&P s JSC Baiseitov (48.11%) and Vladislav Lee(10.43%). Holding Financial Tsesna and JSC shareholders Tsesnabank main 2019, March of Asrespectively).13.42%, and (27.96%CenterCreditBank 2018, March In JSC. Holding Ts by acquired been equityshareshave structure their BCC;shareholder of F International as well as Bank Kookmin 2017, In Kazakhstan. in banks commercial 19 September on established was Company Joint-Stock CenterCredit Bank 2.2.1. 2.2. 12 11 10 Source: National ofBank Kazakhstan For comparison,For the industry average 15.2%was and 8.3% respectively.

Adapted from Adapted

http://kase.kz/files/emitters/CCBN/ccbn_confirmation_rating_030419_38.pdf http://kase.kz/files/emitters/CCBN/ccbn_confirmation_rating_030419_38.pdf https://forbes.kz/process/sp_podtverdilo_reytingi_ao_bank_tsentrkredit_na_urov

. .

Bank CenterCredit Review of individual Banks Banks individual Review of NPL>90 days at 7.2% 7.2% days at NPL>90 1, 19.6% 2019 >30 at March days as were of NPL https://www-origin.fitchratings.com/site/pr/10068476 40 11 billion. Growth of the BCC loan portfolio for 2018 was KZT 162.6 billion 162.6 KZT was 2018 for portfolio loan BCC the of Growth billion.

gh (BCC) Latest Fitch rating reflects limited changes in the bank's solvency sin solvency bank's the in changes limited reflects rating Fitch Latest -risk assets, poor profitability and insufficient capital. At the same time, BCC time, same the At capital. insufficient and profitability poor assets, -risk

12 10 . . On April 3, 2019 rating agency FitchRatings affirmed long- affirmed FitchRatings agency rating 2019 3, April On .

1,025.2 billion. – Scoping Study - Final Final - Study Scoping

ne_v_v/ riod 2010-2019. riod 2010-2019. Total net profit for two years (2017years two for profit Total net esnabank JSC and Tsesna FinancialTsesnaesnabank JSCand

mardlas neie from inherited loans impaired f 18 ad s n o te first the of one is and 1988 , mn-eae srcue has structures nment-related aneously withdrew all ratings all withdrew aneously unted to KZT 1.5 trillion, 1.5 KZT to unted inance Corporation left Corporation inance l ter hrs in shares their old are Bakhytbek Bakhytbek are

ce the lastthe ce .

As of As Page Page 18

THE BANKING SECTOR IN KAZAKHSTAN micro/small/medium is based enterpriseon sales turnover: Segmen the 2017. in in created was department decrease lending M/SME but sector. Corporate sector, Retail in growth expecting also is Bank growth. s become has SME where strategy,corporate new a set has Credit Center Bank 2016, In 8% p.a. range. present At institutions. funding domestic and international other ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB sector Corporate department, relations 2019 May managemen the from feedback the on Based framework. 2020" Map Road "Business suppor programs government all virtually in involved actively is BCC country. bran 19 in throu customers network retail and branch entrepreneurs wide individual entities, own its has Bank products The and services segments. banking of corporate range wide offering bank, universal a is BCC 13 on aoe USD above Loans will optimise decision-making process to up 10 to days. Applicati assessment. credit in tool a as well as mechanism pre-assessment client as is scoring Credit enterprises. small and micro- for equivalent) (KZT USD 50,000 scorin credit developing is BCC present, At ). equivalent (KZT USD 200,000 to up entreprene individual for assessment cashflow-based simplified, uses bank The loantype criteria, seeplease Annex 0: Product Characteristics current for M/ and working capital, overdraft, and trade guarantees finance products. Fo and micro including clients, M/SME its for products of range a has BCC place inplace April 2019: optimizatio to as changes latest the with possible be might This days. is looking into possibility to shorten credit assessment as well as decision making pr analysiscreditprocedur detailed a corporateloans,large For analysis. s M/SME in rates Lending approximately 18%-25% p.a., non-performing loans p.a. (PAR>90 are days) in the 5%-7% range. 15% to close rate effective and p.a, 14.5% approximately por loan whole the on rate interest average weighted the of Estimation Meeting with Aidyn Doskariov, Director of SME department and Bolat Bizhanov, he Bizhanov, Bolat and department SME of Director Doskariov, Aidyn Meeting with ......

Loans over KZT over Loans the signs electronically. th Committee Credit in the cases of member loan Each review million. to 1,800 week KZT to a up twice amount meets HQ, the in place takes Committee Credit Small fo million 50 KZT to up loans on KZT or disbursement, power decision a have Committee Credit Regional medium medium KZT; 1 billion to - small up 100 KZT; mln sales to up entrepreneurs) (individual micro 13 , BCC is currently involved in around 20 funding programs including programs funding 20 around in involved currently is BCC , – up to 7 billion KZT. KZT. 7 billion to up 0,0 ( 200,000 1,800 Z euvln) a wl a mdu sz etrrss eur mr detailed more require enterprises size medium as well as equivalent), KZT 200,000 for loans undergoing restructure (change of original loan original of (change restructure undergoing loans 200,000 for million are reviewed and approved by the Supervisory board members. members. board Supervisory the by approved and reviewed are million

– Scoping Study - Final Final - Study Scoping , weighted average funding costs are in 7- in are costs funding average weighted , hs n 19 evc cnes cos the across centers service 109 and ches ting entrepreneurship, including DAMU including entrepreneurship, ting e might take up to 23 days. BCC bankBCC days. 23 to up take mighte tfolio for tenge denominated loans is loans denominated tenge for tfolio n of Credit Committee, which took which Committee, Credit of n r r details on current BCC investment small loans for capital investments capital for loans small SME programmes. hu te onr, evs legal serves country, the ghout ad of IFI and government programs programs government IFI and ad of tation of the loan portfolio by portfolio loan the of tation urs and loans to legal entities legal to loans and urs ik, y eiiin f BCC, of definition by risky, planned to be implemented be to planned

ocess to to 10 up working o t rti, SE and MSME retail, its to DAMU g model for loans up to up loans for model g on of the credit scoring credit the of on t interview we held in held we interview t trategic segment forsegment trategic , EBRD, ADB, and ADB, EBRD, , get range egment case/approves case/approves terms). terms). r the new new the r e Page Page 19

THE BANKING SECTOR IN KAZAKHSTAN For successfulFor programme implementation, the following stressed:points were and business-type appliances eitherare in of processbeing replaced or nee pr such for potential market big a is there that agreed management EE/RE. at aimed line product BCC in product specific no is there moment the At ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB trade,in services, manufacturing, construction and transport. volume portfolio of 40% that entrepreneurs (mostly micro-business), 25% small and 35% medium enterprise, and mostloans are disburs shows portfolio SME of breakdown Rough DAMUestate, guarantees, and movable property (including goods in stock). Prima level. collateral required providing difficulties have might clients collateral), type on (depending coefficients30-50% discount and 100% ratiocoverage With

......

eias ih ak rn ln saf s el s let ms icue cul ae stu case actual include must clients as well technology. this of implementation for benefits as as as monetary well implementation technology staff line front bank with seminars promot material including population, towards directed place in campaign marketing having technology; o website bank to benefits the on calculate to clients to either assistance of be will EE/RE/GF website programme separate for tool any or calculator efficiency energy of implementation advantage; p such for conditions preferential special making in support government having saving; t to money terms of in interest rate on benefit real loans the connected must attractive mustunderstand be client and as businessman ordinary to across come terminology; “green” on clients educate to have activity, agricultural might financing” “green name the – Scoping Study - Final Final - Study Scoping

ogramme, as most of current equipment current of most as ogramme, ds replacement.

a dsusd o individual to disbursed was of collateral and liquidity ofliquidity and collateral of During our interview, BCC interview, our During ry collateral types are real are types collateral ry roducts would be of of be would roducts ional hand out out hand ional dies of green green of dies invest in new new in invest he he ed r r Page Page 20

THE BANKING SECTOR IN KAZAKHSTAN collateral discount coefficients30% - of 50%. urnes s el s oebe ses ad AU ud urnes Collate guarantees. Fund DAMU collateral and mixed assets) moveable estate, as real well as mostly guarantees are loans the for collateral Underlying review and approval creditof application. Usua clients. SME its approachto individual and decision-making loan fast on Fort as branded branches SME dedicated the at served are clients SME officers. strategicasegmentareSMEs ForteBank, for a dedicatedwith SMEbusiness overdue PAR>30 days and PAR>90 days15.2% was and 8.26%, respectively. averag sectorbanking thecomparison, For 7.31%. days) (PAR>90 NPL11.73%, was at stood portfolio loan total ForteBank’s2019, 1, March of As National Source: Bank of Kazakhstan ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB end days, PAR>90 and portfolio loan total ForteBank 4 Figure ForteBank is comprised 20with branches and 99 services centers. begin of Kazakhstan.As of cities and regions all in present is ForteBank will remain unchanged. business bank’s determining indicators months 12 next the in that com significantlystrengthened its has institutionfinancial years three short- long- the raised S&P 2019, 6, June On Utemuratov with 87.27% shares. principal The liquidity. and capitalization of terms in position leading (KZT assets of terms thin Kazakhstan in At bank largest three number become ForteBank. of bank subsidiary full-fledged a as operate to continue Ba completed. was Nova Kassa Bank in stake of acquisition the 2019, May In Leasing. Nova ow KassaBank shares of acquire100%announced of ForteBank 2018, decision to the in Temirbank and Bank Alliance with merged has 2007, in established ForteBank, 2.2.2. term credit rating of “B”. The rating change forecast is “Stable”. Based “Stable”. forecastis change rating The “B”. of rating credit term

ForteBank term credit rating of ForteBank from “B” to “B +”, and confirmed and +”, “B to “B” from ForteBank of rating credit term – Scoping Study - Final Final - Study Scoping KZT 674.6 billion. The share of PAR>30 daysPAR>30 of share The billion.674.6 KZT position as well as financ as well as position petitive position. Rating agency expectsagencyRating position. petitive of period 2015-2018 2015-2018 periodof shareholder of ForteBank is Mr. Bulat Mr. is ForteBank of shareholder ning of July 2019, branch network of network branch2019, July of ning 1,776.7 trillion at year end), and end), year at trillion 1,776.7 line, SME products and SME loan SMEline,products andSME loan ed f 08 Freak has ForteBank 2018, of end e lly it takes 2 up to 3 weeks forweeks 3 to up 2 takes it lly on S&P estimate, over the lastthe estimate,over S&P on ye (el sae personal estate, (real types eBusiness. Bank is focusing is Bank eBusiness. a coverage ral 2015. On December 14, December On 2015. e on 1 March 2019 for 2019 March 1 on e nk Kassa Nova will Nova Kassa nk ned by JSCNova by ned ial performance ial is 0% with 100%

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THE BANKING SECTOR IN KAZAKHSTAN programme stressed:were ForteBank with interview our During Programme, EBRD M/SME programme as well as ADB M/SME programme ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 12 programmes: EBRD) (ADB, internationalas well as funded participa active very is ForteBank banks, dynamic very and biggest the of one As showsectors mostthat disbursements are in trade, service and manufacture/pro en medium and small between differentiate not does ForteBank moment, the At currentfor MSME programmes. detailsFor on current ForteBank investment loanplease refer Annex type Produ to 0: criteria, 15 14

Interview with Bibigul Bukengaeva, senior banker of ForteBank held on 24 Bibigul with 2019 Bukengaeva, June Interview held of senior ForteBank banker As specified website ForteBank on ......

business "Business Road Map 2050" as well as other other as well as 2050" Map Road "Business business clear product definition and criteria, and include case examples and success examples and stories. case include and criteria, and definition product clear paramount of is ensure that promotional materials provide explanation as to what “green it financing” simultaneously, funded programmes programme; new the on training adequate with staff internal provide to importance priced competitively various term given loan permitted maximum the with line in be least is 7 years); maturity loan maximum of policy bank internal (currently at should loan the of term maximum implement); to is difficult product the thus and rate, and ForteBank clients have difficulties understanding repaymen periodic in variations interest has variable ADB programme ensure (current isthat fixed line credit the the interest for rate confi week, one to du shortened been have guarantee collateral on decision as well as 2020” in recent past a decision on subsidizing interest rate in the framework of criteria to conform from subsidy to order in line credit the for conditions competitive provide “Economy of Simple Things”. Things”. ofSimple “Economy ring our meeting with ForteBank; ForteBank; with meeting our ring DAMU within the priority sectors under the program for support and developme and support for program the under sectors priority the within

15

te olwn pit fr h scesu ipeetto o the of implementation successful the for points following the , – Scoping Study - Final Final - Study Scoping DAMU DAMU programmes, EBRD Woman in Business in Woman EBRD programmes,

programmes such as “Ondiris” and and “Ondiris” as such programmes 14 .

duction sectors. duction sectors. terprise. SME breakdown by breakdown SME terprise. DAMU nt in various government various in nt

“Business Roadmap ct Characteristics for interest rate rate interest for means, provide t schedule schedule t rmed rmed nt of of nt Page Page 22

THE BANKING SECTOR IN KAZAKHSTAN DAMU bank the Also, programmes. M/SME and Business in Woman as such programmes, ShinhanKazakhstanBankactively nationalcurrency. par approximately is in 7% p.a. capital from comes funding of Most r please criteria, loan type investment Bank Characteristics for current M/SME programmes. Shinhan current on details For 4 receiveClientsprelimin weeks. application3-4 processingloan time of ap loan all of 10% only in resultsassessment conservativecredit Very around 14% p.a. ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB has Bank of as billion 49 (KZT billion 42.2 KZT at stood bank the of assets 2019 1, January Kazakhstan in banks 28 of out 25 number was bank Shinhan 2019, 1, January of As retain and attract standing, focusing on quality loan of portfolio.to is bank the of strategy The bank. the for an priority SME Serving 2011. in started bank the of activity lending 2008, in Shinha Though entrepreneurs. Korean of needs serving of focusing t major all in engaged bank, universal a is Kazakhstan Bank Shinhan Shinhanof Financial Group. Ban Shinhan is bank the ofshareholder sole The cities. Astana and Almaty of needs the serves predominantly and conservative, very small, is Shinhan ForteBank, Kazakhstan. Bank Shinhan a with met also team consulting Our 2.2.3. 16 is maturityfo loan Theaverage million. 100 KZT of sizeaverage loan an with loans SME 55% to up and million 5 KZT of size loan average approximate an with segment volume by portfolio M/SME the of breakdown rough A KazakhstanBank is actively approaching big and financially stable companies for future cooperatio focus with loans investment and capital working are loans SME of Most 7.4% respectively). aver sector (banking 3.1% of days NPL>90 and 3.3% of days NPL>30 ratio: NPL healthy t to approach conservative very bank’s Shinhan 54%). is sector banking for implementation Investingof in Green Finance programmes were raised: Kazakh Bank Shinhan of director managing the with interview our During businesses as as subsidizing well interest inrates framework Business of Roadmap 1-3 years, and 3-5 years for investment type loans. The average interes average The loans. type investment for years 3-5 and years, 1-3 Based on the rough estimation of Vitaly Kim, Managing director of Shinhan Bank Shinhan of director Kim,Managing Vitaly of estimation rough the Based on days. . .

ud wih n un rvds oltrl urne u t 5% f t of 50% to up guarantee collateral provides turn in which fund, of investing in new technologies; technologies; new in investing of Clients must have support and understanding w entails, what of financing” “green b and tools conditions, save to money; were them consulting clients, service to advisory as an must act line front programme; in training adequate receive must staff internal Bank’s Shinhan Bank Kazakhstan a relatively small loan portfolio, KZT 10.2 billion, or 24% of total assets (as a comp a (as assets total of 24% or billion, 10.2 KZT portfolio, loan small relatively Shinhan’s

pa et opn s el s BD Te egtd vrg cs of cost average weighted The EBRD. as well as company rent 16 includes approximately 10% of loans in the micro the in loans of 10% approximately includes – Scoping Study - Final Final - Study Scoping n Bank has started activity in Kazakhstan in activity started has Bank n ypes of banking operations, specifically operations, banking of ypes plications being approved with averagewith approved being plications ary pre-assessment feedback within 3- pre-assessmentwithin aryfeedback on production and trade. Shinha trade. and production on d Corporate segment is a strategic a is segment Corporate d stan, the following points regardingpointsfollowing the stan, companies with exceptional credit exceptional with companies k of Korea, which in turn is a part a is turn in which Korea, of k Kazakhstan bn, sopsd o C and BCC to opposed as bank, t rate for both types of loans is loans of types both for rate t e on mut o existing for amount loan he aking credit risk yields a very a yields risk credit aking Korean population mostly in mostly population Korean fr o ne 0 Product 0: Annex to efer 2020. 2020. of portfolio by volume are volume by portfolio of April 1, 2019). Shinhan 2019). 1, April is working closely with closely working is

r working capital loanscapitalworking r by asset size. As of As size. asset by enefits of potential potential of enefits hat are the benefits benefits the are hat age is 14.5% and 14.5% is age ticipates in EBRDticipatesin arison, average arison, n. n. n Page Page 23

THE BANKING SECTOR IN KAZAKHSTAN ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB . . . .

seset f akt spot n tcncl die o let o iiil know-ho initial on clients to advice suppliers. via equipment “green” of maintenance technical and support market, of Assessment (via accreditation investment” “green or programme Certification instrumen financial product; the mustaccompany thus saving, and motivation additional for mechanism a as clients for audit Energy via (guarantee requirement as collateral as w rate) (interest Parameters financing of terms of in the potential interesting be must programme a supporting vehicle for programme implementation; implementation; programme for vehicle a supporting

DAMU support), as many clients lack collateral; lack collateral; clients as many support),

– Scoping Study - Final Final - Study Scoping DAMU for other authority) might be be might authority) other for w and further further and w t for cost cost for t ell ell Page Page 24

THE BANKING SECTOR IN KAZAKHSTAN eligible and relevant green technologies, its mostly equipment small-scale for trade and agr companies3 leastborrowers.be consideredAt partnering could for in especially investments, green for potential strong has sector Microcredit the totalof micro-finance sector portfolio. Kazakhstan). Theportfolio of AMFOK members reachedhas KZT193.7 billion, Micro-Fin of (Association AMFOK of member were MFOs 33 2019, of beginning of As MFO sector was in the range 24% forof longer-term business and loans, 28% for short Aver portfolio.loan totalsecured loans collateral with8% of accounted of for share The sharethe2018, loansindividualof In issued to entrepreneurs amounted to Return average and Return on Equity (ROE) 15%.of showed sector MFO 2018, year-end the At result. end inc 70% , billion 16.7 KZT impressivean showed sector MFO the of profit net 2018, beginning the from increasedhaving 3.2%, around was days 90 NPL> with loans p loan gross Aggregate 1st,January 2019 reachedKZT ,and226.8 increased billion 39.6% by since beginning of 2018. The of share ). billion 188.5 (KZT 2018 of beginning since 52% KZT were sector micro-finance the of assets total 2019, beginning of As National Source: Bank of Kazakhstan ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB of end loan and portfolio, of assets Dynamics 5 Figure Republi in operating and registered were MFOs 167 2019, 30, April of As 2.3. 17 located in Almaty, and account for 34% totalof number and 80% of loantotal portfolio. Information provided by AMFOK, based on statistics submitted to NBK NBK to submitted statistics based on by AMFOK, provided Information

Micro -finance sector in Kazakhstan Kazakhstan in sector -finance

– Scoping Study - Final Final - Study Scoping period 2016-2019 2016-2019 period – KMF, Arnur Credit and ACF.Credit ArnurIn terms andofKMF, 56% of disbursements56%volume. of by 286.5 billion ; showing growth of growth showing ; billion 286.5 reaching out to rural and women and rural to out reaching c of Kazakhstan of c wh rflo f F sco a of as sector MFO of ortfolio n ses RA 58, and 5.8%, (ROA) Assets on of 2018 by 0.4%. End of End 0.4%. by 2018 of ich is approximately 88.4% rease from the 2017 year2017the rease from ancial Organisations inOrganisations ancial -term business loans. age interest rates forrates interest age icultural sectors.icultural 17 . 57 MFOs are MFOs 57 .

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THE BANKING SECTOR IN KAZAKHSTAN ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB b portfolioloan breakdown business KMF MFO Estimated 6 Figure loan portfolio sectorby is presented below estimat An loans. business are 86% portfolio loan total of Out loans. lo individual of comprised is portfolio loan total of 52% Approximately client of 67% and clients, female are portfolio KMF MFO of 60% Almost clients. 000 250 almost was KMFMFO of portfolio loan total 2019, July of beginning of As respon repaying loans, ready to growmore businesstheir further, but at the same time mor are are women that concluded KMF MFO gained, experience the on Based population and entrepreneurs women were KMF MFO of focus the Historically, ResponsAbilit includes: 45.44%, and MFO KMF employees 6.22%. KMF MFO 24.16 II SICAV Triodos and B.V. Custody Triodos of 24.17%, (Lux) SICAV ResponsAbility structure shareholder Current 117 branches across country the and total 4,062of service centers busines gro for and individual both, loans extending by services group and manufacture, activities, and individual with customers provides KMF mutual on based customers with partnerships long-term building on larges the is and marketMFO percentof 60 (close to outreach and size termsof in Kazakhstan sector, microfinance Asia Central the in leader a is KMF MFO 2.3.1. 19 18 r financial and criteria certain where instrument credit a as serves tool t same the At minimum. the at making decision CC and analysis credit between lag Special Credit strategic the of allowsone is approach This which visit. client during application tablet), a on (installed expert” “mobile called MFO micro-loans, For micro. as defined are million 7 KZT to up of Loans > 90 days is at 2% for the total loan portfolio. As 1 of April 2019, PAR>30 days plus restructured loans are around at 3.3% of the total loa Management Board; Oksana Bukhtiyarova, Manager of the Credit Development Department Management Department Board; Manager Oksana Credit Bukhtiyarova, Development of the Information obtained from MFO KMF website KMFwebsite from MFO obtained Information Ms o ifrain n hs eto ws band uig neve wt Karlyga with interview during obtained was section this in information of Most

MFO KMF

19 .

– Scoping Study - Final Final - Study Scoping 18 operational tools employed to keep time keep to employed tools operational . trust, understanding and respect. MFO respect. and understanding trust,

ans; the remaining 48% being group being 48% remaining the ans; ed breakdown of MFO KMF business KMF MFO of breakdown ed h akaoa dpt caresn f the of chairperson deputy Raikhanova, sh y sector, July 2016 2016 July ysector, to ae acltd hne Credit hence calculated, are atios proe, agri/livestock/farming purposes, s KZT 130 billion disbursed to over to disbursed billion 130 KZT Mngmn Cmay and Company Management y KMF has developed a credit tool credit a developed has KMF up solidarity loans, in more than more in loans, solidarity up share). The company is focusedcompanyis The share). ss o nls cin’ credit client’s analyse to ists living in remote rural areas. rural remote in living e cautious in in taking e cautious risks. mcoiac isiue in institute microfinance t ime, the “mobile expert”“mobile the ime, %, KMF DEMEU Fund DEMEU KMF %, sible in handling and handling in sible s live in rural area. rural in live s n portfolio.n PAR

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THE BANKING SECTOR IN KAZAKHSTAN ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB know-howwith on how to implement renovation with three booklets: non provide KMF MFO loans, improvement home finding to addition In tho 27 approximately to disbursed wereapproximately 8.4% MFO of KMF loan portfolio. loans improvement house moment, 5 “S of Under term a systems. with heating 3,000,000 the of installation as well as floor) and insulat thermal windows, and doors replacement as such components efficiency and house of quality improving at aimed is product This “Shanyrak”. Wi filescredit are furnishedalso thewith legal report (collateral review). t prior Usually, etc.). trade, services, (industry, sectors different for forms applications,loanSME of analysis the For(approximatelyloans). 2000 8% portfoli loan SME 2019 July of as loans, SME as defined are million 7 KZT over Loans l the with KZT million working capital and investment purpose. Interest rate for “SME” 20 loans are in the rang to up KZT million 7 from amount loan include “SME”. named simplicityreasons for product, special a has KMF MFO entities). legal lo entrepreneur individual are loans SME Most million. 7 KZT over loan a as SME defines KMF MFO Interest rate on individual “Micro” loan are in the range 45%of p.a. finan on based criteriaeligibility client on feedback get immediately can Specialists for currentfor MSME programmes. currenton detailsKMFFor MFOcriteria,investment loan Ann type to please refer loan portfolio are group loans. Interest rates for group loans appro are At develop. and grow group the of members of businesses as gradually group lending model (product “Dostar”). Solidarity lending basedare mutual on t prod loan “SME” and (“Micro” products lending individual to addition In h h tcncl upr o Hbtt o Hmnt, F KF a dvlpd h developed was KMF MFO Humanity, for Habitat of support technical the th ▪ ▪ ▪

heat insulation and installation of heating systems. systems. heating of installation and insulation heat doors; of replacement and repair windows, of replacement and repair 6 mnh ae ibre a te vrg itrs rt o 4% .. t the At p.a. 42% of rate interest average the at disbursed are months -60

– Scoping Study - Final Final - Study Scoping

ximately 40% p.a. business premise and includes energy includes and premise business hanyrak” product, loans up to to up loans product, hanyrak” -financial assistance to their clients their to assistance -financial the moment approximately 48% of 48% approximately moment the o credit committee meetings (CC), meetings committee credit o MFO KMF hasdevelopedKMFdifferent MFO a tr fo 2 o 0 months; 60 to 2 from term oan ucts), KMF also has a successful a has also KMF ucts), ion of the house (roof, walls (roof, house the of ion ex 0: ProductCharacteristics ex rust; loan amounts increase cial and other parameters.other and cial sn cins n take and clients usand e of 25% p.a. uig iac product finance ousing Product characteristicsProduct o was approximately was o

ans (not ans

KZT

Page Page 27

THE BANKING SECTOR IN KAZAKHSTAN credit development department department development credit held 30,2019. April on website, as well as they are provided clientsto who in work agriculture. ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB interview During mediumhigh, and low environmental exposure. risk bus of classification a system, Management Environmental and Social the of a environmentalfinanceviaapproachto active an taken has KMF MFO2017, Since did materialize.not supplier- of mechanism as well as chain a resources have not did organisation but etc., irrigation drip humus, know-how other with clients their provide to wanted fro different makes MFOs what is clients business their partner to a Becoming greenhouses about know to need you “All and “Hydrophonics” series: a is partnership Such clients.informationbrochures from loan”“usefulseries developed frDEMEU KMF a by in their to partner a of role a takes KMF MFO via basis regular a on clients to provided is support non-financial Such w as clients loyal for rates interest preferential trust, respect, mutual efficiency. operational and cu service of quality through through as clients well as current programme), retain to is direction strategic KMF MFO 20 Concerns regarding the implementation of potential green financing pr linescredit due to the lack of experience in field the without accompanied TA. imp declined has KMF MFO past the In etc. emissions,in CO2 efficiency, energy savingassist as well as technologies green various in mechanism chain value on know-howTA additional the with line credit such accompany to was suggestion Their

Interview with Karlygash Raikhanova, deputy chairperson of the managemen the of chairperson deputy Raikhanova, Karlygash with Interview ▪ ▪

product must be accompanied by TA on know-how in each industry/sector; eachindustry/sector; in know-how TA on by accompanied mustbe product as mustbe simple as possible; product 20 , MFO KMF management showed great interest in possible “green finance” “green possible in interest great showed management KMF MFO ,

consultant for their clients. Unfortunately, such “green” initiatives “green” such Unfortunately, clients. their for consultant on modern technologies, specifically in bio-gas and bio- and bio-gas in specifically moderntechnologies, – Scoping Study - Final Final - Study Scoping t board, and Oksana Bukhtiyarova, manager of the the of manager Bukhtiyarova, Oksana and board, t nd market knowledge for building value building for knowledgemarket nd ell as additional non-financial services. non-financial additional as ell ogramme include: tmr eeto porme (loyalty programme retention stomer ” wh ” basic trainings on financial literacy. financial on trainings basic m banks. In the past, KMF alsoKMFpast, the In banks. m ich can be found on MFO KMF MFO on found be can ich s dmntae i additional in demonstrated lso where consultant can provide can consultant where nse it tre categories: three into inesses Customer loyalty is built on built is loyalty Customer amework“Going of Green” dherence to the Principlesthe to dherence lementation of “green” of lementation the calculation of calculation the credit line. credit

Page Page 28

THE BANKING SECTOR IN KAZAKHSTAN Fund Fund is planning overKZT to 50 disburse billion to the rural enterprises, farmer Out of of Out total loan portfolio, around 70% is in livestock production

ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Fundadditionally contributedthe KZT i regions Almaty and Mangystau attracted an interest-free loan under the UNDP developmentKZT program amount in the of and Kyzylorda in MSME for technologies green eco- of stimulation the in UNDP with collaborated FFSA 2015-2017, In FMOs,and and so are the interest rates offered. Therefore, FFSA does compete not wi w promptness as well as assessment Credit days. 11 least at takes review longer much takes process approval and review credit MFO, with Compared for demand strong a is there conditions, loan encouraging such With theis at level 8.5%. of Non-perfo property. movable and estate real include loans the for Collateral over were t and , billion 124,5 KZT was 2019 1, January of as portfolio loan Aggregate m local Holding, KazAgro company, parent either from comes funding of Most founded in 1994 and is headquartered in Nur Sultan. Taldykurga and Sultan (Nur offices representative 2 as well as branches 14 of network micro offers company The microfinanceItorganizations. to as well producers,goodsagricultural as support. financial extending by population institutio credit and financial specialized A Holding. Management subs National a is (FFSA) JSC Agriculture for Support Financial of Fund The 2.3.2. 22 21 money spent. Any financial product must be accompanied by clear explanation clear by accompanied be must product financial Any spent. money practical see must who people simple are KMF of clients that is line bottom The and during which time period. The following information was acquired during interviewMr. Gerard with following information The Baal, during wasC acquired of head

Statistics obtained from Fund of Financial Support of Agriculture web cite of AgricultureStatistics of web Financial cite from Support obtained Fund . . . . .

▪ ▪ ▪

maturity. maturity. years 15 with subsidy) 7% Agriculture, of Ministry via (subsidized 14% loans, production Meat and maturity, 12 years loan o subsidy government with p.a. 6% to decrease ( p.a 16% at loans, farm dairy and Milk maturity; 3 years loan with rate 6% interest p.a. at production, crop for loans capital Working maturity; 5 years loan 6% with p.a. at start-ups, for mostly entrepreneurship, for Loans maturity; 7 years loan 6% with p.a. at livestock, for Loans Fund Fund of Financial Support Agricultureof let o MO M mgt lo eei fo proi ifrain esos o specifi for sessions information periodic from technologies; benefit also might KMF MFO of clients clients; their to knowledge this pass on to training adequate receive should specialists credit from benefits of calculation with KZT in saving into resources transferred brochures natural on terms (saving value in investment technology information include must product 47,000. During 2018, the Fund issued Fund the 2018, During 47,000.

183.6 million . Under the “Eco Underthe . 183.6 million 10,420 loans for a total of KZT 53.8 billion . In 2019, the 2019, In . billion 53.8 KZT of total a for loans 10,420 – Scoping Study - Final Final - Study Scoping 22 . Main funding. Main focus include: dayo Jit tc opn KazAgro Company Stock Joint of idiary - DAMU FFSA loans despite little marketing. little despite loans FFSA to serves customers through a regionalcustomersa throughserves urism as well as implementation of implementation as well as urism redit department of FFSA of FFSA department redit n, FFSA provides services for rural for services provides FFSA n, on t rrl ouain and population rural to loans ith credit decision differ for FFSA for differ decision credit ith . For instance, credit application credit instance, For . ” programme, rming loan ratio (PAR>90 days) (PAR>90 ratio loan rming he number of active borrowers active of number he s as well as households unicipalities, or state budget. budget. state or unicipalities, how clients will save money save will clients how use for change in terms of terms in change for use Kzksa. FFSA Kazakhstan. n th MFOs. th MFOs. n). The company was company The n). 91.7 million ,and91.7 million KZT new “green” “green” new 275.3 million f 10%), with with 10%), f c types of of types c 21 . loan loan

);

, Page Page 29

THE BANKING SECTOR IN KAZAKHSTAN ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB DAMU p near located areas rural in living entrepreneurs to disbursed were ” programme offered a low interest rate of4% p.a for av an – Scoping Study - Final Final - Study Scoping erage term 4-5 years. of oetd oe o h cuty “Eco country. the of zones rotected

- Page Page 30

THE BANKING SECTOR IN KAZAKHSTAN o 4.% f h ttl oue f iaca laig otat, giutr acco agriculture Sultan,Nur and 24.9% contracts, Almaty. in leasing co leasing financial of (69.7%) thirds two than of More 7.7%. volume for accounted manufacturing total the of 41.7% for contract Leasing 2016. with compared 34.4% by increased and billion 224.1 KZT ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Group Leasing Al Sakhr Finance Company Idjara Kazakhstan BRK Leasing KazAgroFinance companies leasing six Top companies, leasing top six of Portfoliodynamics 8 Table Committee Statistics the to According def the was which of important leasing, and a reduction of its minimum period 3 years.from 7 to most the legislation, the to made 2000. were in passedamendments Leasing”, Financial “On law the by ruled are companies Leasing the possibility of accelerated depreciation. importedonadded Leased valuetaxsubjectequipment to (VAT) g is not country. t for advantage competitive the had is breaks wetax TechnoLeasing, and KazAgroFinance interview to According incentives. tax providing by process t by playedKazakhstan is inservices leasingdevelopment of the in role large A o or Bank National regulator does allow not to collect accurate and reliable market the data on leasingthe secto by regulated not is sector leasing moment the At 2.4. 23 half a of percent. 2017 in which of shareequipment, construction leasingof the segmentis specific frvolume increasedtotalfreighttheshare vehiclesin 2017, of the Insegment. truck th in was 2017 in activity of focus main the companies leasing private For for processing equipment has increased.also har and sowing spring for designed equipment on falls demand of most Ou KazAgroFinance. by funded mainly is time long a for equipment Agricultural Rating Expert Agency KazakhstanSource: Leasing Forte

Statistical data for 2018 is limited, and for 2019 is not available yet Statistical for 2019isfor available 2018is not data limited, and yet

Leasing sector in Kazakhstan Kazakhstan in sector Leasing

01.01.2018, in mln in 01.01.2018, 23 in 2017 the total volume of financial leasing contracts amounted to amountedcontracts leasing financial of volume total the 2017 in Portfolio, 165,425 173,052 1,087 2,335 2,655 5,742 KZT KZT

Portfolio, 01.01.2017, 01.01.2017, Portfolio, – Scoping Study - Final Final - Study Scoping 2017-2018 2017-2018 in mln KZT KZT mln in 191,266 87,653 1,642 1,550 3,104 997 ih w mjr esn companies, leasing major two with vesting. In recent years, the demand the years, recent In vesting.

e transport market, primarily in thein primarilymarket, transport e

hr tt aec. h lc of lack The agency. state ther he state, which stimulates thisstimulateswhich state, he oods as well as providesfor as well oods t of agricultural machinery, agricultural of t reached 2.1%, an increase an 2.1%, reached ntracts were completed in completed were ntracts he leasing industry in the in industry leasing he om 4.8 to 5.7%. Another5.7%. 4.8to om s in transport accounted transport in s ne fr 82, and 28.2%, for unted n 04 nme of number a 2004 In Number of leasing of leasing Number r. r. nto o financial of inition deals in 2017 in 2017 deals 1,879 18 53 16 36 45

Page Page 31

THE BANKING SECTOR IN KAZAKHSTAN construction trucks, investments, shouldvehicles considered.be eligible Regarding loan. a get to collateral to willing SMEs, for alternative another offer would program the for le Having partner. future a become to potential strong has Technoleasing MFOs. pr future the for partners potential as considered be might companies Leasing Leasi of Finance Astana Bank Kazakhstan Ijara Company and Qazaq Kazakhstan,Leasing. Leasing Development Sberbank Leasing, the Zaman NurLeasing, of Nurbank subsidiary su ForteBank, a of subsidiary ForteLeasing Leasing, SK Group Leasing TechnoLeasing, is BRK-Leasing include: programmes subsidiz in cooperationagreementon the joined have whoCompanies Leasing billion were distributed among 10 private companies. most But 15 companies. (KZT plant car-repair leasing a of construction are the via BRK-Leasing by executed billion 200 KZT about which of , trillion ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB sources internet on Based BRK of Leasing, working mainly with manufacturingthe industry, mechanical engineeri attribut respects be can industry, food many the for equipment of in segment the as 2017: well as segment in increased has leasing equipment energy of financing The Rating Expert Agency KazakhstanSource: econo of sectorand type by leasing of Percentage 7 Figure 24

https://kursiv.kz/news/finansy/2019-04/v-kazakhstane-net-tochnoy-statistiki 24 , in 2018, investments in fixed assets in the country amounted to about KZT about to amounted country the in assets fixed in investments 2018, in ,

– Scoping Study - Final Final - Study Scoping - po my my -rynku-lizinga netbt ehp lcig sufficient lacking perhaps but invest 0 billion ). The remaining KZT 50 KZT remaining The ). billion 0

ing interest rates under DAMU under interestrates ing ie ast ivsmn was investment assets fixed ogram along with banks and banks with along ogram n ohr pca purpose special other and asing companies, as partner as companies, asing ed to major transactions major to ed bsidiary company of JSC of company bsidiary ng and ng transport. te rwh f this of growth the , g Company, ng a JSC, tan 11 Page Page 32

THE BANKING SECTOR IN KAZAKHSTAN Asel Alzhan Head of Borrowings Department of KazAgroFinance of Department Asel Head Borrowings Alzhan agricultu for PAR>90 in reflected lessee), potential of analysis financial of terms non-performing of most largeunsuccessfulinvestmentleasingformerlyRecentexecuted.beenmuchhave deals 17%; approximately is days) (NPL>90 quality portfolio Lease schedule iscash-flow based, with quarterly interest repayment and yearly (after harvest) prin one with years 10-12 is lease the of term equipment, agricultural most For the ofrange KZT agriculturalin sector subsidize to the 10% up of current interest rate down to 17% to increasedhave rateslease average 2018 starting rates,market match pro increase to a.; p. 14% around were rates lease average 2018, to Prior contractthe for equipment delivery is drafted. leased of 15% least at contribute must lessee application, of approval of case KazAgroFinance performs financial analysis of the client to determine client’s abil client’s determine to client the of analysis financial performs KazAgroFinance from half another and Europe produced. from comes equipment leasing agricultural of equipme of Availability n obligations of case in equipment of liquidity as well dealers. as malfunction, via purchased is con equipment direct though as well producers, as particula suppliers for equipment various client of the database of has request KazAgroFinance initial the with begins cycle leasing The end lease contractof equipment becomes property theof leaseholder. d is advanright) ownership the (not use operational for documentation an (VAT), tax added value end the equipmentuntil leased the of ownership the holds KazAgriFinance to subject not is equipment Imported leasetotal portfolio (approximatelyKZT 60 billion ). equi greenhouseand machinery,livestock andequipment farming towards KazAgroF of majority Though equipment. and machinery in 60-70% around fund of 30-35% around that shows breakdown portfolio lease Approximate currency. of couple past the in risk, credit induced currency of probability 3 maturityyears. of To lessen exchange foreign exposure, all liabilities in are local curren am the in bonds issued has KazAgroFinance 2018, In 40%). (remaining banks from issuan 60%), (approximately finance direct government via out carried is Funding ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB billion 280 roughly is KazAgroFinance of portfolio loan total Currently regions in Kazakhstan. fin in specializes which KazAgroFinance, b 14 company of network a hasKazAgroFinance enterprises. medium-size to equipment leasing state the by held is value tod market leasing Kazakhstan the in players major ten least at are There 2.4.1. 25

Information provided in this section is based on the interview with Ayn with interview the on based is section this in provided Information

KazAgroFinance 25 -30 million .

– ur Seytkasimova, First Deputy Chairman of the Board an Board the of Chairman Deputy First Seytkasimova, ur Scoping Study - Final Final - Study Scoping years most of leasing deals are done in local in done are deals leasing of most years one on the name of the lessee. Only at the at Only lessee. the of name the on one on

25 -payment plays a role. Roughly half Roughly role. a plays -payment , and approximately 7,000 clients. 7,000 approximately and , pment contribute to about 20% of20% about contribute to pment of the lease (financial lease). The lease).(financial lease the of ay. About 60% of total market total of 60% About ay. ing is in investment projects and projects investment in is ing fitability of the company and to and company the of fitability 7% Averagep.a. loan size is in p.a. Governmentprogrammes p.a. year grace period. Repayment period. grace year ae o es oe purchase. over lease to tage tp o laig equipment. leasing of type r inance lease deals is directed is deals lease inance ranches, covering most of the of most covering ranches, equipment cost, after which after cost, equipment ce of bonds and borrowing and bonds of ce ral equipment, which is in is which equipment, ral I cutis n locally and countries CIS ity to repay the lease the repay to ity t evcn i cs of case in servicing nt ount of 30 billion with billion 30 of ount at wt equipment with tacts more conservativemore (in cy. Also, given high ses ae been have assets nig agricultural ancing cipal repayment. . In . d Page Page 33

THE BANKING SECTOR IN KAZAKHSTAN current stock) is not subject for repair; there isan immense potential for renewal agr obsolete an cases, most In stock. equipment agricultural of 20% an machinery, agricultural its of 5% around modernize , as such countries upgrad being 2% approximately only with obsolete is machinery and equipment ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB annuity with grace period during winter months. machinery, transport-related and equipment construction road fo For deals. 1st December on scheduled fo is season payment principal harvest as well the as interest of of Repayment finish with coincides structure Repayment years. Europe, from equipment years, 3.5-4 of term repayment a has usually equipment 4 machinery agricultural for years, 3 around vary machinery road the for terms Lease enduntil the of leasethe term after which transfer of the ownership right is passed t onlessee, the thedone name of equipment ownershipbelon thebut the titleof ro cente administrative either (for In (GosTechNadzor). police supervision technical with either equipment the of registration clearance, customs exper have market, addit provide andmachinery, and equipment of dealers leaseas well as suppliers in years 10 over of history a has management TechnoLease leased equipment serves an as underlying collateral. e leased the of ownership the As agreement. lease of completion to prior repay banks.by In case ofapproval application,of lease partner has contribute to equip of 20-30% fin similarlyto scrutiny financial to subject is deals partner lease Potential only: mostly agricultural, road construction, overhaul equipment and transpo on focuses company the Therefore, high. is dismantling of cost the and illiquid, is immovable machinery. Based on previous experience, the of whichtype equipment, has be to d hin major the w Anothercurrency. factor, local of in are lease deals sinceall 2015Therefore, one as risk credit induced currency view and industry TechnoLeasing, up setting to prior sector leasing in involved been DAMU. banks, (ACC), Corporation Agri-Credit from received is Funding (50%-60%), equipment agricultural of equipment (up 25%),to the rest is transport and other equipment. comprise roughly portfolio TechnoLeasing on sowinggrain in the north and constructionroad equipment i Nur-S in located is quarter head company The . billion 14 KZT about at 2010 in founded was TechnoLeasing 2.4.2. group consulting top the of one by done study market Agricultural season (end October-November).of d days NPL>90 sector, agricultural of seasonality Given 7-8%. of range (Managing Director, oversees funding issues)(Managing oversees funding Director, 27 26 Ifrain n saitc poie b Yr Km Mngn Drco, i Director, (Managing Kim Yuri by provided statistics and Information

Study done by Study Consulting, basedDeloitte KazAgroFinance with interview on

TechnoLeasing

27 , and currently in top five leasing companies by portfolio size, currentlysize, portfolio by companies leasing five top in currently and , – cag o csoe rltos sus ad mty Kogay Dmitry and issues) relations customer of charge n Scoping Study - Final Final - Study Scoping n the south regions of the Kazakhstan.n south s ae usata eprec i leasing in experience substantial have iculture equipment (around 80-90% of 80-90% (around equipment iculture r the registration of operational use is use operational of registration the r 26 ultan with 6 regional offices focusing offices regional 6 with ultan sos ht h cret agricultural current the that shows ancial assessment of client ability to ability client assessmentof ancial the repayment is scheduled as and as scheduled is repayment the eig atr i prflo quality. portfolio in factors dering quipment is with TechnoLease, theTechnoLease, with is quipment ecrease significantly after harvest after significantly ecrease ional service to the lessee such as such lessee the to service ional ehoesn mngmn had management TechnoLeasing rt machinery.rt hich managementrisky, viewsas hich d ahnr) r government or machinery) ad gs to the lessorgs to (TechnoLease) te giutrl machinery. agricultural the r of machineryof in agri-sector. d European countries up to up countries European d ed every year. In contrast, In year. every ed leasing movable machinery movable leasing USA and Canada up to 5 to up Canada and USA o the lessee. o the lessee. -5 years, Russian-made years, -5 r all agri-sector lease agri-sector all r od construction road ec wrig with working ience ismantled is ment cost Page Page 34

THE BANKING SECTOR IN KAZAKHSTAN ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB of land who 10,000 hectares experience working with have agricult previous on concentrating instead start-ups; finance not does TechnoLeasing o harvesting. technologies advanced more to due harvest fuel, clean less ecologically more uses produces equipment “clean” ecologically and leasing” “green in investing no does equipmentnew in investment in factor important an is fuel of usage less machinery; new Additionally, profitability. e and new in productivity and investment herbicide that in realize niche clients TechnoLeasing a taking farming. is and Kazakhstan agriculture respect, that In yield. crop of base compete cannot Kazakhstan climate, unstable including factors, various to Due cl is days NPL>90 of beginning of 2019, NPL>90 days closewere to 3%. level historic approach, business cautious TechnoLease’ With DAMU excavator grader, as such equipment construction Road programme. this lis is agriculture as 2020, programme Roadmap BusinessDAMU via subsidy rate machinery agricultural for p.a. 14% at is equipment leased on rate Interest Business Roadmap programme. – Scoping Study - Final Final - Study Scoping eimsz etrrss ih 1,000- with enterprises medium-size ue s uh isl s obsolete as diesel much as use t technology. The bottom line is that is line bottom The technology. , bulldozer, et. do not fall under fall not do et. bulldozer, , equipment for 1 equipment for ural - to allow lessee obtain interest obtain lessee allow to - ted among priority sectors insectors priority among ted with other countries on the on countries other with co srn swn and sowing spring crop f upet rae higher creates quipment olts rp ls and less crops pollutes clgcly “clean” ecologically s t 1. t the At 1%. to ose -3 years. Page Page 35

THE BANKING SECTOR IN KAZAKHSTAN . businesses. this At stage, insurance sector has little potential collaboratfor for insurance green vehicles, for incentives green as such finance investment no are There insurance). (voluntary insurance coverage) (pollution i credit insurance, insurance, indemnity professional health insurance, medical and insurance, (compulsory) insurance accident employee and liability insurancecompaniesmoment, the At 2017.in period same the for than 385 wit compared as 4% grown have premiumsinsurance collected 2018, Over billion. insuranceof Liabilities organizations2018). beginning the increased of from in insuranceassetsthe of TotalindustryKZT 1,048.5amounted billion o as to National Source: Bank of Kazakhstan ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB end reserves, and capital own of assets, Dynamics 8 Figure insu regarding legislative toamendments “On Law a drafted Bank National the 2017, In inst insurance in regulated theby National Bank ofKazakhstan. community business and population the of level of low confidence organizations, insurance of service to access of lack regional and volu in services and products insurance of deficiencies are which among sufficient gain not did still Kazakhstan of Republic the in Insurance 2.5. s f ue 09 tee ee 7 nuac cmais n aahtn 1 o wih ae en r been have which of 17 Kazakhstan, in companies international rating agencies. insurance 27 were there 2019, June of As tightening requirements to intermediary business, extending list the of gua measuinfrastructureinsurancemarketand include develop the to aimed are Amen policy. obtaining insurance of costs the decrease as well as services to access i launchedvolunt Internet)was the (via insurance on-line an andof introduction compulsory improve and develop further to view a with Specifically, market. infrastruc and participants professional of activities of improvement the vol of services and market the of development regardingthe acts legislative billion.

The Insurance Sector in Kazakhstan Kazakhstan Sectorin Insurance The

The total amount insuranceof paymentsKZT 2018 for amounted to ac ad h isrne uies. h dat a poie a akg o package a provides law draft The business”. insurance the and rance – Scoping Study - Final Final - Study Scoping of period, 2015-2018 2015-2018 period, of momentum. This is due to various factorsvarious to due is This momentum. specialized insurance products for green for products insurance specialized n 2019. This should increase geographic geographic increase should This 2019. n provide the following insurance: civilinsurance:following the provide ntary lines of insurance, low quality low insurance, of lines ntary ture organizations of the insurance the of organizations ture nsurance as well as environmental as well as nsurance rantees. ion ion acts of the Republic of Kazakhstanof Republic the of acts f January2019(13.3%f increase1, untary and compulsory insurance,compulsory and untary uet. nuac bsns is business Insurance ruments. res intended for streamliningandfor intended res homes and green insurance for insurance green and homes 2018 by 13.0% to KZT580.213.0% to by 2018 95 rpry nuac, travel insurance, property nuac clue n low and culture insurance h 2017, and reached KZT reached and 2017, h billion, is which 7% more dments to the legislationthe to dments ary insurance, the insurance, ary aedet to amendments f td by ated

Page Page 36

THE MSME SECTORS IN KAZAKHSTAN 2,121 for 2016. prices. prices. exposed highly and industries extractive on based mostly currently is which driv thereby and MSMEs and SMEs of growth the stimulate to efforts several reform for area priority a is entrepreneurship and sector private governmen the by recognized well is employment enhancing and issues, social ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 2015. 29October dated No Code Entrepreneurship 375-V amendm with 2006 January 31 dated 124-III, No Entrepreneurship Private on Law Source: max employees, of number average Annual max income, average Annual Entrepre to the according MSMEs and SMEs of Definition 9 Table MSMEs and SMEs of importance and potential The 3.1. 3 Source: National Source: Statistics Agency SMEs & MSMEs Active &SMEs MSMEs Registered Table 1 of As * uses2013, Statistics of number from only Note: Starting Agency December employees asfor SME criteria d state state programmes. purpos reporting for definition this use agencies state other and Bank improvement, including: enterprises, small enterprises and medium-sized enterprises, as per the belo the per enterprises,as medium-sized enterprisesand small enterprises, In accordance with Entrepreneurship the Code of24, the Kazakhstan, law distin Article 16%. th with farms individual and entities legal by followed (IE),classified entrepreneurswere (65%) enterprises of majority the SMEs, and MSMEs active o the Of 21% operating. almost that means That enterprises. active considered were million MCI is the Monthly Calculation Index. This is KZT 2,525 for the year 2019, 2019, year the for 2,525 KZT is This Index. Calculation Monthly the is MCI

. . .

10

Despite the government’s efforts in developing the S the developing in efforts government’s the Despite st Number of registered and active SMEs SMEs active and registered of Number General Overview Overview General January Access to financial and non-financial services. non-financial and Accessfinancial to markets; foreign and Accesslocal to development; market and Growth T HE

SME

2019 , AND hr wr 15 ilo SE ad SE rgsee i Kzksa, u ol 1.2 only but Kazakhstan, in registered MSMEs and SMEs million 1.5 were there MSME No of registered registered ofNo 30,000 times 01.01.2017 01.01.2017 entities on on entities 1,186,629 1,501,156

S ECTORS IN Micro Micro MCI* MCI* 15

the the in fostering economic growth economic fostering K – ME/MSME sectors, there is significant room for room significant is there sectors, ME/MSME 300,000 timesMCI the Scoping Study - Final Final - Study Scoping No of registered registered ofNo AZAKHSTAN KZT 2,405 for the year 2018, KZT 2,269 for 2017, KZT 2017, for 2,269 KZT 2018, year the for 2,405 KZT 01.01.2018 01.01.2018 entities on on entities 1,143,376 1,537,633 in Kazakhstan, and government has made has government and Kazakhstan, in ents dated 10.07.2012, 16.05.2014, 14.01.2016, 16.05.2014, 10.07.2012, dated ents Small Small 100 es and for implementation of various of implementation for and es neurship Code Code neurship

to fluctuations in oil and mineral and oil in fluctuations to w definition. DAMU definition. w e respective shares of 19% and 19% of shares respective e e diversification in the economy,the in diversification e MMs n SE wr not were SMEs and MSMEs f

t. Thus, development of the of development Thus, t. * * in entities on 01.01.2019 01.01.2019 on entities Kazakhstan, resolving Kazakhstan, guishes between micro efinition efinition No of registered registered ofNo 3,000,000 times the 1,241,328 1,574,789 Medium Medium , as individual as MCI* MCI* 250 the Nationalthe

Page Page 37

THE MSME SECTORS IN KAZAKHSTAN ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Karaganda Zhambyl West-Kazakhstan Atyrau Almaty Aktobe Akmola Kazakhstan Regions urban Table main to close geographically regions in industrializedmore and densely populated. operate to prefer M/SMEs see statistics The (9%). region Almaty (10%), Nur-Sultan regio of city following(11%), Region Turkestan in concentrated geographically are SMEs active of majority The total number enterprisesof in M/SMEthe sector. showabove table the in presentedyears of couple past the over Developments Source: National Source: Statistics Agency Shymkent city cityAlmaty Nur-Sultan city East-Kazakhstan Turkestan North-Kazakhstan Pavlodar Mangystau Kyzylorda Kostanay 11 Number of active of active Number Total Total No of Enterprises 1, 174 124 130 115 43 51 42 51 84 63 40 46 54 44 58 87 28 241 , , , , , , , , , , , , , 820 096 342 093 032 262 062 756 430 106 054 678 969 , , , , 509 685 804 630 , 328 M/

SMEs by regions regions by SMEs ml legal entities Small 231 12 62 40 10 17 10 7, 4, 9, 8, 5, 7, 5, 5, 7, 9, 7, 084 967 199 322 194 278 916 825 037 856 072 , , , , , , , 178 324 887 818 122 246 325

Number of Enterprises by Classification entities legal Medium – Scoping Study - Final Final - Study Scoping 2, 162 105 116 120 661 251 171 134 110 149 181 114 50 92 59 54 91 620

entrepreneurs Individual a year on year increase in thein increase year on year a ete, hc ae more are which centres, 809 110 60 38 32 43 83 61 54 20 31 40 30 37 58 40 27 37 s ct o Amt (14%), Almaty of city ns: , , , , , , , , , , , , , , , , 103 687 173 , 667 339 149 685 179 263 576 642 970 040 677 895 139 , 115 931

m to indicate that indicate to m Farmers 198 45 15 68 16 5, 2, 3, 3, 2, 6, 5, 8, 6, 2, 4 593 208 782 , 089 689 248 106 447 696 689 251 466 , , , , , 119 540 985 615 45 268

Page Page 38

THE MSME SECTORS IN KAZAKHSTAN yial ls vleadn scos Tae n rti i a tog sector strong a is retail and Trade sectors. value-adding less typically of majority the 2018, of end the At limited, in part due to the current concentration on trade and agriculture in th term long the in 50% to contribution their the However, sector. commodity the in operate mainly which companies, Kazakhstan’s of 28.3% for iie opruiis o epr ad noain ad largely and economy. innovation, and export for opportunities limited trade and retail especially However, low. comparatively are requirements investment Naturally, large enterprises contribute much more much contribute enterprises large Naturally, make up the M/SME sector to a large extent, and they fact the to related is This 36%. with low comparatively remains employment ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Industry Agriculture Kazakhstan Sectors Table the in employed people of number endAt the of total 2018,the number of employedpersons in Kazakhstan more than was 8.7 millio pdf http://documents.worldbank.org/curated/en/120501468253491149/pdf/PAD95 29 28 Services) Food & (Accommodation Hospitality Communication logistics and Transportation trade retail and Wholesale Construction Bank, 2015.World Source: National Committee on Statistics Mining Mining Supply of electricity, gas, water gas, water electricity, Supply of Manufacturing

12 Number of active/ SMEs by sectors by sectors SMEs of active/ Number 29

GDP in 2018 in GDP

M/ M/ M sco ws . million 3.2 was sector SME SMEs were active in trade (35%) and agriculture (19%), which are which (19%), agriculture and (35%) trade in active were SMEs , Enterprises Enterprises ofNo Total 1,238,708 * and the economy continues to depend on the activities of large of activities the on depend to continues economy the and . 434 231 57 38 44 29 16 76 In the meantime, productivity of SMEs in Kazakhstan remains Kazakhstan in SMEs of productivity meantime, the In 3, 2, , , , , , , 397 659 821 807 863 839 194 856 , , 390 021 to the country’s GDP country’s the to

don’t don’t normallyemploy other individuals. – Small legal Small legal Scoping Study - Final Final - Study Scoping 231 73 34 13 18 11 entities entities Number of Enterprises by Classification Classification by Enterprises of Number 4, 6, 9, 2, 2, eedn o te elh f h domestic the of health the on dependent , , , , , 415 827 971 186 520 , 905 672 915 621 571 325 28

.

h cnrbto f M/SMEs of contribution The 60PAD0P14010Box385412B00OUO090. than s nrne ares n start- and barriers entrance as government’s e M/SME sector. e M/SME sector. M/ entrepreneurs entrepreneurs that individual entrepreneurs individual that SMEs do. SMEs Individual 360 809 25 66 23 24 26 21 9, 1, 139 367 211 , , , , , , , , 424 885 149 892 242 182 485 115

is a sector with very with sector a is

M/ goal is to increase to is goal SMEs accounted SMEs n, whereasn, 198 198 Farmers Farmers to ------, , 268 268 total up

Page Page 39

THE MSME SECTORS IN KAZAKHSTAN on a a on CorruptionI the Perception on based performanceindicatorthat, negative is odr” (10 borders” 2019, follows: challeng main the studies, various considerationsand these on Based oi promne n poetn mnrt ivsos (1 investors” (18 property” “registering minority “protecting in performance solid ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB ‘ World Bank’s The 3.2. tabledoesn * Note: The National Source: Statistics Agency services Other entertainment and Arts services social and Healthcare Education services and support Administration technical services and Professional activities estate Real insurance and Finance Sectors 31 30 information business to Access

important than the ones listed The main above. problems are:

https://www.transparency.org/country/KAZ http://www.doingbusiness.org/data/exploreeconomies/kazakhstan . . . . .

100

having climb having Challenges faced by SME/MSMEs in Kazakhstan Kazakhstan in SME/MSMEs facedby Challenges lack of easily accessible/understandable information sources sources information easily accessible/understandable of lack corruption. access finance to regulations trade inspections and business licensing in excessive bureaucracy -point scale, ranking in 124 2 nd , cnetn t eetiiy (76 electricity” to “connecting ), Doing Business ed ’ t include medium-sizet include government way the makesavailable to statistics SMEs, due the up from up th ), it lags behind whe behind lags it ), the ’ figures suggestfiguresKazakhstan countr 190 that outof overall28th ranks

51

th

and place out 180of economies as 2018. of st rank in 2016. in rank know-how Enterprises Enterprises ofNo Total 158 15 33 34 80 9, 8, 6, 858 674 , , , , 145 867 378 208 892 , re 702 th the following sub- following the

, etn cei (60 credit getting ),

30

are additional obstacle for M/SMEs but of course less course of but M/SMEs for obstacle additional are On individual evaluation factors, the country shows country the factors, evaluation individual On

st –

Small legal Small legal Scoping Study - Final Final - Study Scoping ak, efrig otat” (4 contracts” “enforcing rank), 14 11 17 entities entities Number of Enterprises by Classification Classification by Enterprises of Number 2, 3, 7, 8, 5, , , , 233 750 324 798 739 089 802 608

es faced by Kazakhstani M/SME Kazakhstani by faced es factors are concerned: “trading across “trading concerned: are factors th , n “aain (56 “taxation” and ), ndex (CPI), Kazakhstan scores 31Kazakhstanscores (CPI), ndex 31 entrepreneurs entrepreneurs

Individual 144 21 16 72 7, 4, 8, 406 625 924 543 , , , , 576 600 094 613

th th . further A ).

ak and rank) Farmers Farmers s ------are as are ies in Page Page 40 THE MSME SECTORS IN KAZAKHSTAN The complicated application and approval procedures. ut hg itrs rts floe b ter er f eoig depend becoming of fear their by followed rates, interest high quote M/ o that people borrowed demonstrates start, to operate or expand a business or a farm, based 20 on Data Findex Global Bank World The less: even is involuntary) guarantees in support M/SMEs. of constraint about asked When friends. and relatives from funds as well m entrepreneurs Kazakhstani purposes, development/growth business For andhistory, high collateral requirements (on 200%)average acutely limit decline. to continues and crisis financial global the of aftermath to in M/SMEs Kazakhstani of share The countries. other in SMEs to and Kazakhstan ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB firmsall have abank loan creditor line. Banking penetration is high, based fact on 90%the that firmsof have banka as Credits to private sector Table https://www.adb.org/sites/default/files/project-document/79676/44060-023-tacr-03.pdf 36 http://documents.worldbank.org/curated/en/120501468253491149/pdf/PAD9560PAD0P14010Box3854 35 dimensional-review- 34 33 32 versu large and rural d are There friends. and relatives from support financial include resources M/SME most above, mentioned AS 3.2.1. amr ae es iey o ae dqae nent ces and announcements access internet adequate have to likely less are farmers How preferences. channel information in proprietors sole and SMEs between is there general In M/SMEs. larger the be to tend 5.4% these However, associations. g entrepreneurs of 5.4% Only television. local and newspapers local colleagues, websit are information business for M/SMEs Kazakhstani by used channels main The

compared to OECD benchmarks. financing,domestic external for banks on rely firms KazakhstaniAlthough World Bank, 2015. ADB (2013). Kazakhstan:Capacity SME Improving to Survey Support Development. SME

https://data.worldbank.org/indicator/fs.ast.prvt.gd.zs ADB (2013). Kazakhstan: Improving Capacity to Support SME Development. SME Survey Survey SME Development. SME Support to Capacity Improving Kazakhstan: (2013). ADB ED 21. “Multi 2016. OECD, SMEs receive around one-eighth of total loans and grow more slowly com slowly more grow and loans total of one-eighth around receive SMEs a . . DAMU percentage of GDP

13

Access to Finance Credits to private sector toprivate Credits unavailability of such services in the less developed parts of the country. country. the of parts lessthe developed services such of in unavailability services) advisory technical importantly services (including (non-financial) of quality inadequate Fn oee,i ihyrcgie n prcae o offeri for appreciated and recognized highly is however, Fund of by -kazakhstan-9789264246768-en.htm local municipalities and informationprovided by banks. - iesoa Rve o Kzksa” Vlm 1 Rtivd from Retrieved 1. Volume Kazakhstan”. of Review dimensional s ml Kzksai nrpeer’ acce entrepreneurs’ Kazakhstani small 86.6 33 EU

s netet ae financed are investments ’s

34 as In the agricultural In the sector access bank finance to (either voluntary or % of GDP at the end of 2018 of 2018 end the at GDP of%

Turkey 68.5

36

Georgia – Scoping Study - Final Final - Study Scoping

68 s o iac, nldn acs t collateral, to access including finance, to ss oty ey n eeiin lcl newspapers, local television, on rely mostly

hog itra rsucs wee internal where resources, internal through

Lack of cash-flow based financing, credit financing, based cash-flow of Lack

s in accessing credits accessing in s n o banks on ent M/SMEs’ 32 lending to the private sector is lowis sector private the to lending – graoal neetrts and rates interest reasonable ng

sl mblz proa fns as funds personal mobilize ostly A Needs Assessment. Assessment.A Needs isparities amongst urban versu urban amongst isparities http://www.oecd.org/publications/multi- account. However, only 19% of Russia 15 data. 51.3 ever, it should be noted that that noted be should it ever, pared to large enterprises in enterprises large to pared et information from business from information et access to funding. 12B00OUO090.pdf tal credits declined in the in declined credits tal

no es, business partners or partners business es, l 1 o Kazakhstani of 1% nly , – Nes Assessment. Needs A significant differencesignificant s el s og and long as well as , M/ , Kazakhstan SMEs mostly SMEs 27.3

35

s Page Page 41

THE MSME SECTORS IN KAZAKHSTAN

reduction and 8.2%and for investment loans theof with termover 1 year of end the at rate interest average weighted the USD), (primarily ye 1 over loans for 14.7% and 15.9% was rate interest the year, 1 to up 13.1%. was loans M/SME for rate interest average weighted the 2018, of end of As contributedalso the to decline M/SME in sector lending. average anmaintaining at aimed NationalBank, the of monetary policy Tight billion in 2016 to 4,567 billion 2018. in loan portfolio the in overall banking loan portfolio has increased from 27% i ept sbtnil oenet upr fr ak i te at two last the loanportfoliosrestructuring the of andclosure thebanseveralof in banks for support government substantial Despite National Source: Bank of Kazakhstan ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Table SM to loans on data the updates regularly Kazakhstan of Bank National The tolikely use larger loans, which comparable are to traditionalbanking pro micro Therefore loans. micro than other services and products banking bus to compared loans consumer in shorter much is documents less evaluationprocess loan The AMFOK. to accordingpurposes business and rates, interest higher at loans consumer provide also MFOs o sources important are and Kazakhstan of areas rural the in active req with regions semi-urban and urban the in businesses established (MFOs Organisations Microfinance by counter-balanced is this extent an To statements and available credit histories. s and targets managerial clear collateral, to titles clear projects, structured sound and investments profitable with borrowers government-related lo to priority give Banks services. and products financial targeted procedur banking complicated banks, by restrictions creditworthiness 2,3643.8 billion 37 National Bank provides aggregate MSME portfolio data only on micro- and and micro- on only data portfolio MSME aggregate provides Bank National 10 12 14 16 18 0 2 4 6 8 14 Comparison of outstanding loan portfolio of Banks and of S of and Banks of portfolio loan outstanding of Comparison 10.473 1.555 0121 0321 0521 072018 2017 2016 2015 2014 2013 2012 2011 in outstanding overall banking sector and SME loan portfolio in 2017- in portfolio loan SME and sector banking overall outstanding 11.657 1.871 Banking total sector loan portfolio 13.348 2.342

14.184 3.248 37 15.554 – . 4.242 Scoping Study - Final Final - Study Scoping

ks, lendingks, to ml nepie,ttlprfloo hssget KZT segment this of portfolio total enterprises, small iness loans. MFOs are not allowed to offer to allowed not are MFOs loans. iness 2018 w-risk, large companies, large SMEs and SMEs large companies, large w-risk, rud 0 o sc las r ue for used are loans such of 70% around f finance for rural micro and small SMEs. small and micro rural for finance f es as well as limitations in the range of range the in limitations as well as es SME loanSME portfolio er, asv wieof aog with along write-offs massive years, uired physical assets, MFOs are more are MFOs assets, physical uired entrepreneurs in Kazakhstan are less are Kazakhstan in entrepreneurs oltrl MSE otn ak well- lack often M/SMEs collateral. was 6.9% for working capital loans capital working for 6.9% was 15.511 ducts. complicated and the list of required of list the and complicated 5.002 ar. For foreign-denominated loans foreign-denominated For ar. uccession plans, audited financial audited plans, uccession n 2015n to 33% MEs 2011 - 2018 in KZT in 2018 - 2011 MEs ). While banks usually lend to lend usually banks While ). interest rate of 12.5% in 2018, in 12.5% of interestrate Es. The figure below shows below figure The Es. M/ 2018. The share of the SME the of share The 2018. SMEs5,002 decreasesfrom 13.591 For short-term loans of loans short-term For 4.665 at end 2018.of 13.762 13.762 4.567 4.567 a

Page Page 42

THE MSME SECTORS IN KAZAKHSTAN cities. cities.

The regional distribution shows ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Table SMEportfol loan small microofand Distribution 9 Figure year) in to year) one than less (maturity loans capital working of ratio The portfolio of KZT2,363 billion the endat of 2018. ou of distribution sector the shows below chart The enterprises. Small Unfortunately, theUnfortunately, distribution of is 15

83% Regional distribution of micro and small SME loan portfo SME loan small microof and distribution Regional : 17% regardless theof loan currency Other 36%

a M/ significant concentration of and Small Micro Almaty loans in and Nur-Sultan SME loan portfolio by sector and by region is only available for Micro andfor available Microis only region and by sector SME portfolioloan by Trade 23%

.

– Industry Scoping Study - Final Final - Study Scoping 15% io by Sector, end of 2018 2018 of end Sector, by io

Communications Communications vestment-type loans (maturity over one over (maturity loans vestment-type tstanding Micro and Small SME loan SME Small and Micro tstanding lio, end of 2018 2018 of end lio, 1%

Agriculture Construction Construction Transport 8% 6% 11%

Page Page 43

THE MSME SECTORS IN KAZAKHSTAN akd ih M dvlpet n is iso is mission its and development SME with tasked The organizations most relevant the plannedto ADB intervention are descri DAMU integrated and effective support tools through Kazakhstan, in enterprises medium-sized and small micro, of development ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 3.3.2. Figure of diversification and that organization government a is Baiterek Holding Management National The 3.3.1. 3.3. DAMU organizati The organisations under Baiterek shown are in the chart below: ot mort finance, Baiterek equity private and Astana). venture support, (previously M/SME for Nur-Sultan responsible in headquartered is and 2013 her areas her identifiedas a development focus.

is a government agency set up under Baiterek Holding and the Ministry Ministry the and Holding Baiterek under up set agency government a is offers four types support of programs as shown below: 10 DAMUEntrepreneurship Development Fund fund Baiterek holding Governmental M/SME support institutions institutions support M/SME Governmental Daughter companies of Baiterek holding Baiterekofholding companies Daughter on offers financial and investment support for non-oil and gas sectors gas and non-oil for support investment and financial offers Kazakhstan’s cnm ad ht trcs investments. attracts that and economy ’ . DAMU has 18 regional branches and 14 mobile offices. eie a tkn a ‘ an taking as defined – Scoping Study - Final Final - Study Scoping bed bed morein detail below. gage market, export support and support export market, gage a a ubr f subsidiaries of number a has cie oe n h sustainable the in role Active hog i’ sbiire, the subsidiaries, it’s Through promotes the development the promotes . Baiterek was founded in founded was Baiterek . of National Economy. It is It Economy. National of the implementation of implementation the

Page Page 44

THE MSME SECTORS IN KAZAKHSTAN sub via guarante M/SMEs 9,400 of support the for as well as SMEs, of development supported to date upr te establish the support has also DAMU finance. to access and development business on entrepreneurs h tbe eo poie a oeve o te current the of overview an provides below table The pr branches, which help M/SME help which branches, ‘Start its and entrepreneurs construction of water wells and installation of solar/wind systems solar/wind of installation and wells water of construction purc for eligible are areas when ruralinbreeding Farmers cattle engagedinmachinery. incentives investment 25% for eligible also are farmers guarantees, local the municipalities, which turn in are fundedthrough the state budget. ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB For DAMU. Entrepreneurship Source: Development Fund forentrepreneurs Consultation entrepreneurs of Training loans forSME loan guarantees Partial SMEloans of rates interest the Subsidizing MFOs and banks commercial via SMEs of Funding programmes DAMU Table DAMU Agriculture. 40 39 38 products leasing and loans subsidized offers cooperatives credit and entrepreneurship.ruraldeveloping farmers and supporting Throug MFOs rural companies, daughter its through suppo Agriculture, of Ministry the under holding state a Holding, KazAgro 3.3.3. DAMU an Programs’) Support ’Governmental below Rules for investment incentives (grants) for reimbursement of investment costs of agri-enterprise, order order Rules of costs foragri-enterprise, (grants) reimbursement incentives for investment of investment transpo engineering, production, materials furniture/construction industry, light Agriculture, https://smebanking.news/ru/13249-v-kazaxstane-slabeet-kreditnaya-podderzhka-malogo- ograms. communication, scientific and technical work, education, public health and social services. health services. social and education, communication, work, public and scientific technical d d partial loan guarantees to M/SMEs in priority sectors. 2019 16

is in charge of executing the Business Roadmap 2020 Under the Business the Under 2020 Roadmap Business the executing of charge in is anan a al ete n t ha ofc t rsod o pcfc r specific to respond to office head its in centre call a maintains KazAgro holding Entrepreneurs in DAMU Programmes, as of 01/01/2019 of 01/01/2019 as Programmes, DAMU in Entrepreneurs es DAMU 39 . plans additional fund raising: up to KZT 71 billion (approximately USD 18 USD (approximately billion 71 KZT to up raising: fund additional plans .

et f e bsnse sc a is ‘Start its as such businesses new of ment - p Bolashak’ up s during the initial phases of development or help with accessing state s state accessing with help or development of phases initial the during

projects/ beneficiaries beneficiaries projects/ Total number of number Total , optto. AU s uprig /Ms hog is regional its through M/SMEs supporting is DAMU competition. supported supported providing financial support in the form of interest rate subsid rate interest of form the in support financial providing 25,348 12,808 53,793 7,219 4,853 to amr. n diin o neet ae usde ad loan and subsidies rate interest to addition In farmers.

38

DAMU – Scoping Study - Final Final - Study Scoping projects supported, supported, projects Total amount of amount Total h its daughter companies, KazAgro Holdingdaughteritscompanies, h KazAgro rgas n companies/entrepreneurs and programs - 40 p Academy’ Up KZT million million KZT . 2,394,000 1 179,000 Investment incentives are paid out by out paid are incentives Investment ,944, Kzgo odn i tse with tasked is Holding KazAgro . - - - biznesa/ 000 rts rural and agricultural M/SME agricultural and rural rts 80% investment incentives for te investmentincentivesfor80% rt and storing, tourism, information and and information tourism, storing, and rt

sidized interest rates and loan and rates interest sidized

qet ad nure from enquiries and equests

rjc, uprig young supporting project, aig e eupet or equipment new hasing nme o iiitvs to initiatives of number a Roadmap #317 Ministry of by 47% - manufacturing manufacturing - 47% manufacturing - 42% 38% - manufacturing manufacturing - 38% Major sectors sectors Major 14% - logistics logistics - 14% 16% - logistics logistics - 16% 8 million) for the for million) 8 30% - trade trade - 30% supported supported

program (see program - - - upport ies s Page Page 45

THE MSME SECTORS IN KAZAKHSTAN Innovative Development (2015-2019, SPIID2), provide the general policy framework policy general the provide SPIID2), (2015-2019, Development Innovative state program state and trainingadvice,information, provide legal country to the entrep across established has Atameken associations, their and M/SMEs of support In associations representing M/SMEthe entire sector. mediat and objectives information among common formulating conduct, of codes enforcing the between link powerful more 2013 tmkn n is ebr soitos il ly n motn rl i pro in role raising awareness among important an play will Associations member its and Atameken coaching and capacity building.

to 2050 targets 2050 to ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB micro and representation of the small supporting in role important an play associations SME 3.3.4. Figure The government recognizes 3.4. providing guidance to associations and associations to guidance providing 2013. o ie mr sbtnil oc t te ag nme o salr soitos repr associations smaller of number large the Entrepreneurs of Chamber National the Kazakhstan, to voice substantial more a give To thelack critical mass to represent members’their interests effectively at government level. can associations However, some countries, most in government.sectors M/SME the the of fragmentation and info SMEs between business-related mediator a as as acting such generally programmes, matters, legal and tax opportunities, to services specific offer also associations business Some M/SMEs. suppo of development useful framework, policy effective an building in role crucial a play s private the and government the between interaction and communication to access limited have and national-level at voice a lack generally M/SMEs

challenges faced by M/SMEs by faced challenges

Aaee so h n ada mrlaognsto, representing organisation, umbrella an hand one the on is Atameken .

o els ti ga, h gvrmn hs dpe a ag o iprat meas important of range a adopted has government the goal, this realise To 11 Associationand National Chamber Entrepreneursof Atameken Governmental M/SME Sector Programs Sector Programs M/SME Governmental Daughter companies of KazAgro Holding Holding KazAgro of companies Daughter called ‘ called a 50% increase in the M/SME sectors M/SME the in increase 50% M/ members’ Senior Experts Senior SMEs. 163 accreditedWith associations as members, Atameken acts as of aFederation M/ the SMEs. . The Business Roadmap 2020 and the Strategy Program of the Industrial and Industrial the of Program Strategy the and 2020 Roadmap Business The importance importance M/SME of sectors the and National Development Strategythrough interests. M/ ’ SMEs and sector-specific associations and the government. Atameken is Atameken government. the and associations sector-specific and SMEs , which is linking sector-specific foreign experts with Kazakh with expertsforeign sector-specific linking is which , M/ SMEs, making policy recommendations, developing standards and standards developing recommendations, policy making SMEs, ‘ Atameken ’ contribution to GDP, up from from up GDP, tocontribution – Scoping Study - Final Final - Study Scoping ’ was created by governmental decree in July in decree governmental by created was consulting. Atameken is also operatinga also consulting.Atamekenis mto, die eadn support regarding advice rmation, uiess hog lbyn and lobbying through businesses ector, including associations, can associations, including ector, t esrs o h got and growth the for measures rt n cnlcs n disseminating and conflicts ing government services. Consistent services. government oig re ivsmns and investments green moting

be quite small and therefore and small quite be M/ eerhp upr centre support reneurship their members on market on members their SMEs and representing a representing and SMEs fo the r snig /Ms in M/SMEs esenting 18% contribution in contribution 18% M/SME developmentM/SME rs o drs the address to ures

M/ u t the to due SMEs forSMEs

s

Page Page 46

THE MSME SECTORS IN KAZAKHSTAN programs include: Program Strategy and Roadmap Business the under sectors Priority year 5 capital investmentand loans are eligible for financing. of maturity loan maximum with million 750 KZT is size loan Maximum eligible. are and existing Both million. 20 KZT exceeding not loan a of 85% to up cover may 1, KZT of size loan maximum a of 50% to up for obtained hc mncplte allocate municipalities which designa to m local the fundsby run programs small-scale similar of are There municipalities. allocation through budget state from funded are entrepreneurshipagr (ruralCompanyand Holding State KazAgro and The The programs that have been devised M/SME supportto sector developmentin regards M/SME to development resources additional in bring to agencies development and IFIs other budgetallocations and the Kazakhstan National Fund, the government is par 42 evcs n trade and services an areas manufacturing specific on mostly focusing limitations, sector some In guarantees. loan partial by supported and/or subsidies) rate delivered are M/SMEs targeting programs support state the of Most ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 3.4.1. cluster for targets and objectives including diversification, economic and Industrial ofInnovative Kazakhstan of andRepublic the 2015 Development 41 b should rate interest nominal (Maximum 14% to up rate interest nominal l on subsidy rate interest 50% a provides Government the and guaran amount loan provides DAMU program, 2020 Roadmap Business the Under program targeting innovative projects Industr Kazakhstan the that, of top On region. their for relevant the under primarily are sector M/SME the for programs Lending located in small cities and rural locations

oenet f aahtn 21. oda fr Business for Roadmap 2015. Kazakhstan. of Government Loansrates withNational exceeding(currently interest base Bank’s 9%)rate arenotplus 5% eli (i) (iii) (ii) (v) (iv) . . . .

The Business RoadmapProgram Production of construction materials materials construction of Production industry Light Mining Agriculture Employment Roadmap 2020 program, 2020 program, Roadmap Employment Business Roadmap 2020, Business Roadmap Economics of Simple Things program. program. Things Simple of Economics and program, Jol Nurly Agribusiness 2020 program, 2020Agribusiness program, , hc icdnal rpeet h lret u-etr aogt M/SMEs amongst sub-sectors largest the represent incidentally which a .

eti prin f h lcl ugt o /M spot n pcfc s specific in support M/SME to budget local the of portion certain

in industrial companies. , sectorthese limitations applydon’t – 00 Atn; oenet f aahtn 21. tt Porm o Program State 2014. Kazakhstan. of Government Astana; 2020. 850 – – 2019. Astana. 2019. Astana. Scoping Study - Final Final - Study Scoping million. For business start-ups the guarantee the start-ups business For million. large urban centres, these programs include programs these centres, urban large y Development Institute is operating a grant a operating is Institute Development y DAMU of Industrial and Innovative DevelopmentInnovative and Industrial of icultural sector). State support programssupport State sector).icultural in form of concessional loans (interest loans concessional of form in n esr ter fetv ue with use effective their ensure and Entrepreneurship Development Fund Development Entrepreneurship oans up to KZT 2,500 million with a with million 2,500 KZT to up oans unicipalities in major regions, under regions, major in unicipalities e mnsre, gnis n local and agencies ministries, ted development. e 14%) e tneringEIB,EBRD and with ADB, . es f 0-5 o te loan the of 50%-85% of tees

clude: otn ev ot etr like sectors out leave often d gible gible for subsidizing. newly established M/SMEs established newly 42 . Loan guarantees can be can guarantees Loan . 41 In addition to state to addition In . s. Both working Both s. o companies For

ectors, f Page Page 47

THE MSME SECTORS IN KAZAKHSTAN Priority sectorsPriority under the Economics Simple of Things program: for both working capital and investmentpurposes. eligible.Maximumarelo Both existingestablishedand newlyamount. loan M/SMEs ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB thr available are guarantees loan Additionally, interest years. 7 nominal to up Maximum is maturity rate. interest nominal of 9% to up by subsidized Lo M/SMEs. to on-lending for banks local of number a to billion 600 KZT N the purpose, this For sectors. priority in lending SME long-term t aims program The Atameken. by operated is and 2018 of end the at launched was P Financing for Mechanism named (also program Things Simple of Economics The 3.4.2. (2020-2025). to program 2015-2019 Development Innovative Road and BusinessIndustrial of the Program of revision and extension an announced has government The ......

......

Tourism (certain regions) regions) (certain Tourism facilities dormitory and educational of Construction elect bikes, goods, metal of Production chemicals of Production materials construction of Production ho of production lamps, of production electronics, consumer of production production, furniture production clothing, and textiles of (Production industry Light diary) meat and crops, (certain Agriculture production Food Transport and warehousing (certain regions) regions) (certain warehousing and Transport Economics of Simple Things

Other services Other entertainment and Arts social services and Healthcare Education services technical and scientific Professional, communication and Information Tourism warehousing and Transport waste of field the in services other and management) reclaiming management, waste waste, of disposal and t collection, plants, power hydroelectric by generation power electric plants, power other production products, finished of production (including manufacturing Other production machinery and Metallurgy ri c cables – Scoping Study - Final Final - Study Scoping ational Bank of Kazakhstan has allocated has Kazakhstan of Bank ational ough an interest rates for M/SMEs are M/SMEs for rates interest an cover the next five-year period five-year next the cover usehold chemicals and goods, goods, and chemicals usehold DAMU ae hud e 5. Loan 15%. be should rate riority Projects 2018-2020) 2018-2020) Projects riority an size is KZT 750 million750 KZT sizeis an a 22 ad Strategy and 2020 map for up to 50% of the of 50% to up for o scale up affordable, up scale o of electric power by by power electric of of paper) paper) of reatment reatment Page Page 48

THE MSME SECTORS IN KAZAKHSTAN start-ups and existingentrepreneursstart-upsand businesses.eligib Additionally, are 85% of 85% of loanthe amount ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB maturity borr final to rate interest The eligible. are loans investment sector and no capital are There regions. other for million 16 KZT and Shymkent, and Nur- Almaty, Aktau for million 20 KZT approximately is size loan maximum The banks. and MFOs and entrepreneurs micro targeting is program 2020 Roadmap Employment The 3.4.3.

Employment Roadmap program of up to 5 years. The program actively promotes entrepreneurship by offerin by entrepreneurship promotesactively program The years. 5 to up .

– Scoping Study - Final Final - Study Scoping le for DAMU for le owers is capped at 6%, with a loan a with 6%, at capped is owers is channelled both through both channelled is limitations, both working both limitations, ’s g trainings and loans forloans and trainings g loan guarantee of up toup of guarantee loan Sultan, Atyrau, Sultan, Page Page 49

OPPORTUNITIES FOR GREEN INVESTMENTS IN KAZAKHSTAN’S M/SME SECTORS ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB M/SME the understand deeper a gain To 4.1. 4 rdciiy n hge qaiy alwn te t cmee oe effect moredevelop exporttheir capacity compete to them allowing quality, higher and or productivity motivation expressed The machines. modern with equipment of stock and/or improving is priority top a as define do entrepreneursKazakh What NGOs reflects a misunderstanding of green technologies prevalent mostin transitio stakeholders, top Associations,the at efficiency water and energy put to not do M/SMEs interviewed, According technologies. efficient resource analysis sector the from result important most The 4.2.1. 4.2. DAMU stakehol key with Interviews programs. financing and support potential and insights into green investment opportunities investment green into insights and surveythe additionandinterviews,Into meetings/discussions with interviewed is attachedAnnex in 1. wid a provided also initiatives for supporting entrepreneurship and the opportunities for meetings These products. and services non-financial inforcollectdesigned onlineresponding. An M/SMEswas questionnaire to du conducted was SMEs of survey online the DAMU, of support kind the With complementedwas by a dedicated sector assessment. The assessment methodology inclu interviewed attachedis Annexin 1. awareness green technologies, of regulations,barriers current readiness in and to In addition, face- addition, In Surveymonkey platform during and June July 2019. Th investments. green for appetite challenges that associations Kazakhstan of to M/SMEascertain mechanics and viabilities of current of viabilities and mechanics as well as opportunitiesfor as well as

. .

, Green Energy & Technology Associations, Vendors, NGOs and Donors Donors and NGOs Vendors, Associations, Technology & Energy Green , A very promising main result Methodolog Summary Results Results Summary neves ih soitos gvrmn isiuin, atrk gnis N agencies, experts. Bayterek institutions, government associations, with Interviews surveyOnline SMEsviaof DAMU S O s’ awareness of and willingness to invest in green technologies, green in invest to willingness and of awareness s’ ECTORS PPORTUNITIES FOR FOR PPORTUNITIES M/ to SMEs encounterSMEs throughoutentrepreneurshipthe journey, including ac -face interviews were conducted with Atameken and sector-specific indus sector-specific and Atameken with conducted were interviews -face

y M/

. ing of opportunities for green investments in Kazakhstan’s in investments green for opportunities of ing

SME sector development. Interviews also helped to betterunderstanddevelopment. helped Interviewsto sector also SME of e M/ the main part of the survey comprised 10 questions and was run on the on run was and questions 10 comprised survey the of part main SME support programmes, the green technologies market, challenges market, technologies green the programmes, support SME G ’s SME database, Sector Analysis SectorAnalysis REEN REEN s’ understanding and attitudeof to green investments, in I NVESTMENTS IN IN NVESTMENTS is the an evident misalignment of understandings regarding understandings of misalignment evident an M/

SME sector as well as process requirements for requirements process as well as sector SME – Scoping Study Scoping creating synergies. associations The of list key stakeholderskey provided interesting data ders such as government authorities, government as such ders of their list of priorities. of list their of vl vsàvs mot ad lo to also and imports vis-à-vis ively mation on mation on renewing their existing, out-dated existing, their renewing

K -Final -Final n n countries. rvr ae h dsr fr more for desire the are drivers AZAKHSTAN publically available information available publically prpcie n h existing the on perspective e ring June-July 2019 with 317 with 2019 June-July ring vest. The list of stakeholders of vest. The list rvdd nihs no the into insights provided SMEs‘awareness n slce expert selected and ded the following: cess to financialand cessto O ad individual and GOs M/SME sectors and sectors M/SME ’ try and M/SME and try S M/SME Th M/ is clearly is

ex of and of SMEs’ isting

Page Page 50

OPPORTUNITIES FOR GREEN INVESTMENTS IN KAZAKHSTAN’S M/SME SECTORS related typically economy, green of aspects other attitudinal changes. tackle to willing more also are no are investmentsthatgreen widerreaching engagein to likely more been has benefits true of understanding and awareness of level this Once driver fordriver investment is resource efficiency (with all its relatedand/or additi r is awareness once technology; new for desire the on based is investment 2013 since available been has line credit investment green profile high a where profitability. We expect that, after a few years, the same effect as in countr in as effect same the years, few a after that, expect We profitability. broadly representative structure of the M/SME theof sector in Kazakhstan: modernmachines will generate energy savings of at least 20%. fiiny eeis Ie bnft rgrig oiie mat n h enviro the on impact positive regarding substantial benefits I.e. will investors benefits. of efficiency experience (guided) and made are ones) technologiesnew(green in investmentsensure that will investors th sense the in sector the educating support will ADB by planned investments. such by afforded gains efficiency related the of awareness raising whilst profitable) and competitive more become equipment new in (invest goals own their achieve Kazakhstan in entrepreneurs Online conducted for Survey Source: Study Scoping ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Manufacturing. and Services Wholes are Kazakhstan in sector M/SME the in subsectors prominent most The Sample Composition below. th for conducted survey dedicatedmarket the of results and composition The 4.2.2. a indicates This old of replacement any that and intensive energy also but performance, quality not is equipment existing the that isunderstood fully not is What Figure Figure

12 MarketSector Surve Breakdown of Survey Respondents by Business Activity Activity Business by Respondents Survey of Breakdown ra opruiy o te lne AB intervention ADB planned the for opportunity great

The breakdown by business activity of the survey sample survey the of activity business by breakdown The y

liaey a re ivsmns nevnin s h one the as intervention investments green a Ultimately, – Scoping Study Scoping at the initial motivation (new machinery) of machinery) (new motivation initial the at by default if they replace out-dated existingout-dated replacethey if default by only out-dated in terms of productivity and productivity of terms in out-dated only t directly related to new machineryand new relateddirectlyto t

y nrae wrns o resource of awareness increase ly onal benefits).onal

-Final -Final mn, c nment, aised to a higher level, the main the level, higher a to aised e Scoping Study are summarised are Study Scoping e ies like will emerge will Kyrgyzstan like ies achieved, companies are much are companies achieved, ale/Retail/Trade, Agriculture, ale/Retail/Trade, a i cn fetvl help effectively can it as , : i.e. initially the driver for driver the initially i.e. : and process upgrades and upgrades process and n meit resource immediate and om equipment with with equipment o eaiua and behavioural to

ec ad company and merce (3

17

respondents) is respondents) new , Page Page 51

OPPORTUNITIES FOR GREEN INVESTMENTS IN KAZAKHSTAN’S M/SME SECTORS average age machine of the park installed, mainly due to the following reasons: cr efficiency resource a of viability the determining factor important An Online conducted for Survey Source: Study Scoping ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Figure credibilitylends to the answerssubsequent given during the survey quest business their running in experience substantial have respondents me That old. years 5 than more were sample survey the in companies of majority The Equipment Age

below shows the distribution equipmentof age in the survey sample: mo is equipment their that stated sample the in respondents of majority The . . .

13 20% energy savings; understood much faster. for improved productivity/quality, the ‘additional benefit ‘additional the productivity/quality, improved for mo are machinery new in invest to decisionscompanies’ if I.e. effect. learning) demonstrat significant more much a to lead generated savings resource Higher savi resource the are higher the investment replaced, be to machines the older The the of (regardless machinery new in productivity/quality or green technology); invest to likely more are Companies Breakdown of Survey Respondents by Company Age Age Company by Respondents Survey of Breakdown . As stated before, replacing equipment that is at least 10 years old will generat will old years 10 least at is that equipment replacing before, stated As – Scoping Study Scoping s ’ and in developments in their sector. This sector. their in developments in and - resource savings resource - edit line in a transition country is the is country transition a in line edit ions:

-Final -Final re than 5 years old. The figure The old. years 5 than re ans that the majority of majority the that ans g gnrtd y the by generated ngs – become evident and evident become esn ie higher i.e. reason, tivated by the desire the by tivated ion (and subsequent (and ion e at least at e

Page Page 52

OPPORTUNITIES FOR GREEN INVESTMENTS IN KAZAKHSTAN’S M/SME SECTORS today. inst equipment the of Much refurbishment/retrofit. park machine major green-field a of part as 10 either 2000-2007, than between equipment more new is in invested Kazakhstan in sector M/SME the in machinery of majority an Associations with discussions that noted be should it However, Online conducted forSurvey Study Source: Scoping name thename top energyfive consuming equipment in company,their the following list main the of aware quite are survey the to responded that Companies Awareness of Energy Consumers Online conducted for Survey Source: Study Scoping the responses refine to survey the in included was question The property. about asked were respondents when survey the by confirmed was notion This ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Figure Figure actual actual production equipment. /M sco bekon wee h mjrt o cmais r eggd n se in engaged are companies of majority the where breakdown, sector M/SME . .

15 14 That places majoritythe machines of in operation year today age 12-19 range. in the Compressors Production equipment Equipment of Age by Respondents Survey of Breakdown Average Age of companies’ main Property companies’ ofmain Age Average

The vastmajority of ‘main property’ was more than 10 years old.

– Scoping Study Scoping d other stakeholders confirmed that the that confirmed stakeholders other d energy consumers. When asked to asked When consumers. energy regarding equipment age and reflect and age equipment regarding alled at that time is still in operation in still is time that at alled

-Final -Final er od Mn companies Many old. years the average age of their main their of age average the investment or as part of a of part as or investment emerged: emerged: vcs n d nt use not do and rvices

Page Page 53

OPPORTUNITIES FOR GREEN INVESTMENTS IN KAZAKHSTAN’S M/SME SECTORS oeta lc o udrtnig te epne t te bv qeto w question above the companies how important selected measures to aretheir for company: responses the understanding, of lack potential they they investedhad arein planningor to invest in. respond asking by qualified further was Technologies Green on question The concernand amongst all entities spok we recycling / disposal waste and minimization waste that noted be should It renewable and efficiency energy by followed minimization, waste is highest ranks that measure The Online conducted for Survey Source: Study Scoping As the terms terms the As Online conducted for Survey Source: Study Scoping ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Figure Figure (over 70%)(over answered the that they consider green technologies and green economy as very imp technologies, green and economy green to attitudes about asked When Importance of GreenInvestments . . .

17 16 Air ConditioningAir Vehicles Boilers Economy / Technologies to Green Attitude ‘Green Investments’, ‘Green Investments’ and ‘ and Investments’ ‘Green Investments’, ‘Green Importance of ‘Green Measures’ to the company to the Measures’ ‘Green of Importance e to as part of the scoping study. – Green Technologies Green Scoping Study Scoping

is a recurring topic of importance of topic recurring a is

-Final -Final r frhr ulfe b asking by qualified further ere ents, which green technologies green which ents, at aoiy f respondents of majority vast ’ can be ambiguous due to a to due ambiguous be can

ortant: ortant:

energy. Page Page 54

OPPORTUNITIES FOR GREEN INVESTMENTS IN KAZAKHSTAN’S M/SME SECTORS hw i te rp blw mr ta 5% f epnet sae t stated would invest in any case: respondents of 50% than more technologies below, graph the in shown in would they that was it likely how asked were respondents above, shown investment technology green regarding responses positive the confirm To Likelihood of Investment inGreen Technologies Online conducted for Survey Source: Study Scoping ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Figure provides below figure The responses given: energy. renewable and envelopes building of plannedininvestmen ranked highest equipmentand replacements Machine cost low comparatively is and skill technical no practically requires widely, promoted some in qu a invested is lighting Especially lighting. modern and already metering in investments have companies many that shows below graph The

18 Green investment measures implemented and planned planned and implemented measures investment Green if a grant or concessional funding were available were funding concessional or grant a if – Scoping Study Scoping , whereas almost 15% stated that they 15% that almostwhereas stated , ick win as efficient lighting has been has lighting efficient as win ick

a te wud net n green in invest would they hat potential evident from the results the from evident potential ts, followed by thermal protectionfollowedthermal by ts, -Final -Final vest in green technologies. As technologies. green in vest h dtie oeve o the of overview detailed the ‘quick to purchase and install. and purchase to - i’ esrs i.e. measures, win’

Page Page 55

OPPORTUNITIES FOR GREEN INVESTMENTS IN KAZAKHSTAN’S M/SME SECTORS expansion. Most of the governmental support programs to accessis sector trade the in M/SMEs for constraint leading The positively. o to planning are sector equipment and facilities. Whenabout the likelihood asked of investing in green techno trade and retail the from respondents of who companies trade equipmenthave onlinesurvey, older tha of the 29%According to malls, shopping large towards supermarkets. markets/bazaars traditional the from t importanttrend An others.constructionmaterials and trade, entrepreneu small and micro of numbers Large portfolio. loan SME/MSME conducted Online for Study Survey Source: Scoping In terms In terms of green technologies, following the are most relevant ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Kazakh dominates required investments long-term the than risk lower th of part short-t smaller are with profits generate M/SMEs can retail and risks of trade in number businesses political largest and the consequence economic a high As of entrepreneurs. situation the given and Traditionally sectorThe trade as discussed includeshere wholesaleretail, as as well import/export trad Trade The most important sectors with regards resource to efficiency potential are discus 4.2.3. Figure . . . . .

19 Priority Priority Sectors for Green Investments staff areas,staff LED signage, LEDlighting inside refrigerated display cabinets and coo stor for sensors occupancy including outside) and (inside lighting LED Insulation of buildings HVAC Water saving equipment in toilet facilities of larger shopping centres; Energy efficient refrigeration: freezer and cooling chambers,cooleddisplay cabinets, compres Likelihood of investment in Green Technologies Technologies in Green investment of Likelihood – heating, ventilation and air conditioning stan’s /Ms etr bt i trs f ubr f cie /Ms n b shar by and M/SMEs active of number of terms in both sector, M/SMEs in the manufacturing industry. Wholesale and retail trade retail and Wholesale industry. manufacturing the DONOT address or this even exclude sector – hat emerged over the past few years is the shift the is years few past theover emerged hat Scoping Study Scoping :

finance, both for start-up purposes and for and purposes start-up for both finance, ae neetd n oenzn their modernizing in interested are r erm investments, which bear a much a bear which investments, erm

rs operate in food trade, clothing trade, food in operate rs -Final -Final tae s oua amongst popular is trade , age rooms, warehouses and warehouses rooms, age sed in sed in more detail below. eae rd cnrs and centres trade lesale n 5 years. Moreover, 62% years.Moreover, 5 n s u-etr Overall, sub-sector. is logies, 79%logies, responded e. e. ling chambe

i the in e sors; sors; rs , etc; .

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OPPORTUNITIES FOR GREEN INVESTMENTS IN KAZAKHSTAN’S M/SME SECTORS In terms In terms of green technologies, following the technologies are most relevant about the likelihood of ininvesting anygreen technologies, 83% responded n fclte. giutrl im ae lo neetd n ae efcec meas efficiency water interested are in or to interested planning are also respondents are firms Agricultural facilities. and ( respondents survey of majority substant is machinery farm of majority the that discussionsindicate stakeholder olde is which equipment, have farmers of 61% survey, online the to According modernisationthe agricultural of machinery and equipment. pro alia inter programs, support of number a offers government The ge or water listed below. and energy save can agriculture which in ways various are There ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB logistics, and relevant and covered as business some activities by agricultural companies storage sectors, auxiliary or related As production. prod diary and meat production, crop of consists sector agricultural The leasing, most of of most leasing, cons to readiness its states Finance KazAgro Whilst leasing. equipment is majoritythe of enterprises this sector in small very are and have limited very access finance. to excepti One exceptionthe with that, noted be must responses,positive the it Despite Agriculture i.e. tractors, harvesters, etc......

Biogas and biomass (boilers). Solar Hot Water; Solar PV; Rainwater harvesting; cattle, poultrybreeding (heated) equipment, etc.; farmingincluding and poultryequipment, milkingCattle equipment, on-deman Packaging equipment; storageCold and warehousing; Intensive orchards; Greenhouse equipment; Auxiliary equipment such as tools, motors and compressors; Agricultural machinerysuch as tractors, combine harvesters, etc.; Efficient crop irrigation, including irrigationdrip and pumps; Modern lifts and escalators and/or efficient lift and and escalators lift efficient and/or escalators and lifts Modern Solar PV on building roofs and over parkingout-door spaces; leasing companies serving this sector focus on ‘movable equipment that can be regis be can that equipment ‘movable on focus sector this serving companies leasing 81% ) in the agricultural sector are planning to modernize their eq their modernize to planning are sector agricultural the in ) in netet i ae-fiin tcnlge. hn asked When technologies. water-efficient in investments – Scoping Study Scoping saao mtr ad dmn snos on sensors’ ‘demand and motors escalator viding concessional loans and grants for grants and loans concessional viding n t a ere od rcsig are processing, food degree a to and of the larger agriculturalcompanies, larger the of uction as well as vegetable and fruit and vegetable as well as uction . ider any agricultural equipment for equipment agricultural any ider

-Final -Final : positively.

ially older than 10 years. The years. 10 than older ially r than 5 years old. However, old. years 5 than r nerate renewable energy as energy renewable nerate rs n 7% f survey of 78% and ures d drinking systems ford uipment tered’, on Page Page 57

OPPORTUNITIES FOR GREEN INVESTMENTS IN KAZAKHSTAN’S M/SME SECTORS ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB sectorService companies have educa healthcare, restaurants, hotels, andlogistics ICT. included have we sector service the In Services In terms In terms of green technologies, following the are most relevant tourism Initiative), Road and Belt Chinese requirement for tourists), and information/communication technologies for (ICT). country transit key a According t According government strategies in the following segments segments following the in strategies government ne the become to potential the have Kazakhstan in sector services the in M/SMEs likelihood investingof in any green technologies, 78% responded positively. interested are or to planning are them of modernizing in interested are or to planning are respondents of 66% ......

at wtr ramn (seily ih h eegne f oe us hue i r in essential); houses guest more of water waste compact available, emergence not are connections sewage where areas mountainous the with (especially treatment water Waste Water saving devices (low flow showers, taps, WCs); electronic key card systems; windo equipped sensor including systems,management energy Building signage;hallwa in control sensor occupancy with inside) and (outside lighting LED Insulation of building envelope efficient and windows; HVAC astrictof visa requirement has certainly given another push the hospitalitin MSM and SMEs by filled were sector service the throughout extensively existed transition the during activity economic of liberalization the With industTheservice Kazakhstan: in sector this expectations of growth and Size c infrared sensors, occupancy fittings, etc. systems, card key electronic installing by impact fr vastly benefit therefore can Companies etc. on switched lights running, ke and facilitythe consumptionof water and energy forregard little behavioura the over influence limited resource consumption. E.g. guests aclinic ahotel, in students have in or patients in au only sectors services the in Companies servicestheir 24/7 (e.g hotels clinics).and high-energ have often industries service the in operating Companies Pumps and motors for pools; detergents; equipment laundry efficient water and Energy o the online survey, 36% of service enterprises have equipment, which is older than than older is which equipment, have enterprises service of 36% survey, online the – heating, ventilation and air conditioning; a large energy and resource saving for severalpotential reasons: in investing in water-efficient technologies. When asked about the about asked When technologies. water-efficient in investing – transport and logistics (Kazakhstan is positioning itself as itself positioning is (Kazakhstan logistics and transport , or ozone laundries that also eliminate the need for need the eliminate also that laundries ozone or – Scoping Study Scoping :

their equipment and facilities and 62% and facilities and equipment their Kzksa aoihd h visa the abolished (Kazakhstan period, various niche markets that markets niche various period,

-Final -Final ep taps running, air conditionersair running, taps ep y requirements, as they provide they as requirements, y ws and doors in addition to addition in doors and ws in sot, rnpr and transport sports, tion, om minimizing the huma the minimizing om w rising stars considering stars rising w y sector. y sector. ys, staff areas etc, LED LED etc, areas staff ys, ry was underdeveloped. was ry Es. The abolishment The Es. niversity mayhave nrl o water on ontrols apcs of aspects l treatment is treatment 5 years old. years 5 mt and emote n Page Page 58

OPPORTUNITIES FOR GREEN INVESTMENTS IN KAZAKHSTAN’S M/SME SECTORS ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB In terms of green technologies, following the are most relevant posed to grow. sector, this of development the supporting is government the As basis. case which needs, diverse very have firms Industrial technologies. productive to themallow the facilitate replacement existingof equipment e morewith afforda as facility, ADB planned the from benefit could SMEs Industrial askedabout the likelihood investing of in any green technologies, 95% responded water-effi in investment considering are them of 73% and facilities and inte are or to planning are respondents of 72% years. 10-15 between c processing dairy and food of association the to According old. years the onlineAccordingsurvey,to 45% manufacturingoverequiof companies have parts. local the in development steady but slow a to led has This over. is device av readily always not are suppliers these from services part spare and la by dominated is i etc.) compressors, used units, technologies handling keyair chillers, some efficient for market the While necessity. of out emerged some In now. market the in seen be can technologies’ man ‘green produced for importer net a remains Kazakhstan though Even programs. development and economy the of industrialization accelerated prioritized has government with low, relatively was sector producing any of proportion overwhelming Kazakhstanan for accounting in industrialization of level the Historically, etc. processing, metals production, materials construction logistics, and storage produ food including activities of range wide a covers Manufacturing Manufacturing ......

LED lightingLED and demand base lighting staff in changing and shower rooms; Insulation of buildings; HVAC motorsElectric and VSD drives; Process/productionequipment; Rain water harvesting use(for laundriesin and gardens); Solar water heaters; Solar PV; Refrigeration, cold storage chambers; recoveryHeat on exhaust air; Energy efficientcookers and ovens (kitchens); Compressors and pumps; Waste water treatment (especially for foodtextile/Leather and production); recoveryHeat systems; – heating, ventilation and air conditioning; – Scoping Study Scoping :

. Over the past two decades, the Kazakh the decades, two past the Over ompanies the actual equipment age is age equipment actual the ompanies rested in modernising their equipment their modernising in rested ailable after the warranty period of a of period warranty the after ailable ction, textile and leather production, leather and textile ction, ble credits with suitable terms would terms suitable with credits ble have to be analysed on a case- a on analysed be to have cient technologies. Moreover, when Moreover, technologies. cient nergy efficient,nergy efficient, water and production of devices and/or spareand/or devices of production

cases this type of manufacturing of type this cases g nentoa upir, repair suppliers, international rge -Final -Final demand for related equipment isequipment related for demand has set up relevant policies and policies relevant up set has wood processing and furniture, and processing wood pment, whichis older5 than positively. gen netet (e.g. investments green n

pout, vn locally even products, y h arclua sector agricultural the by - Page Page 59

OPPORTUNITIES FOR GREEN INVESTMENTS IN KAZAKHSTAN’S M/SME SECTORS facility, facility, approachthe to overcome barriers these would asbe follows up ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB investments, t of awareness of lack include investments technology green to Barriers 4.2.4. ept te tog oeta fr re ivsmns ee i nt recog not if (even investments green for potential strong the Despite existing various and planned support state programsM/SMEs. targeting government other and DAMU with collaboration close for need a is There loans a are must the facilityand should ideally combined be accesswith to ch this address to order In firms. larger to compared fees and rates As history. credit collateral/guaranteesand provide to inability hampered is SMEs to Lending loans. bank formal Only limited. remains sector the in companies of bankability -front investment costs and limited availability of affordable finance. With finance. affordable of availability limited and costs investment -front ......

Obstacles to be overcome Concessional and/orloans grants; Technical support for end-users, awarenessActive raisingand marketing; Solar hot water. Solar PV on factory and warehouse roofs; Low flow taps/showerswater and toilets; Biogas (especially for dairy processing); Refrigeration and cooling chambers; a lack of technical knowledge and skilled staff (due to the size of the majo the of size the to (due staff skilled andknowledge technical of lack DAMU and banks/MFO by ak f ouetto ad information and documentation of lack – a Scoping Study Scoping a result, loans to M/SMEs incur higher interesthigher incur M/SMEs to loansresult, a small portion of active M/SMEs has access to access has M/SMEs active of portion small s;

allenge, grants/concessional (low interest)(low grants/concessional allenge, :

ie udr hs em b M/SMEs by term) this under nised he wide range of benefits of green of benefits of range wide he DAMU

agencies, taking into account the account into taking agencies, -Final -Final in the scope of the future ADB future the of scope the in loan guarantees. rity of M/SMEs), high M/SMEs), of rity , companies’ ,

Page Page 60

REVIEW OF THE LEGISLATION FOR ENVIRONMENT & GREEN TECHNOLOGIES - SUMMARY ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Ventilation and Heating Insulation and doorsWindows Table as serve tomarket assessment in Kazakhstan, as shown below. criteria performance and program, investment green potential a which technologies, green and categories of list the defined have we coun other in lines credit green similar with experience our on Based definition and baseline structure, supply standards, resultingKey inPerformance Indicatorsfor each selected green technol volume, market the of estimation for market the analyse to was assessment Market Technology the of goal The 5.1. 5 Lighting Transport Air compressors Motors Industrial Cooling Commercial and generation and Co- Power Pumps Heat

Categories Categories

17 , Pumps, Pumps, and Summary Results Results Summary List of categories and technologies technologies and categories of List R EVIEW OF OF EVIEW

engines, Solar PV Solarengines, PV CombustionCHP pumps heat source pumps, Ground Water heat source Air systems Filtration Units, Extraction fans, systems, Handling Air System, recovery Heat ManagementEnergy Thermalcollectors, boilers, Solar thermal Gas Oil boilers, basement ofInsulation ofInsulation walls, ofInsulation rooftop, Doors Windows, Glazing, Lamps, Lighting Lamps, Lighting Combine Harvester vehicles, Tractors, Forklifts, Heavy duty pumps, Fans Electric Motors, Water Compressed Air, conditioners chillers,Air Air-cooled Water-cooled chillers, Technologies Technologies G REEN REEN T ECHNOLOGIES IN IN ECHNOLOGIES Not mature market Developing not mature. water heaters: Solar market mature Boilers: Mature Market Medium Mature Market Medium Mature market Mature market potential, high Mature leasing market,main by on-going companies covered players as Mature Mature Penetration Current Current Market Market High EE High potential Medium ih de o low to (due High High for chillers for Air lower conditioning, Commercial Medium for CHP potential Medium Solar PV. fro potential High High potential high very heaters: water Solar Boilers:medium EE High potential Medium – technical assistance loans grants or and Raising, subsidised Development Development Scoping Study - Final - Study Scoping with Awarenesswith K Potential Potential AZAKHSTAN tries and our experience in Kazakhstan, in experience our and tries re most suitable for financing under a under financing for suitable most re

ecmrs o te technical the for benchmarks W/m ofInsulation walls <0.20-0.55 - U-Value climate zone U-Value- 1.25 3.3W/m Ground source heat source pumps Ground Higher than 90Lumens Watt. than per Higher at least with motorEquipped IE2 Water pumps 2020) which willgovernment effective become from the Class by (as EE stipulated per requirement Electric Motors at least motor IE2 Air compressors - at least class Air conditioners A chillersAir-cooled Water-cooled chillers recommended IEC 61215,IEC 61730certificationsare Solar PV Efficiency), Overall efficiency CombustionCHP engine Water heat pumps source recommended Conversion and factorlaboratory a third by tested Heat performance party Solar thermal collectors Oil boilers Gas boilers W/m ofInsulation - basement U-Value <0.18-0.5 W/m ofInsulation rooftop green technologies, including technologies, green f iiu performance minimum of

ogy. ogy.

2 2 K K K Performance CriteriaPerformance Defined – Panel Efficiency > 13% Panel Efficiency – – 84% (thermal efficiency) (thermal 84% efficiency) 87% (thermal 87% efficiency) – 0.29 Minimum Efficiency Index; Efficiency 0.29Minimum – – At least IE2 Energy Efficiency least At Energy IE2 115 Wh/m3; Equipped with with 115Wh/m3; Equipped – 1.7 COP 1.7COP – – U-Value0.18-0.5 < 1.9 COP 1.9 COP – 2 K, depending on on K, depending –

– > 38% (Electric >38%(Electric COP > 4.1 >4.1 COP – ≥ COP > 4.6 >4.6 COP 85% ≥ 75%are

2 K K Page Page 61

REVIEW OF THE LEGISLATION FOR ENVIRONMENT & GREEN TECHNOLOGIES - SUMMARY excludes the potential values for generationpower (including Solar PV) and for Pro technology group technology green a of duration typical the being years four (i.e. period four-year gree of values potential the of breakdown a provides chart following The esp The biggest shares biggest The sales offices. international by manufactured brands on based often is Russia from ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB lighting). (i.e. technologies some for 70% wit Kazakhstan to importers top the far by are Russia and China Kazakhstan. produ domestic limited very is there as imported, is equipment performance through or departments sale own their through either presence above the of each practically for suppliers international several are There Equipment Technologies & Process Technologies Water Saving 43 criteria defined in this study, and which is destined for the M/SME sector M/SME the for destined is which and study, this in defined criteria At least at the beginning of the facility given the very low low very facility of the the penetration least At rate of technologies. beginning such given atthe ec ially pumps and electric motors, followed by insulation. only reflect the quota, which quota, the reflect only in green technologies in Kazakhstan at present are represented by mot by represented are present at Kazakhstan in technologies green Control SystemsControl technologies specificSector systems treatment water Heads, Compact Efficient Shower System, Water Toilets, Irrigation Drip Efficient Taps and meters/valves,Water Systems, Water Flow Rainwater Harvesting

Application specific assessment required. High potential due to age of machines. age to due potential High required. assessment specific Application mature, underdeveloped Not However, it should be noted that especially equipment imported equipment especially that noted be should it However, is expected to meet the minimum performance minimum the meet to expected High potentialHigh need) replacement high and investment cost – Scoping Study - Final - Study Scoping local vendors and dealers. Most of the high the of Most dealers. and vendors local credit line). The values shown for each for shown values The line). credit companies but supplied via the Russian the via supplied but companies n technologies for a one-year and a and one-year a for technologies n technologies ction of green technologies in technologies green of ction h shares sometimes exceeding sometimes shares h recommended specificApplication 50% water. assessment is save irrigationirrigation, can than drip more savings conventional Compared to effect. baseline irrigation the for drip determines the type of the systems crop. on However, depend rainfalllargely by irrigation determined and Perfofrmance of harvesting rainwater systemsis influenced. this Hoever, shower. is also bahviour liter use 25-50 per Water shower-heads saving abased dual on flush system. Water liters toiles saving normally use 2.5-4 istechnology eligible saving water Nospecific Any criteria defined. recommended Indexdata Color and (CRI)>80 Rendering are certifications party Third of photogrammetric lamps; LEDs. Eligible T5/T8 lamps: HE fluorescent Linear

cess Technologies. . ,

which have a local a have which The chart currently chart The

or driven systems driven or 43 . installed base of of base installed , Page Page 62

REVIEW OF THE LEGISLATION FOR ENVIRONMENT & GREEN TECHNOLOGIES - SUMMARY

manufacturing industries (especially for energ the of Most success. of likelihood high a with opportunities quick-win cur insulation) and System Management Energy (incl. heating commercial and compressor (air motors industrial lighting, commercial and Industrial solar(e.g. rooftop installations), solar water CHPs)heaters, to substantially techn savings water pumps, heat (i.e. market the in register barely currently expect we Furthermore, 4). Annex (see markets technologies the of assessment identified and pointed out by technical consultants. The same rule appli rule same The consultants. technical by out pointed and identified additionalon resource saving opportunities, which were not apparent to her expe technical investors provide also would visits, site on by based usually assessment, out carried assessment careful more a require and individual machin where technologies, process to applied be cannot approach This meets the required performance standards under green investment criteria. t agency) implementing an (as DAMU and bankers investors, give can list t of one survey sector M/SME the in identifiedinvestments overcoming easily established, be can technologies eligible automatically n ocuin te total the conclusion, In ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Figure f h tcnlge lse i te al aoe al xet rcs rltd equipme related process except ‘off allstandard above, table the in listed technologies the Of 5.2. oe- and power- As above, this stated is aconservative estimation as it savingdoes include not transport, water value for green technologies M/SMEs in can the estimatedbe as well in excess USD 2 of four-year a Applying included. also are Technologies Process and technologies be to estimated Industrial and Commercial Cooling Commercial and Industrial

20 Recommendations Recommendations Potential market values for selected high performance green technolo green performance high selected for values market Potential co -the- thousand USD thousand -generation at least USD 55 million 55 USD least at Windows&Doors hle pout wee efrac ciei cn e aiy eie. s res a As defined. easily be can criteria performance where products shelve’ Air compressors Air Insulation

Lighting ANNUAL Motors Pumps Boilers or rcs eupet ehoois o te esn hglgtd n h det the in highlighted reasons the for technologies equipment process 4-years EE Market Value Market EE 4-years 0002,0 0004,0 0006,0 70,000 60,000 50,000 40,000 30,000 20,000 10,000 0

akt au o hg promne re tcnlge fr /Ms is M/SMEs for technologies green performance high of value market 1,900 la 3,200 4,200 4,400 rge 5,700 , but higher if power generation (especially Solar PV) water savingwater SolarPV) generation (especiallypower if higher but , 7,600 r SMEs)r and commercial sectors (especially for M/SMEs).

8,307 9,200

12,800

lack of know-how and technical expertise. A pre-defined A expertise.technical and know-how of lack 15,800 16,800 17,600

22,800 1-year EE Market Value Market EE 1-year

Scoping Study - Final - Study Scoping thousands USD USD thousands

with the opportunity of receivingadvice of opportunity the with 33,200 s, pumps, fans, Variable Speed Drives), Speed Variable fans, pumps, s, 36,800 es and technologies are much more much are technologies and es es to projects where investors are investors where projects to es he confidence that the equipment the that confidence he increase overincrease the next years. /him, and which usually are easily ologies, small-scale photovoltaic small-scale ologies,

y saving potential resides in the in resides potential saving y rently represent cost-effective represent rently

timeframe, the total market total the timeframe,

t. h dee technical deeper The rts. some technologies, which technologies, some t ol b considered be could nt e btce t green to obstacles he 20 million. gies for M/SMEs in M/SMEs for gies s technologies, l, it of lists ult, 63,200 ailed

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REVIEW OF THE LEGISLATION FOR ENVIRONMENT & GREEN TECHNOLOGIES - SUMMARY ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB equipmentfor performance criteria is attached Annex4.in s reviewtheof technologyeach detailedreviewas wella group,of A as thes if combination technicalof that solutions would normally classified be as even standard off solutions, multi-measure typically comprehensive, more seeking – Scoping Study - Final - Study Scoping upply structureupplyandrecommendations sltos r bsd n a on based are solutions e

- the -shelve solutions. Page Page 64

REVIEW OF THE LEGISLATION FOR ENVIRONMENT & GREEN TECHNOLOGIES - SUMMARY ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB documents: o international the with accordance in development sustainable and economy Kazakhsta of Republic the of activities key the of one currently regard, this In management, is certainly anecessary element sustainable of development. resource energy, renewable of use widespread the on based economy, green futu of ability the jeopardize not also con but time, present used the of needs widely the with correlated develo modern that largely theory the is which of meaning main the development", is economy" "green of concept The dialogue thewith state and international organizations. busi public, of consolidation requires implementation their But goals. future, theenergy of the transition newa to technological order,achievement the aimed initiatives of number a initiated has Kazakhstan that coincidence no is It organic fertilizers from waste, etc.). number a and environmentally of production aquaculture, eco-tourism chemistry, (bioenergy, agriculture, industries organic energy, renewable economy, "green" of wh of restoration the naturalpotential, huge a Kazakhstan has time, same the At management of natural resources. This of index the in countries 132 among 69th ranks Kazakhstan of Republic the Today, 6 44 Issues of transition of the Republic of Kazakhstan to "green" economy are are economy "green" to following regulatory legal acts: Kazakhstan of Republic the of transition of Issues

www.strategy2050.kz . . . . niao maue te countries’ the measures indicator

"Kazakhstan people the to Kazakhstan of Republic the of President first the of Message following the Paris climate Conference in December 2015. Parthe as changereferredframeworkto Convention(alsoclimate UN on The September 2015; th of session 70th the following adopted goals development Sustainable followin adopted "Rio+20"), as to referred Conference in Rio Janeiro de on sustainabledevelopment in 2012; (also want" we Future "the Resolution taey dniis e goa calne o te 1t etr, n particular in energy security, the depletion naturalof resources, century, and the Third industrial revoluti 21st the of challenges u global development ten civilizations identifies of Strategy forecast Global the developed Nations United The develo adoptedtimeline real a a is This date. symbolic a just not is 2050 state, world. the strong a of basis the on t top the Kazakhstan'sinto entry universallabour, opportunitiesfor society welfare a create to is goal TECHNOLOGIES IN IN TECHNOLOGIES R VE O TE EILTO FR NIOMN AD GREEN AND ENVIRONMENT FOR LEGISLATION THE OF EVIEW

2050" 44 : new policy of the established state" dated December 14, 2012. Its main Its 2012. 14, December dated state" established the of policy new :

K AZAKHSTAN civmns n em o te tt o te niomn ad the and environment the of state the of terms in achievements –

S UMMARY – Scoping Study - Final - Study Scoping ness and science, building a systematic a building science, and ness re generations to meet their needs. A needs. their meet to generations re R hirty most developedcountriesofmost hirty ESULTS pment should not only meet the meet only not should pment -saving technologies and waste and technologies -saving n is the transition to a "green" "green" a to transition the is n bligations under the following the under bligations at the "green" economy, the economy, "green" the at niety osdrd n the in considered indirectly of sustainableof development

ich is possible with the help the with possibleis ich

friendly building materials, materials, building friendly e UN General Assembly in Assembly General UN e by the world community.world the by environmental efficiency.environmental of Kazakhstan "Strategy "Strategy Kazakhstan of

is agreement),is adopted hs afcig global affecting those et f "sustainable of cept e eooy and economy ped on. on. tl 00 The 2050. ntil f e green new of te UN the g Page Page 65

REVIEW OF THE LEGISLATION FOR ENVIRONMENT & GREEN TECHNOLOGIES - SUMMARY ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Water resources Sector Table Energy efficiencyEnergy Agriculture ubr f eeat ol ad betvs adesn sx an ra: wate areas: efficiency, electricity, air pollution, management:waste main six addressing objectives, and goals relevant of number Kazakhstan defined its defined Kazakhstan technologies and best practices and the development finance. of green bus green to transition the sector, energy the of transformation projects investment and technologies green held for was centre future" international the of "Energy EXPO-2017 exhibition international the document strategic above-mentioned the of implementation the of part As .

18

policy on “green” country the of life social and economy the in implemented be will that policies a reforms systemic major seven around built is plan This 2050. until Kazakhstan develop long-term the implement to designed is and term medium the for planning document a is 2025 until Kazakhstan of Republic the Kazakhstan of plan development of Republic the of President first approved2025, Kazakhstanuntil ofRepublic the ofdevelopment plan Strategic “Green” economy goals and targets and goals economy “Green” 2008 intensity from the level of Reduction of energyGDP irrigation (m3/t) Water consumption for Wheat yield (t/ha) in productivity agriculture Labour the basin level Addressing water scarcity at the nationalat level Elimination of water scarcity Description the of goal ‘ Concept for the transition of the Republic of Kazakhstan to a "green a to Kazakhstan of Republic the of transition the for Concept

economy and environmental protection.

(10% by2015) 25% 450 1,4 3 times by Increase 2025) as (bya whole deficit of by basin possible coverage The fastest the population Provide water to

2020 № 3 dtd eray 5 21. h strategic The 2018. 15, February dated 636 – Scoping Study - Final - Study Scoping iness, the transfer and adaptation of green of adaptation and transfer the iness, a be etbihd o upr the support to established been has 30% 330 2,0 basineach No deficit for 2040)(by agricultureto Provide water

s of the Republic of Kazakhstan, of Republic the of s

rsucs arclue energy agriculture, resources, r 2030

n u-utn I adto, an addition, In Nur-Sultan. in

of the system of state of system the of until 2025, including 2025, until by the decree of the of decree the by 50% and for all problems once Solve water supply nd seven priority seven nd ment Strategy of Strategy ment " Economy "

2050 ’ in a in Page Page 66

REVIEW OF THE LEGISLATION FOR ENVIRONMENT & GREEN TECHNOLOGIES - SUMMARY The following main laws supporting green development currently exist Kazakhstan:in ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 46 1%about of GDP per equivalent year, USD 3- to investmentrequiredthe amountforthe of that estimated is It management Waste pollutionAir Electric power 45 for gas for gas

Solar power plants, wind power plants, power wind Solar plants plants, power hydroelectric plants, power nuclear With transfer of thermal power plants in the largest cities to gas in gas to cities largest the in plants power thermal of transfer With . .

number adoptedof by-laws and regulationsfacilitating implementation a ‘ Law Law regulationsfacilitating implementation, which:

of the Republic of Kazakhstan ‘ Kazakhstan of Republic the of n ener On - - - - diitaie esrs o eeg svn, necnetd n ipeetd n t incent in implemented regulatory, and interconnected including saving, complex; regulation, energy for state measures administrative of mechanisms introduces focuses on key energy saving sectors (industry, housing and utilities and budg Share Share of recycled waste Sanitary storage of garbage solid waste removal Covering the population with environment nitrogen oxides to the Emissions sulphurof and the powerin industry carbonof dioxide emissions Reduction current theof level Gasification of regions plants in power generation Share of gas-fired power generation sources Share alternativeof y aig n eeg efcec’ ( efficiency’ energy and saving gy 45 in electricity in

On support of the use of renew ofuse the of support On 4 billion per year. Level of 2012 regions Karaganda andAkmola 20% 2020 leastat 3% by Solar and wind:

46

the presence of available volumes of gas and reasonable price price reasonable and gas of volumes available of presence the 2012

– Scoping Study - Final - Study Scoping planned transition to a ‘green a to transition planned ad nme o aotd ylw and by-laws adopted of number a and ) 100% (targets) emission levels European - regions Eastern Northern and 25% 30% 40% 95% 15%

able energy sources’energyable

.

- 30% 50% 50% 40% economy

et sectors); et sectors);

(2009) and aand (2009) v and ive ’ will bewill he Page Page 67

REVIEW OF THE LEGISLATION FOR ENVIRONMENT & GREEN TECHNOLOGIES - SUMMARY ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB are severalare urgent DialoguePolicy couldneeds addressed: that be to capacity required the have to seem not do country, the and sectors gree with tasked and up set were that institutions key Furthermore, Action Efficiency Energy Energy Performance Certification, National etc. a as such tools adopted internationally as well l still is Kazakhstan investments technology green to regards With The full report on relevant laws and and by-laws regulations is attachedAnnex in

. . . .

. . . . .

modernization of Kaz of modernization urnl, s at f h ipeetto o te drs o te f the of Address the of implementation the of part as Currently, The current environmental code ofthe Republic Kazakhstanof was adopted 9 Januaryon 200 emiss gas greenhouse for quotasapproved. of allocation the for plan national the emissions gas greenhouse of regulation the for framework legislative the 2017, In sub-lawsrelevant governing water management and water resources management. ad was version current the Kazakhstan: of Republic the of code Water and and resource saving. The new Environmental code will based,be alia, inter on OECD st shouldwhich contain more economic levers encourage to enterprises to invest "green" in techn Action Action plan for implementation Concept of transitionof green economy for variousthe climate conditions Kazakhstanof into consideration; impact might be achieved. However, attention should paidbe to ensuring that standthese efficiencyResource standards for buildings: where the FIT is negotiated for eachproject own consumption. (At momentthe only individual FITs larger for stand-a small-scale renewables that are part ofand acompany where the power generated is mainly for Uptake measures for small-scale renewables,development of feed-in viable andtariffs laws fo a definition green of technologies,current but draft the definition is narrow Identification of Green Technology definition: The government is to aiming p highlighted that there may be insufficient knowledge as to how to proceed; joined the programme hasbut no made progress since then. Discussions stakehowith Implementation of Green Bridge(see Initiative Annex 6 for details on prog the - - "green" development. e to Kazakhstan of economy the of transition the ensure to saving energy infrastr institutional national the of formation the for basis the creates akhstan: global competitiveness’ global akhstan: ) a

basis already existsand with small adjustments great a – , a new Environmental code is being developed,being is code Environmental new a , Scoping Study - Final - Study Scoping acking refined resource savings criteria, as criteria, savings resource refined acking n development support to companies, companies, to support development n fulfil the given task. As a result there result a As task. given the fulfil rt ed f sta of Head irst opted in July 2003, as well as well as 2003, July in opted lone installations exist,

5 thisof report.

os o 21-00 was 2018-2020 for ions ;

rovide companies with ln NEP, Building (NEEAP), Plan ramme). ramme). Kazakhstan ucture in the field of field the in ucture was improved, and improved, was andards. lders nergy-efficient, nergy-efficient, e h ‘ the te ards ards take 7. 7. ologies r r Third Page Page 68

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB A NNEXES

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ANNEXES 48 support and development of "Businessbusiness Road Map 2020 " enterpreneurs: enterpreneurs: enterpreneurs: ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Maximum loanamount: the in participation by subsidy rate interest of Possibility For Current programmes: Borrower requirements: 0 Annex 47 programmes) Business and MSME (EBRD Woman in toUp 900,000,000 KZT entities: legal For Loan programe EBRD Small Business toUp 210,000,000 Businessprogramme) (EBRD Woman in toUp 550,000,000 KZT individual For Current programmes: 13.5% inp.a. KZT legalFor entities: from inp.a USD 15.5% inp.a. KZT, 10% rate:Interest Fixed, comparable to market Currency of the loan: Purpose of the loan

Data obtained from possibleData obtained websites, financial where EBRD, linesADBinstitutions’ credit Only criteria for investment type MSME products is criteria for investmentOnly MSME provided. products type individual individual ▪ ▪ ▪ ▪ ▪

KZT, USD (for business with income in USD) Investment type (acquisition of and new modernization fixedof assets) usually work in industry/market for at least3years (for banks) positive credit ashistory well financialas condition stable individual entrepreneur companyor registered in Kazakhstan BCC BCC : Characteristics Characteristics from

48 : :

12.5% inKZT p.a ADB variable from Current programmes: inKZTp.a EBRD fixed from 14% equivalent USD of EBRD programmes: Current programmes: KZT ADB programmes: up to KZT million in of 1,080 b current M/SME loan current M/SME products ForteBank ForteBank

illion , 3

:

Up toUSD Up 5% p.a.in USD 15%From inKZT;p.a. Current programmes: Up toKZT Up Current programmes: DAMU – Shinhan Bank Shinhan Bank Scoping Study Scoping fund program of program fund 150,000,000 ; 500,000 47

product characteristics product - Final -

42% p.a in42% p.a KZT. “Shanyrak” product” in25% p.a. KZT; Average interest rate “SME” loan: Current programmes: 3,000,000 “Shanyrak” up to toKZT Up “SME” loan: Current programmes: MFO KMF MFO KMF

20,000,000 in 20,000,000 in

KZT

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ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Collateral requirement: toUp 60 months LoanMaturity: maximum permissible by internal PFI standards List ofList stakeholdersin the sectorbanking and banks/MFO Exempt from financing: ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ Organization ▪ ▪

Kazakhstan and the security policy theof Asian DevelopmentBank (ADB); o legislation social the as well as safety, and health ecology, labor, on Kazakhstan Forte Bank,Forte Bibigul Bukenbaeva, Senior Banker Department h Doskariov, Aydyn and department IFI of Head Bizhanov, Bolat CenterCredit, Bank lead may results whose activity adverse future environmental socialand impacts. any consent, written prior EBRD/ADB’s without a Insurance companies; financial institutions or financial services companies; investment securitiesin of any kind, including equity investments from other compan speculative investments payment or speculativeof transactions with prop casino or other gambling establishments; production and / saleor spirits; of production and / saleor of tobacco; production and / saleor of weapons or military equipment; collateralMixed (collateral sources from above) Guarantees (DAMU, personal) Movable property (fixed assets and goods in stock); Real estate (apartments, houses, industrial bases, land); F KF Kryah akaoa dpt caresn f h Mngmn Bad Oks Board; Management the of chairperson deputy Raikhanova, Karlygash KMF, MFO Shinhan Bank Kazakhstan, Kim,ManagingVitaly Director BCC ny ye f ciiy ht os o cml wt te rvsos n leg and provisions the with comply not does that activity of type

Up to 84Up months ForteBank Up toUp 60 months s interviewed – Shinhan Bank Scoping Study Scoping

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erty currency; or sain f h Rpbi of Republic the of islation Up toUp 60 months MFOKMF f the Republic of Republic the f ies; ies; o potentially to ead of M/SME M/SME of ead ana Page Page 71

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB BCC attractiven program on interviewed stakeholders of suggestions and Comments ForteBank: ......

▪ ▪ ▪ ▪

"Business Road Map 2025" as well as other as well as 2025" Map Road "Business 05” s el s eiin n oltrl urne hv be sotnd o n w one to shortened during meetingour ForteBank; with been have guarantee collateral on decision as well as 20250” Simple Things”.Simple and and thus the product is difficult to implement); variat periodic understanding difficulties have clients ForteBank and rate, ADB (current fixed is line credit the for rate interest the that ensure framew the in rate interest subsidizing on decision a past recent in from competitiveprovide conditions creditthe inconfforline orderto include must clients as well technology implementation as as monetary well benefits for implementation of as this technol staff line front bank with seminars material includ population, towards directed place in campaign marketing having technology; calculate to clients to assistance on of be will either website programme separate EE/RE/GF for tool any or calculator efficiency energy of implementation advantage; for conditions preferential special making in support government having saving; mustandloansclient attractive understand b be real must rate the on interest internal bank policy maximumof loan maturity is 7 years); permitt maximum the with line in be least at should loan the of term maximum

DAMU TechnoLeasing, Yuri Kim, Managing Director, and Dmitry Kogay (Managing Director) Borrowings Department Alz Asel Board; the of Chairman Deputy First Seytkasimova, Aynur KazAgroFinance, Fund Financialof Support for Agriculture JSC (FFSA) Bukhtiyarova, Manager of the Credit Development Department DAMU staff within the priority sectors under the program for support a support for program the under sectors priority the within – over 50 participants during Green Inverstments Finance training programme

DAMU

programmes such as “Ondiris” and “Economy of “Economy and “Ondiris” as such programmes – Scoping Study Scoping orm to criteriatosubsidyfororm interestrate s ad mlmnain f future of implementation and ess ork of DAMU of ork

- Final - programme has variable interest variable has programme cul ae tde o green of studies case actual the benefits to invest in new in invest to benefits the nd development of business of development nd

ions in repayment schedule repayment in ions such products would be of be would products such

n pooinl ad out hand promotional ing enefit in terms of money money termsin enefitof ed loan term (currently (currently term loan ed “Business Roadmap “Business ak est or website bank e, confirmed eek, han, Head of Head han, ogy. ogy.

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ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB MFO KMF: Shinhan Bank Kazakhstan: DAMU: . .

▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪

ensure that promo that ensure to provide internal staff with adequate training on the new programme; of is it simultaneously, funded programmes priced competitively various given clear product definition and criteria, and include case examples success and stories. add add to bureaucracy ingranting loan process that ensure calculation?toandemission CO2 and EE doing be will who etc. to qualify as GF investment and fall under GF programme? EE, of class standards, ISO (specification: criteria exact base, the are what need make sureto suppliersthe do not keep prices over the market price; fo sessions information periodic technologies. from benefit also might KMF MFO of clients specialistscredit should receive adequate training knowledge to pass t on this of calculation with technology investment in value terms (saving on natural resources transferred savi into brochures information include must product product must accompaniedbe TA on by know-how in each industry/sector; product must asbe simple as possible; initi on maintenance “green”of equipment via suppliers. clients to advice technical and support market, of Assessment asupportingbe vehicle for programme implementation; (via accreditation investment” “green or programme Certification saving, thus must accompany the product; an motivation additional for mechanism a as clients for audit Energy as collateralwell requirement DAMU(guarantee support), via as clients many lack coll of terms in interesting be must programme potential the of Parameters financi benefits of investing in “greennew technologies; what of understanding and support have must Clients consulting clients, money; to service advisory an as act must line front programme; condi in training adequate receive must staff internal Bank’s suppliers, other committees, etc. addit more no that sure make to need effective/efficient, programme make to tional materials provide explanation as to what “green financing” means, pro means, financing” “green what to as explanation provide materials tional

– Scoping Study Scoping tions, tools and benefits of potential of benefits and tools tions,

- Final - DAMU for other authority) might authority) other for DAMU eeis rm e “green” new from benefits d financial instrument for cost for instrument financial d

this sort of analysis will notwillanalysis of sort this

g etis wa ae the are what entails, ng” financing (interest rate) as rate) (interest financing l nwhw n further and know-how al etc.?) for the equipment, the for etc.?) paramount importance paramount o theiro clients; them were to save to were them ional bottleneck via bottleneck ional seii tps of types specific r ateral; ateral; ng in KZT ng in ); vide

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ANNEXES

ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB ▪ ▪ ▪ ▪ ▪

more more working places are the strategy behind Roadmap 2025. no are there implemented, emplo are additional as processes), technologies do people less GF (e.g. opportunities employment new as that ensure to was comment The segmentswhich the those parameters, and what programme is about. undersalsotheyinclosely frontstaff bankssoline work with to need agri-sector) u (might clients potential for concept misleading a be can Financing Green works,it specific product criteria and requirements, list suppliers,of etc. fo have andprogramme, suchGF about clients tomessage a send to need b additional for (Hokimat) reduction (example Nur-Kapital programme is lending at 1%) government local with work to need might DAMU

staff see most investment, are closely linked to businessroadmaptoinvestment,closely linked2025. staff most see are – Scoping Study Scoping

- Final - tand and can explaincanclientsand tand to

example in a brochurehow a inexample

r GF programme. GF r programme. nft sc a: interest as: such enefits nderstand that it is only is it that nderstand yment or creation of creation or yment lost Page Page 74

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB interviewed ofstakeholders 1 List Annex

Gulnara Shaymuratovna, SME expert Timur Zharkenov, deputy head Almaty of branch Jysan Bank, SME expert Munavara Paltasheva, executive director Forumof entrepreneursof Kazakhstan, of SME expert AlmatyEco LLP Association sugar,of food and processing industry Association of diary production companies Association of trading companies Association of restaurants and hotels UNDP Kazcountry office Association Energyof Auditors Kazenergy Association G-Global Green Economy Coalition AgencyNational for Technological Development Center for the modernization and development of housing and communal services International Center for Green Technologies and Investment Projects National Chamber Atameken Association Financiersof Kazakhstanof (AFK) Association Microfinanceof OrganizationsKazakhstan of (AMFOK) DAMU DAMU DAMU Organization Nur-Sultan branch Almaty branch head office

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ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB stakeholders with for interviews guides 2: Discussion Annex 11. 10. 12. 8. 7. 6. 5. 4. 3. 2. 1. 14. 13. 9. 16. 15.

What is yourWhat assessment your assessment? Is there a need for policy dialogue? effi energy/resource of area the in regulations with familiar you Are Are you familiar anywith green investment programmes supporting Kazakhstani SMEs? In terms of access to finance for SMEs, is what your assessment and feedback? runni up, setting in facing are SMEs businesses? that challenges 5 top the list Please SMEWhich support programmes you are familiar whatwith, is your assessment of it? SMEWhich sectors and regions you are covering? How many members do you ifhave, any? areWhat your core activities in relation SMEs?to In your view, market,which other SMEs,than has a large potential for green investmen In your view, which oftypes green technologies have the largest potential among SMEs? What is yourWhat assessment of SMEs’ willingness invest to into green technologies? Whom wouldWhom you recommend meetus to to explore the Green Technologies market in Kaza mechanism? Is any synergies there or cooperation opportunities your with organisation under th What is What the be ord in crucial is support technologies SMEs? by or incentive of type what view, your In In your view, which SME sectors have the largest potential green for investments? st wayst to increase SME’s awareness and interest in Green Technologies? of SMEs’ awareness of green technologies? – Scoping Study Scoping

- Final - ciency and renewables? What is What renewables? and ciency r o nrae pae f green of uptake increase to er

g r rwn their growing or ng

e Green Financing ts? ts?

khstan? khstan? Page Page 76

ANNEXES The complete list surveyof questions and responses is provided below. an stakeholders interviewed inspiration in either upgrading switching or to new technologies and me all almost study the during Nevertheless, invest anyin case. sup grant investment or loan concessional of case in technologies green i technologies green of any in invest to likely are respondents of 28% upgrading heating, cooling and ventilation systems and lighting. variou windows/door replacing machinery, implement old replacing to as such planning measures, efficiency or resource implemented either have respondents of 75% Over 28% type, the on depending facilities, estate real of age average of terms In var following: refrigerators/chillers, electric as motors and pumps, vehicles/machinery, air conditioni indicated was equipment intensive energy/resource top The 23% between 1-3 years old, and only 12% is new or less than 1 year old. years 5 over 39% equipment: outdated an have respondents the of Most 78%Over of respondents find energy/water/resource the measuresefficiency as importan 95%Over of respondents have positive opinon of green economy concept and green t between 1-2 years and only 11% less are than 1 year. 5 and 2 between are 21% market, the in (59%) years 5 than older are companies of Most reflected in the survey results. ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB DAMU restaurant and hotels (9%), construction (12%), trade (14%), agriculture (22%), f (41%), share largest represent companies service distribution, sector of terms In Most of the survey respondents based are in andNur-Sultan Almaty regions, 25%and 21% respect su The technologies. clientsDAMU of fund. In total 317 SMEs filled the online survey green during June-July 2019. for demand and of awareness the understand s Managementconductedonlinean andFinance Schoolof Frankfurt SMEs of survey 3: Online Annex -36% are between 3-10 years old and 21%-26% are between 1-3 years old. is implementing state support programs and thus focused on manufact on focused thus and programs support state implementing is – Scoping Study Scoping urvey of the SME sector in Kazakhstantosector SME in the of urvey n the future. While 55% will invest in invest will 55% While future. the n asures. port. And only 16% are less likely to likely less are 16% only And port. 38%-50% are over 10 years old, years 10 over are 38%-50% SE soe a itrs and interest an showed SMEs d

old, 26% between 3-5 years old, years 3-5 between 26% old, - Final - vy a dseiae among disseminated was rvey uring and services sectors, alsosectors, services and uring os rcsig equipment, processing ious

ng. ng.

ollowed by manufacturing by ollowed s (3%) and other sectors. other and (3%) s echnologies. echnologies.

s/thermal insulation, s/thermal t t for their business. eeg / ae / water / energy s years, 10% are are 10% years, ively. ively. Page Page 77

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ANNEXES baseline rounded off the assessment of green technologies in Kazakhstan. and and market penetration rates the cost of energy/water saving energy/water of cost the analysis. Sector SME the by corroborated also was This years. 15 than older is unders we associations, and suppliers with discussions Following eachtechnology,For wehave definedalso baselinethe based the existing on applications s of the in SME/MSMEs by consumed were goods estimations, where 15% importedthe are based on the sector’s contribution t the of 15% that assumed We ersnaie f h mre fr h rlvn tcnlg. eo te table STRUCTURE the Below technology. relevant the for market the of representative shares, market dominant their Given interviewed. were players main All companiestheir given the current absence green of technologies investment programs cou they because data provide to reluctant initially were suppliers Man experience in Centralthe Asian region with: ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB own our combined have we assessment this For Kazakhstan in Technologies forGreen Markets 4: The Annex 50 49 imported statistics for eachcategoryan about has with idea the provided performance us levels theof eq countTheabroad. from imported are technologiesgreen the of most only), some fromApart domestic forcapacityproductionwindows (assembly onl the technologies above. haveWe held discussions withAssociations, which have provided us with insi assessment. and and validated through phone interviews suppliersthe with as as well checkl the in provided Answers technologies. above the of each in suppliers several check-list specific prepared we suppliers, with survey technology the For The higher the raking, the higher the market size of that individual opportunity opportunity individual that of size market the higher the raking, the higher The The higher the ranking, the higher cost-effectiveness the of that individualo . . . .

technologycategories specified above. other and associations trade relevant and suppliers with Interviews Technology survey suppliersof Analysis of trade statistics as far as available Desk research in Methodology to Kazakhstan, expected volume of the market for green technologies, matu technologies, green for market the of volume expected Kazakhstan, to ’ nlds h fl-it f auatrr, edr ado daes t dealers and/or vendors manufacturers, of full-list the includes on suppliers of green technologies (manufacturers, dealers, importers) .

49 , energy/water saving ratio and energy/water saving potential saving energy/water and ratio saving energy/water ,

ex eine ih re tcnlg cei lns n our and lines credit technology green with perience – Scoping Study Scoping pportunity. tand that more than 85% of the equipmentthe of 85% than more that tand o o andGDP its bankability. selected personal visits ld not see any short-term benefits for benefits short-term any see not ld their answers are considered to be to considered are answers their s which were shared via email with email via shared were which s y), insulation andy), insulation lighting (assembly ry of origin available in the official the in available origin of ry

- Final - stakeholders with regard to the to regard with stakeholders ghts into into forghtsthe somemarket of ‘ EHOOY UPY CHAIN SUPPLY TECHNOLOGY Further qualitative analysis of analysis qualitative Further

a wr icue i the in included were hat . ists were substantiated were ists

rity of technologies of rity .

uch equipment.uch akt volume market uipment being 50 against the against Page Page 86

ANNEXES imported volumes the by top countries, covering around 85% of mar the total char following The 8.5. USD of value market annual approximate an representing technoRussiaandefficiencyfrom Kyrgyzstan.rate ofhigher The market penetration fo accounted is such 74% which of (components million 12 USD as doors estimated is SME/MSMEs and for fixtures) glazing, windows for volume market yearly total The package windows could evenbe higher than estimated So, components. imported from windows assemble which suppliers, gr domestic other to contrast In mature. as considered be can supply market the dou sell which Kazakhstan, in vendors and suppliers several are There The next table summarises the key fordata windows and doors. ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Figure reduction frames value low-U with equipped glass low-E very with windows glazed componentsinwindowsthe that theareframetwo of the glassand The than walls, their fundamentaldesign is to properly reducing the energy dema in result they since However, walls. to compared envelope building of area small very int filter day-lighting natural allow to designed are Windows Approximate market value (SME/MSMEs Baseline Value Baseline definition windows: Criteria and Definitions 21 Key Estimated market for Windows and Doors for SME/MSMEs in thousand US thousand in Doorsfor SME/MSMEs and for Windows market Estimated in Windows and Doors energy dissipation via windows. The formula below shows the Key Performance I Performance Key the shows below formula The windows. via dissipation energy PromneIdctr(P) therm Performance Indicator (KPI): – U 2,078.26 ; 21% 2,078.26 ;21% Kyrgyzstan; Serbia; 792.37; 8% USD 12 million million USD 12 W/m 5.69 than higher ValueU common. are very framing conductivity high thermal and poor with windows glazing Single China; 427.63; 4% .

al – o the buildings. Windows usually account for a for account usually Windows buildings. the o Scoping Study Scoping transmittance Status inStatus Kazakhstan ble and triple glazed windows. Hence, windows. glazed triple and ble 2 K K fluence the overall U-value. Multiple- fluenceoverallU-value. the een technologies there are several are there technologies een are expensive, but allow a drastic a allow but expensive, are

Russia; 6,700.66 Russia; - Final - nd nd theof building. ket. the total market value of full- of value market total the ( ; 67% ; 67% s lsi/lmnu profile, plastic/aluminium as value − U

t shows the breakdown of breakdown the shows t logyis estimated70%, as much higher U-value higher much D D ) [ m2K W

r by imports by r ndicator for ndicator ]

Page Page 87

ANNEXES building performance certification is in place and there is no a national registr national a no is there and place in is certification performance building for documents regulatory main no practically are there Currently ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Maturity of the market Cost Savings generated Energy/Water saving Potential (against baseline) Estimated Energy/Water Saving Ratio Typical Energy Efficiency Measure Typical application only) performance windows (SME/MSMEs Estimated market value for high Proposed Minimum Efficiency Standards only) the Key the Performance Indicator for building insulation: insulation thermal overall the improve to option another is facades Cer Foam, Glass (SPF), Fil PolyurethaneWalls, Exterior for Coating Mineral Boards, FoamConcrete Polyurethane Spray Polyurethane, (EPS), Polystyrene Cellul Spray Wet Cellulose, Dry Perlite, (XPS), Polystyrene Extruded (Rockwool), Wool Mineral of insulation thermal the improving for available is materials of range wide A insulate in order to reduce the overall energy dissipationduring the wint a rooftop and Walls foundation. and roof, walls, including building dissip energy the limit to designed specifically is building any of insulation The References Criteria and Definitions Key Insulation PromneIdctr(P) thermal transmittance Performance Indicator (KPI): – U Associations, Market Research, Consultant’s experience Consultant’s Research, Market Associations, Suppliers, Committee, Statistics State Committee, Revenue State PVC, etc.) Fiberglass, materials, (Composite framing conductivity Low-thermal Windows glazing Low-E Triple or Double million USD 8.5 The W/m 3.3 - 1.25 U-Value Zone): Climate with below(varying the range within is for Kazakhstan Building Codes per as windows of The U-Value < 10% 10% < (replacement) Brown-field Mature Low Low recommended maximum U-Value maximum recommended Medium Medium Medium

Developing Developing 10 – -20% -20% Scoping Study Scoping Status inStatus Kazakhstan 2 K K High High High the Energy Performance of buildings, no buildings, of Performance Energy the of a building. The formula below shows below formula The building. a of re the most important parts to properly to parts important most the re led Sandwich Panels. Double ventilating Double Panels.Sandwich led

20 er as well as the summer season Not mature yet yet mature Not -50% -50% Green-field (new installation) (newinstallation) Green-field

- Final - ation from the envelope of the of envelope the from ation buildings, including Fibreglass, including buildings, y database. Building materials Building database. y ( value − U

> 50% 50% > for doors is 1.75 W/m is 1.75 fordoors mc ol Aerated Wool, amic ) [

ose, Expanded Expanded ose, m2K W ]

2 K .

Page Page 88

ANNEXES The next table summarises the key fordata insulation materials. The total yearly market volume of insulation material for the SME/MSMEs sectorthe SME/MSMEs volumemarket insulationyearlymaterial total of forThe in required be might frequently higherthese standards are not met. mm 100 than more of thickness o A standards Zone. the Climate meet to selected in properly be the should and material material insulation construction building the W of both, U-Value global on the Sincedepends mm. 100 and 50 typ is The country the country. in the available material in material insulation of suppliers several are There building energy codes in the country. ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB USD thousand in for MSMEs for insulation market Estimated incentives penalties, no are there Indeed, implemented. maj (after buildings existing for requirements Codes Building are There certify building materials and products. usually ratedare Kazakhstan.and certified in TheCommittee Technicalfor Regulat only) Approximate market value (SME/MSMEs Baseline Value Baseline definition Criteria and Definitions theby top countries covering leastat 90% of the market. t shows following chart The alone. Russia from imported is 85% which of China; 252.44 ; ; 252.44 China;

3%

239.38 ; 3% Uzbekistan; Uzbekistan; Insulation of basement - U-Value > 1.65 W/m 1.65 > U-Value - basement Insulation of Insulation of walls - U-Value > 2.82 W/m 2.82 > U-Value - walls Insulation of USD 9 rooftop Insulation of insulation. poor very very with old, facilities are industrial and buildings Most the of inStatus Kazakhstan .2 million million 7,827.95 ; 92%

Poland; 207.49 207.49 Poland; Russia; Russia; or other mechanisms for improving compliance wi compliance improving for mechanisms other ; 2% – Scoping Study Scoping – U-Value > 2.44 W/m 2.44 > U-Value

uain aeil te hcns o the of thickness the material, sulation r ear) btte ae o really not are they but repairs), or he breakdown of imported volumesimported of breakdown he

- Final - oe ra eg NrSla, but Nur-Sultan, e.g. areas some bidn cds n h relevant the in codes building f cl hcns o te insulation the of thickness ical is estimatedis 2

K K

ionand Metrology test an 2 K K 2 K K alls/Ceiling/Basement at USD 9 million9 USD

th d Page Page 89

ANNEXES t noha. hs et s hn rnfre t a trg vse b means by vessel storageinstances, the solar collector could be directly connected into the heating circui a to transferred then is heat This heat. into it whic surface, absorbing coloured dark a has that collector solar a around plant heating water conventional to contrast In useful heat for heatingwater applications. that technology a are systems thermal Solar Solar Water Heaters ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB References Maturity of the market Cost Savings generated Energy/Water saving Potential (against baseline) Estimated Energy/Water Saving Ratio Typical Energy Efficiency Measure Typical application Proposed Minimum Efficiency Standards passes through thedevice. The next formula shows the Keyin Performance Indicator for combustion from heat the transfers that exchanger heat a of means by water/ heat to designed specifically are that products are Boilers Gas and oil boilers Boilers Key Performance Indicator according to EN 10456 and EN 13165 EN13165 and 10456 EN according to determined conductivity thermal material with Insulation Note, the Insulation of basement - U-Value < 0.18-0.5 W/m 0.18-0.5 < U-Value - basement Insulation of Insulation of walls - U-Value < 0.20-0.55 W/m 0.20-0.55 < U-Value - walls Insulation of Associations, Market Research Market Associations, Suppliers, Committee, Statistics State Committee, Revenue State Foam) Glass XPS, SPF, EPS, rockwool, W/m 0.045 than lower (thermal conductivity material conductivity with low-thermal of insulation Improvement rooftop Insulation of below: ranges the within Kazakhstan are for Codes Building as per basements and walls for rooftops, The U-Values U-Value. the the lower climate, the colder the Zone; Climate the on depending vary U-Values is specifically designed to capture solar energy and convert it to it convert and energy solar capture to designed specifically Low Low 10% < (replacement) Brown-field Mature Low , oa teml ytm ue o osl ul. hy r built are They fuels. fossil no use systems thermal Solar ( KPI Medium Medium Medium Medium

Developing Developing 10 ) : thermal efficiency – -20% -20% Scoping Study Scoping – U-Value < 0.18-0.5 W/m 0.18-0.5 < U-Value heat transfer organic liquid/generate steam liquid/generate organic transfer heat High High High High

20 , Consultant’s experience , Consultant’s Not mature yet yet mature Not -50% -50% h traps solar radiation and converts and radiation solar traps h f cruaig li, r n some in or fluid, circulating a of Green-field (new installation) (newinstallation) Green-field

- Final - to the water/organic liquid as it as liquid water/organic the to t. t. is lower than 0.045 W/m 0.045 than lower

> 50% 50% > [ 2 % K such as Glasswool, asGlasswool, such K boilers: boilers: 2 ] K K 2

K K 2 K K

2 K K Page Page 90

ANNEXES h mr efcet ul o bies i nt vial eeyhr i Kazakhst in everywhere available not is boilers, for fuel efficient more the manufact in heating process for or etc. hotels, offices, in heating ind space areas), rural in (especially available not are systems district-heating Where imported volumes the by top countries covering least 85%at the of market. chart following The million. 0.9 USD of value market approximate an representing market. th by volumes imported of breakdown the shows chart following valu market a representing 40% around at estimated istechnology Chinefficiency higher and Korea Russia, from imports by for accounted is 72% which of arou estimated is SME/MSMEs for boilers gas oil/natural for volume market yearly total The Oil/natural gas boilers available, boilers either are electrical fedor iis Tee s ey od oeta fr mrvn dsrc haig ytm in system heating district management systems from both, demand and supply improving side are almost non-existent for potential good very is There cities. medium in especially system, heating district of means by provided mostly is energy Thermal Current Situation ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB techno efficient higher of rate penetration market The China. and Russia from SME/MSMEsestimated is for boilerselectric ofvolume market total The Electric boilers Figure The next formula shows the Key Performance Indicators forHeaters: Solar Water 22 Estimated market volume for Gas/oil Boilers for MSMEs in thousand inthousand for MSMEs Boilers for Gas/oil volume market Estimated Key 1,491.67 ; 24% Performance Indicator China; China; 726.99 ; 12% Germany; Germany;

Italy; 452.50 ; Italy; 452.50 by heavy fuel oil. 7%

( KPI ) : thermal conversion – Scoping Study Scoping e top countries covering at least 85% of the of 85% least at coveringcountries top e 1,502.32 ; 24% Korea; Korea; at uring sectors. However, natural gas natural However, sectors. uring USD 3 million of which 80% come80% which ofmillion 3 USD a. The market penetration rate of rate penetration market The a.

- Final - aahtn Teml energy Thermal Kazakhstan. n Where an. 2,043.27 ; 33%

. vda bies r ue for used are boilers ividual

oy s estimated is logy

shows the breakdown of breakdown the shows Russia; Russia; e of USD 3.2 million. The million. 3.2 USD of e [ % USD USD ]

no nd USD 7 million 7 USD nd aua gs is gas natural

size and large and size at 30%, , Page Page 91

ANNEXES The next table summarises the key fordata Boilers and Solar Hot Water Heaters. be can heaters Themillion. share of M/SME is negligible. water solar of market yearly the suppliers, to According rem sector, tourism private households. the in used mostly are heaters water solar moment, the At heaters) asthe large number of sunny days Kazakhstan in makes this technology highly viab (raisefacilityADB awareness,planneds the opportunityfor good a is This government incentives major are before solarbarriers water heaterscan ae o itriw wt suppliers, with interviews on Based be cannot and developing, still is Kazakhstan in heaters water solar of market The waterSolar heaters/collectors M/SMEs would require further investigation to understand profitability a that noted be should It ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Figure Approximate market value (M/SMEs Baseline Value Baseline definition Criteria and Definitions technology 23 Estimated market volume for Electric Boilers for MSMEs in thousa in for MSMEs ElectricBoilers for volume market Estimated due to the overall low thermal efficiencies of such systems. The feasibility of electr of feasibility The systems. such of efficiencies thermal low overall the to due lcrc olr ae o sgetd s ptnil nry efficient energy potential a as suggested not are boilers electric Italy; 156.47 ; Italy; 156.47 6%

China; 746.37 ; ; 746.37 China; a ak f wrns rgrig h tcnlg a wl a asne of absence as well as technology the regarding awareness of lack 29% Status inStatus Kazakhstan Gas and Oil Boilers - USD 6.9 million million 6.9 USD - Boilers Oil Gas and boilers Electric Oil boilers Gas boilers years. 20 last the in country the adopted in widely not are collectors Thermal Solar common. are systems recovery / heat economisers boilers w/o oil/gas/electric Old low-efficient and Solar thermal heaters thermal Solar

– – 69% (thermal efficiency) efficiency) (thermal 69% 73% (thermal efficiency) efficiency) (thermal 73% – not estimated as technology is not recommended recommended isnot technology as estimated not Korea; 129.23 ; ; 129.23 Korea; – Russia; 1,511.00 1,511.00 Russia; Scoping Study Scoping – Nearly absent absent Nearly ; 60% 5%

gainst alternative ways ways of gainst alternativeheating.

rach a rach a higher market penetration. upport investments into solar watersolarinvestments into upport

- Final - siae a ls ta UD 0.5 USD than less at estimated

ote agriculture farms, and farms, agriculture ote nd USD nd considered as mature yet. mature as considered le. ic boilers for boilers ic

Page Page 92

ANNEXES mechanical work. Heat pumps can transfer heat from heat sources, such sources, heat from heat transfer can pumpsHeat work.mechanical ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Typical Energy Efficiency Measure Typical application only) performance andboilers SWH (M/SMEs Estimated market value for high Proposed Minimum Efficiency Standards only) Criteria and Definitions Heat pumps are designed to transfer heat from heat transfer to designed are pumps Heat References Maturity of the market Cost Savings generated Energy/Water saving Potential (against baseline) Estimated Energy/Water Saving Ratio Heat Heat Pumps Solar water heaters water Solar Oil/NG/Electric boiler Oil/NG/Electric main boiler. the of consumption the reduce to Heaters Water Solar of Installation pumps. heat source ground or water with boilers of electric Replacement system. management recoveryand heat with equipped boiler efficient new boilers with of old Replacement million USD4.2 factor Conversion and laboratory party bythird a tested performance Heat collectors thermal Solar recommended similaris or Part 1:1987 845: BS with line boilers in of performance thermal for assessing Methods recommended boilers Electric Oilboilers Gas boilers water Hot Solar Boilers Electric inStatus Kazakhstan Associations, Market Research, Research, Market Associations, Suppliers, Committee, Statistics State Committee, Revenue State SWH boiler Oil/NG/Electric Low Low Low (replacement) Brown-field a ≥ 75% are recommended recommended are 75% low temperature source to a high temperature source by source temperature high a to source temperature low Mature – – 84% (thermal efficiency) efficiency) (thermal 84% Medium Medium Medium 87% (thermal efficiency) efficiency) (thermal 87% – – – inclusion as an energy efficient technology is technology efficient energy asan inclusion

USD2 less than USD 0.5 million million 0.5 USD than less – Scoping Study Scoping

Developing .9 million – Mature 10% < No performance criteria criteria performance No High High High < 10% 10% < Consultant’s experience Consultant’s as the air, ground or water, or from or water, or groundair, the as

Green-field (new installation) (newinstallation) Green-field

- Final -

Developing

10 10 Not mature yet yet mature Not -20% -20% -20% -20%

20

20 Not mature yet yet mature Not -50% -50% -50% -50%

not not Page Page 93

ANNEXES ground) temperatureo the on highlysuchinvestmentsprofitability depends of The costs. The next table summarises the key fordata Heat Pumps. pumps a good alternative good a pumps water- making energy, thermal of cost the to compared low is electricity air- the than compared higher much usually coefficient The water- line. credit ADB planned the for opportunity technology heaters, water Solar of case the in As heat heat pumps inKazakhstan is still developing and is far from having reached maturity withou tech high areas the Despite in negligible. mainly is applications M/SMEs sector, or commercial residential the in used are applications h mre vle s ewe UD 1 USD between is value market The t of increase ten-fold a saw decade last the in suppliers, to According are units, less common in Kazakhstan. Water- air heating, as well included in the cooling category. as cooling provides equipment such Since heating. Air- ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB heat pumps: transferred then is Heat cooling. cooled,temperature.higheraapplicationat is The that next sho formula for used be also can pumps Heat the heat is required. building a to waste,domestic or industrial suchas sources heat man-made under the same the customsunder as codes conditioning/heating units. Therefore, air statistics the i on 51 Proposed Minimum Efficiency Standards only) Approximate market value (M/SMEs Baseline Value Baseline definition Criteria and Definitions The import statistics were not taken into account since, and this was con was this and since, account into taken not were statistics import The to -air heat pumps are common in Kazakhstan Kazakhstan in common are pumps heat -air to – -water and ground-source heat pumps, which are usually much l much usually are which pumps, heat ground-source and -water the higher the temperature, the better the ofperformance the heat pumps. Key Performance Indicator to conventional boilers, both in terms of energy efficiency as well as operating as well as efficiency energy of terms in both boilers, conventional

– million 5 ( Ground source heat pumps pumps heat Ground source Refrigerant Hydro-Fluoro-Carbons (HFCs), Hydro-Fluoro-Olefins (HFOs), Hydro-Fluoro-Olefins (HFCs), Hydro-Fluoro-Carbons Refrigerant pumps heat Ground source Water source heat pumps heat source Water ground-type. and water especially Kazakhstan, the in widelynot adopted Pumps are Heat inStatus Kazakhstan Water source heat pumps heat source Water million 5 USD to up KPI to ) to ar ouin omny ntle. utemr, h cs of cost the Furthermore, installed. commonly solution -air : Coefficient wtr n gon-ore et up ae vr good very a are pumps heat ground-source and -water – these are the normal split units used for cooling and cooling for used units split normal the are these 51 Ms o te water- the of Most .

But the market is growing. isgrowing. market the But – Scoping Study Scoping firmed by the suppliers, heat pumps are often imported often are pumps heat suppliers, the by firmed of Performance – – Nearly absent absent Nearly COP > 4.1 4.1 > COP – – he number of heat pumps installations.pumps heat of number he Nearly absent absent Nearly COP > 4.6 4.6 > COP ws the Key Performancethe Indicatorws for of performance of such equipment is equipment such of performance of n h opst drcin fo the from direction, opposite the in nological potential, the market for market the potential, nological or an industrial application whereapplicationindustrialan or

to mport of heat pumps are not accurate. accurate. of heat pumps are not mport - arger compared to air- to compared arger - Final - dsrc haig Te hr of share The heating. district t to -water and ground source heat source ground and -water ar et up ae normally are pumps heat -air f the cooling source (watersourcecooling the or f to

wtr n ground-source and -water ( COP .

)

[ kWth kWel ]

to -air split -air

Page Page 94

ANNEXES Kazakhstan. Furthermore, the cost of electricity is very low which usually makes t makes usually which low very is electricity of cost the Furthermore, Kazakhstan. interconnection High efficiency cogeneration requires natural gas as the main fuel main the as gas natural requires cogeneration efficiency High ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB References Maturity of the market Market Penetration Rate Cost Savings generated Energy/Water saving Potential (against baseline) Estimated Energy/Water Saving Ratio Typical Energy Efficiency Measure Typical application performance heat pumps (M/SMEs only) Estimated market value for high Criteria and Definitions ubr f niiul components individual s of integrated number single, a in thermal) and mechanical (usually energy useful simultaneous or sequential the for stands power) and heat (combined CHP Small Co-generation(CHP) system. There are basically two types mini of CHP systems available: typ mover) prime the (i.e., system overall the drives that equipment of type The electricityboth, and thermal energyis required at samethe time. The formula showsbelow the Key Performance Indicators for CHPs: . .

reciprocating engines. micro-turbines Power andPower Co-generation — configured into an integrated closed systemclosedintegrated intoan configured Key Key Performance Indicator Performance Indicator — rm mvr ha egn) gnrtr ha rcvr ad electrical and recovery heat generator, engine), (heat mover prime Ground: Ground: Suppliers, As Suppliers, Water: Ground: Water: Water: boilers) gas oil/natural or (electric system high of Installation million USD <1 (NH3 ammonia or inStatus Kazakhstan Brown-field (replacement) (replacement) Brown-field Mature < 10% 10% <

( Low Low Low 10% < Low Low Low 10% < sociations, Market Research, Consultant’s experience Consultant’s Research, Market sociations, KPI ( KPI Developing Developing

) 10 – ly – : electric efficiency ) very efficient, but toxic and flammable) flammable) and toxic but efficient, very . Scoping Study Scoping efficient heat pumps in lieu of old space heating heating space old of lieu pumps in heat efficient -20% -20% : total efficiency Medium Medium Medium Medium CHPs are normally used inapplicationswhereused normally are CHPs Medium Medium

10 10 , -20% -20% -20% -20% but gas is not available everywhere in everywhere available not is gas but

20 Not mature yet yet mature Not -50% -50% High High High High Green-field (new installation) (newinstallation) Green-field

se. H sses oss o a of consist systems CHP ystem. - Final - High High High High generation of multiple forms of forms multiple of generation

20 20 ically defined the type of CHP of type the defined ically -50% -50% -50% -50%

[

% his type of investment not investment of type his [ > 50% 50% > % ]

]

> 50% 50% > > 50% 50% >

Page Page 95

ANNEXES The next formula shows the Key Performance SolarIndicatorPV: for energy conversion efficiency. creating in required material of amount the reduce technologies Thin-film due cost, flexibility,to lighter and easeweight of integration, compared to wafer s Crystallinesilicontechnologybut coversmarket,80% the aboutof classified into two main categories: crystalline silicon and thin film. in directly sunlight convert to designed are cells PV) (Solar Photovoltaic Solar the followingthe factors: developed and mature for utility scale solar PV plants, but not for for not The but plants, PV today. solar scale utility Kazakhstan for mature and in developed status the is this and applications, self-consumption tar electricity low very with country a in Furthermore, scale. of economies of Photovoltaicsmall plantstypicallyas arescale photovolt utility-scale, electricity tariffs increase, which is expected Solar PV is negligible at the moment the at negligible is PV Solar t Even only. projects scale utility on focus to tend panels PV Solar penetration rate for rate penetration simult energy thermal and electricity both require usually which production, ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB oppor application good are there M/SMEs, the Within all. at developed t at market the in applications system few very are There profitable. very Proposed Minimum Efficiency Standards only) Approximate market value (M/SMEs Baseline Value Baseline definition Criteriaand Definitions The next table summarises the key fordata CHP and Solar PV. fro independence as power supply in remote regions, publicised are through awareness raising campaigns such benefits, if and available made are support technical competitiv a if facilitated be can sectors M/SME the in PV Solar of growth Faster . .

PV Rising electricity tariffs Changes in legislation that motivate investment

Key co -generation engines is negligible, but could be expected to increase in increase toexpected be could negligible, but is engines-generation Performance Indicator , market growth is expected over the coming years, most likely driven by driven likely most years, coming the over expected is growth market . Status inStatus Kazakhstan CHP Combustion engine Combustion CHP million 5 USD to up engine CHP Combustion engines combustion CHP level efficiency Low Solar PVSolar Eligible fuels: Use only Natural Gas fuel or biogas (methane content (methane content biogas fuel or Gas Natural Use only fuels: Eligible Overall efficiency efficiency Overall

( KPI – Nearly absent except for utility scale utility scale for except absent Nearly ) : panel electric efficiency ≥ – 85% Scoping Study Scoping

– thin-filmsiliconcellshave become popular 32% (Electric Efficiency) Efficiency) (Electric 32% hough the market volume of small-scale of volume market the hough M/SME applications M/SME aic projects are not profitable due to lackprojectsaicto not profitable are due

– > 38% (Electric Efficiency) (Electric Efficiency) 38% > to electricity. Solar PV technology is is technology PV Solar electricity. to he moment and the market is not is market the and moment he

- Final - aneously. As of now, the market the now, of As aneously. slr el wih eue the reduces which cell, solar a iffs there are no incentives for incentives no are there iffs tunities

ely priced loan product and product loan priced ely ilicon cells.

te rd aalblt of availability grid, the m oa P mre i well is market PV Solar . . [ % in . etl ad Dairy and Textile Vendors of efficient of Vendors ]

the future whenfuture the ≥

Page Page 96

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB References Maturity of the market Cost Savings generated Energy/Water saving Potential (against baseline) Estimated Energy/Water Saving Ratio Typical Energy Efficiency Measure Typical application only) performance CHPs Solar ad PV (M/SMEs Estimated market value for high Criteriaand Definitions The formula showsbelow the Key Performance Indicator for electric chillers: islatter usually equipped with cooling towersenergy and is muchefficien more air-coole either be can chiller electric the type, condensation the on Depending Electric chillers are classified in three different categories: scroll, screw and cent rejected through another heat exchanger as the refrigerant condenses. cooling evaporates, refrigerant the as exchanger heat a through (electrica cycle compression vapor the use systems refrigeration of majority The system is that packaged within asingle factory assembled unit. t designed specifically are that products cover chillers Industrial 퐊퐞퐲 퐊퐞퐲 퐏퐞퐫퐟퐨퐫퐦퐚퐧퐜퐞 퐈퐧퐝퐢퐜퐚퐭퐨퐫 Industrial Cooling (Chillers) ( 퐊퐏퐈 Solar PV Solar Solar PV Solar Suppliers, Associations, Market Research, Consultant’s experience Consultant’s Research, Market Associations, Suppliers, Cogeneration: Cogeneration: PV:Solar Cogeneration: Cogeneration: self-consumption for PV Solar Unit or newCogeneration of Installation negligible certifications 61730 IEC 61215, IEC Solar PV 55%); inStatus Kazakhstan Brown-field (replacement) (replacement) Brown-field Mature ) : 퐂퐨퐞퐟퐟퐢퐜퐢퐞퐧퐭 : :

– Panel Efficiency > 13% 13% > Panel Efficiency < 10% 10% <

Developing Developing < 10% 10% < Mature – Low Low Low Low Low Low Low Low Scoping Study Scoping 퐨퐟 co lqis y en o a refrigeration a of means by liquids cool o

10 퐏퐞퐫퐟퐨퐫퐦퐚퐧퐜퐞 on h ae/i tmeaue Ha is Heat temperature. water/air the down Medium Medium Medium Medium -20% -20% Medium Medium Medium Medium

Developing Developing 10 Not mature yet yet mature Not -20% -20% Green-field (new installation) (newinstallation) Green-field

- Final - is recommended recommended

t thant the air-cooled type. rifugal type. 20 lly driven). Heat is absorbed is Heat driven). lly High High High High d or water-cooled type. The type. water-cooled or d

-50% High High High High

20 Not mature yet Solar PV: PV: Solar yet mature Not ( -50% -50% 퐂퐎퐏 > 50% 50% > )

[ 풌푾풇풓 > 50% 50% > 풌푾풆풍 ]

Page Page 97

ANNEXES of importedof volumes theby top countries covering at least 90% of marketthe share. char following The 300,000. USD of value market yearly approximate an to equalling tec efficiency br higher of mostly rate still penetration market are The origin suppliers. of international country the as Russia showing units especially ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB The next table summarises the key fordata Chillers. differently. un such forcode product the as section),cooling (seecommercialcategory next chillers industrial imported the of some that noting worth is It Figure million 1 USD yearlyThe total market volume commercialfor air conditioningchillersand for M/ 52 Proposed Minimum Efficiency Standards only) Approximate market value (M/SMEs Baseline Value Baseline definition Criteria and Definitions For industrial needs chillers For for the segmentwere assumed 50%of that chillers imported we 24 Estimated market volume for Chillers for M/SMEs in thousand USDthousand in for M/SMEs for Chillers volume market Estimated 52 of which more than 80% come from Russia and China. It is important is It China. and Russia from come 80% than more which of 345.37 , 40% Russia, Russia, 130.08 , 15% Republic, Republic,

Chech

Air-cooled chillers chillers Air-cooled chillers Water-cooled re-windings several with motors low-efficiency and with chillers Old low-efficient inStatus Kazakhstan or ammonia (NH3 (NH3 ammonia or (HFOs), Hydro-Fluoro-Olefins (HFCs), Hydro-Fluoro-Carbons Refrigerant chillers Air-cooled chillers Water-cooled USD 1million

– – – – 1.7 COP COP 1.7 Higher than 2.4 COP COP 2.4 than Higher very efficient, but toxic and flammable) flammable) and toxic but efficient, very Scoping Study Scoping – – might have been reported under the general the under reported been have might 1.9 COP COP 1.9 Higher than 3.2 COP COP 3.2 than Higher without VSD, soft-starter, automation control control automation VSD, soft-starter,

China, 395.98 395.98 China, - Final - of MSMEs. of MSMEs. nlg i etmtd s 30%, as estimated is hnology ns auatrd y major by manufactured ands , 45% its could have beenregistered have could its SMEs around is estimatedat

t shows the breakdown the shows t to note however, that however, note to

Page Page 98

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB r penetration market The Germany. andestimated is technology China Russia, from come 60% which at estimated is M/SMEs for cooling commercial of volume market yearly total The Equipmentthe Energy Efficiency Class, which typically ranges(lowest) from toG cap a with units air-conditioning small-scale to refers cooling Commercial References Maturity of the market Cost Savings generated Energy/Water saving Potential (against baseline) Estimated Energy/Water Saving Ratio Typical Energy Efficiency Measure Typical application performance Chillers (M/SMEs only) Estimated market value for high Criteria and Definitions share. countries top the by volume imported of breakdown the shows chart Commercial Cooling at 44%, representing an estimated market value of USD 5.5 million. The follo The million. 5.5 USD of value market estimated an representing 44%, Associations, Market Research Market Associations, Suppliers, Committee, Statistics State Committee, Revenue State system control VSD and with type) equipped water (ideally chillers efficient new with chillers of old Replacement million USD 0.3 inStatus Kazakhstan Mature Low Low 10% < (replacement) Brown-field Medium Medium Medium

Developing Developing 10 – -20% -20% Scoping Study Scoping High High High

20 , Consultant’s experience , Consultant’s covering at least 85% of the market the of 85% least at covering Not mature yet yet mature Not -50% -50% acity of 12 kW or below. The KPI is KPI The below. or kW 12 of acity Green-field (new installation) (newinstallation) Green-field

- Final - A+++ (highest).

> 50% 50% > around USD 14 million of million 14 USD around t o hge efficiency higher of ate . . wing Page Page 99

ANNEXES The next table summarises the key fordata Commercial Cooling units. ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB only) Approximate market value (M/SMEs Baseline Value Baseline definition Criteria and Definitions Figure References Maturity of the market Cost Savings generated Energy/Water saving Potential (against baseline) Estimated Energy/Water Saving Ratio Typical Energy Efficiency Measure Typical application only) performance Air Conditioners (M/SMEs Estimated market value for high Proposed Minimum Efficiency Standards 25 Estimated market volume for Commercial Cooling for M/SMEs in tho in for M/SMEs Cooling for Commercial volume market Estimated Italy; 679.11 ; 6% ;6% Italy; 679.11 Russia; 1,317.58 ; ; 1,317.58 Russia; United Kingdom; Kingdom;United 382.34 ; 3% 11%

Germany; 353.80 353.80 Germany; ; 3% USD 5.5 million million USD 5.5 Air conditioner million USD 14 Airconditioning the country. in use in widely are systems cooling commercial efficiency Old low and inStatus Kazakhstan Associations, Market Research, Consultant’s experience Consultant’s Research, Market Associations, Suppliers, Committee, Statistics State Committee, Revenue State with conditioning of air Replacement

Mature Low Low 10% < (replacement) Brown-field China; 8,809.28 ; ; 8,809.28 China; Medium Medium Medium Korea; 331.78 ; ; 331.78 Korea; –

Developing Developing 10 – At least A class A class At least Lower than C/D class class C/D than Lower 74% – -20% -20% Scoping Study Scoping 3%

High High High

20 Not mature yet yet mature Not -50% -50% Greenfield (new installation) (newinstallation) Greenfield

- Final - hi gher energy efficiency class units units class efficiency energy gher

> 50% 50% > usand USD usand . .

Page Page 100

ANNEXES The total yearly market volume for air compressors for M/SMEs is estimated as USD 6.5 mill USD as estimated is M/SMEscompressors for air for volumemarketyearly total The i cmrsos r pout ta ae pcfcly eind o increase to designed operations. There are two basic compressor types: specifically are that products are compressors Air Air compressor the energyof saving potential is substantial compared to other technologies Fu Kazakhstan. in investments green for opportunity efficiency energy cost-effective most pum (including applications Industrial and commercial for Motors application motors) are all channels, it makes sense keeping them together in one (essentiallygroup. technology in similarity essential the come from China, United Kingdom and Russia. The market penetration r penetration market The Russia. and KingdomUnited China,from come The formula below shows the Key Performance Indicator for compressors:air ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Figure which category, this in together grouped is devices of range large A The figure showsbelow the sub-technologies available under above the two main 1. 2.

26 Positive-displacement - In the positive-displacement type, a given quanti given a type, positive-displacement the In - Positive-displacement Dynamic - Dynamic compressors impart velocity energy to continuously flowin continuously to energy velocity impart compressors Dynamic - Dynamic the impellersthe and the discharge volutes or diffusers. impellersof rotating at very speeds.high The velocity energy is changed pressurinto constant with variations in discharge pressure. redu mechanically is speed constant At discharge. occupies, to prior pressure in rise corresponding it which volume, the and chamber compression a Classification of the main types of air compressors compressors typesair of main the of Classification Motors and Pumps 퐊퐞퐲 퐊퐞퐲 퐏퐞퐫퐟퐨퐫퐦퐚퐧퐜퐞 퐈퐧퐝퐢퐜퐚퐭퐨퐫 ( 퐊퐏퐈 ) : 퐬퐩퐞퐜퐢퐟퐢퐜 퐞퐧퐞퐫퐠퐲 퐜퐨퐧퐬퐮퐦퐩퐭퐢퐨퐧 – Scoping Study Scoping ps, fans and air compressors) represent the represent compressors) air and fans ps, are discussed individually below individually discussed are ate of higher efficiency technology istechnology efficiency higher of ate

. . - Final - h pesr o ar n industrial in air of pressure the , the air-flow remains essentiallyremains air-flow the ,

categories: ty of air or gas is trapped in trapped is gas or air of ty

emns n distribution and segments g air or gas by means by gas or air g rthermore, the size the rthermore, ion of which 75 which ofion [ e energy both by 퐖퐡 퐦ퟑ e, asn a causing ced, ]

. Due to Due %

Page Page 101

ANNEXES breakdown importedof volumes the by top countries covering approximately 90% o 44%, resulting in an annual market value of USD 4.5 million. The following cha following The million. 4.5 USD of value market annual an in resulting 44%, adopte widely most The industrial and commercial applications is the alternating current induction motors. t electric of types different the shows figure next energy electrical convert to designed specifically product a is motor electric An Motors from Russia, China and Germany. The market penetration rate of higher of rate penetration market The Germany. and China Russia, from estimated is M/SMEs for motors of volume market yearly total The most efficient class). (the IE1 from ranges which Class, Efficiency Energy the is motors for KPI The ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Figure Figure estimated 28 27 Classification of the main types of Electric Motors typesElectricof Motors main the of Classification USD in thousand for M/SMEs Compressors for volume market Estimated at 4, eutn i a akt au etmt o UD mlin Te followin The million. 3 USD of estimate value market a in resulting 44%, Belgium; 414.49 ; ; 414.49 Belgium; 7%

Ireland; 334.25 ; 6% 6% ; 334.25 Ireland; Russia; 1,569.67 ; ; 1,569.67 Russia; 26%

United Kingdom; Kingdom;United 1,591.34 ; 27% Germany; 170.82 ; ; 170.82 Germany; China; 1,863.59 ; ; 1,863.59 China; – Scoping Study Scoping 3% 31%

at USD 10 million of which 66% come 66% which of million 10 USD hree-phase motor. hree-phase efficiency motors is estimated is motors efficiency

- Final - least efficient class) to IE4 (the IE4 to class) efficient least into mechanical energy. The energy. mechanical into

rt shows the breakdown of breakdown the shows rt

f the market share. eeti mtr ye in type motor electric d

g chart shows the shows chart g

at

Page Page 102

ANNEXES

The formula showsbelow the Key Performance Indicator for fans: fan. m fans Axial airstream. an of velocity the increase to impeller rotating t airflow the of path the by characterized axial, and centrifugal fans: of environmentt one from air transfer toproducts designed are Fans Fans recommendation includes the sub-categories listed below. theseAll technologies are essenti efficiencyplannedcreditprimeline,the technomotors ADBhigh a and For are VSD an awareness of lack a attention/incentives for installing for higher efficiency motor classes with VSD. indicator clear a is Kazakhstan in technology known low The economy. any in consumed energy of proportion significant a for account especially the replacement market. VSD’s are one of the quick the of one are VSD’s installed equipped are with Variable Drives. Speed Drives (VSD). Following discussions suppliers, with wecan that estimate less than 5% of m the motors of consumption energy reducing of ways standard the of One ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Figur statistic this in included not are which etc.), p chillers, (e.g. packages equipment other in included are motors many that ma the of 80% approximately covering countries top the by volumes imported e 29 Estimated market volume for Motors for M/SMEs in thousand USD thousand in for M/SMEs Motors for volume market Estimated 퐊퐞퐲 퐊퐞퐲 퐏퐞퐫퐟퐨퐫퐦퐚퐧퐜퐞 퐈퐧퐝퐢퐜퐚퐭퐨퐫 987.07 ; 12% Germany; Germany; -win solutions in a drive for a greener economy, especially as motors in g in motors as especially economy, greener a for drive a in solutions -win Chech Republic; Republic;Chech 867.21 ; 11% 1,319.11 ; 16% USA; 433.75 ; ; 433.75 USA;

China; China; 5%

.

hrfr te cul akt oue o mtr i larger, is motors for volume market actual the Therefore ( Italy; 324.91 ; Italy; 324.91 퐊퐏퐈 – Scoping Study Scoping 4% ) : 퐟퐚퐧 퐞퐟퐟퐢퐜퐢퐞퐧퐜퐲 4,163.55 ; 52%

o another one. There are two primary typesprimary two Thereare one. anothero Russia; Russia; ove an airstream along the axis of the of axis the along airstream an ove hrough the fan. Centrifugal fans use a use Centrifugalfans fan. the hrough is the installation of Variable Speed Variable of installation the is

- Final - umps, fans, process equipment process fans, umps,

rket. It is worth highlighting highlighting worth is It rket.

logy to be promoted. Thispromoted. be logy to [ penetration of this well- this of penetration a ak f government of lack a d % ]

ally motorally based.

otors currently eneral Page Page 103

ANNEXES The next table summarises the key fordata all Motors and Pumps. synchronous motor, and to modulate and control the motor’s speed, torque and breakdown importedof volumes the by top countriescovering at least 80% of marthe at for rate penetration market The Germany. and China Russia, from estimated is M/SMEs for pumps for volume market yearly total The frequency output that can be used to drive a standard standard a drive to used be can that output generates that frequency converter power electronic an essentially is drive speed variable A setting. o the of instead signal, external an by dictated speed, variable a at tha shaft manner a in motor a drive to designed specifically is drive speed variable A (VSD) Drives Speed Variable SMEslarger due to costhigh this technology.of The share of andsmall micro enter r efficiency energy high with pumps vendors, local with interviews on Based ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Figure The formula showsbelow the Key Performance Indicator for fans: directly, centrifugal while pumps speed fluidup the and convert this kinetic displaceme positive fluid: a to energy add they way the by classified are Pumps and providing the motive force hydraulic in systems. s lubrication and cooling provide to designed products are Pumps Pumps 4, ersnig n prxmt mre vle f S 1 mlin Te follow The million. 15 USD of value market approximate an representing 44%, 30 Estimated market volume for Pumps for M/SMEs in thousand USD USD thousand in for M/SMEs for Pumps volume market Estimated 3,317.34 ; 12% USA; 2,866.15 ; ; 2,866.15 USA; Germany; Germany; 퐊퐞퐲 퐊퐞퐲 퐏퐞퐫퐟퐨퐫퐦퐚퐧퐜퐞 퐈퐧퐝퐢퐜퐚퐭퐨퐫 10% United Kingdom; Kingdom;United

2,331.22 ; 9%

Italy; 1,242.27 ; ; Italy; 1,242.27 China; 8,419.45 ; ; 8,419.45 China; 5%

( 31% 퐊퐏퐈

– ) Scoping Study Scoping : AC 퐩퐮퐦퐩 nuto mtr o praet magnet permanent or motor, induction higher efficiency technologies is estimated is technologies efficiency higher ervices, transferring fluids for processing, for fluids transferring ervices, at 퐞퐟퐟퐢퐜퐢퐞퐧퐜퐲 USD 35 million of which 60% come 60% which of million 35 USD Russia; 9,110.20 9,110.20 Russia; ld on/off moor three-speed motor three-speed moor on/off ld

energy to pressure. - Final - anking are purchased mostly by by mostly purchased are anking mechanical power output. ; 33%

nt pumps squeeze the fluid the squeeze pumps nt

t rotates the motor’s drive motor’s the rotates t prises is around 10-20 %. mlipae variable multi-phase, a [

ket. % n cat hw the shows chart ing ]

Page Page 104

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB (M/SMEs only) performance Motors and Pumps Estimated market value for high Proposed Minimum Efficiency Standards only) Approximate market value (M/SMEs Baseline Value Baseline definition Criteria and Definitions Cost Savings generated Energy/Water saving Potential (against baseline) Estimated Energy/Water Saving Ratio Typical Energy Efficiency Measure Typical application Motors: Motors: Motors: Pumps: Heat Recovery for air compressors for aircompressors Recovery Heat Starters Soft and Drives Speed Variable of Installation compressors/Pumps of motors/air Replacement Pumps Motors USD 3 - Compressors compressors Air Pumps Motors Compressors pumps Water Motors Electric Air Compressed rewinding. several with motors efficient starter soft VSD, Pumps without several rewinding. with motors electric efficient Low rewinding. with several motors low-efficient with recoveryand starter soft VSD, without Air compressors inStatus Kazakhstan Air compressor: Air compressor: Pumps: Motors: Air compressor: Air Compressor: pumps Water from 2020) effective become will which government by the stipulated requirement ElectricMotors IE2 motor IE2 motor Brown-field (replacement) (replacement) Brown-field – – – –

15 million million 15 million 35 USD

million 10 USD 4. 4 million million 4 – – USD 6.5 million million 6.5 USD

0.16 Minimum Efficiency Index Index Efficiency Minimum 0.16 – – – Lower than IE1 Energy Efficiency Class Class Energy Efficiency IE1 than Lower 0.29 Minimum Efficiency Index; Equipped with at least at with Equipped Efficiency Index; Minimum0.29

146 Wh/m3 Wh/m3 146 –

– – At least IE2 Energy Efficiency Class (as per EE per EE (as Class Efficiency IE2 Energy At least Low Low Low < 10% 10% < Scoping Study Scoping 115 Wh/m3; Equipped with at least IE2 motor IE2 motor atleast Equipped with Wh/m3; 115 Low Low Low 10% < .2 Low Low 10% < million million Medium Medium Medium Medium Medium Medium Medium ,

10 automation control and with low- with and control automation

10 10 Green-field (new installation) (newinstallation) Green-field

- Final - -20% -20% -20% -20% -20% -20% ,

High High High

automation control, heat heat control, automation High High High High High

20

20 20 -50% -50% -50% -50% -50% -50% > 50% 50% > > 50%> > 50%> Page Page 105

ANNEXES Nearly 90% LED of lighting and of 75% fluorescent lighting from Chinacome alone. cove countries top the by volume imported of breakdown the shows chart of value market annual an representing 50%, is lamps) fluorescent efficient 75 estimated is M/SMEsfor lighting for annualvolumemarket total The assemble foreign-made componentsKazakhstan. in the number increasing an is there However, imported. are components all and LEDs interest in LEDs will further will expansion.LEDs in interest this accelerate to expected is lamps incandescent wattage medium-high forThe market energy efficient is lighting growing Kazakhstan,the in implementation and t of ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB The formula showsbelow the Key Performance Indicator for lighting: Dischar Intensity High as Emitting Diodes such (LEDs). The latter is the new frontier energy of efficient lighting. available are options purp of general range of wide type a common settings, most the is compact) or (linear lighting provide to designed specifically are that products are units Lighting References Maturity of the market Criteria and Definitions % come from China and Russia. The market penetration rate of higher effi higher of rate penetration market The Russia. and China from come % Lighting Key Performance Indicator re duce the electricity consumed electricity the duce Associations, Market Research, Consultant’s experience Consultant’s Research, Market Associations, Suppliers, Committee, Statistics State Committee, Revenue State Pumps: inStatus Kazakhstan Mature ( KPI

) : specific consumpti Developing Developing by – Scoping Study Scoping lighting in the forthcoming years. Most of the of Most years. forthcoming the in lighting Low Low at efficient illumination. While fluorescent While illumination. efficient approximately whichof million USD4 Medium Medium Not mature yet yet mature Not s lgtn fud n commercial in found lighting ose

ring around 85 % of the market. the of % 85 around ring - Final - on USD 1.9 million. The following The million. 1.9 USD ciency technologies (LED and (LED technologies ciency

[

of domestic facilities which facilities domestic of e HD lms ad Light and lamps, (HID) ge Lumens High High Watt h rpd rwh of growth rapid The ]

he phase-outhe of . . Page Page 106

ANNEXES The next table summarises the key fordata all efficient lighting. ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Approximate market value for lighting Baseline Value Baseline definition Criteria and Definitions Figure Energy/Water saving Potential (against baseline) Estimated Energy/Water Saving Ratio Typical Energy Efficiency Measure Typical application performance lighting (M/SMEs only) Estimated market value for high Proposed Minimum Efficiency Standards (M/SMEs only) 31 Estimated market volume for Lighting for M/SMEs in thousand USD thousand in for M/SMEs Lighting for volume market Estimated Russia; 573.76 573.76 Russia; ; 18% 206.09 ; 6% Kingdom; Kingdom;

United

155.58 ; 5% Index (CRI)>80 are recommended recommended are (CRI)>80 Index Rendering Colour and data photogrammetric of certifications Third party LEDs. lamps; fluorescent T5/T8 HE Linear lamps: Eligible per Watt. Lumens 90 Higher than USD 4million per Watt Lumens Around 50 Kazakhstan. the adopted in widely not are sensors occupancy and systems control Lighting adopted. stillwidely are lamps vapour mercury and fluorescent low-efficient Incandescent, inStatus Kazakhstan LED/high efficient fluorescent lamps lamps fluorescent efficient LED/high with lamps fluorescent efficient incandescent/low of old Replacement million USD 1.9 Germany; Germany; Low Low 10% < (replacement) Brown-field

Medium Medium

2,288.69 ; 71% 10 – -20% -20% Scoping Study Scoping China; China; High High

20 -50% -50%

Green-field (new installation) (newinstallation) Green-field

- Final -

> 50% 50% >

Page Page 107

ANNEXES The next table summarises the key fordata water saving equipment. Kazakhstan and similar countries. RevenCo and Research Market Associations, State Suppliers, Committee, Statistics State the from collected data on based conducted been out has carried assessment assessment market market the for figures key the summarise table next The substantial growth in the forthcoming years. savi water for market the motivation, and raising awareness targeted With and it is hard findto suppliers local some of for the equipment. and Ru n is technologies saving water for rate penetration the general, In a small number of hotels. efficientand water showermeters savingwaterflow taps, water for market The Increasingcities. demand can achieved be through awareness raising. in market the of needs the cover can suppliers material infrastructure water ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB re that including: equipment available commercially all include technologies saving Water References Maturity of the market Cost Savings generated Criteria and Definitions Baseline Baseline Value Baseline definition because of of because in systems irrigation drip and system harvesting rainwater for market The industri and commercial agricultural, sectors, performance criteria for water savings technologies, hencewas defined.no KPI all across applicable are Most ▪ ▪ ▪ ▪ ▪

Criteria and Definitions Compact wastewater treatment systems systems treatment wastewater Compact Systems Irrigation Drip Heads Shower Mixers, Low-flow Taps and Toilets, Efficient Water meters/valves Flow Water Systems Harvesting Rainwater Water Saving Technologies a lack of equipment suppliers, but rather because a lack of demand. If market d market If demand. of lack a because rather but suppliers, equipment of lack Associations, Market Research, Consultant’s experience Consultant’s Research, Market Associations, Suppliers, Committee, Statistics State Committee, Revenue State inStatus Kazakhstan Rainwater Harvesting Systems Systems Harvesting Rainwater country. the in adopted widely not technologies saving Water Mature Low Medium Medium Developing Developing – Scoping Study Scoping Status inStatus Kazakhstan High High egligible. The market is not mature at all at mature not is market The egligible. – Not mature yet yet mature Not nearly absent nearly absent Kazakhstan is very immature. Not immature. very is Kazakhstan

- Final - nsultant’s previous experience in experience previous nsultant’s ngs technologies easily undergo easily technologies ngs ssia are the main importers a short term, especially in big in especially term, short a -heads is currently focused-headscurrently is on

l Tee r n specific no are There al. ue ae consumption, water duce o te ehooy The technology. the for e omte, the Committee, ue emand increases,emand . . .

Page Page 108

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Energy/Water saving Potential (against baseline) Estimated Energy/Water Saving Ratio Typical Energy Efficiency Measure Typical application Proposed Minimum Efficiency Standards Transport equipment Transport References Maturity of the market Cost Savings generated heavy loads. Tractors and combine harvesters are widely used i used widely are harvesters combine and Tractors loads. heavy man the in used are Forklifts vehicles. duty heavy by transported is traffic Criteria and Definitions Transport is designed to carry people or goods from one place to another. to place one from goods or people carry to designed Water Efficient Shower Heads Heads Shower Efficient Water Drip irrigation: Drip irrigation: Taps/Toilets: meter: Water use) laundry and gardening 50% treatment: Wastewater Shower heads: Shower Drip Irrigation System System Irrigation Drip Toilets and Taps Efficient Water All technologies: All technologies: use) treatment: Wastewater heads: Shower Drip irrigation: Taps/Toilets: meter: Water use) Rainwater: Rainwater: saving technologies newwater of Installation are recommended. components mechanical on certifications Third party criteria. performance No meters/valves Flow Water Associations, Market Research, Consultant’s experience Consultant’s Research, Market Associations, Suppliers, Committee, Statistics State Committee, Revenue State Brown-field (replacement) (replacement) Brown-field

Mature (for gardening use) use) gardening (for < 10% 10% < Low Low < 10% 10% < Developing Developing Low < 10% 10% < Low Low < 10% 10% < Low Low 10% < Low Low – Scoping Study Scoping Low Low n – Status inStatus Kazakhstan partially implemented implemented partially the agricultural sector. All these vehicles are vehicles these All sector. agricultural the Medium Medium Medium Medium – Medium Medium Low Low 10% <

nearly absent absent nearly Medium 10 Medium

10 Medium 10 –

-20% -20%

10 10 nearly absent absent nearly -20% -20%

– -20% -20% Not mature yet yet mature Not nearly absent nearly absent -20% -20% -20% -20% Green-field (new installation) (newinstallation) Green-field

ufacturing sector to lift and carry and lift to sector ufacturing - Final - Medium High (for gardening and laundry laundry and gardening (for High High High High High

10 High High 20 High High

20 High High -20% -20% 20

-50% -50%

20 20 -50% -50% -50% -50% -50% -50% -50% -50% High (for gardening gardening High (for The bulk of freight of bulk The

20 > 50% (for 50% > > 50% 50% > . . -50% -50% > 50% 50% > > 50% 50% > > 50% 50% >

> Page Page 109

ANNEXES a gradual introduction of these standards in Kazakhstan betwee Kazakhstan in standards these of introduction gradual a vehic and fuels for standards environmental new adopted which emissions”, r “Technical Regulations Technical endorsed has government the 2007, In vehicles, whereas CNG and LPG constitute only 1% of the fueltotal demands. for used mostly is which (~13%), diesel by followed country, the in consumed fuels The overall development commercial of vehicles sales in Kazakhstan is shown in the graph below. vehicles. efficiency energy minimal up set government the branches, economy key in efficiency reg government the of framework policy general a following Furthermore, class technical 5 to 1 Euro adopting 24-03, Regulation UNECE the on based ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Figure G machinery). agriculturaland (excludingconstructinKazakhstan in registered according Agency to of ofthe Statistics the Republic Kazakhstan of of sectors key the of one is logistics Transport (Eu Class EU the is adopted by Kazakhstan as well. vehicles for KPI The engines. diesel with fitted typically Baseline Baseline definition Criteria and Definitions The table summarisesbelow key fordata commercial the transport vehicles. It should notedbe that: OICA theGlobalEconomy.com Source:  

32 more green investments would be possible. possible. be would investments green more companies. leasing by served well quite is sector the decision; agreen into motivated be should investors and market replacement isasubstantial there Commercial Vehicle Sales in Kazakhstan, number of units units of number in SalesKazakhstan, Vehicle Commercial lower than Euro I) I) Euro than lower vehicles: duty Heavy Forklifts: inStatus Kazakhstan Kazakhstan’s low efficiency diesel forklifts (EU Class lower than Stage I) I) Stage than lower (EUforklifts Class diesel efficiency low economy contributing 6% of the country`s GDP, country`s the of 6% contributing economy –

Scoping Study Scoping Cooperation wit leasing companies to suppo to companies leasing wit Cooperation low efficiency diesel/petrol vehicles (EU Class (EU Class vehicles efficiency low diesel/petrol n n . 2010 More 420,000 than transport vehicles are and 2016. The new standards were standards new The 2016. and arding the improvement of energy of improvement the arding

- Final - equirements to transport vehicle transport to equirements les, and provided a roadmap for roadmap a provided and les, asoline accounts for 85% of of 85% for accounts asoline es for both fuels and vehicles. and fuels both for es o om ) wih a been has which 6), Norm ro

tractors and heavy duty heavy and tractors standards for transport for standards

al rt l Page Page 110

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB (against baseline) Estimated Energy/Water Saving Ratio Typical Energy Efficiency Measure Typical application Proposed Minimum Efficiency Standards Baseline Value References Maturity of the market Cost Savings generated Energy/Water saving Potential Harvester: Harvester: Tractors: duty: Heavy Harvester: duty: Heavy Tractors: Forklifts: Harvester: Tractors: duty: Heavy Forklifts: Forklifts: standards with high vehicles brand-new of Purchase vehicles efficient newmore vehicles with of old Replacement electric hybrid; LPG; CNG; regulation; per as Standards Efficiency Energy minimum meeting Gasoline Diesel, fuels: Eligible - Harvester Combine Tractors vehicles duty Heavy Forklifts - Harvester Combine Tractors vehicles duty Heavy Forklifts I) Harvester: Tractors: Associations, Market Research, Consultant’s experience Consultant’s Research, Market Associations, Suppliers, Committee, Statistics State Committee, Revenue State

Brown-field (replacement) (replacement) Brown-field Mature – – – – EU Class: Stage III III Stage Class: EU I Stage Class: EU EU Class: Stage III III Stage Class: EU I Stage Class: EU low efficiency diesel tractors (EU Class lower than Stage I) I) Stage than lower (EU Class diesel efficiency tractors low low efficiency diesel harvesters (EU Class lower than Stage than lower Class (EU harvesters low efficiency diesel Low Low 10% < Low Low Low 10% < Low Low Low Low Low 10% < Low Low Low 10% < Developing Developing – Scoping Study Scoping – –

EU Class: Euro III III Euro Class: EU I Euro Class: EU EU Class: Stage III III Stage Class: EU I Stage Class: EU Medium Medium Medium Medium Medium Medium Medium Medium

Medium Medium Medium

10 10

10

-20% -20% -20% -20% 10 -20% -20% -20% -20% Not mature yet yet mature Not Green-field (new installation) (newinstallation) Green-field High High High High High

High High - Final - High High High High High High

20 20

20

-50% -50% -50% -50%

20

-50% -50% -50% -50% > 50% 50% > > 50% 50% > > 50% 50% > > 50% 50% > . . Page Page 111

ANNEXES Kazakhstan. produ domestic limited very is there vendo as imported local is via equipment performance or departments sale own their with either Kazakhstan etc.) are the predominant production activities within M/SMEs in Kazakhst in M/SMEs within activities production predominant the are etc.) (dair beverage & food and textile manufacturing, to regards With invested in invested lar a while equipment, Soviet use still Kazakhstan in companies producing Some activities also are the ones with the highest energy intensity amongst industrial sectors ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB applicableare t all cross-sectorial. Basically, and horizontaltypically services are and trade efficie Resource manufacturing. by followed service & trade in active is Kazakhstan Busines with discussions Following canwhich vary substantially and always requires adedicated energy efficiency analysis. Performan Key a paramet as the on depends strongly consumption energy the adoptedequipment, sometimes is consumption energy specific if Even equipment is typically sector-specific and no generalization is possible. relate intimately are which technologies, all includes equipment Process As noted, there are several international suppliers for nearly every technol every nearly for suppliersinternationalseveral are there noted, As equipme the for structuresupply-chain the summarizesbelow table The Structure of the Technology SupplyKazakhstan Chainin etr ihn /M scos n ofr rae opruiy o energ for opportunity greater offer and manufacturing sectors. sectors M/SME within sector th as materials,construction and garments leather, textiles, production, purpose theFor ofthe credit green we line,suggesttost focusthe is usually perceived as a positive side effect, but not as akey for driver the final decision. t process In analysis. project the in account into taken be to have all producapacity,improvementproductioninof The increase prices).energy cost equipment high the cover rarely alone savings energy wider from a savings on based analysed be to have investments related process of type These For history. credit insufficient have and approximately 20% creditworthy, are and 50% SME.of collateral lack M/SMEs the of most a level However, productivity improve cost, related energy the reduce and to entrepreneurs necessary is facilities manufacturing these in replacement Equipment efficiency process technologies and morepay attention to green technologies. olderor technologies duereasons. to priceCompanies foreignwith share to tend companies few a quite Furthermore, now. by view of point efficiency Suppliers Process Technolgies ‘new’ equipment during the 2000 the during equipment ‘new’ in the trade and service sectors, except for process equipment. supplier supplier Type Type of Ascain, e nesod ht h lo’ sae f M of share lion’s the that understood we Associations, s Technologies - 2005 . This equipment is effectively outdated from an energy an from outdated effectively is equipment This . Local Vendors Local Vendors – Scoping Study Scoping rategy on foodrategyon and drinksprocessing, dairy y products, meat, bakery products, drinks, products, bakery meat, products, y echnology investments, energy efficiency energy investments, echnology ers set up for each production process, production each for up set ers ey are the most typical manufacturingtypicalmost the are ey nt discussed in the previous chapters.previous the in discussed nt d with the production process. Such process. production the with d holder are moreare holder likely opt to for high ogy, which have have which ogy, in a country like Kazakhstan (low Kazakhstan like country a in Origin s n daes Ms o te high the of Most dealers. and rs ct quality and process optimizationprocessand quality ct an

echnologies reviewed in this studythis echnologiesin reviewed - Final -

svns oprd o other to compared savings y fes get potnt for opportunity great a offers .

to o re tcnlge in technologies green of ction install second-hand equipment second-hand install Interestingly, these production these Interestingly, d ult o fnl products. final of quality nd

ger number of companies of number ger e niaos o process for Indicators ce perspective, as the cost the as perspective, ncy opportunities within opportunities ncy . .

ir businesses micro a local presence inpresence local Website Website SE in /SMEs Page Page 112

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB BURAN Boiler BURAN Boiler Robert Robert Bosch TECHONIKOL Sieger WDF Sieger Rockwool Realplast Suppliers Firatpen Izoterm REHAU REHAU Isover Isover Knauf URSA URSA KSKE TSTN LLP LLP

Manufacturer and Manufacturer and Manufacturer and Manufacturer and Manufacturer and Manufacturer and Manufacturer and Manufacturer and Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Manufacturer Manufacturer Manufacturer supplier supplier Type Type of Windows, doors Technologies CATEGORY Insulation Insulation Insulation Insulation Insulation Insulation Insulation Insulation Windows Windows Windows Windows Windows material material material material material material Boilers Boilers CATEGORY CATEGORY – WINDOWS AND DOORS WINDOWS DOORS AND Leroy Merlin Leroy URSA Kazakhstan URSA Kazakhstan Vendor of VEKA /Vendor Buderus products Buderus products TSTN Kazakhstan TSTN Kazakhstan Vendor of Kyung of Kyung Vendor REHAU, Galwin, Local Vendors Local Vendors ARTec products products ARTec – Galwin/Alugal TECHONIKOL INSULATION INSULATION Dong Boiler Dong Kazakhstan Kazakhstan Kazakhstan San Goben Goben San OSKEMEN OSKEMEN IZOTERM- Vendor of Vendor of Vendor Vendor of Vendor – products products Firatpen Firatpen ISOVER ISOVER REHAU BOILER BOILER Grain Grain Local – Scoping Study Scoping International International International International International International International Origin Local Local Local Local Local Local

- Final -

http://www.firatpen.com.tr us/corporate/about/export https://www.cronos.kz/ab www.knaufinsulation.kz https://www.buderus.kz/ https://leroymerlin.kz/ https://leroymerlin.kz/ https://www.tstn.kz/ www.siegeria.com www.realplast.kz www.rehau.com www.izoterm.kz www.ISOVER.kz www.ursa.com www.kske.kz Website Website out /en- -us/

Page Page 113

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Astana Teplo Astana Teplo Jinko Jinko Solar Viessmann Viessmann Suppliers Holodom Holodom GeoWatt Wartsila Wartsila Kuntech Kuntech Vaillant Vaillant Arneg Arneg Nasos Profit GREE Manufacturer and Manufacturer and Manufacturer and Manufacturer and Manufacturer and Manufacturer and Manufacturer and Manufacturer and Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer supplier supplier Type Type of CATEGORY CATEGORY Air conditioning Air conditioning Technologies Heating/Coolin (supermarkets) Solar Thermal Solar Thermal Cogeneration Refirgeration pumps, heat Boilers, heat Heat pumps Heat pumps Heat pumps application) application) commercial appliances Collectors Collectors (including g systems g cabinets cabinets recovery PV solarPV Chillers CATEGORY – COOLING AND AIR CONDITIONING CONDITIONING COOLING AND AIR – POWER & COGENERATION COGENERATION & POWER GREE Kazakhstan, brands pump heat Arneg Kazakhstan Arneg ТОО Vendor of variousVendor Dimplex Thermal Local Vendors Local Vendors – Priority Services Priority Vendor of Glen Vendor HEAT PUMPS PUMPS HEAT Kazakhstan, Kazakhstan Kazakhstan Kazakhstan Kazakhstan from China from China Viessmann Jinko Solar Solutions Solutions Climtech Climtech Vaillant «InGlobal» «InGlobal» Local - - – Scoping Study Scoping International International International International International International Origin Local Local Local Local Local

- Final -

https://pssc.kz/brands.html https://astanateplonasos.p kipit/old/roznitsa/respublik https://www.vaillant.ru/cu https://www.jinkosolar.co https://www.arneg.it/en http://www.kuntech.kz/ http://holodom.com/ www.viessmann.kz https://climtech.kz/ http://tooprofit.kz www.geowatt.kz ulscen.kz/about https://gree.kz/ stomers/gde- a-kazahstan/ Website Website m/

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ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Electrotechnic KAZAKHSTAN KLIMAT PROF Elprommash Elprommash Atlas Copco Atlas Copco al Company Grundfoss Suppliers Prohlada Eurasian Danfoss Daikin Midea Midea Trane ABB Manufacturer and Manufacturer and Manufacturer and Manufacturer and Manufacturer and Manufacturer and Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer supplier supplier Type Type of Air conditioning Air conditioning Air conditioning Air conditioning Air conditioning Air conditioning Chillers, HVACs Technologies motors, pumps Management Motors, VSD, Motors, VSD, compressors, application) application) application) commercial commercial appliances appliances (including (including Inverters, Inverters, blowers blowers CATEGORY Motors Motors System Pumps etc. etc. etc. Air – MOTORS & PUMPS & PUMPS MOTORS Vendor of RussianVendor Kazakhstan, Albo, Trane Kazakhstan Trane Kazakhstan Vendor of TROX / Vendor KLIMOR products KLIMOR products Company, Szemo Company, Szemo ABBKazakhstan, Vendor of GREE,Vendor Vendor of WEG,Vendor Local Vendors Local Vendors Electrotechnical Electrotechnical Piority Services,Piority Eximas, Iclimat Eximas, Iclimat ABB, Siemens, LG, Almacom Engineering, Engineering, Kazakhstan, Kazakhstan, Atlas Copco AstanaCom AstanaCom Kazakhstan Kazakhstan Grundfoss Climtech Climtech Eurasian Danfoss brands brands Midea Datex Eldin – Scoping Study Scoping International International International International International International International Origin Local Local Local Local

- Final -

lupromyishlennyie_kondicz https://www.atlascopco.co http://eximas.kz/en/homep commercial/europe/kz/ru.h http://midea.kz/katalog/po https://new.abb.com/kz/co http://epm.kz/elektrodviga https://www.danfoss.com/ https://www.trane.com/co https://kz.grundfos.com/ https://albo.kz/contacts/ https://climat-prof.kz/ m/ru-kz/atlascopco- https://iclimat.kz/o- https://climtech.kz/ http://prohlada.kz/ http://datex.kz/ com.kz/www/ http://astana- www.eec.kz ntent/trane- ioneryi.html ioneryi.html kazakhstan kompanii/ Website Website ru ntacts age/ -ru/#/ tml tel

Page Page 115

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Technology Technology KazEnergo KazEnergo Honeywell Schneider Schneider Suppliers Siemens Siemens Vozduh Vozduh Electric SZEMO Kaeser WILO Ford Ford Weg KSB Manufacturer and Manufacturer and Manufacturer and Manufacturer and Manufacturer and Manufacturer and Manufacturer and Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer supplier supplier Type Type of HVAC products, HVAC Technologies motors, drives motors, drives Management Management Management Motors, VSD, Motors, VSD, compressors, compressors, Automation Automation Heavy Duty Heavy Duty Systems, blowers blowers blowers vehicles vehicles systems Motors System System Energy Energy Energy Pumps Pumps Air Air CATEGORY Technologies Ltd., Ltd., Technologies WILO Kazakhstan Kazakhstan WILO Schneider Electric Schneider Company, Szemo Company, Szemo GlavSvet, Priority GlavSvet, Priority Vendor of WEG,Vendor Local Vendors Local Vendors Electrotechnical Electrotechnical Priority Services Priority Services Priority ABB, Siemens, – Kazakhstan“, International International Allure Group Kazakhstan. Kazakhstan. Kazakhstan, Compressor Kazakhstan Kazakhstan TRANSPORT TRANSPORT Dalgakiran Honeywell TOO “KSBTOO Vendor of Vendor TDO MKTTDO MKT ALP MKT ALP Eurasian Siemens Services Enko Enko Eldin – Scoping Study Scoping International International International International International International International International Origin Local Local

- Final -

https://www.allurgroup.kz/ https://pssc.kz/brands.html https://pssc.kz/brands.html https://pssc.kz/brands.html https://www.honeywell.ru/ https://www.se.com/kz/ru/ http://www.kaeser.com.kz http://www.kaeser.com.kz https://www.ksb.com/ksb- https://www.szemo.kz/cat https://www.siemens.kz/a https://wilo.com/kz/ru/ contacts/contacts- kazakhstan/885828/ http://tkev.kz/about- en/contactfinder/all- bout [email protected] alog/asinhronnye- www.glavsvet.kz elektrodvigateli/ dalgakiran.html en/page/about -us/offices.html Website Website

in

-

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ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB

New New Holland Mercedes Mercedes Company Company Suppliers Balkhan Philips Scania Scania Osram Valtra MAN MAN Manufacturer and Manufacturer and Manufacturer and Manufacturer and Manufacturer and Manufacturer and Manufacturer and Manufacturer and Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer Vendor/Dealer supplier supplier Type Type of Technologies Agricultural Agricultural Agricultural Heavy Duty Heavy Duty Heavy Duty Heavy Duty vehicles vehicles vehicles vehicles vehicles vehicles Lamps Lamps Lamps CATEGORY GARANT SERVICE GARANT SERVICE TOO AGROTECH TOO Local Vendors Local Vendors Priority Services Priority Priority Services Priority Machinery Ltd Machinery Ltd Allure Group – Kazakhstan Kazakhstan Kazakhstan Kazakhstan Mercedes LIGHTING LIGHTING Turkuaz Turkuaz Philips

- - – Scoping Study Scoping

International International International International International International International Origin Local

- Final -

https://www.allurgroup.kz/ https://pssc.kz/brands.html https://pssc.kz/brands.html https://pssc.kz/brands.html https://www.valtra.com/de http://mercedes-astana.kz/ http://mercedes-astana.kz/ https://agriculture.newholl us/buying-services/ready- and.com/apac/en/about- https://www.philips.kz/ reception@mercedes- to http://100led.kz/ http://100led.kz/ aler-locator.html -purchase/find-a- en/page/about distributor astana.kz Website Website

Page Page 117 ANNEXES

ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Baseline performance criteria and minimum standards for the proposed HeatPumps HeatPumps Boilers Boilers Boilers Boilers Insulation Insulation Insulation Windows Windows Category & & doors doors Air source heat pumps pumps Water source heat Management System Thermal Energy collectors Solar thermal Oil boilers Gas boilers basement Insulation of Insulation walls of Insulation rooftopof Doors Windows Technology Coefficient of performance Coefficient of performance EnergyEU Label Thermal efficiency Thermal efficiency Thermal efficiency value) Globalthermal transmittance(U- value) Global thermal transmittance(U- value) Global thermal transmittance(U- Thermal transmittance (U-value) Thermal transmittance (U-value) Key Performance Indicator – Scoping Study Scoping

W/m²K W/m²K W/m²K W/m²K W/m²K - Final - UoM COP COP n/a % % % %

technologies performance performance Standards Minimum 0.20 1.25 0.18 0.18 criteria criteria 1.74 84% 87% 3.2 4.1 No No - - 3.3- - - 0.55 0.5 0.5

Baseline Baseline Value Nearly absent Nearly absent Nearly absent Nearly absent 1.65 2.82 2.44 5.69 5.69 69% 73%

Estimated Energy/Water Between 10- Between 20- Between 20- Between 10- Between 10- Higher than 50% Higher than 50% Higher than 50% Higher than 50% Higher than 50% Lower thanLower 10% Saving Saving Ratio 20% 50% 50% 20% 20%

Energy/Water Medium Medium Medium Medium Cost of Saving High High High High High High Low saving Potential Energy/ Energy/ Water Medium Medium Medium Medium Medium Medium Medium Medium Medium Medium High Page Page 118 ANNEXES

ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Transport Transport Transport Motors Motors Motors Cooling Cooling Power Cogeneration & Power Cogeneration & Power Cogeneration & HeatPumps Category & & & pumps pumps pumps Tractors Heavy duty vehicles Forklifts Water pumps Electric Motors Compressed Air Air-cooled chillers Water-cooled chillers (incineration) Waste to energy Photovoltaics engine CHP Combustion pumps Ground source heat Technology Key Performance Indicator maximum torque Specific energy consumption Fuel consumption (l/100km) Specific energy consumption Minimum Efficiency Index classIE norm cubic meter) Specific energy consumption (per Coefficient of performance Coefficient of performance Electricefficiency Electricefficiency Electricefficiency Coefficientperformance of – Scoping Study Scoping l/100 km Wh/Nm³

- Final - g/kWh l/ton UoM COP COP COP n/a n/a % % % %

EU Class:EU Stage Class:EU Stage EU Class:EU Euro Standards Minimum 0.30 13% 38% TBD 115 2.4 3.2 4.6 IE2 III III III

Lower thanLower 1 IE EU Class:EU Euro I EU Class:EU Stage Class:EU Stage Baseline Baseline Value Nearly absent Nearly absent Nearly absent Class 0.16 32% 146 1.7 1.9 I I I

Estimated Energy/Water Between 20- Between 20- Between 20- Between 20- Between 10- Between 20- Between 20- Between 20- Between 10- Between 20- Between 20- Higher than 50% Saving Saving Ratio 50% 50% 50% 50% 20% 50% 50% 50% 20% 50% 50%

Energy/Water Medium Cost of Saving High High High High High High High High High High High saving Potential Energy/ Energy/ Water Medium Medium Medium Medium High High High High High Low Low Low Page Page 119 ANNEXES

ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Technologies WaterSaving Technologies WaterSaving Technologies WaterSaving Technologies WaterSaving Technologies WaterSaving Lighting Lighting CommercialAppliances Transport Category Shower Heads Water Efficient Drip Irrigation System and Toilets Water Efficient Taps meters/valves Water Flow Systems Rainwater Harvesting Systems Lighting Control Lamps Air Conditioners Combine Harvester Technology Key Performance Indicator EU EnergyEU Label EnergyEU Label EnergyEU Label EnergyEU Label EnergyEU Label EnergyEU Label source Luminous efficiency the of light EnergyEU Label maximum torque Specific energy consumption – Scoping Study Scoping

- Final - g/kWh lm/W UoM n.a. n.a. n.a. n.a. n.a. n/a n/a

EU Class:EU Stage performance performance performance performance performance performance Standards Minimum criteria criteria criteria criteria criteria criteria A ClassA No No No No No No 90 III

EU Class:EU Stage Baseline Baseline Value Nearly absent Nearly absent Nearly absent Nearly absent Nearly absent Nearly absent G ClassG 34 I I

Estimated Energy/Water Between 20- Between 20- Between 10- Between 10- Between 20- Higher than 50% Higher than 50% Higher than 50% Higher than 50% Saving Saving Ratio 50% 50% 20% 20% 50%

Energy/Water Cost of Saving High High High High High High High Low Low saving Potential Energy/ Energy/ Water Medium Medium Medium Medium High High High Low Low Page Page 120

ANNEXES The law covers: The law is aimed both at supporting investors and ordinary consumers. sup "On sources" improved.was Law the country, the in situation current the and practices a into taking 2013, July in Kazakhstan, in RES develop successfully to order In regulations in implementation. its number a the and sources" of energy renewable 2009 of use in the of adoption support "On the Kazakhstan to due Kazakhstan The in framework. arisen regulatory has the implementation of improvement and development the through long on based are Kazakhstan in RES for support state of measures Systemic energy sources should account for leastat half theof energytotal consumption. by10%, - 2030 by - 6%, 2025 by electricity3%, totalthe productionis 2020 in by enerthe renewable of development the indicatorsforspecifictarget adopted a alternative developing of task the set State of Head the where "Kazakhstan-2050", w the of countries developed 30 the entering at aimed country a as Kazakhstan, lo n 06 wti te rmwr o te a o "re eooy, additiona economy", suchtaken, "green as: on Law the of framework the within 2016, in Also ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB country reaches 2500 ensolar potentialand of the kWh billionestimated 62is potential athydro example,For the potential of wind power is about 920 billion kWh/year, technically pos significant. Kazakhstan energycomplex.development According the of i expertestimates,to potentialRES of the by positioned been have sources energy renewable years, recent In ther country, energy-sufficient an is technologies, clean energy to reduce greenhouse gas Kazakhstanemissions and other pollutants that fact the Despite lawsKey and regulations Renewable on Energy Tech / Economy Green for Standards and Strategy Public Policy, Legislation, 5: Annex nologies in Kazakhstan Kazakhstan in nologies 1. 4. 3. 2. 1)

of RES, investment preferences under the Entrepreneurial code; code; Entrepreneurial the under preferences RES, investment of transmitting energy use the for facilities of operation and construction design, the in providing engaged entities legal of services paying from exempt energy; electric of are transmission on organisations energy renewable of producers pla hydropower large and fuel traditional on energy; renewable of consumers conditional operating plants power all time, consumers. conditional on FSC the through RES from energy electric of distribution (FSC) contract); centre (PPA settlement Financial the with electricity sale ofRES (unt pur the tariffs for contract standard a fixed time, same the At at 2018). from (starting prices auction grid the to supplied and produced electricity all of purchase RES facilities for purchased electricity. At the same time, this reserve Fund allows the RFC the allows Fund reserve this time, same the At electricity. purchased for facilities RES obligat financial ensure to order in RFC the at Fund reserve a of establishment — 3000 solar hours year.per – Scoping Study Scoping ot f h ue f eeal energy renewable of use the of port ergy in the southernthe regionsin theof ergy

- Final - i a ed o eeo clean develop to need a is e gy sector. Thus, the share of RES of share Thus,sector. the gy -term policy and implemented and policy -term ccount the best international best the ccount

orld, adopted the "Strategy the adopted orld,

s n o te etr of vectors the of one as spot esrs were measures support l . . 2050 RES and alternativeand 2050 RES rcs o RS projects RES of process a o te eulc of Republic the of Law of adopted by-laws and by-laws adopted of sible implement to the nd renewable energy, renewable nd n Kazakhstan is veryKazakhstannis ions of the FSC to to FSC the of ions il 2017) and and 2017) il At the same the At t at as act nts chase and and chase to to Page Page 121

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 5 4 3 2 1 No. Table sub-laws were adopted. renew of use the of support "On Law the of provisions the implement To issues reduce to investment risks investors. of intr been has - mechanism auction the - approach market a aim, this With field of renewable energy. t to additions and changes making and auctions auction conducting providing acts, legal regulatory subordinate of approval the on work Republ the of energy of Ministry the Law, above the of implementation the In implementation of projects on the use ofRES. transitio the for provides which sources", energy renewable of use the additions and amendments 2017, 11, July on adopted electricity" on Kazakhstan to additions and amendments "On Law the of framework the p Within aspects, technological and economic of terms in construction RESof power plants. best the select to mechanisms market networks of electric basis the on allows mechanism auction the addition, In clearly define the responsibility market of participants, both in generation an projects minimizethat the impact on tariffs for end users from introduction the o to hand, other the on investors, and projects selecting of process the to hand, one the on allowed, mechanismauction the to transition The 19 3) 2) About the approval of Rules of implementation of monitoring the approval of of monitoring About Rulesimplementation of the approval Plan of ofAbout the placement use of of on objects RES the approval ofAbout tariffs fixed the approval fixed ofAbout the tariff offor plants projects solar power limit and rates fixed pricesauction the of determination of Rules of approval the About Name Sub-laws in the field of RES RES offield the in Sub-laws

annual indexation of fixed (FT) and auction tariffs (AT) taking into account inflation an inflation account into rate. dollar taking (AT) tariffs auction and (FT) fixed of indexation annual po electric Unified the system Kazakhstan; of of networks the to connection of mechanism the improve to renewab order using organization producing energy energy the the between and facilities organization energy transmission renewable of connection on contract the of conclusion 3% a of expense the at formed is consumers; Conditional to is sold electricity which at tariff 2017, the to surcharge January from starting Fund, reserve The provide. provide monthly payments for RES, but the creditworthiness risk of long-term of t – Scoping Study Scoping some legislative acts of the Republic of Republic the of acts legislative some bet on more efficient technologies and technologies efficient more on bet he related regulatory legal acts in the in acts legal regulatory related he make transparent and understandable transparentand make for the procedure for organizing and organizing for procedure the for n to the auction mechanism for the for mechanism auction the to n able energy sources", a number of number a sources", energy able re o te iitr f nry of energy of Minister the of Order of Government the 24, 2017Kazakhstan February dated of Resolution of Government the Kazakhstan 12,2014 June dated of Resolution of Government the Kazakhstan 12,2014 June dated of Resolution of Government the Kazakhstan March 27,2014 dated of Resolution Date of adoption

- Final - d transmissiond consumption. and oduced, as well as a number of number a as well as oduced, f RES capacities, as asf towell ic of Kazakhstan carried out carried Kazakhstan of ic

to the Law "On support of support "On Law the to

n tkn it account into taking and he he FSC does not oet fr the for rojects le energy in in energy le № № 645 645 644 № d the the d 271 271 № wer wer 68 68 Page Page 122

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 13 12 11 10 9 8 7 6 No. 18 17 16 15 14 About the approval ofAbout Rules of of RES tariff determination offor the support the approval ofAbout Rulespoint of nearest connection determination of the of RES objec of placement of plan the of formation of Rules of approval the About Name On the definition the of theOn organizer of the auction (with changes winners the from 11.09.2018) determin and participation totals order return the and payment for of terms the and auction applications of security financial the application, filing of order and contents the bidders, the to requirements qualifying inclu auctions, of holding and organization of Rules of approval About the approval ofAbout forms standard FSC of of the contracts energyorganizations renewable using sources generating power the of list the of forming of Rules of approval the About approval development targets of energy the On sector renewable in the the of approval use Rules and ofAbout reserve Fund of formation of RES use on objects of connection on contract standard the of approval the About definition support on About FSC of the energy sources of renewable Abo individ to help address the consumers providing of Rules of approval the About conditional consumer by the results of calendar year the consumerconditional by results of calendar year of use qual the on energy electric of on share corresponding the of and center financial objects settlement redistribution by and made recalculation sources, energy energy electric renewable the of center financial and ut the approval of Rules of the centralized purchase and sale settl sale and purchase centralized the of Rules of approval the ut – Scoping Study Scoping of the of n the in ement ding ding ified ified ual ts e

2015 2, March dated the Kazakhstan of of Republic energy of Minister the of Order 28, 2014 November dated the Kazakhstan of of Republic energy of Minister the of Order of energy 118 2015 of 20, February Minister dated Kazakhstan the of Order of energy 117 2015 of 20, February Minister dated Kazakhstan the of Order Kazakhstan27, 2016 July dated of energy of Minister acting the of Order 11,2015Kazakhstan February dated Date of adoption Kazakhstan 7,2017 August dated of energy of Minister acting the of Order 21, 2017 December dated the Kazakhstan of of Republic energy of Minister the of Order of energy of 2017 28, December Minister dated Kazakhstan the of Order 9, 2016 November dated the Kazakhstan of of Republic energy of Minister the of Order of energy 2016 of 7, November Minister dated Kazakhstan the of Order 2016 29, July dated Kazakhstan of Republic the of energy of Minister acting the of Order Kazakhstan July 27,2016 dated of energy of Minister acting the of Order of energy of Minister Kazakhstan March 31,2015 dated the of Order 480 478

- Final - № № 164 164 361 361

№ № 482 482 161 161 466 466 № № 345 345 343 343 № № 280 256 256 № 74 74 № № № №

Page Page 123

ANNEXES and energyand efficiency", which: adopte Kazakhstan 2012 in countries, industrialized of experience the on Based energyfor saving and energy efficiency. intensitenergy high the forobjectivereasons ofexistence the Despite ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB energyThe high intensity of the country's GDP is partly ofdue objectiveto anumber thousand dollars of 2010GDP in prices). ton (0,12 countries (OECD) development and cooperation economic for Organization 3,5 exceeding cou and prices) 147 2010 of in GDP out of dollars place thousand 114 per equivalent occupying world, the in energy-intensive most the of KazakhsRepublic economy.economyof the of ofThe intensitythe energy a high with o Intensity "energy of terms in Agency, energy International the to According 30% 2050 and by 50%.by produ domestic gross the of intensity energy the reduce to indicators "green" a to Kazakhstan of Republic the of transition the for concept The Law on energy andsaving energy efficiency increase 19 No. f nry eore i odr o ses h psiiiy n ptnil o potential and possibility the assess to order in resources energy of pro collection, - audit" "energy term thedefines law The participants. regulation of principles the and Law the of scope the defines efficiency, energy related concepts and terms the defines clearly Kazakhstan of Republic the of Law The integral legal framework for the development energyof saving and energy efficien relevantby-laws Law,implementthe orderto addition,in In 3) 2) 1) . . .

season in comparison with the countries of continental Europe. Europe. continental of countries the with comparison season in heating the of duration considerable and temperature air average low and climate continental Sharply d long networks. losses transportation in significant over secondary) and (primary resources energy transfer to need the result, popu indicators, European with compared low, and country the of territory Vast Indust metallurgical). and (mining produced. electricity the 67% of about for account industries energy-intensive of share Significant About the approval ofAbout limit rates auction Name saving to ensure the transition of the economy of Kazakhstan to energy-efficient, "green" "green" energy-efficient, to Kazakhstan of economy the of development. transition the ensure to saving infrastructure institutional national the of formation the for basis the creates administrativ and incentive regulatory, including complex; the in implemented and interconnected saving, energy measures for regulation, state of mechanisms introduces sectors); budget and utilities and housing sectors (industry, saving keyfocuses energy on and regulations were adopted, which created ancreatedadopted, which regulationswere and – Scoping Study Scoping y of GDP, there is a significant potentialsignificanta is there GDP,of y ct (GDP) by 2020 by 25%, by 2030 by 2030 by 25%, by 2020 by (GDP) ct cessing and analysis of data on the use the on data analysisof and cessing eeg svn ad o rpr a prepare to and saving energy f 2018 the of 30, January dated Kazakhstan of Republic energy of Minister the of Order Date of adoption

economy defines the key national key the defines economy - Final - times the average level of the of level average the times f GDP" Kazakhstan is a country a is Kazakhstan GDP" f № d the Law "On energy saving energy "On Law the d of relations between market between relations of 33 33

cy.

reasons: tis 04 tn o oil of tons (0,42 ntries tan continues to be one continues be tan to s of oil equivalent per equivalent oil of s to energy saving and saving energy to in the field of energy energy of field the in lation density. As a As density. lation istances leads to to leads istances rial consumers consumers rial e Page Page 124

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB According articlesto 292, 293, 296 the of Code ofadministrative violations, there are penalties saving and energy efficiency, includewhich more 230than energy auditors certified b enga organizationsare 140 than more Currently,procedure. notification of activities the which to according procedures, licensing of simplification acts legal of number a signed burden Kazakhstan of the President first the reduce businesses, to order in 2016, In efficiency. energy and saving energy accreditationcertificate of a received organizations hadhave audits that mandatory on rules the of introduction the of beginning the Since imp the ensure saving and energy efficiency measures to achieve and identifiedthe potential. potential saving energy the defines which w SER report, the audit of energy subjects all 2016, July of end the by Thus, Law. the of enactment within audit energy an conduct to obliged were SER the of subjects The agencies. andfuel, quasi-public sector entities consuming more or 100 conventional of tons as fuel, w o 1,500 consuming entrepreneurs individual and entities legal included SER The arethat subjects theof state energy register (SER) was introduced.also c of group main the for audit energy mandatory of procedure The conclusion. h lw rwh ae f ciiis n h fed f nry aig n eeg effic energy and saving energy of field Kazakhstan is influenced such by factors negative as: the in activities of rate growth low The energy consumption in the industry have not yet yielded significant results. requirementsindustry,factor, the mandatory power for reductionenergycons of (stand requirements legislative of number A regulations. incentive and in mechanisms binding of predominance significant a by characterized is GDP of on policy the implement to createdframework legislative the time, same the At GDP theby end of 2017 relative to levelthe of 2008 decreased 18%. by e "On Law the of framework ene the economy, the ofdiversification theand modernization as well as efficiency", within taken measures the of help the With . . .

200 MCI. In case of repeated violation 200 MCI. violation In case ofrepeated a double amount of fines is applied. fines is of applied. amount a double for small businesses - size 10, medium-sized businesses - 15, large businesses large 15, - businesses medium-sized 10, size - businesses small for fi a entails - efficiency, energy and saving energy on Kazakhstan of Republic the of legislation the cent training the of order the audit, energy the of order the with Non-compliance obs 10, an - businesses or medium-sized 5, - SER businesses small of for fine subjects a entails - the conduct by audit energy mandatory the passing from Evasion bu small for fine a entails - audit energy the after years five within audit, energy the of of production, the buildings, area of structures and structures to t informatio provide to obligation the of requirements for mandatory annual reduction of consumption energy of SER resources and the of subjects the by Violation violation within a year after the imposition of an administrative penalty - entails a fine fine a businesses large 30, entails - businesses medium-sized 15, - -businesses penalty administrative an of imposition the after year a within violation medium medium 20, large - businesses - 200 monthly calculation violation case repeated (MCI). of index In the legal entity. entity. legal the – a double amount of fines is applied. fines is of applied. amount a double – Scoping Study Scoping energy audits, the right to conduct energy conduct to right the audits, energy ged in activities in the field of energy of field the in activities in ged in the authorized body in the field offieldthe authorizedin body the in rs f nry osmto i the in consumption energy of ards he he values results the by determined – the energy audit transferred to the to transferred audit energy the

150 MCI, with the suspension of of suspension the with MCI, 150 - Final - on the reduction of permits and permits of reduction the on onsumers of energy resources energy of onsumers on small and medium-sized medium-sized and small on umption)ofin adopted terms reducing the energy intensityenergy the reducing rgy intensity of the country'sthe of intensity rgy r more tons of conventional of tons more r

the absence of investment of absence the

four years from the date of date the from yearsfour ere required to obtain an obtain to required ere eg svn ad energy and saving nergy ec i te eulc of Republic the in iency y the authorized body. eetto o energy of lementation

– n to the SER, the the SER, the to n 80 MCI. Repeated Repeated MCI. 80 large businesse large ers established by by established ers ell as government for: water water unit per sinesses - sinesses tacle to its its to tacle for small small for 10, s ne ne

– -

Page Page 125

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 2 1 № Table 7 6 5 4 3 adopted. To implement the provisions Law energy the "On saving of energy w efficiency" and a number sub-laws of c large-scale and long-term implement and including the creation of direct financial instruments and the provisi develop mar to services necessary energy is the of it development Kazakhstan, the to impetus powerful a give to Thus, onbut a national scale can have asynergistic effect, leading significantto energy savings. measuresimportantecomayenergy-savinghavethatis to note minor It in investment of flow energy efficiency economicof sectors. the stimulate as well as resources, energy of consumption in increase controlled gradual a implies which policy, tariff Long-term reso savingprojects remains low. energy for tariffs attr regulatedinvestment the but Kazakhstan, of low advantage competitive a certainly relatively are electricity) and coal cheap of availability The

. .

20 eiin f lse o eeg efcec o buildings, constructionsstructures, of efficiency energy of and classes determination of of revision Rules of approval the About equipment electric including energy equipment, for the processes, technological requirements of efficiency of establishment About energy for requirements efficiency of transport of establishment About protecting designs the of part are which elements their constructions and energy structures, buildings, for the of requirements efficiency of establishment About energy State register the of subjects of networks electric in energy factor power of values standard of approval the About of standards of approval consumption the About Name constructions constructions structures, buildings, of documentation estimate) and (design design to shown increaseefficiency energy and saving energy for requirements of approval the About Sub-laws in the field of energy saving and energy eff energy and energy ofsaving field the in Sub-laws and the high cost and sometimes unavailability of borrowed funds. funds. borrowed of unavailability sometimes costand high the and high cost equ energy of imported services and due technologies to the high borrowing of cost in not are consumers and producers why savings; obtaining is which resources, energy for tariffs low Republic of Kazakhstan 2015 31March dated the of development and investment for Minister the of Order Republic of Kazakhstan31, 2015 March dated the of development and investment for Minister the of Order Republic of Kazakhstan31, 2015 March dated the of development and investment for Minister the of Order Republic of Kazakhstan31, 2015 March dated the of development and investment for Minister the of Order Republic of Kazakhstan 2015 31March dated the of development and investment for Minister the of Order Republic of Kazakhstan31, 2015 March dated the of development and investment for Minister the of Order Republic of Kazakhstan31, 2015 March dated the of development and investment for Minister the of Order Date of adoption – Scoping Study Scoping on of state support measures. on stateof support iciency iciency tariffs, should eliminate the irrational the eliminate should tariffs, nomicenterprise,singlebenefits for a

- Final -

h mdriain and modernization the e o te eulc of Republic the of ket re (a, et and heat (gas, urces mrhnie plans, omprehensive activeness of energy of activeness

№ № № № № № № 405 405 406 399 399 407 389 393 394 terested in in terested ipment ipment ere Page Page 126

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 13 12 11 10 9 8 № 19 18 17 16 15 14

saving and increase of energy efficiency saving increase efficiency and of energy energy concerning bodies Executive local of activity of assessment of mechanism the of approval the About of Institute efficiency of energy national of de determination About "Certification auditors» of candidates for energy service state ofthe standard the ofapproval the About increase efficiency of energy and saving energy of field the in auditor energy the of certificate the of issue for necessary documents of list the and requirements allowing of approval the About energy of saving increase efficiency and of energy field the in activity of implementation for and necessary information means technical of and complexes list measuring the of approval the About energy on constructions of efficiency marking of structures, form the buildings, of statement the About the out carrying of Rules analysis audit report energy of of approval the About energy out audit carrying of Rules of approval the About and products designs materials, energy construction for of requirements efficiency of establishment About the following register audit results energy of the energy the State by the developed of subject increase efficiency energy and saving energy for plan action the of maintenance the and form the to requirements of approval the About Name h fed f nry aig n ices o energy of increase and saving energy of field the in plans and programs training of approval the About centers training the of activity of Rules of approval the About velopment in the field of energy saving and increase and saving energy of field the in velopment mnmns ee ae y re o te iitr for Minister the № of order 14.07.2017 dated Kazakhstan of by development and investment made were Amendments 30,2015 Republic Kazakhstan of November dated the of development and investment for Minister the of Order Republic of Kazakhstan31, 2015 March dated the of development and investment for Minister the of Order Republic of Kazakhstan 2015 31March dated the of development and investment for Minister the of Order Republic of Kazakhstan31, 2015 March dated the of development and investment for Minister the of Order Date of adoption re o te iitr o ivsmn ad eeomn o the of development and investment for Minister the of Order Republic of Kazakhstan31, 2015 March dated the of development and investment for Minister the of Order Republic of Kazakhstan 12,2014 December dated the of development and investment for Minister the of Order Republic 30,2015 of Kazakhstan November dated the of development and investment for Minister the of Order Republic of 2017 Kazakhstan 24February dated the of development and investment for Minister the of Order Republic 30,2015 of Kazakhstan November dated the of development and investment for Minister the of Order Republic of Kazakhstan 2016 May dated 31, the of development and investment for Minister the of Order Republic ofthe Kazakhstan November dated 26,2015 of development and investment for Minister acting the of Order 14.07.2017 dated Kazakhstan of development and investment of Minister the of order the with accordance in made were Amendments Republic 30,2015 of Kazakhstan November dated the of development and investment for Minister the of Order the with accordance in made were additions and Amendments 472 472 – Scoping Study Scoping № 472 472

- Final -

№ 455 455 № № № № 401 401 400 400 391 388 388 № 112 112 № № № № № 264 264 1127 1127 1130 1130 1125 1129 № 1106 1106 Page Page 127

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 23 22 21 20 № 27 26 25 24

increase of energy efficiency increase efficiency of energy and saving energy of field the in auditor energy the of certificate the of issue for necessary documents of list the and requirements allowing of approval the About out carrying of Rules of certification of candidates for energy auditors approval the About saving increase energy and of energy efficiency of field of the in policy terms state the of implementation and on form reports of bodies the Executive central the by of submission approval the About increase efficiency of energy and saving energy of field the in checklists and risk of degree of assessment of criteria of approval the About efficiency saving energy and energy about Kazakhstan of Republic the of legislation the of requirements of instruction violation of the elimination about of form the of statement the About register energy State the of formation of Rules of approval the About of saving energy efficiency energy and field the in agreement model the of approval On efficiency Name power auditor in the field of energy saving and and saving energy of field increase efficiency of energy the in auditor power the of certificate the of form the approvalof the About the Republic of Kazakhstan dated December 23, 2015 23, December dated Kazakhstan of Republic the of development and investment for Minister the of order Joint 2012 29, June dated Kazakhstan of Republic the of technologies new and industry of Minister the of Order Republic of Kazakhstan31, 2015 March dated the of development and investment for Minister the of Order Republic31, 2015 of Kazakhstan March dated the of development and investment for Minister the of Order Republic of Kazakhstan 2015 31March dated Date of adoption Republic of Kazakhstan dated November 30,2015 Republic Kazakhstan of November dated the of development and investment for Minister the of Order for Minister the № of order 29.10.2018 dated Kazakhstan of by development and investment made were Amendments Republic 30,2015 of Kazakhstan November dated the of development and investment for Minister the of Order development of Kazakhstan from 28.12.2017 and investments on Minister acting the of order by Amended 30,2015 Republic ofNovember Kazakhstan dated the of development and investment for Minister the of Order Republic of Kazakhstan April 24,2015 dated the of development and investment for Minister the of Order 2016 9, June dated Kazakhstan of Republic the of economy national 2016 31, May of dated Republic Kazakhstan the of development and investment for Minister 2015 the 30, of Order joint the to according additions and amendments December dated of Republic Kazakhstan The of economy national of Minister acting and Republic of Kazakhstan April 11,2017 dated the of development and investment Ministerof the of Order the the Republic of Kazakhstan dated 23.11.2018 23.11.2018 dated Kazakhstan of Republic the of development and investment for Minister the of Order joint № 26.11.2018 dated Kazakhstan of economy national of Minister development of Kazakhstan from 28.12.2017 development of Kazakhstan from 28.12.2017 and investments on Minister acting the of Order by Amended of Republic Kazakhstan November dated 30,2015 the of development and the investment of for Order Minister the by made were additions and Amendments 740 740 82 82 – № Scoping Study Scoping 248; with amendments and additions according to the the to according additions and amendments with 248;

- Final -

№ 5 ad h Mnse of Minister the and 454 № 1131 1131 № № № № № 196 196 485 485 № № № 922 922 922 922 404 404 № № 387 387 390 390 223 Annex to to Annex 223 837; with with 837; 816 and the the and 816 № № № 1125 1125 1122 1123 № 1230 1230 Page Page 128

ANNEXES 135 billion were implemented. san and supply water 242 2015-2018, During sector. the of commercialization of return of mechanism the on implemented are projects Zhol" "Nurly Program state of implementation the for budget national the from allocated was (83,3%)devel regional of program State the of part As projects. 2,668 of implementation During the period 2011- period the During KZT 330 billion is needed to solve this problem. Accord cities. 27 in construction the and 26 braid mor the of of wear reconstruction average an with STF, have 58 only settlements, urban 86 the Of paid to the comprehensive modernization sewageof treatment facilities in cities (STF). sani and supply water the of modernization further to approaches new curre is Kazakhstan of development infrastructural and industry of Ministry The add In sector. sanitation and conducted and investment justifications have been supply developed for 54 cities in the count water the of development the i Bulak" "AK program the of beginning the with systems, sanitation and and restoration the at aimed was water" "Drinking program first The until development regional of infrastructure development "Nurly Zhol". program "State the into integrated ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB implemented consistently sect relevant the task, this accomplish To Republic. the of Government the of issue drinking with ofprovidingandpopulation sanitation theThe water s elimina to 2020, resources in agriculture by2040, solve and to the problems water of supply by once and f population the to water provide to necessary is it economy, transitionthe forConcept thein setgoals the accordance with In Water code 30 29 28 №

performing acceptance of notifications acceptance performing authorities public the of determination authorities, about also and public by notifications of acceptance of Rules and notifications of forms of approval the About service contract energy the of forms standard of approval the About and forming of selection inclusion energyand of in the projects efficiency map map, Rules efficiency energy the of of maintaining approval the About Name 2019, – Dikn wtr fr 0221, A Blk fr 0122, hc i later is which 2011-2020, for Bulak" "AK 2002-2010, for water" "Drinking KZT 850 billion was invested in the water supply and sanitation sector f sector sanitation and supply water the in invested was billion 850 KZT Kazakhstan January 6,2015 dated of Republic the of economy national of Minister the of Order 2015 March 31 dated Kazakhstan of Republic the of development and investment for Minister the of Order for Minister the Kazakhstan 14.07.2017 ofdated of Republic the order of development and by investment made were Amendments Republic 30,2015 of Kazakhstan November dated th of development and investment for Minister the of Order Date of adoption 2015 December 4 dated Kazakhstan of Republic the of and development investment for Minister acting the of Order by amended economy of Kazakhstaneconomy 27.02.2018 dated national Ministerof of acting order by made were Amendments – № Scoping Study Scoping 1156 1156 of the Republic of Kazakhstan to a "green"a to Kazakhstan Republicofthe of maintenance of existing water supply water existing of maintenance № 00, n te tt porm of program State the and 2020", 472 to, ehia sres ae been have surveys technical ition, tation sector. Particular attention is attention Particular sector. tation ntroduced a systematic approach to approach systematic a ntroduced ing to preliminary estimates, about estimates, preliminary to ing ervices remainstheof priorities one

- Final - 2 426 projects. According to the to According projects. 426 2 ntly working on conceptually on working ntly oral and state programs are programs state and oral e than 60%. The necessary The 60%. than e

itation projects worth KZT worth projects itation financing for the purpose the for financing te the shortage of water of shortage the te opment, KZT 715 billion 715 KZT opment, № 4 ry. ry. or all by 2050. all 2050. by or

№ 83 83 № 1139 1139 № 0; as 402; or the or e Page Page 129

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB as defined follows: protec and use of efficiency the Kazakhstan,reproduction.itsThe ensuringmainof resources principles o improving at aimed relations water of basis water resources management. defines Thecode the legal, organizational, environmental, economic and soci g sub-laws relevant as well as 2003, July in adopted was which of version Rep the of code Water the is country the in policy water of basis legal The wa peo million 16,5 or population total the of 90,2% whole, a as country the In provide 80% of villages and 100% cities of with centralized water supply. po the of 97% provide to cities in and 62%, to villages in supply water incr to planned is it 2019, In increase). (17,4% areas rural in % 59,9 to % 42,5 (12,5 areas urban in 94,5% to 82% from increased availability water 2011-2018, In networks supply networks 57%. to water of wear the reduce to allowed This Programs. reconst and built were networks of km thousand 29 about total, In 53 competenceand specifies po codethe the administrations.regard, thisbasin In government the of prerogative the are functions regulatory administrative water of development functions, Supervisory and control of Implementation objectsthese is carried out at expensethe theof owner. ar facilities waterthese under Fund water the of lands the Accordingly, other and channels on-farm (former structures management water of expense the at as well as services, supply water from incomeeconomic of expense th by owned facilities water other and cities of networks supply water inter-district, includes property Municipal budget. national the of expense facil these of maintenance The importance. strategic of facilities water as transboundary,inter-basin interstate,includes propertyRepublican The municipal property lease,to trust management and privatization. transferring of possibility the for provides code the addition, In and private ownership. wa and ownership,state exclusive the in are groundwater,containing canals, rivers, seas, include which bodies, water that noted be should It sanitary-epidemiologicaland releases ensuring the preservation of the natural st code prioritizesThe drinkingwatersupplythe requiredin quantity and guaranteed According to the Ministry of development the of industry Kazakhstan to infrastructural According and ter supply, including 10 million citiesin and 6,5 million in villages. . . . .

transparency and involvement of the public in solving the problems of the use resources. water the of problems the solving in public the of involvement and transparency protection; their with combination in bodies use ofwater techno modern ofwater; effects harmful the reduce and abstraction water reduce of development the with resources water of use rational and integrated access water; equal to and equitable

– Scoping Study Scoping water facilities owned by the Republic and Republic the by owned facilities water ructed due to the implementation of two of implementation the to due ructed 53 structures) belong to private ownership. private to belong structures) ter facilities - in the national, municipalnational, the in - facilities ter

, inter-regional water facilities, as well as facilities,water inter-regional , e in private ownership. The content ofcontent The ownership. private in e e state, which are maintained at the at maintained are which state, e f water legislation in Kazakhstanlegislation f water in are pulation. By 2025, it is planned to planned is it 2025, By pulation. n h cuty o 2, Sewerage 52%, to country the in lakes, glaciers, parts of the subsoil the of parts glaciers, lakes,

overning water management and management water overning - Final - ities is carried out mainly at the at mainly out carried is ities te uhrzd tt oy and body state authorized the , ublic of Kazakhstan, the current the Kazakhstan, of ublic ne-cnmc ae facilities, water inter-economic management policy, legal and legal policy, management ple have access to centralized to access have ple wers of these structures. Localthese structures. of wers ate ate theof water body.

in f h eitn water existing the of tion quality,environmentaland ease access to centralized to access ease local budgets. All other All localbudgets. % increase) and from and increase) % and protection of of protection and logies to to logies al Page Page 130

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB left unattended. remo and collection the for enterprises specialized of services the by covered is part Only legislation.sanitary andenvironmental of requirements municip the meet and landfi landfillsexisting of most 97% About of requirements. regulatory operation meet not the does Kazakhstan time, same the At landfills. at disposal pr environmental manag waste methodof main waste.The municipal volumesincreasing processing of of acute most the col of problem of acute an is there cities, one large in especially settlements, all is in Kazakhstan, it Today waste. solid of volume reaso the are Kazakhstan in urbanization continued and growth Economic Waste management irrigation water agriculturalto water users. water of services the subsidizing of program a implement to started already wa rural of level the increasing fr to contribute law, water the in drinking specified systems, and producers agricultural to water irrigation subsidies including sector, water the for support state of Measures implementationthe of resource-saving and low-waste technologies, as well as the creatio pro of financing users, water from fees and payments of collection use water rational stimulationof andregulation of methods Economic and bodies water of use the to devoted is code the of section i separate consumption water rational of importance the account into Taking as well the procedure for the settlement internationalof water disputes. trans of problems mainproviding internationalfield, the this cooperation for Chapter on in the solving on focuses law the addition, In treatment, protection of water from pollution. mu of operation and supply water for responsible are authorities – Scoping Study Scoping onay aes n itoue a special a introduces and waters boundary nicipal facilities for water supply and water and supply water for facilities nicipal m o-lentv gop ae supply water group non-alternative om grams, provision of loans and benefits in benefits and loans of provision grams, for the cost of services for the delivery of delivery the for services of cost the for have been strengthened, providing for strengthened,providing been have vros etr o te cnm, a economy, the of sectors various n directions,principles,mechanism,as water facilities in economic sectors. economic in facilities water of the settlements of the Republicthe of settlements the of

- Final - ns for the annual increase in th in increase annual the for ns organizations for the delivery of delivery the for organizations ter supply. The government has government The supply. ter val of waste, and the rest are rest the and waste, of val

bes n h cuty In country. the in oblems

lls in the country do not not do country the in lls ement today is wasteis today ement n of of n public funds. lection, storage and storage lection, l at dms in dumps waste al e Page Page 131

ANNEXES built, and the existing small waste processing plants are being modernized in 19 settlement processing and sorting waste 23 cities, seven in installed been have lines Sorting busin medium-sized and small 100 than more are there regions the In thewith export solidof waste by2030. ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 50 2030, by 40% to processing waste of share indicat target defines concept The waste. solid of processing and export bringing recyclables, from invest the increasingas producewell requirements,as sanitary and environmental to sector processing waste the of development introducti the at aimed is economy,"green" a to Kazakhstan of Republic Conce the in defined management, waste of field the in Kazakhstan of policy The Figure 54 KazWaste Association KazWaste Association 33 Share of coverage of population by services for the collec for the by ofservices population coverage of Share

% - by 2050, as well as 100% coverage of the population the of coverage 100% as well as 2050, by - – Scoping Study Scoping esses, sorting and processing waste. processing and sorting esses, ment attractiveness of the sphereof the attractiveness of ment on of separate waste collection, the collection, wasteseparate of on ors that provide for increasing the increasing for provide that ors tion and disposal of solid waste of solid disposal and tion

- Final -

facilities are planned to be to planned are facilities pt for the transition of the of transition the for pt adil i ln with line in landfills s. s. 54

Page Page 132

ANNEXES

Thus, amendmentsThus, madewere the Environmental to code on management, waste in particular: legal regulatory main managementwaste activities. the to made were changes market, materials raw secondary streamlin to as well as waste, solid of disposal and disposal processing, imple to Concept, the in defined indicators target the achieve to order In municipal waste. managem o waste covers code Environmental the and waste, of types certain cycle for requirements life waste the of stages certain at enterprises, of cycle establishesenvironmentalCode The standards.environmentalinternational establishesrequirem it time first the For 2007. in adopted Kazakhstan, documentThe main regulating sphere of management the waste Environmental is the code Repu ofthe stateno statistical accounting theof volume of processing and utilization secondary of market underdeveloped the waste, municipal of collection separate fo incentive economic no is there materials, raw secondary of points receiving Ka in waste municipal of collection separate of system no is there Currently, ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Figure 55 KazWaste Association KazWaste Association . .

34 aeil, o eaae olcin n dsoa o sm tps f aadu wse (electron waste hazardous of types some of disposal and secon collection into separate waste to consumption materials, of transfer to materials, raw secondary to requirements materials»; raw waste", "secondary municipal of collection "separate of concept the introduced Share of solid waste processing in the Republic of Kazakhstan of Republic the in processing waste of solid Share

– Scoping Study Scoping ents for waste management that meet that management waste for ents of secondaryof material resources. nly requirements for hazardous and hazardous for requirements nly ment the collection, transportation, transportation, collection, the ment e and systematize the work of the of work the systematize and e

requirements for waste in the life the in waste forrequirements - Final - zakhstan with the exception of exception the with zakhstan 55 r the population to conduct to population the r

raw materials, and there is there and materials, raw n sae. n em of terms In stages. ent ouet regulating documents dary raw raw dary ic and and ic blic of

Page Page 133

ANNEXES point the from important very is fact This GDP. of ave unit per global consumed is the to compared figure high Kazakhstan, fairly w of economythe of orientationmaterial raw the of consequence a is This 2025. ener about primary until of level 55% About remain will terms economy. absolute in consumption its that expected its is it and coal, is of Kazakhstan structure the on significantly depend intensity, energy of case the in as that, mind in borne be should It t million 330 achieve the unconditional reduction emissions.of to equal emissions of level the exceed not should Kazakhstan 2030 CO of tonsmillion 389 emissions toKazakhstan's amountedtotal 1990, In conditional target emissions across economy the 15%by of the 1990 2030 levelby as unconditional an target and 25% by as a ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB CO2 emissions transition. degree a and technologies low-carbon as well as Fund), climate (green 56 to itself committed has Kazakhstan Thus, 2016. in agreement climate Paris additio In level. 1990 the from 2050 by 25% by and 2020 by 15% by emissions "gree a to transition the for Concept the of framework the Within organizeto aseparate collection at the source formation, their of recycling and process on Kazakhstan" of Republic the in self-government and government local t of Law the Kazakhstanand of Republic the of code Environmental the Also, continues.waste o work code, Environmental the of requirements the of framework the Within more 20than types of products from recycled materials. medium- and small 100 than more are there Kazakhstan of regions the in Today in waste. dumping the on ban a force into enter will 2021 January 1 from and on trapped introducedKazakhstan of Republic the in 2019 January 1 From purchase cars of by the operator of EOM collected 20 280 cars for further disposal. Dur 2016. in tons thousand 39 to 2015 in tons thousand 26 from - process volume of the in increase an contributed EOM to ofintroduction The A conditional target depends on Kazakhstan receiving additional internationa additional receiving Kazakhstan on depends target conditional A . .

eurmns o ette promn oeain fr h cleto, transportation collection, the establi for standards operations national waste. of disposal and processing performing mandatory entities of for introduction requirements the for provides it January 9 of 05.10.2018).); on amended 212-III No. Kazakhstan of Republic the of code environmental the of 301 with accordance in introduced was landfills at waste of types certain of disposal the on a ban the for requirements (EOM); (importers) manufacturers of accumulators), obligations extended of implementation batteries, waste, mercury-containing equipment, electrical 56 .

of flexibility, given that it is a country with an economy in economy an with country a is it that given flexibility, of – Scoping Study Scoping l investment and funding to combat climate change climate combat to funding and investment l ing the six months of the program for the for program the of months six the ing n" economy, the goals are set to reduce to set are goals the economy, n" CO2 emissions in each individual country individual each in emissions CO2 local Executive bodies are obliged are bodies Executive local landfills of food and construction and food of landfills of view of CO2 emissions in the in emissions CO2 of view of 2 equivalent, which means that bythatmeans equivalent,which 2 the disposal in landfills of plastic, of landfills in disposal the

- Final - ing of tires, oils, batteries by half oils,by batteries tires, of ing he Republic of Kazakhstan "On Kazakhstan of Republic he here a large amount of energy energy of amount large a here n the elimination of historical of elimination the n

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euig rehue gas greenhouse reducing n, Kazakhstan signed the signed Kazakhstan n, ae wih gi i a is again which rage, n f O nodr to order in CO2 of ons ing solidof waste. y osmto in consumption gy shing qualification qualification shing at about the same the about at , disposal, disposal, , 2007 (as 2007 article article Page Page 134

ANNEXES prtn i te i ad a, lcrct, iig mtlugcl ceia, process 2018 chemical, metallurgical, sph mining,brick) and gypsum lime, electricity, cement, materials: building of gas, production and oil the 48 is in emissions operating gas greenhouse for quotas of volume total the plan, this em gasgreenhouse for quotas of allocation the for plan national emiss gas greenhouse of regulation the for framework legislative the 2017, In amount coal of energyin equivalent. The object The object of taxation is the following oftypes waste: on the basis of a special tax regime for peasant farm or and payersare of the single land payers not Are management. environmental special of order the in Kazakhstan emissionsindividualsentitiesforare payments legaloperat of Payers and emissi for payments of regulated Chapterby th 71of the Tax code and calculation the provisions theof Environmental cod into and emissions substances for harmful payments of of emissions system a has Kazakhstan addition, In fr trading the organized at sitethe of commodity the exchange Caspi. in get could enterprise the of emissions GHG permitted the exceeded volume mod operation in emissions gas greenhouse for quotas trading of system The purchased from other users of natural resources. not volume, established the of excess in quota of unit each for indicators emissions gas greenhouse for administrativeOf Code violations,329 ofthe exceeding estab article According to the required documents. shou quotas the credited be shall which to installation the of par this inspecifiedinstallation the passportof the of and emissions of the In transfer protection. environmental of field the and in body authorized emissions of register State the of Rules the with accordance Repu the of instal and code plan (monitoring Environmentalinformation provide annually the operators of requirements the with accordance In ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB oil fuel combustion of full the with country: with full combustionthe of natural gas, atmosphere the isemitted 1.8 times less carbon dioxid emissions into the environment: th coefficients established entities legal of categories following the For location of the object of pollution. Mobile sources pollutionof are exception. an to submitted be shall environment the into emissions on Information . . . . .

2020. placed sulfur formed during oil operations. operations. oil during formed sulfur placed production; and consumption of waste disposed pollutants; of discharges emissions pollutants; of provision of public services; services; public of provision subjects monopolies of natural

– nal a ie o lgl niis n h muto iemnhy calculation monthly five of amount the in entities legal for fine a entails – 1.4 times less carbon dioxide than with the full combustion of the s the combustion of full the with than dioxidecarbon less times 1.4 – the coefficient is used for the volume of emissions generated in the the in emissions of volume generated the is used for coefficient the – Scoping Study Scoping ld be blocked prior to the submission of the of submission the to prior blocked be ld case of the monitoring plan, greenhouse gas greenhouse plan, monitoring the of case issions for 2018-2020 was approved. Under approved. was 2018-2020 for issions agraph, the term account of the operator the of account term agraph,the lation passport) for the previous year in year previous the for passport) lation the state revenue authorities at the at authorities revenue state the at reduce the amount of payment for payment of amount the reduce at eres, free of charge is distributed for distributed is charge of free eres, ing in the territory of the Republictheterritory theof in of ing

- Final - compensated by units of quotas of units by compensated ,0,3 uis o 25 plants 225 for units 5,909,138 n it te niomn are environment the into ons evrnet Sadrs for Standards environment. e e was launched in 2014. The 2014. in launched was e peasant and farms operating farms and peasant ions was improved, and the and improved, was ions oltns apoe b the by approved pollutants,

lc f aahtn plant Kazakhstan, of blic e. e. lishedquotasofvolume amework of exchange of amework n (n em o the of terms (in ing tax. tax. e, and ame

Page Page 135

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB aimedand are at: scientific modern account environmental, economic, aspects social ofsustainable development, on which cover followingthe areas based technologies production technolo "green friendly term environmentally the define to intended is code Environmental new The inves of amount the calculate to need introduction "green"of technologies in each sector of industry. a is there secto connection, various this for In technologies developed. "green" available best the of list a economy, t of transition of concept the withaccordance in time, same the At isThere a need to define the terms and criteria applicable to Kazakhstan. defin the for criteria no are there financing", "green th technologies", "green of act legal regulatory any in definition no is there Currently, "Green technologies", "green technologies Service operator", "Green investments". investme green and technologies "Green Chapter new the be will 2021, which code, Environmental new the of aspect important most the addition, In tech available best efficiency and environmental emissions exemptwill be from such payments. the implemented have that enterprises that assumed is it In measures. protection environmental to directed be should payments first the of 50% least at that provides code draft new The state. environ the serve not does but budgets, local of replenishment of source 5% than fac In environmentalprotection. for used are more users subsoil by annually no present, At protection. environmental for payments us the regulating mechanisms legislative no still are there practice, in example, For activiti environmental updating of legislation in the field environmentalof in protection, and primarily the E investment business increase to mechanisms incentive management resource practices, management environmental of transformation 2050" the concept and transition the the of Republicof Kazakhstan of to a"green" economy, pr challengesNew facing economy the in accordance strategywith the "Kazakhsobjectives the of long-term Environmentalnew code will be based, inter alia, on OECD standards. and technologies "green" in invest to enterprises encourage to levers economic more wh developed, being is code Environmental new a competitiveness", global Kazakhstan: the of Address the of implementation the of part as Currently, The current environmental code ofthe Republic Kazakhstanof was adopted 9 Januaryon 200 Ecological code 68%. of volume The 13%. by atmosphere the into pollutants of emissions Reduced contribution their increased have enterprises years, five past the Over . .

are not applied for excess emissions into the environment. excess environment. the for emissions into applied not are coefficients established The residence. of place the at individuals by generated (MSW) waste solid waste municipal of placement the out carry that landfills organizations; producing energy – Scoping Study Scoping stage from the date of introduction of these ofintroduction of date the from stage first Head of state "Third modernization of modernization "Third state of Head first – e Republic of Kazakhstan, such terms as as terms such Kazakhstan, of Republic e he Republic of Kazakhstan to the "green"the to Kazakhstan of Republic he the coefficient is used for the amount of of amount the for used is coefficient the t, the payment for emissions remains a remains emissions for payment the t, to environmental protection by 29%. by protection environmental to addition, as an incentive mechanism, mechanism, incentive an as addition, nts", the introduction of the terms the of introduction the nts", mental goals and objectives of the of objectives and goals mental

f h fns o eisos paid emissions for funds the of - Final - to f gen technologies. "green" of ition is scheduled for approval in approval for scheduled is s f h eooy s being is economy the of rs oois n em o energy of terms in nologies burned gas was reduced by reduced was gas burned gies" as follows: these are are these follows: as gies"

nvironmental code. nvironmental code.

civmns tkn into taking achievements, ih h itouto of introduction the with e of funds from emissionsfrom funds of e s I tr, hs requires this turn, In es.

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Page Page 136

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB i chemicalin the accordancewith products of andandsafetyequipment machinery an pharmaceutical industr construction industry, chemical, furniture met and wood industry., coal, and engineering, mining content, country, local the of of development development technical and scientific development, indu of fields the in leadership provides which Kazakhstan, of Republic the of infrastructureRepub theindustry developmentand of Ministryof the 2018, Kazakhst of Republic the of Government the of decree the by approved Kazakhstan, infrastr and industry of Ministry the on Regulations the to According Ministry industryof and infrastructural development of the Republic of Kazakh protecti protection, control and supervision theof rational of natural resour use environmental of policy state the of implementation and formation the of energy of Ministry the 2019, 17, June to 2014 6, August From renewable energy. o Department the Kazakhstan of energy of Ministry the of structure the In d energy sources. the energy, nuclear boilers), Autonomous for (except zone heating district the th in engaged houses, boiler and plants power thermal of terms in supply, ma the supply, gas and gas products, petroleum of production of regulation t in use subsoil of field the in hydrocarbons, of transportation processmanagement the of coordination policy, state of implementation Kazakhstan,respon Republicof the of bodyExecutive Central the is Kazakhstan of o Republic the Ministr the 2014, September19, dated Kazakhstan Republicof ofthe of government energy of Ministry the on Regulations the to According Ministry of energy Republicof the of Kazakhstan Key state agencies for EE/RE regulations

......

and consumption. consumption. and carcinogeni and toxic contain not do that materials building of production change; effects ofclimate the mitigating at aimed environment, greenh of effect absorption high a with spaces green sustainable of removal appliances; household and buildings of efficiency energy biomass geothermal, hydro, as well as efficiency, fuel improving atmosphere, the into wind, emissions harmful of reduction hydrogen), (solar, sources energy renewable from energy of production processing and products; agricultural of production products, husbandry animal agriculture, in biotechnologies of introduction energy; and replacement of non-renewable natural resources with alternative renewable sources patterns; consumption and technology in innovation through reduction waste maximum cycle:production aclosed in products non-toxic of production y and production of building materials, safety of safety materials, building of production and y – Scoping Study Scoping erms of hydrocarbons, uranium mining, state mining, uranium hydrocarbons, of erms ucture development of the Republic of Republic the of development ucture ces. – Republic of Kazakhstan included the included Kazakhstan of Republic disposal disposal in the fields of oil and gas industry, gas and oil of fields the in lic of Kazakhstan is the state bodystate Kazakhstan the of is lic

e production of thermal energy in energy thermal of production e f renewable energy is engaged in engaged is energy renewable f - Final - Kzksa, prvd y the by approved Kazakhstan, f in pipeline, electric power, heat power, electric pipeline, in n sld at management, waste solid on, stry and industrial-innovative and stry

– y of energy of the Republicthe of energy of y sible for the formationand the for sible ndustry orientation; exportorientation;ndustry mdcl nuty light industry, medical d vlpet f renewable of evelopment c, using waste production production waste using c, new production; production; new an dated December 29, December dated an ouse gases from the the from gases ouse lugcl complex, allurgical stan stan of raw materials materials raw of of agricultural agricultural of , Page Page 137

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB the ofdecree the TokayevKasym-Zhomart thewith transfer functiof resou natural and Geology ecology, of Ministry the 2019, 17, June On Ministry of ecology, geology and natural resources of the Republic of Kazakhstan energ with deals services communalefficiency. and housing and construction for Committee wat of field the in regulation state waste), solid for (exceptmanagement waste o issues safety, industrial and development industrial for Committee the Ministryand infrastructure industrystructureof the theof Within development and promotion of non-resource exports. thermal power plants and boilers produce that thermal energy the district in heating zone) with supplywater of field the regulationin state solidmunicipalwaste), for mu and services municipal relations, housing activities, construction and s airport of field the in markets significant socially in and airports fie the in monopolies natural aviation, experimental and sp civil air of the activities of use the in shipping, merchant transport, th in water mining; uranium for except minerals, solid of terms in use subsoil of ensuringuniformitytheand of measurements; mineralresources,forexcepthyd t zones; economic special of abolition and operation creation, products; cont materials raw stones, precious and metals precious of turnover industrialcontrol;safety; energyenergysaving andefficiency; regulatio netet euain f h pplto t te cnmcl consumpti economical the production to of population qualification the of and modernization education control investment, the quality for the measures of improvement include should policies Energy-efficient allsectors, regions and countrythe as a whole. imp to necessary is it goals, these achieve To state. the of objectives strategic the energ and saving energy of issues the Thus,efficiency. energy and saving energy is o Republic the of transition of concept the in directions key the of One Program Energy 2020saving - RE/EE strategy and plans/programs responsiblebe for the above issues. units the of which unknown currently is it recently, relatively established fact thethethat Ministryecology,Due to of geology and natural resourcesRep the of state state geological study, reproduction mineralof resources. Republi the of development infrastructure and industry of Ministry the 3) us of field the resources, water supply, sanitation, forestry; in Kazakhstan of Republic the of agriculture of Ministry 2) management, waste solid protection, supervision environmental of the rational use natural of resources; of policy state the an formation of field the in Kazakhstan of Republic the of energy of Ministry the 1) – Scoping Study Scoping c o te eulc f aahtn n the and Kazakhstan of Republic the of ace development of the Republic of Kazakhstan,of Republic development the of ervices, roads; architectural, town-planning architectural, roads; ervices, aining precious metals, jewelry and otherand jewelry metals,precious aining rces of Kazakhstan was established by established was Kazakhstan of rces n of productionmetalsof n precious of and and sanitation, heat supply (except forsanitation,(except supplyheat and f Kazakhstan to the "green" economy "green" the to Kazakhstan f echnical regulation, standardization standardization regulation, echnical nicipal waste management (except management waste nicipal in the structure of the Ministry will Ministry the of structure the in f municipal services and municipal and services municipal f n f nry eore. lo a Also, resources. energy of on

personnel, attracting large-scale large-scale attracting personnel, - Final - do i nvgto srie and services navigation air of ld e fields of railway, road, inland road, railway, of fields e c of Kazakhstan in the field of field the in Kazakhstan of c rocarbons;management state er supply and sanitation - the - sanitation and supply er f rnhs f economy, of branches of

rove energy efficiency in all in efficiency energy rove ad rtcin f water of protection and e rtcin cnrl and control protection, y efficiency are referred to referred are efficiency y ublic of Kazakhstanublic of was svn ad energy and saving y d implementation ofimplementation d ons ons and powers:

in settlements; Page Page 138

ANNEXES use offuel and energy resources, included and the following target indicators: and consumption energy reducing by efficiency energy improving and Kazakhstan of The program envisaged creationthe of conditions for reducing the energy intensit for elimination.their eff energy of increase and saving energy of matters in government of levels framework, institutional weak a saving, energy of sphere the in support o lack (the saving energy of industry the in weaknesses identified has program The approved earlier theby decree the of Government theof Republic of Kazakhstan dated Aug ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB pro the level, national the at direction this in activity the activate To thinking, increasing investmentthe attractiveness energy of efficiency as an att techn and scientific of use the is implementation its for condition necessary current state of energy conservation and to determine what further st further what determine to and conservation energy of state current difficul is it map, road or programme industry targeted a of absence the In energyon saving and energy efficiency. no currently is there and expired has plan comprehensive The 2012-2015". for Kazakhstan o plan efficiency energy "Comprehensive the adopted Kazakhstan of Republic the 2011, In Complex plans on energy saving and energy efficiency increase specialized sectoral programs approved theby state in this area. saving "Energy program the planning), state of accordanceinBut, thewith nationalconcretePlan"100 steps" step(92 impro and intensity ofsectors the economy. energy reduce to targets set program the addition, In . . . .

euto o ui css o te rdcin f kh f lcrct, Ga o ha an heat of Gcal 1 electricity, of kWh 1 of production sector. residential the in 1m2 per consumption the for costs unit of reduction identified: were program the of objectives The main level of by 40% least at by product domestic gross the of intensity energy the of reduction - 2013 during intensity energy GDP in 10% reduction annual o o o o o o o

2008. reduction of fuel consumption in the transport sector; sector; transport the in consumption fuel of reduction efficiency; energy and saving energy of field the in training service companies; energy of activities the stimulate mechanisms of to formation energy and efficiency; saving energy promote to mechanisms of implementation and development population; the among saving energy of promotion large-scale networks; heat and losses of power in reduction industry; country's the of efficiency energy and modernization

– 00 ws blse. urnl, hr ae o other no are there Currently, abolished. was 2020" – Scoping Study Scoping eps should be taken to improve energy improve to taken be should eps 2015; -Formation thecompact ofa system lack of coordination of actions of all of actions of coordination of lack rm eeg Saving "energy gram

- Final - ical potential and new innovative new and potential ical iciency) and developed measures developed and iciency)

t to understand and assess the assess and understand to t e nry fiiny n various in efficiency energy ve ractive business activity. businessractive activity. y of y of the GDP theof Republic

f the mechanism of state of mechanism the f reducing the inefficient inefficient the reducing ust 29, 2013. 29,ust 2013. state programme state f the Republic of Republic the f 2020 from the the from 2020 – 2020"was d heat heat d Page Page 139

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB The evaluation is carried accordingout followingto the criteria: & m of E on energy saving and energy efficiency. bodiesExecutive energy on (m&E) saving and energy efficiency", Ministry the annually assesses activities the activit the assessing for mechanism the of approval "On 2014 12, December dated Kazakhstan develo and investment for Minister the of Order the to according time, same the At energyand efficiency. s the of approval and development the for need urgent an is There efficiency. gemn fr h lgl niy f h Rpbi o Kzksa, implementing Kazakhstan, of Republic the of entity legal the for agreement pro investment the under equipmenttechnological importing companies, Kazakhstan, Republic the entities of investme of carrying theof implementation out the Kazakhsta of Republic the of code Entrepreneurial the to According Investment preferences RE/EE Policy and strategy implementation mechanisms Pavlodar, North Kazakhstan, South Kazakhstan regions, Almaty city). en Kyzylo Kostanay, and Karaganda, Kazakhstan, West saving Kazakhstan, East Atyrau, energy Aktobe, (Akmola, Comprehensive approved and were regions regions Zhambyl 13 (Almaty, in country the and of developed, regions 3 in 2017 in time, same the At oth exceed 50%.all in and 66%, region Pavlodar in and 62% region Kazakhstan North obliged SER, of subjects the of 70% conducted audits energy region Akmola no does Almaty and Astana of cities and regions the in audits ener energy and completed saving energy "On Law the of force into entry the since average, On a"low"have rating. re Kazakhstan South and region Kazakhstan East WKO, regions, Kyzylorda Kostanay, ener on work ca the 2017, in out carried assessment the to according However, rried out at a low level. Only 8 regions in 2016 showed an average result average an showed 2016 in regions 8 Only level. low a at out rried 1) 2) 3) 8) 4) 7) 5) 6)

efficiency and measures for energy saving and energy efficiency included in the development development the in included efficiency territory; energy relevant the of program and saving energy for measures and efficiency and saving energy of field the in policy state the of competence its within implementation oioig f opine ih nry osmto sadrs y tt institutions state by standards competence; consumption energy with compliance of monitoring organization of energy audit of state institutions; institutions; state of audit energy of organization organization of thermal modernization of public institutions; institutions; public of modernization thermal of organization purchase and installation of energy metering devices for public institutions; institutions; public devices for metering energy of installation and purchase organization of disposal of mercury-containing energy-saving lamps used by the population. population. the used lamps by energy-saving mercury-containing of disposal of organization ensuring the modernization of Park and street lighting, taking into account the the account lamps; saving into taking lighting, street and Park of modernization the ensuring purchase and installation of automatic heat management systems for public institutions; institutions; systems public management for heat automatic of installation and purchase – Scoping Study Scoping n, approved on October 29, 2015, legal 2015, 29, October on approved n, ject on the basis of a financial lease financial a of basis the on ject

- Final - er regions this figure does not does figure this regions er tate program for energy saving energy for program tate (Pavlodar, Mangistau, Akmola, Mangistau, (Pavlodar, to conduct energy audits, in audits, energy conduct to h ivsmn poet are project, investment the

y aig n h rgos is regions the in saving gy gy efficiency", the share of share the efficiency", gy

t exceed 50%, and only in only and 50%, exceed t pment of the Republic of Republic the of pment gion), the other regions other the gion), ntand project, leasing ry fiiny plans efficiency ergy saa iy were city) Astana rda, Mangystau, rda, use of energy- of use within its its within ies of local of ies energy energy Page Page 140 140 ANNEXES investment for for investment subsidy the is projects provided expansion priority (or) not and and preferences investment of provision the for application of date the on i calculation monthly the of size the times million five lessthan not p contract investment an concluded has that Kazakhstan of Republic investment preferences for the investment priority project): investment the for provided are preferences investment of types following The 58 ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB investme the for provided are preferences investment priority project): investment of types following The Kazakhstan. with accordance in provided benefits targeted are preferences Investment are engaged in the design, construction and operation of preferencesrenewable energy facilities. investment particular, In preferences. investment with provided 57 Investment priority project is a project: implementation of the public-private partnership project, including the con exp created, those including facilities, production existing of renewal (or) measuresinvestment setfor provide investments of that is a An project crin the

A ye f ugt usd poie a a ivsmn peeec o a g a on preference investment an as provided subsidy budget of type A Tec - - - - - 2) creationthe of new industries expansion and and (or) upgrading of existing pro 1) hnological equipment means equipment hnological technological for use goods the in intended process of an 2) 1)

rdcn gos tpltd n h ivsmn cnrc o ipeetto o pr of project: implementation on contract investment the in inp stipulated phased goods a in producing facilities production existing of upgrading (or) and expand to 100 by percent; contract investment the in specified activit priority of implementation the from received income on tax income corporate of reduction n rain f e poutos rvdn ipeetto b te ea ett o inves of amount the in entity shop), plant, (factory, legal facilities production new the of construction by implementation providing productions new of creation on investment subsidy investment tax preferences; preferences; tax equipment importing (when imports on tax added value and duties customs from exemption state in-kind grants. grants. in-kind state materials, raw materials and (or) materials); materials); (or) and materials raw materials, o o o

base; tax the to of0percent rate the at tax property of calculation rates; tax the 0 to coefficient the apply 100 by percent; contract investment the in specified activities priority of implementation the from received income on tax income corporate of reduction 57 and its components, spare parts for technological equipment, raw materials and (or and materials raw equipment, technological for parts spare components, its and 58 .

ndex established by the law on the Republican budget and in forcein and budget Republican the on law the by established ndex roviding for the implementation of investments in the amount of of amount the in investments of implementation the for roviding – the implementation of the investment priority project. The project. priority investment the of implementation the Scoping Study Scoping autu ad reoal bss o lgl niy f the of entity legal a to basis irrevocable and ratuitous anded and (or) updated during the during updated (or) and anded cession project. renewal of existing production facilities. production of renewal existing

- Final - the legislation of the Republic of Republic the of legislation the investment project. investment project. priority project (hereinafter project priority eation of new, expansioneation new, of and

t rjc (nldn the (including project nt rne t lgl entities legal to granted duction facilities: duction facilities: of not less than two two than less not of t f ie assets, fixed of ut iority investment investment iority technological technological tments in in tments ies – )

Page Page 141 141 ANNEXES steps" approved by the Head of state, 97 steps provide for the develo the forsteps provide 97state, Headof t the approvedby steps" to according addition, In exam. or interview an through carr candidate will which efficiency, energy and of levelassessing the by but formally,auditors savingnot energy for candidates energy of field bo the introduce to in planned personnel is it Law, draft this of framework the Within some legislative acts of Republicthe Kazakhstanof on energy saving and energy efficiency". amendme"OnLawdeveloped draft a efficiencyandenergy has energy saving field of the requi audit energy of field the in situation current the Since Rules of energythe audit. the of 61% of discrepancy the revealed which audit,energy the of conclusions electricit of Institute the with together Kazakhstan of Republic the of body authorized the 2016, Since competitiveness. ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB energy thestate reduce to of Head first the by tasksthefulfillset to acco and, conducted, are audits energy low-quality above, the of result a As the responsibility of the authorized body individual and the is defined. not int and exam an without provided documents the of basis the on formally, certificat The regulations. relevant the and efficiency" energy and saving energy energyenergy saving andefficiency onbasisthe theof qualification requirementses p out and carried is auditors energy of Certificationaudits. personnel energy in involved of qualification low of problem a is there addition, In audits. issu the for organizations audit energy of responsibility the and audit requireme provide not does efficiency energy and saving energy of field the t neither and direction, new relatively a is Kazakhstan in audit energy the that compet unfair by marked is services audit energy of market the today of efficiency, field the in framework regulatory the of Kazakhstan in presence the Despite i Detailed provided in section 2 Keyof laws and regulations on RE/EE. efficiency". energy and ou saving carried energy "On is Law SER the of of subjects provisions the of enterprises the at audit energy Mandatory Energy audits orderthe of the Government Republicof the of Kazakhstan of 14, January 2016 No. 13 (See Sub-An exp or productions new operatingproductionscertainlegal performedonentitypriority is by of creation on project priority investment The - - out products. products. out up including assets, fixed of turnin are which capacities change production (renovation, operating the reconstruction, of modernization) in preferences investment providing for application size the times million operating and budget Republican five the on law the by than established indicator settlement less not of amount the in investments of entity providing productions operating the of updating (or) and expansion on preferences; investment providing for ofapplication date the on operating and budget on law the by established indicator settlement monthly the of size the times million – the Ministry of industry and infrastructure development infrastructure and industry of Ministry the res further improvement, the authorized body in body authorized the improvement, further res – Scoping Study Scoping intensity of the the of intensity types of activity which list is approved activityb types of whichlist ed conclusions on the results of energy of results the on conclusions ed pment of the Institute of self-regulation self-regulation Instituteofthe of pment y and energy saving was analyzed 525 analyzed was saving energy and y e ln f h nto "0 concrete "100 nation the of plan he by the authorized body in the field of field the in body authorized the by knowledge and competencies of the competenciesandofknowledge is o ofr te opine of compliance the confirm to dies oesoa cmoiin f experts of composition rofessional nin n (r udtn o the of updating (or) and ansion

- Final - erview, free of charge, therefore, charge, of free erview, nts for the quality of the energy the of quality the for nts rdingly, there are risks of failure of risks are there rdingly, frain n eilto was legislation on nformation he Law nor other legal acts in acts legal other nor Law he conclusions of the established the conclusions of ition. This is due to the fact the to due is This ition. ion procedure is carried out out carried is procedure ion

energy saving and energy and saving energy ot h criiain of certification the out y implementation by legal legal by implementation i acrac wt the with accordance in t tablished"OnLaw the by economyand improve nts and additionstoand nts of the monthly monthly the of on the date of of date the on the Republican Republican the nex nex ). dating dating g g y Page Page 142 142 ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB and objectives o goals, system set policies, management energy energy implement and an develop for can organization requirements the out sets 50001 ISO methods of achieving the goals. – r these managementrequirementsenergy systems, formulates for50001 and ISO national a managementEnergy introduced Systems. Requirements and guidelines for use". was Kazakhstan of Republic the in 2013 Jan 1 the standardof was published, abolished which and replaced the first edition. However management. energy of field the in standard innovative most the was stand using when management techniques. resource efficient more through savings and procurement from savings for account and monitor to need the cost any of element important an is control Management price. right the energy for projects engineering in invest to sense make not Does market. the such of completion After water. en as the for resources energy for tariffs the whether well check to necessary as (FER), resources energy and fuel enterprise's to is savings energy potential for areas identifying in step first The depends largely system management energy the management. If management is positive, significant can results be achieved. of success the that emphasized s energy possible of benefits the assess accurately more and enterprises other i energy the compare to possible it makes system managementenergy The needs. and purposes production for energy of use the as well as energy, of pro for required energy o control continuous the provides that tool management only a is management which in operation of mode a providing me standardized on based system management a is system management energy The enterprises is the thdevelopment and implementation of energy management system. improve thereby and consumption energy reduce to tools main the of One security, it is necessary to pay toattention activities in the field of energy saving and financialcompetitiveness, of growth the consequence, a as and, product re enterpriseby the sustainabledevelopment theensure of to order In Energy management systems industrial in sectors under ISO 50001 regulation of energy audit activities amandatoryon basis. propos is it Thus, organizations. self-regulatory over directly control contro to bodies state of refusal the by businessenvironment, the in ehia Cmite IOT 22 Eeg mngmn", hs ts ws h dvlpet o development Systems the management (energy was task whose Requirement - management"), systems management Energy 50001:2011 ISO standard international "Energy 242 (ISO/TC Committee technical c framew 160 than the more in unites which resources, (ISO), energy standardization for of organization management the of importance the Given ISOSTANDARD 50001:2011 h sadr dfns ht hud e oe bt os o dfn h define not does but done, be should what defines standard the – Requirements with guidance for use), which after approval June 15, 2011 15, June approval after which use), for guidance with Requirements – Scoping Study Scoping l all market participants, while exercising while participants, market all l heating, and for other non-production non-production other for and heating, terprise are competitive and relevant to relevant and competitive are terprise ducing the energy intensity of the gross the intensityof energy theducing establish the quantity and cost of the of cost and quantity the establish d o nrdc a ehns o self- of mechanism a introduce to ed engineering projects, there are often are there projects, engineering ver the distribution and consumption and distribution the ver w Te opn coss t own its chooses company The ow. utis n 08 a etbihd a established was 2008 in ountries tnad S R IO 50001-2012 ISO RK "ST standard stability, environmental and energy and environmental stability, reduction program. In addition to addition In program. reduction

- Final - r mntrn ad targeting and monitoring ard uto i cnue. Energy consumed. is duction saving if the energy is sold at sold is energy the if saving , in 2018, the second edition second the 2018, in , e efficiency of energy use in use energy of efficiency e aving projects. It should be should It projects. aving equirementsprescriptive are

te ai o wih the which of basis the n

ntensity of production withproduction of ntensity energy efficiency. r o te International the of ork s with guidance for use" for guidance with s asurements and checks, and asurements n h psto of position the on eeo ato plans action develop nlss i is it analysis, f the the f

Page Page 143 143 ANNEXES and includes energy management in the daily activities of the company, as shown in followin ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Figure continuousimproveme concept of the on based internationalstandardis This system ISO 9001 and environmental management system ISO 14001. The standardacts. for type will any be oforganization basic, the with along standards of in management, taking energy of field the in plans action and objectives implement and development the for requirements includes standard 50001 ISO use. to relating information and requirements, legislative account into taking PDCA cycle: . . .

35 execution: implementation/implementation processes;of energy production and organizational policies; planning: setting goals and processes needed achieveto results according to the capaci operations and reporting results; policies, objectives, legal obligations and (if desired) key characteristics of the organi verification: monitoring and evaluation of processes and products in terms o Concept of continuous improvement of Plan- improvement continuous of Concept Analysis from Internal Internal audit management preventive actions Energy saving and energy efficiency Corrective and Implementatio Planning Check policy – Do Scoping Study Scoping -Check-Act (PDCA) (PDCA) -Check-Act aspects related to significant energy significant to related aspects to account legislative and regulatoryand legislative account to

- Final - Monitoring and nt of Plan- of nt ation of energy policy, goals, policy, energy of ation

f their compliance with Do quality management -Check-Act (PDCA)-Check-Act g figure. figure. g zation's ty toty improve

Page Page 144 144 ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB when: measuring of (calibration)verification primary of results the of Recognition metrological organizations". me of (calibration)verification primary of results the of recognition standard state the with accordance in firms out carried is instruments measuring foreign of units measuring other or of laboratories (calibration) services, verification metrological primary of results the of Recognition Primary verification of measuring instruments Equipment energy performance labelling and standards man energy the received the appropriate certificates. implemented have enterprises largest the period, this During 2015. d T 50001. to ISO standardinternational the with accordance in system management obliged were enterprises industrial - SER of subjects the 10, article th today, countries, foreign ener and saving energy "On Law the of adoption the otherwith But, voluntary. in as Kazakhstan, of Republic the In ofStages development and implementation energyof management system: serviceand industries. publ small, and large organizations: of types all to applicable is standard The inc be also will system management attractiveness the of company. energy the implementing of advantages activit strat the of a component environmental of the improve development and costs, the reduce to efficiency, contributes standard 50001 ISO the Thus, . . . 6. 5. 4. 3. 2. 1.

Stage 1. Diagnostics of the current management system. system. management current ofthe 1. Diagnostics Stage bec i te ainl eilto o te onr wih umte rcgiin f res of recognition submitted which country the instruments. of measuring of (calibration) verification legislation national the works in (calibration) verification absence out carrying for country exporting the of service nation of body by accredited or authorized is firm foreign of service metrological the Kazakhstan; of Republic the of measurements of unity the s state the of register the in entered and approved instrument measuring of type production. energy improve continuously to action action: Stage 6. Certification. 6. Certification. Stage certification. for readiness of verification 5. internal Comprehensive Stage system Customer. the of management energy the of auditors internal of 4. Training Stage management energy the of system. development/refinement the in assistance Methodological 3. Stage group. working the of 2. Training Stage – Scoping Study Scoping asuring instruments carried out by foreig by out carried instruments asuring nae i vrfcto (airto) of (calibration) verification in engaged gy efficiency" in 2012, according to according 2012,inefficiency" gy instruments is carried out in cases in out carried is instruments

vlp n ipeet n energy an implement and evelop eeg mngmn sse is system management energy e ST RK 2.40-2002 "Procedure for "Procedure 2.40-2002 RK ST - Final - g ta wl ipoe energy improve will that egy ic and private, manufacturing private, and ic ntuet crid u by out carried instruments his rule existed until Januaryuntil existed rule his

. n o te significant the of One y. esn te investment the reasing gmn sse and system agement ystem of ensuring ensuring of ystem , and in case of of case in and , al metrological metrological al ults of of ults n Page Page 14

5 ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB The objectives environmental of labeling are: acc in Environmental code. out carried is Kazakhstan of Republic the in labeling Environmental Eco-labelling the period validityof of the certificate approvalof theirof type. measur applicant's the of (calibration) verification initial the of results The broughtto the attention of the applicant. of Republic the of measurements of unity the ensuring of system state en is company foreign a of service metrological the decision, positive a of case In service/calibration verification (calibration) calibration measuringof instruments. Metrology inspection of certificate a issued s metrological of competence technical the of verification the of results The authorized body a set of established documents. instruments, measuring of stat the (calibration)to submit shall applicant the 2.40-2002, RK ST of requirements verification primary the recognize To au the approval, recognition theof results of primary verification in type the production of measur and results test the of recognition of case ou carried is instruments" measuring of calibration and verification tests, accreditat of results the as well as instruments, measuring of calibration and typ and tests state of results the of recognition mutual on the in made (calibration)verification primary of results the of Recognition tnad o evrnetly redy rdcs fr ad ehia requ technical Lawthe theof Republic Kazakhstan of "On technical regulation". and form products,or non-profit a by established are products friendly environmentally friendly environmentally of Standards regulation. Kazakhst of Republic the of legislation the by prescribed manner the in industry a by out carried is products of labeling Environmental compliance. of o mark product eco-friendly an with products their mark Manufacturers the process production of and applied technologies. o object The resources. biological and health public environment, the on effect w of production the product, the is labelingenvironmental of object The 1) 4) 3) 2) 6) 5)

protection protection of consumers to from dangerous are the that purchase products of (use) introduction of environmentally friendly technological processes, equipment and productio and equipment processes, technological friendly environmentally of introduction ensuring environmental safety of equipment, processes, production and products; products; and processes, production equipment, safety of environmental ensuring products; products; (r disposal and use production, the in pollution environmental of prevention promotion of exports and competitiveness of domestic products. products. domestic of competitiveness and exports of promotion prevention of import of environmentally hazardous products and technologies; technologies; and products hazardous environmentally of import of prevention e approval, metrological certification, verification certification, metrological approval, e – Scoping Study Scoping hrzd tt bd sal eie n the on decide shall body state thorized ganization accredited in accordance with accordance in accredited ganization non-profit organization in the relevant the in organization non-profit n a voluntary basis after confirmation after basis voluntary a n e scientific metrological center of the of center metrological scientific e hich is the least harmful or beneficial or harmful least the is hich Kazakhstan and this information is information this and Kazakhstan member States of the "Agreementthe of States member t in the prescribed manner. In the In manner. prescribed the in t ing instruments are recognized for recognized are instruments ing

ing instruments.ing - Final - ervices of foreign companies are companies foreign of ervices rac wt atce 2 f the of 32 article with ordance aoaoy o efr primary perform to laboratory ion of laboratories performing laboratories of ion f ecological marking includes marking ecological f rmns o te in of sign the for irements

tered in the Register of the of Register the in tered an in the field of technical of field the in an n codne ih the with accordance in ecycling) of all types of of types all of ecycling) the environment; environment; the n; n; Page Page 146 146 ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB transport in the field of energy efficiency were adopted: requirem the regulating sub-laws particular, In adopted. were area numb a efficiency", energy and saving energy "On Law the of force into entry the After Standards and labelling of the equipment and transport These Requirements apply to three-phase general purpose motors: electrical equipment: techn of group following pro the to apply requirements established The technological of efficiency energy for equipment, including electric equipment requirements of establishment About shouldwhich not exceed the following indicators: for resourcesenergy of consumption the is productioncement of efficiency metho wet and dry by cement of production the to apply Requirements These sources light the of life service manufacturer and confirmed by report the test in the laboratory.test The device. control built-in a with sources facto power the of values permissible minimum the establish Requirements These w equipped engines converters.all for set values the least at kW 375 to 0.75 of capacity important are which values, efficiency the by required are motors electric The

1) dry 1) dry method 2) wet method2) wet - 130 kWh/tons. 1) . . . . 2) 3) 1. 3. 2.

including electrical equipment; equipment; electrical including equ processes, technological of efficiency energy for requirements of establishment the On n h etbihet f nry fiiny eurmns o bidn mtras produ materials, building for requirements efficiency structures; energy of establishment the On On the establishment of requirements for energy efficiency of transport. transport. of efficiency energy for requirements of establishment the On o oeaig oe 1 cniuu md) r 3 itritn md) ih nmnl s nominal a with mode) (intermittent higher. 80% of or duration S3 or mode) (continuous S1 mode operating for 1000 to Volts; up - voltage 60 50 Hz, rated frequency rated 2, poles 4, 6; of number the with operation; continuous for 0.75 375designed kW to inclusive, from capacity electric motors: motors: electric cement production: production: cement source: light – 120 kWh/tons; – Scoping Study Scoping ological processes, equipment, including equipment, processes, ological ents for certain types of equipment and equipment of types certain for ents the production of tons of cement, of tons of production the

- Final - ds. An indicator of the energy the of indicator An ds. for all engines with a rated a with engines all for hl b a dcae b the by declared as be shall

ith frequency speed control speed frequency ith

r of lamps with led light led with lamps of r er of sub-laws in this in sub-laws of er witching witching cts and and cts cesses, ipment, ipment, Page Page 147 147 ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB pro materials,elements buildingof envelope: building of group following the to apply Requirements These changing the comfortable conditions of people's stay. res energy of consumption efficient ensure structures and products an social public, residential, of operation and reconstruction overhaul, struc and products materials, building to applicable are Requirements These structures mate building for requirements efficiency energy of establishment the On overhaul, reconstruction and operation theof followingst buildings and products materials, construction to apply not do requirements The n poue atr h itouto o tee eurmns Tran requirements. these of requirements. Transport energy efficiency is defined as: introduction the after produced and andinland urbanroad, waterway,sea, rail, air requirementstoThese apply Onthe establishment requirementsof for energy efficiency transport of and and transformers during the express energy audit" have already been developed and app ener the of analysis the for "Guidelines project, this of framework the Within energy efficiency standards will (HEPS) a on voluntary basis. project The world. the around savings large-scale obtaining in accu continuously which (MEPS), hou standards efficiency energy minimum of implementation of impact associated the and t of focus main The level.globalthe environmentat theKazakhstan on of equipment coal, by produced electricity of consumption and saving energy potentialof the realize to is projectthe of objective main The Kazakhstan of Kazakhstan". Government the of project "Standards, certification and labeling energy of efficiency of electrical household appliances the and implementing currently is Kazakhstan EE in in EE % = 100 /(specific fuel consumption in kg/kWh * calorific value of fuel (specific heat combustion of 1) 2) 3) 4) 5) 6) . . .

buildings, structures, structures that are classified as objects of historical and cultural h cultural and historical of classified as objects are that structures structures, buildings, two years; years; two wh of life service the rooms, utility purposes, economic for buildings temporary detached buildings, structures, structures with a total area of less than fifty square meters; meters; square fifty less of area than atotal with structures structures, buildings, detached religious buildings and structures; structures; and buildings religious detached non-heated buildings, structures and structures; structures; and structures buildings, non-heated detached individual houses, and also the structures which are on country and garden sites. sites. garden and country on are which structures the also houses, and individual thermal insulation materials and products. products. and materials insulation thermal lanterns; and doors balcony construction; window kWh/kg). – Scoping Study Scoping ources in buildings and structures without structures and buildings in ources and structures used in the construction, the in used structures and lo upr te nrdcin f high of introduction the support also pr i sbet o nry efficiency energy to subject is sport d special buildings. Building materials, Building buildings. special d ructures:

- Final - railimported transport(imported) tures used in the construction, the in used tures gy efficiency of electric motors electric of efficiency gy ut ad tutrs ht are that structures and ducts energy efficiency, reduce the reduce efficiency, energy

he project will be on the on be project will he eod placs and appliances sehold rials, products and products rials, roved. roved. ich is not more than than more not is ich mulates experience mulates n UNDP-GEF and eritage; eritage; equipment in ) in Page Page 148 148 ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB governin regulations and structures sub-laws and structures in the field efficiency energy of were adopted: particular, In adopted. were area numb a efficiency", energy and saving energy "On Law the of force into entry the After Residential/Commercial building energy performance certification building, structure, structure and their design documentation include: reconstr construction, the in commissioned irratthe meet must which resources, energy eliminate to technologies documentation project the in included engineering structures, structures, buildings, in used Requirements shall constructions efficiency of the building, structure, construction "A", "B" or "C". structures, buildings, existing o of construction reconstruction) of documentation estimate) and (design design The and their elements that are part of enclosing structures buildings of efficiency energy for requirements of establishment the On 1) 2) 3) 4) 1) 2) 3) 4) 5) 6) 7)

their elements that are part of the enclosing structures; structures; enclosing the of part are elements that their structur buildings, of efficiency energy for requirements of establishment the On n prvl f ue fr eemnto ad eiin f nry fiiny lse o buildin of classes efficiency energy of revision and structures; structures, determination for Rules of approval On On approval of the form of marking of buildings, structures, energy efficiency structures; structures; efficiency energy structures, buildings, of marking of form the of approval On On approval of requirements for energy saving and energy efficiency improvement to the the to structures. structures, buildings, of documentation estimate) and (design improvement efficiency energy and saving energy for requirements of approval On equipment with automatic thermostatic valves on heating devices of heating systems; systems; heating devices of heating valves on thermostatic automatic with equipment temperature control device installed at the entrance to the building or parts parts or aut building an the with to supply entrance structure; structure, the water at hot installed for device water control heating temperature for exchangers heat with equipment systems, hot and cold water supply, air conditioning systems using private controlled drives. drives. controlled systems private using conditioning air supply, water cold systems, and hot hou in movement water systems, ventilation of fans for motors electric with equipment building, in apartments with horizontal (apartment) heating wiring; wiring; heating (apartment) horizontal with apartments in building, entr the at installed resources water and energy for devices metering with equipment heat the supply or hot water for household needs, the use of recycling); use recycling); needs, of the household for water hot or supply the heat r heat demand, on air outdoor of supply the providing automatically walls, val systems(air ventilation of operation the optimize that devices with equipment the building, structure, construction; construction; structure, building, the syst supply water hot and cold in regulators pressure water with equipment basis of data transmitted by metering devices; devices; metering by transmitted data basis of con automatic including systems, heating in devices control temperature with equipment – Scoping Study Scoping ytm, ehooia eupet and equipment technological systems, nw r xaso (aia repairs, (capital expansion or new f orsod o h cas f energy of class the to correspond oa (nesnbe epniue of expenditure (unreasonable) ional te eurmns o buildings, for requirements the g

- Final -

uction and overhaul of the of overhaul and uction , structures, structuresstructures, , ems at the entrance to to entrance the at ems ecovery exhaust air to to air exhaust ecovery er of sub-laws in this in sub-laws of er ves in Windows or or Windows in ves es, structures and and structures es, of the building, building, the of ance to the the to ance trol on the the on trol se heating heating se omatic omatic design design gs, Page Page 149 149 ANNEXES The energy efficiency class is determined in accordance with followingthe indicators: containing information about the class energy of efficiency of buildings, structu results the to According audit. energy for organization audit energy The owner theof existing building, structure, facilities to determine effi their energy classes of revision and buildings, definition structures, constructions of Rules of approval the About ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB the design During and operation of reconstructednew buildings and № 5 5 4 the operation existing During of buildings 3 2 1

a classa of Designation E D C- C C+ B B+ А А+ А++ 8) 9) 14) 13) 12) 11) 10)

qimn wt dvcs o atmtc euto o ar eprtr (y iiig r comp period; heating or limiting (by during temperature buildings public of premises air the in supply) heat of the stopping reduction automatic for devices with equipment the equipment stops opening Windows (for apartment buildings buildings apartment (for Windows stops opening equipment the doors; rotating or energy, min the providing groups entrance the of vestibules the in door second the areas); public in doors all - for buildings apartment (in closers door with equipment motors; electric of operation the devices during compensation power reactive with equipment sensors, switches); places (motion th in lighting of off switching providing equipment the of installation areas; public devices in lighting energy-saving with equipment High Very high efficiency class energy of Name Low Lowered Normal

from -15 to- from -30 to- from -40 to- from -50 to- from lower- standard, the % bui the of ventilation and heating for indicator efficiency th of value (actual) calculated the of deviation the of Value more +50 more +15,1 +50 to from +15 to +5 from +5 to from -5 to from 60

– – 15 5 30 40 50 60

– Scoping Study Scoping of the energy audit issued a conclusion a issued audit energy the of –

in the common areas). areas). common the in - Final - non-working hours during the the during hours non-working res, structures. res, structures. e absence of people in public public in people of absence e

f nry fiiny of efficiency energy of

ciency classes to refers the imum losses of thermal thermal of losses imum lding from lding e energy energy e letely letely Page Page 150

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB efficiency structures, buildings, of labelling of form the of approval the About efficiencyEnergy class is specified in the technical data sheet theof building, structure, c for heatingfor and ventilation of the frombuilding the standar efficiency energy the of value actual the of deviation of Value ADDRESSOF THE OBJECT LABELLINGOF BUILDINGS,STRUCTURES, CONSTRUCTIONS ON ENERG O OBJECT TOTAL AREA, m TYPE,FLOORS YEAROF CONSTRUCTION VOLUMEOF THE OBJECT, m By whomBy Mar dated Kazakhstan of Republic the of de and investment for Minister the of Order the to according andventilation of residential and public buildings heathefor consumpenergyheat of valuespecific(basic) Standard hea for consumption energy ventilationof residential and public buildings, heat W/(m of value specific Actual Standardheat consumption of the object, kWh/m heatActual consumptionof object,the kWh/m Minimumeffective Maximumeffective ENERGYEFFICIENCY CLASS C)

2

3

ch 31, 2015 № 406, W/(m 406, № 2015 31, ch 2

2

3

O C)

tion for heating for tion

d, d, % tingperiod, velopment indicator ig and ting – Scoping Study Scoping 3

Design ENERGYEFFICIENCY CLASS Assigned

Y Y EFFICIENCY

- Final - constructions on energy on constructions

Fact

onstruction. onstruction. Page Page 151

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB structures, structures: do estimate) and (design design of development the to apply Requirements These design(design and estimate) documentation of buildings, structures, con requirementsthe approval About of andsaving energy forincrease efficiency energy s By groups, retail consumers are divided into: andtime volume of consumption. reg the on depending vary tariffs complex: is Kazakhstan in tariffs retail of system The Regulationand Structure tariffsof h scin n nry aig n eeg efcec o te rjc (ein and (design project the of contains: efficiency energy and saving energy on section The maintained price regulation in "socially significant" markets (including retail electricity s in possible a of result a as unrest social prevent to order in But markets regulated some in regulation price state of 2017 1, January from eco the of sectors all in pricing market to transition further the on regulato main the is branches) executio the of consumers.groups part Asof retailtariffsby approving regional its (and (CRNMPC) Economy National C of Protection and Monopolies Natural of Regulation for Committee The Dateof issue 1) . . . . . 1) 2) 2) 3) 4)

tutrs ih h aon o eeg cnupin qiaet o ie ude o hundred five to year; calendar one in fuel conventional equivalent consumption energy of amount the with structures bu existing of reconstruction) (overhaul, expansion or new of construction the for population; population; standards. standards. the replacing standards), (special conditions technical special under developed standards for the construction facilities of that are not st existing presence of provided the with the budget of the organization; organization; the of budget the industrial consumers with a connected capacity of 750 kVA and above; 750 above; of kVA and capacity aconnected with consumers industrial other legal entities with connected capacity up to 750 kVA. 750 kVA. to up capacity connected with entities legal other consumption. energy regarding indicators economic and technical norms construction of requirements with decisions design of compliance on comparison efficiency; energy and saving energy at aimed solutions design on information structures; structures, class buildings, efficiency of energy construction; structure, building, the of passport energy construction; structure, building, designed ofthe characteristics energy General – Scoping Study Scoping crease in end-user prices, the government has has government the prices, end-user in crease

nomy, one of the directions is the abolition the is directions the of one nomy, n of the order of the first Head of state Headof first theorderof the of n (for example, electricity and heat) and electricity example, (for

- Final - ompetition under the Ministry of Ministry the under ompetition

cumentation of buildings, of cumentation structions structions siae documentation estimate) y oy epnil for responsible body ry ales until 2020). ales 2020). until ion, consumer group, consumer ion, ildings, structures, structures, ildings, ate or interstate interstate or ate r more tons of of tons more r hown tohown and their their and missing missing . Page Page 152

ANNEXES RMC oios h cmlac o priiat o woeae n ret and natural monopolies, which are part in heat and electricity include: wholesale of participants violations.anyCRNMPC legislation Antimonopolysanctions ofandfor applies compliance the monitors CRNMPC sector 2030",until published indevelopment 2014. of "Concept the by primarily guided economy, overall the of context electr the of development the for vision state the implement to is energy electricity". of "On Ministry Law the in listed are competencies 70 almost whose Kazakhstan, sectoelectricitythe in policy state implementation of the for Responsibility ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB (KEGOC), the fee administratorto the of wholesale centralized trade (KOREA) and the sales allowa th for fee the (KEGOC), balancing for fee the (KEGOC), dispatching for fee the c the organizations)), transmission(energy EPO and companies) grid (dis transmission for services of cost averageweighted the electricity, of th includes VAT) (excluding consumers retail of tariff the of structure The energy. to lead not may consumer the of efficiency the in increase individual any th than rather area), heated the of m sq. (per space occupied the of size the populat (the consumers for tariffs heating However,meter. heat a installed those for lower 20% are energy thermal for tariffs in 2012, Since impossible. the technically where buildings in live who those and energy, thermal energy of thermal for tariffs The popul thefurther breakdown of a etc.),with (population,budget, allocation. cost of methodology the establi be shall energy thermal and electricity of production combined for CHP Rate sector alsoare spelled inout the Law of the Republic of Kazakhstan "On electricity". naturalmonoon law the by monopoliesregulated arenatural and are distri transmission, production, The producers. energy thermal of networks heating their to eitherconnected consumers and companiessupply power for contract a under sold is energy Thermal industry. and consumers commer are: energy thermal of consumers largest The production. heat plants power Thermal plants. heating and (CHP) energy thermal and plantselectricity power thermal mainly are Kazakhstan in energy thermal of Producers Thermal energy tariffs distribution, the for electric and thermal energy. tariffs as well as energy, thermal and electric for users) end tariff the determines CRNMPC energy, of Ministry the of person the in state wholesale the at producers electricity for regulation price While . . . .

Balancing electricity production and consumption. consumption. and production electricity Balancing consumption; electricity and grid the to supply of dispatching Technical heat; of supply or and/ distribution transmission, Production, electricity; of distribution and/or Transmission – Scoping Study Scoping ation into those who have or no of countersof no or have who intothose ation level (marginal tariffs) is established by the by established is tariffs) (marginal level tlain f ees f hra eeg is energy thermal of meters of stallation ost of services for transmission (KEGOC),transmission for services of ost the supply of thermal energy between between energy thermal of supply the polies. Some aspects of the heat powerheat aspectsthe Some polies. of tribution) of electricity (REC (regional (REC electricity of tribution) cial and municipal sector; household sector; municipal and cial e weighted average wholesale price wholesale average weighted e ifrnit b cnue groups consumer by differentiate r lies with the Ministry of energy ofenergy Ministryof the with lies r networks or directly to the heatingthe to directly or networks a reduction in the cost of thermal of cost the in reduction a bution and sale of thermal energy thermal of sale and bution ion) are calculated on the basis of basis the on calculated are ion)

- Final - also sets the tariffs for servicesof for tariffs the alsosets policy in the retail market (for market retail the in policy e actual heat consumption, so consumption, heat actual e i eetiiy akt f the of market electricity ail account for 64% of the total the of 64% for account the combined production of of production combined the e provision of system services system of provision e

transmission and sale of sale and transmission shed in accordance with accordance in shed of the fuel and energy and fuel the of ic power sector in the in sector power ic h mi ts o the of task main The consumers who have who consumers nc e.

Page Page 153

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Aktobe region region Akmola Table app andinvestments for modernization. formed is energy act thermal not does approach this profit, + depreciation for + costs of mechanism tariff The energy. thermal for tariffs corresp the monopolies"and natural "On Kazakhstan of Republic the of Law throu energy thermal of transfer the in engaged organizations for tariff b shall energy thermal of supply and production for Tariffs GCal. 1 of supply Currently, heat supply companies set based tariffs the volumeon heat of per 1m2 for the po thermalof capacities coverto load.the and losses to due costs significant bear sources and networks heat while centralizedfrom heat supply systems. the As aresult, payment for the consumption of heat of reliability improvingthe purposeof thefor networks heat own their consumerswith heat large of number a enterprises. Thus, for fo payment of absence of problem a also is there supply, heat for tariffs Regarding 59 region Mangystau Kyzylorda region region Kostanai region Karaganda region West-Kazakhstan Zhambyl region region East-Kazakhstan Atyrau region Almaty region Almaty According to the Committee the regulation to According on MNE of competition of natural monopolies protection RK and 21

Region Region Ta riffs for thermal energy, 2019 energy, for thermal riffs without VAT VAT without KZT/m2, KZT/m2, Tariffs, Tariffs,

137,96 129,85 139,19 146,31 115,39 172,97 63,97 85,98 95,72 96,12 86,83 96,90

59

with meter meter with 1 681,21 2130,17 1886,37 4122,10 4708,92 4318,95 3126,24 2236,30 2453,77 - - - - population population

heat supply, but practically do not consumeheat not dopracticallysupply, but heat – Scoping Study Scoping Tariffs, KZT/Gcal without VAT VAT without KZT/Gcal Tariffs, 6 762,35 3 658,65 without without 2870,84 3410,06 4747,02 6118,16 3018,12 5799,45 5890,31 5189,98 1803,61 4907,52 meter meter heat supply sources are connected toconnected sourcesare supply heat gh heat networks is regulated by the the by regulated is networks heat gh ually take into account the necessary the account into take ually the need to maintain the readiness the maintain to need the

- Final -

onding methodology for setting for methodology onding e approved by CRNMPC. The CRNMPC. by approved e oe b CNP o the on CRNMPC by roved

with meter meter with

13680,80 11109,73 r connected heat capacity heat connected r 3165,97 2623,94 7935,85 5010,30 4987,90 4542,48 4034,46 other consumers consumers other - - - -

energy is minimal, energy

pulation and heat

10089,60 15970,62 18444,79 6 762,35 without without 5967,72 4286,57 9355,58 6543,18 8952,94 8344,20 6207,37 8068,92 meter meter

Page Page 154

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Almaty region Almaty Aktobe region region Akmola Table Shymkent region Turkestan region North-Kazakhstan region Pavlodar (Astana) Nur-Sultan 60 (Astana) Nur-Sultan region Mangystau Kyzylorda region region Kostanai region Karaganda region West-Kazakhstan Zhambyl region region East-Kazakhstan Atyrau region According to the Committee the regulation to According on MNE of competition of natural monopolies protection RK and 22 Tariffs for thermal energy, 2014 energy, for thermal Tariffs Region Region without VAT VAT without KZT/m2, KZT/m2, Tariffs, Tariffs, 130,03 127,96

130,04 220,93 100,79 80,79 43,97 75,98 75,72 95,42 70,14 71,83 98,36 68,90 62,04 80,79 98,91 96,63

60

with meter meter with 1855,28 1877,16 3891,80 1855,28 1 299,71 2674,52 4078,66 2987,46 2264,65 212,24 ------population population

– Scoping Study Scoping Tariffs, KZT/Gcal without VAT VAT without KZT/Gcal Tariffs, without without 2513,08 1799,00 2638,34 3998,47 2498,98 3118,16 2669,91 2388,76 4098,26 5099,38 2389,98 1803,61 2513,08 2 993,80 5261,02 6076,40 6844,17 2725,95 meter meter

- Final -

with meter meter with

10 996,41 10899,97 2445,36 4776,15 3891,80 3087,90 2445,36 9550,13 4987,36 3521,11 other consumers consumers other ------

10 996,41 10970,62 12827,97 20875,91 17244,72 10457,46 without without 3873,59 2085,70 2948,10 6615,74 5334,17 3355,58 4098,84 6374,22 6797,20 2399,26 3873,59 5370,48 meter meter

Page Page 155

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB fuel a coa regions, Northern s the in heatproduction of the the processtechnologicalin production. The In 60%. about is which of cost the energy, thermal t the on depends energy thermal for tariff the that noted be should produthe for requiredcosts the depends on tariff heat of level The Shymkent region South-Kazakhstan region North-Kazakhstan region Pavlodar tariffs increased by 1,6% in Kyzylorda region. This is due to the increase in increase the to due is This region. Kyzylorda in 1,6% by increased tariffs t factors.Inmany enterpriseand other the balancesheet theof assetson of le the provided, services of volume the by affected is tariff supply heat of level associateddifferwhichsignififuel,is Republic ofthe withuse different types of In the electricityIn the market there entities, each are of which is responsible for p its differentiated tariffs for zones the of day for all categories of consumers. Kazakhstan of Republic the of 11, acts legislative July some to On additions and 2018. amendments 1, March until meters) of presence (mandatory entities legal and us rational hous consumers: retail more all to available was day to of time the on order depending in consumers household for saving p as 2009, in introduced was consumption of terms in tariffs of Differentiation In introduced for region. consumers,all depending on the level electricityof consumption. by vary rates Electricity tenders. of results the on e from directly electricity of purchase the for contracts into enter can of market the of operator the by conducted are Trades market. retail the in bu market, the by marginalelectricity tariffs.95%theAbout of produced is purchasedinwholes the determined is plants power in produced electricity of cost The Electric energy tariffs high degree of wear and tear. In this regard, investments are needed. heat the date, To provided. services of quality the improve to done all tear and wear of elimination assets, fixed of overhaul at aimed are that programs for provides it time, same the At Kazakhstan. of Republic the of Government the t contribution total the account into taking 2015, since approved within 2015 since place taking been has supply heat for tariffs in change The limit level of tariffs of natural monopolies. happ This 2,7%. by increased tariff the Shymkent, In tariffs. of level the of revision meteri with population the for rate growth the region, Mangystau - - – fuel oil and natural gas. Thus, the existing difference in prices for heat for prices in difference existing the Thus, gas. natural and oil fuel station (HPP, TPP, CHP) produce electricity; electricity; CHP) TPP, produce (HPP, station 206,93 77,63 77,63 78,05

2078,66 2078,66 936,79 - -

– Scoping Study Scoping ah ein dfeetae trfs ae been have tariffs differentiated region, each o inflation, which is annually approved by approved annually is which inflation, o ction, transportation and supply of heat. It heat. of supply and transportation ction, ng devices was 26,5%. This is due to the to due is This 26,5%. was devices ng o eetiiy Dfeetain f tariffs of Differentiation electricity. of e 4172,08 4172,08 2593,50 1917,55 nergy-producing organizations or based or organizations nergy-producing ype of fuel used for the production of production the for used fuel of ype of power plants is characterized by a by characterized is plants power of outhern regions is designed for use asuse for designedouthern regionsis eholds (in the presence of meters) of presence the (in eholds

- Final - he heating season of 2018-2019, of season heating he JSC "KOREM". Large consumers Large "KOREM". JSC art of art of the work: ngth of networks, the number the networks, of ngth cantlyinaddition, price.In the the cost of fuel of cost the art of the initiative on energy on initiative the of art the limits of the tariff limits tariff the of limits the

the approval of investment of approval the ale electricity market,ale 5%is l is the main fuel for heat for fuel main the is l

, reduction of wear. This is This wear. of reduction , 4899,987 4899,987 2340,49 ened within the approved the within ened ing in the regions of the of regions the in ing my o ece these exceed not may t on electricity" abolished electricity" on - - 07 te a "On Law the 2017,

– gas. In the In gas. 11674,97 11674,97 3691,67 3491,45

Page Page 156

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB * Table 61 Aktobe region region Akmola Region thethat corresponding increase is justified. rais can monopoly Regu natural of subject onthe Competition, of Protection Committee the - body regulatory the with agreement prior By distribution energy company, asas well coststhe of the energy supply organization. networks, KEGOC on balancing and transmission for services purchased, is t of consumersincludestariffelectricityallthe forfor tariff the Thus, emerging explaining consumers, with charges, readings meteringof devices. works bills, of delivery the ensures int them enters readings, takes consumer, each supplier,th each with contracts in participants all for link a also but market, retail the in organ supply energy The consumer. the and station the between for organization supply power the to directly costs are there addition, In servicethe to maintain the readiness of electric power", the marginal tariffs for electricity are set. balancingfor marginal tariff the energy, electric for tariff marginal the of 2015 27, February dated Kazakhstan of Republic the of energy wi accordance In state. the by regulated is electricity of cost production The them

oey iig esoes dsbe pol, atcpns o participants people, disabled pensioners, living Lonely According to the Committee the MNE regulation of to competition According on monopolies protection RK and of natural - - -

23 Tariffs for electric energy, with differentiation by level of colevel by withdifferentiation for electricenergy, Tariffs then it is transported through the networks of regional energy companies. companies. energy regional of networks the through is transported it then substations; step-down the electr the JSC, "KEGOC" company state the to belonging networks high-voltage the on up to 90 up 90 to 13,14 140*) (up to 100 up to stove electric with VAT without KZT/kWh, Tariffs, from 0 to ___ kWh to ___kWh 0 from

Level 1 Level stove stove electric without up to 70 up 70 to -

up to 17,06 190 up to stove electric with from level 1 level from

Level 2 Level kWh kWh te ra Ptitc a ad esn eutd to equated persons and war Patriotic great the f up to 120 up 120 to - stove electric without – Scoping Study Scoping e energy market. It is the ESP that concludes that ESP the is It market. energy e № до ization (ESO) is not just a seller of electricity of seller a just not is (ESO) ization 147 "On approval of the Rules of approval of Rules the of approval "On 147 ___ he producer station from which electricity which producerfrom station he e its tariff for all its consumers, provided consumers, its all for tariff its e the organization of the sale process sale the of organization the electricity and the marginal tariff fortariff marginal theand electricity ain f aua Mnple and Monopolies Natural of lation

above 21,32 190 above stove electric with - Final - above ____ kWh kWh ____ above nsumption, 2019 nsumption, o the database, makes charges, makes database, the o services for transmission to the to transmission for services th the Order of the Minister of Minister the of Order the th

sus sle polm wit problems solves issues,

Level 3 Level

above 120 above 120 - stove electric without

61 icity reaches reaches icity

16,36 21,44 entities Juridical Juridical

h Page Page 157

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB region West-Kazakhstan Zhambyl region region East-Kazakhstan Atyrau region Almaty region Almaty Kyzylorda region Kyzylorda region region Kostanai region Karaganda 8,75 15,02 100*) (up to up 90 to 13,60 140*) to (up 130 up to 13,34 100 up to 8,75 170*) (up to up 90 to 11,91 100 up to 8,77 120*) (up to up 90 to 4,09 110 up to 14,76 115 up to 12,95 up 80 to

8,83 13,97 up 80 to 8,78 120*) (up to up 70 to 11,64 up 80 to 8,77 120) to up 3,90 up 90 to 14,76 up 90 to 12,95 up 70 to 15,02 (up to up 70 to 14,11 110*) (up to up 100 to to 85 (up 85 to

100*)

11,66 170 up to 5,22 190 up to 19,08 190 up to 15,72 150 up to 11,20 140 18,29 170 up to 17,46 140*) (above 190 up to 16,76 180 up to 11,16 190*) to (up 140 up to 14,86 180 up to

11,66 up 165 to 5,22 up 170 to 19,08 up 160 to 15,72 up 130 to 11,20 18,29 up 150 to 17,46 (above 110*) up 150 to 16,76 up 160 to 11,16 140*) (up to up 120 to 14,86 up 150 to – Scoping Study Scoping

14,58 170 above 6,53 190 above 23,85 190 above 19,65 150 above 14,00 140 22,86 170 above 21,82 190 above 20,96 180 above 13,95 190*) (above 140 above 18,58 180 above - Final -

14,58 above 165 6,53 above 170 23,85 above 160 19,65 above 130 14,00 22,86 above 150 21,82 above 150 20,96 above 13,95 140*) (above above 120 18,58 above 150

160

12,94 17,10 15,90 20,15 16,73 17,58 18,40 18,48 18,48

Page Page 158

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB region Turkestan region North-Kazakhstan region Pavlodar (Astana) Nur-Sultan region Mangystau 62 Region Table Shymkent According to the Committee the regulation to According on MNE of competition of natural monopolies protection RK and 24 Tariffs for electric energy, with differentiation by level of colevel by withdifferentiation for electricenergy, Tariffs

12,05 110 up to 10,76 110 up to 11,00 up 90 to 8,75 130*) (up to 110 up to 7,75 up 90 to 2,29 up 90 to with electric electric with

from 0 to ___ kWh to ___kWh 0 from 13,50 up 70 to 12,05 up 70 to 11,00 up 70 to 8,87 110*) (up to up 90 to 8,10 up 70 to 2,29 up 70 to Level 1 Level

without without 11,35 180 up to 12,40 180 up to 5,45 180 up to 17,58 170 up to 15,70 170 up to 13,20 up 70 to

Tariffs, KZT/kWh, without VAT VAT without KZT/kWh, Tariffs,

with electric electric with from level 1 to1 ___ level from 11,35 up 150 to 12,40 up 140 to 5,45 up 150 to 17,58 up 15,70 up 140 to 13,20 up 170 to – Scoping Study Scoping to 140 140 to

Level 2 Level without without

14,19 180 above 15,50 180 above 6,90 180 above 21,97 170 above 19,62 170 above 16,50 170 above - Final - nsumption, 2014 nsumption, кВтч

14,19 above 150 15,50 above 140 6,90 above 150 21,97 above 140 19,62 above 140 16,50 above 170 with with

from 0 to ___ kWh to ___kWh 0 from

62 Level 3 Level

15,14 14,54 21,02 22,61 22,61 16,32 without without

Page Page 159

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Zhambyl region region East-Kazakhstan Atyrau region Almaty region Almaty Aktobe region region Akmola Kyzylorda region Kyzylorda region region Kostanai region Karaganda region West-Kazakhstan 11,65 140*) (up to up 100 to stove 11,03 100*) (up to up 90 to 13,37 140*) to (up 130 to up 6,89 up 100 to 6,89 170*) to (up 90 to up 12,21 up 100 to 7,47 120*) ( 90 to up 5,08 up to 12,82 up 115 to 10,95 up 80 to 8,10 up 90 to

110

до

12,67 - - stove electric 6,91 up 80 to 6,91 120*) (up to up 70 to up to 7,47 85 ( to up 4,97 up 90 to 12,82 up 90 to 10,95 up 70 to 8,18 up 70 to 11,03 100*) (up to up 70 to 13,03 110*) (up to up 100 to до

120)

80

6,37 up 190 to 17,36 up 190 to 13,72 up 150 to 10,38 up 140 to 15,05 up 190 to stove 16,09 up 170 to 16,47 (above 140*) up 190 to 8,62 up 180 to 8,62 190*) to (up 140 to up 15,78 up 180 to 10,25 up 170 to

Scoping Study Scoping 6,37 up 170 to 17,36 up 160 to 13,72 up 130 to 10,38 up 120 to - stove electric 16,09 up 150 to 16,47 110*) (above up 150 to 8,62 up 160 to 8,62 140*) (up to up 120 to 15,78 up 150 to 10,25 up 165 to

- Final -

7,97 above 190 21,71 above 190 17,65 above 150 12,98 above 140 17,95 above 190 stove electric 20,11 above 170 20,58 above 190 10,77 above 180 10,77 190*) (above 140 above 19,70 above 180 12,81 above 170

7,97 above 170 21,71 above 160 17,65 above 130 12,98 above 120 - stove electric 20,11 above 150 20,58 above 150 10,77 above 160 10,77 (above above 120 19,70 above 150 12,81 above 165

140*)

Page Page 160

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Shymkent region South-Kazakhstan region North-Kazakhstan region Pavlodar (Astana) Nur-Sultan region Mangystau a t gs itiuin raiain ad nutil consumers industrial and organizations distribution gas to gas profita and costs production of basis the on determined price a at to according out carried is bu right, pre-emptive JSC"KazTransGas",itsoperatorusing national gas natural for Kazakhstan in pricing General, In include the wholesale cost of of gas and cost services in gas distribution, approved CRby 90 (about KZT 22295 to euros) 18.5 (about meters cubic thousand per KZT 4631 consumption. of areas the on depending vary households for tariffs Gas Tariffs for natural gas the with accordance in established Minister of energy Kazakhstanof on December 14, 2018 and valid will were be until 2025. tariffs maximum The year. by down broken years, electrici marginal the as slightly, only but continue, will that tariffs electricity concluded be can It 40%. about was growth the regions other Kazakhstan of regions some in However, Kazakhstan. of regions all almost in bee has there years five past the over above, tables the from seen be can As 2,45 up 90 to 11,26 up 110 to 11,26 up 110 to 9,30 up 90 to 8,25 130*) (up to up 110 to 7,57 up 90 to

4,27 up 70 to 11,26 up 70 to 11,26 up 70 to 9,44 up 70 to 8,27 110*) (up to up 90 to 7,63 up 70 to

12,13 up 70 to 10,61 up 180 to 12,58 up 180 to 5,75 up 180 to 14,18 up 170 to 14,18 up 170 to

Scoping Study Scoping te ainl prtr rces rm the from proceeds operator national the , bility (not more than 10%). When selling When 10%). than more (not bility ys processed associated gas at the fields the at processedassociatedys gas i tenx fv yas h rwh of growth the years five next the in ty tariffs are set for a period of seven of period a for set are tariffs ty 12,13 up 170 to 10,61 up 150 to 12,58 up 140 to 5,75 up 150 to 14,18 up 140 to 14,18 up 140 to Gas prices vary considerably from considerably vary prices Gas

- Final -

n an increase in electricity tariffselectricity in increase an n

tariffs increased by 1%, and in and 1%, by increased tariffs h floig cee the scheme: following the

euros). The following rates following The euros). 15,16 above 170 13,26 above 180 15,86 above 180 7,21 above 17,70 above 170 17,70 above 170 NMPC. NMPC.

180

re o the of order 15,16 above 170 13,26 above 150 15,86 above 140 7,21 above 150 17,70 above 140 17,70 above 140

Page Page 161

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB networks distribution documentestimateand design of development the for funds gas allocated build to projects on begun also has Work distribution networks is planned in the period from 2021 to 2025. thir and construc second the the of implementation start of period to The networks. planned distribution is it 2019, of quarter second the distributionnetworks gas of construction the study, feasibility the to stat the of conclusion positive a and completed been has study to Nur-Sultan, of gasification the of framework the within addition, In feasibility study. and funding of sources project, the of cost The developed. be will the for study feasibility a approved, is version final the After study. feasibility consid were gasificationoptions Three developed. been has study feasibility construction the for grounds the CHP, new a of creation the with cos the and level, ground the below meters 12 by deepened is station the t in increase an to lead will gas to station the of transfer The Almaty. in prov it city, the in station largest the is and structure special a has 2 CHP of lack gas supplies. th in and gas, on works it months, 8 for rather or summer, the o working already is 1 CHP . currently consumes Theproblem gas. is there that isnot enough cover to the gas needs billionof In winter. CHP 1in 35.7 KZT is project the of cost The 2017. comp of project the for approved and prepared been has study feasibility A is activelygas underway. trans the on work concept, the of objectives the to according Currently, 2030 by Kazakhstan regions. and regions, Karaganda and Akmola gasify to 2020 by addition, 2030 by price), gas acceptable cit an and major gas in of volumes plants available power thermal of (transfer 2020 p by gas-fired 20% of to share generation the increase to needs industry power electric the economy, transitionthe forConcept the in setgoals the accordance with In as plants, gas and steam generating electricity. for gas natural of price wholesale the in discounts introductionstimulatethe energyof efficient generation,is itneces modernization of program long-term consumer a for costs provide to of necessary is it type the on depending generation)season and theof consumption.Also, order form in tariffs tofor trans gas of appro seems cost it the regard, this differentiating In consumer. of type the on depending is Kazakhstanthere in prices gas of terms Ininfrastructure.transport gas in increase significant a with of gas of price wholesale the in increase possibility an with operator National the is scheme a such of disadvantage The and the tariff for transportation of gas (approved CRNMPC). by of cost wholesale the to equal is operator National the of margin the of government the by year the of half each in approved price wholesale maximum – Scoping Study Scoping e winter goes to the burning of coal - due to due - coal of burning the to goes winter e e examination has been obtained. According obtained. been has examination e of the Republic of Kazakhstan to a "green"a Kazakhstanto Republicof the of of which are not. Currently, a preliminary preliminary a Currently, not. are which of sary to considersaryto possibility the providing of – in f h frt tg o te iys gas city's the of stage first the of tion in Astana is divided into three stages. Instages. three into divided is Astana in up to 25%, by 2050 by 25%, to up out actual obligations to modernize the modernize to obligationsactual out deadlines will be determined after the after determined be will deadlines ation, providing for the construction ofconstruction the for providingation, gas minus the cost of buying gas field gas buying of cost the minus gas date, the development of a feasibility a of development the date, he level of explosion of the object, as object, the explosionof of level he fer of CHP 1 and CHP 2 of Almaty to Almaty of 2 CHP and 1 CHP of fer rae o osdr h psiiiy of possibility the consider to priate n te rgos I Aml region Akmola In regions. other in ides about 70 percent of the energy the of percent 70 about ides no practice of differentiation of costdifferentiation of of practice no (osn, ouain industry, population, (housing, s lete conversion of CHP 1 to gas in gas to 1 CHP of conversionlete

and energy efficiency. In order to order In efficiency. energy and ered in the framework of the pre- the of frameworkthe in ered ts of the transfer are comparable are transfer the of ts - Final - d stages of construction of gas of construction of stages d project of gasification of CHP- of gasification of project – e t gs n h peec of presence the in gas to ies ot Kzksa ad East and Kazakhstan North

port and distributionportgas, of

the most effective way of of way effective most the gs ehooial and technologically gas n wr lns n electricity in plants ower Kazakhstan. As a result, a As Kazakhstan. h poiaiiy f the of profitability the – up to 30%. In 30%. to up 2 Page Page 162

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB region Mangystau Atyrau region region Kostanai Aktobe region Kyzylorda region Zhambyl region region East-Kazakhstan region West-Kazakhstan region Turkestan region Almaty Region Table pr the of documentation estimate distribution networks in Karagandathe region is planned to developedbe befor and Design networks. distribution gas 63 Kyzylorda region Zhambyl region region East-Kazakhstan region West-Kazakhstan region South-Kazakhstan region Almaty Region Table According to the Committee the regulation to According on MNE of competition of natural monopolies protection RK and 25 26 Prices for natural gas, 2019 forgas, natural Prices Prices for natural gas, 201414 201414 forgas, natural Prices

Tariffs, KZT/thousand m3, without VAT without VAT m3, KZT/thousand Tariffs, without VAT m3, KZT/thousand Tariffs, 63

population population population population 18663,33 22811,27 15394,13 28994,92 26216,05 11329,85 15274,13 14827,95 22295,35 20897,49 8893,52 7171,49 8785,76 10020 10021 24800

– Scoping Study Scoping

- Final - jc o cntuto o gas of construction of oject e the end of year the 2019.

juridical entities entities juridical juridical entities entities juridical 31 954,01

18912,98 31480,83 15958,38 26216,05 11329,85 21245,38 16199,12 17110,77 27226,01 19121,03 17492,44 26829,57 13122,04 10020 10021

Page Page 163

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB sch payment the (although investors in RES, for example: world the in unusual l highestKazakhstan).38simultaneous However, the their combinationof one hascreated not are RES, to benefits dispa financial, providing support, RES of mechanisms non-market Such network.37 proportion in electricity buy who electricity of producers traditional not are sources energy renewable produced electricity the of buyers Interestingly, sour energy renewable of cost the distribute to desire the to due is energy Law KEGOC electricityof buysall producedRESfixed at by rates.choice RFC The of as the and electricity" "On Kazakhstan settlement the sources", energy renewable of of use the for support "On Kazakhstan Republic the of Law the to According Fixed greentariffs / Feed- 10% annually. i prices gas of growth the thatconcluded be can It doubled. have b has there years five past r Kazakhstan East for except the Kazakhstan, regionsof all in gasprices natural the over above, presented tables the from seen be can As region Mangystau Atyrau region region Kostanai Aktobe region are jointly responsible for the obligation to pay for renewable energy. renewable for pay to obligation the for responsible jointly are pl power traditional of tariff marginal the calculating when account otherwor Inelectricity. own producing their of cost the in them renewa from electricity of cost the reimburse producers electricity Traditional . . . . .

of land, buildings, equipment and transport). transport). and equipment buildings, land, of u free of respect (in grants state receive and duties customs from exempted be RES can of Owners tax, property tax, (corporate equipment). and installation the costsassociated with actual subsidies grants (30% the of investment and benefits tax receive also RES of Owners network. the to connection of point nearest the to RES facility the from construction network the of bear should projects construction RES of owners the However, transmission. electricity for tariff the as well as RES), connect to required be may (which networks existing of modernization the paymen RES enjoy from exempt are and the right network of free connection distribution the to 3-10 are tariffs producers. fixed electricity oftraditional those than higher RES, of type the on Depending KZT. inflat of of rate level exchange the the in indexation, changes annual to subject are and years 15 for generation) biofuel geoth MW, 35 to up hydro solar, (wind, RES of type each for determined are tariffs Fixed sources. energy use renewable that organizations producing energy Listof the in included projects energy renewable the In fact, RES facility. the of commissioning the years before 3 RFC concluded the be can and developer the The electricity between sale agreement and purchase in -Tariffs 17603,33 4631,86 5187,86 7027

– Scoping Study Scoping ds, the cost of renewable energy is taken intotaken is energyrenewable of cost the ds, n the next five years will continue within 5- within continue will years five next the n to their renewable energy supplied to the to supplied energy renewable their to ants. In essence, traditional power plants power traditional essence, In ants. Nevertheless, the scheme of RES tariff RES of scheme the Nevertheless,

- Final - ces evenly, in the simplest way. simplest the in evenly, ces l eeg sucs including sources, energy ble egion. In some regions,pricessomeegion. In

a singlea buyer renewable of

utility companies and the and companies utility and financial center (RFC) center financial and m isl i uiu for unique is itself eme tching and operational and tching 16905,96 20856,89 6805,26 7027 evels of stability forstability of evels f h Rpbi of Republic the of e a ices in increase an een

ad a) an tax) land

ermal and and ermal the costs the ion and and ion times ts for for ts se d Page Page 164

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB separate projects accounted for SES re maximum the case, this In 34.7%. by (SES) plants power solar 14.5%, by (HPP) plants participants auction of request the at average, on (WPP), plants power shouldbenotedtherethattariffsa decreaserelativeIt in was to buyer of renewable energy for 15 years for a capacity total of 806 MW. auction,resultcountriestheof 306 companies a from theAs have opportunity to Rufilings installedtotal capacity 3,422of MW, which exceeded demand 3,4by times. China, Kazakhstan, auction: the in t for auctionthe ofparticipantsNetherlands. The UAE, Italy, , part took countries 9 from companies 113 understanda human intervention. and transparent ensure to allowed bidding auction of stres Observers organizations. non-governmental bodies, state Kazakhstan, r observersincluded The auctions. auction all at present was which pro was bidding auction of process the over control "KOREM", JSC of through held was auction The held. successfully were GW 1 of capacity total same At the intime, May-June and October 2018, international auctionspro for renewable energy purch the for mechanism auction produced from renewable energy sources. an has Kazakhstan of Republic the 2018, Since 2017. of energy renewable from produced energy of purchase the for tariffs Fixed renewable heat energy in the for prices end users. thes include organizations supply energy electricity, of case the in as also, And connec for fee the from exempt are sourcea energy, heatRES is networks,ofand ifheat energy RES supplied is to electricity, of case the in As consumers. all of transmission the for losses) (primarily organizations transmission means which organizations, transmission energy of services of payment the from connection their for costs electr of Transmission users. end to any required transmitted are and rates transmission from if exempt networks are existing RES of Although modernization production. electricity of cost true the inclusion in traditionalthe generation tariff distorts an wholesale electricity prices 4 4 3 2 1 No. Table Biogas installations Biogas installations plants Small hydropower energy conversion forPV), solar using projects (Kaz silicon Kazakhstan plant on based modules photovoltaic power solar for tariff fixed a of exception the with converters, energy solar Photovoltaic plants power Wind technology RES 27 Fixed tariffs for purchase of electricity produced from RES RES from produced of electricity for purchase tariffs Fixed – 48%, wind power stations and hydroelectric Tariff, KZT/kWh, without VAT VAT without KZT/kWh, Tariff, – Scoping Study Scoping the previouslythe approved tariffsfor wind fixed epresentatives of the Ministry of energy ofenergy of Ministry the epresentatives of electricity to RES are distributed among distributed are RES to electricity he set of 1000 MW had been proposed proposed been had MW 1000 of set he l slcin f E poet without projects RES of selection ble vided by the Supervisory Commission, Supervisory the by vided by 10.6%, small hydroelectric power hydroelectric small 10.6%, by tee ot ae nldd n the in included are costs these , sources were in effect until the end the until effect in were sources the centralized heat supply system. centralizedthe supplyheat icity produced from RES is exempt is RES from produced icity

- Final - sed that the adopted mechanism adopted the that sed the electronic trading platform trading electronic the e costs and the cost of buying of cost the and costs e d doesd allow not to estimate

sign contractssignsingle a with 32,23 16,71 34,61 22,68

– that the costs of energy of costs the that 23%. soitd ih the with associated

sa Tre, France, Turkey, ssia, in o h heating the to tion duction of tariffs fortariffs of duction s o energy of ase jects withjects a Page Page 165

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB changes approvalof prior without services ESCO for payment and funds ener saved the use to allowed not are organizations rules, budget service energy concluding when restrictions budgetary to count subject other many the in of As form sector. quasi-public standard the the and apply institutions to possible not was it Nevertheless, contrac efficiency, provisions on the right of ownership, rights, obligations and respon measur of implementation the on provisions payment, of terms forms and price the Typical contract, institutions. public for other the and entities, sector legal and individuals for one agreement: service energy of formsstandard two t of development and investment for Minister the of order the 2015, In entitiessector energywith service companies. gover including entities, legal and individuals with contracts service energy in strategic as attracted been have institutions financial international map efficiency energy an created, been domesticequipmentenergy-saving anda registerof tec of producersformed, has companies service energy of register a identified, bee has strat a work implemented, and developed of been has lot market ESCO the a of model a date, direction: To (Institute). saving" energy and electricity of development savi energy of energmaintenanceformationand of the activitiesin ofcoordination field the in Institute Development National the of the definesLaw theaddition, In map. efficiency energycontract, service energy of definition the for provides which adopted, was policy" o innovation Republic the of acts legislative some to additions and amendments "On project ESCO of attractiveness the increase to step, 59th the of part As and saving energy implemented. of The main barriers to the development of energythe services marketfield in Kazakh the in policy state the step, this of part As reimbursem with saving obtaining financial profit from energy actuallythe achieved energy savings. of field the in services of range a priv provide of development the stimulate to is task main Their contracts. service s 2015, int the Maythrough saving energy in of field approved the in investors steps", strategic concrete "100 nations of Plan the of step 59 ESCO market Kazakhstan. 67 of capacity total a with facilities RES operating 74 are there 2019, May of As Kazakhstan addition, In investors". renewable energy Agency (IRENA). for guide "Information the n by and preparation developed the in investors informing of purpose the For . .

have rather high risks for local banks, there are no special credit lines. lines. credit special no are there banks, local risks for high rather have serv energy resources, financial lack ESCOs local potential resources: financial real of lack measures; efficiency energy for incentives of lack t.

– Scoping Study Scoping ernationally recognized mechanism of energy of mechanism recognized ernationally is sae ntttos n aahtn are Kazakhstan in institutions state ries, gtain f eeal eeg projects energy renewable of egotiation otat wt ECs Acrig o the to According ESCOs. with contracts y efficiency map for JSC "Institute for the for"InstituteJSC for efficiency map y g n eeg efcec, nldn the including efficiency, energy and ng y ot frribreeto invested of reimbursement for costs gy nld te eea poiin o the of provisions General the include vestors. It is also possible to conclude to possible also is It vestors. concepts s and their wide application, the Law the application, wide their and s in costs with the Manager of budget of Manager the with costs in he Republic of Kazakhstan approved Kazakhstan of Republic he energy efficiency is currently being currently is efficiency energy nry evc cnrc t public to contract service energy

- Final - nment agencies and quasi-public quasi-public and agencies nment ate energy service companies to companies service energy ate hnologies has been created,hashnologiesand been n o ter w epne and expenses own their of ent sibilities of the parties under the Kzksa o idsra and industrial on Kazakhstan f entities, including quasi-public quasi-public includingentities, consolidation of the functions consolidationthe of

– 8,6 MW in the Republic of Republic the in MW 8,6 nry evc company, service energy s fl mme o the of member full a is t h ts o attracting of task the et egic partner has been has partner egic es to improve energy improve to es stan are: stan are: dn i this in done n ice projects projects ice a been has Page Page 166

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB Table Sub-Annex funds 64 3 hog te ehns o a EC/P. 1 poet hv nw been now have projects 117 ESCO/PPP. an of mechanism the through 23 t Map, efficiency energy invest of search the further for organization the of from applications framework the Within Map. efficiency energy the is attract projectsinvestorsto Kazakhstan Republic tool to main of the the in Today country. to measure priority a and opportunities the of one as years. considered is thirty model to three of period a for partners contracts long-term public-private and "On medium-term Law through the contract 2015, ESCO In the (PPP). of partnership implementation the is problem this to projects theof quasi-public sector and 30% are private projects publ of projects are 40% map, efficiency energy the in included projects of publinumber and contracts service energy of mechanism the through financing 01 специальных проектов), приоритетных инвестиционных числе том проектов инвестиционных инвестиционных (в реализации для деятельности проектов видов приоритетных Перечень 1. Часть 1 л Разде According to the JSC the "Institute to energy According of development saving» electricity and

– 28 akimat for the municipal level and the relevant Ministry for the state level. To dat To level. state the for Ministry relevant the and level municipal the for akimat List of priority activities for the implementation of investment projects projects of investment implementation for the priorityactivities of List услуг в этих этих и в областях услуг предоставление охота животноводство, и Растениеводство 2 раздела Наименование

01.1 3 а Групп

культур сезонных Выращивание 4 группы Наименование

– Scoping Study Scoping ors. We have completed 84 projects, of which of projects, 84 completed have We ors. 64 . i" a aotd wih rvds for provides which adopted, was hip"

01.19 01.19 01.16 01.14 01.13 01.12 01.11 5 Класс -rvt prnrhp O te total the Of partnership. c-private

the mechanism of public-private public-private of mechanism the - Final - improve energy efficiency in the in efficiency energy improve

hs te SO development ESCO the Thus, eeoe ad r ray for ready are and developed выращивание цветов, цветов, выращивание за исключением культур, прочих сезонных Выращивание культур прядильных волокнистых Выращивание тростника сахарного Выращивание и клубнеплодов корнеплодов бахчевых, и овощей Выращивание риса Выращивание семян масличных и культур бобовых риса), исключением (за культур зерновых Выращивание 6 класса Наименование in the field of energysaving of field the in

ic institutions, 30% are 30% institutions, ic e nttt receives Institute he e, the only solution only the e,

Page Page 167

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 1 л Разде

2 раздела Наименование

01.3 01.2 3 а Групп 01.4

Животноводство питомников продукции Производство культур многолетних Выращивание 4 группы Наименование

Scoping Study Scoping

01.24 01.24 01.23 01.22 01.21 5 Класс 01.46 01.46 01.45 01.44 01.43 01.42 01.41 01.30 01.29 01.27 01.26 01.25

- Final -

видов плодовых плодовых орехов и кустарников деревьев, и прочих видов Выращивание плодов косточковых семечковых Выращивание и фруктов цитрусовых Выращивание фруктов субтропических тропических Выращивание винограда Выращивание бутонах, семян цветов в выращивание цветов и цветов производство 6 класса Наименование Разведение свиней и и свиней Разведение коз и овец Разведение и верблюдовых верблюдов Разведение пород копытных прочих и лошадей Разведение прочих и буйволов скота пород Разведение молочных скота пород Разведение питомников продукции Производство прочих культур многолетних Выращивание производства напитков культур для Выращивание плодов маслосодержащих Выращивание

Page Page 168

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 10* 03 1 л Разде

питания продуктов Производство и аквакультура Рыболовство 2 раздела Наименование

10.2 10.1 03.2 01.6 3 а Групп 10.4 10.3

растительных и и растительных и и овощей фруктов консервирование Переработка и и моллюсков ракообразных рыбы, консервирование Переработка и мясных изделий производство и мяса консервирование Переработка Аквакультура разведение животных) и культур сельскохозяйственных хозяйства (выращивание сельского области в деятельности виды Вспомогательные 4 группы Наименование Производство Производство

– Scoping Study Scoping

03.22 03.22 03.21 01.64 01.49 01.47 5 Класс 10.41 10.41 10.39 10.32 10.31 10.20 10.13 10.12 10.11

- Final -

аквакультура Пресноводная аквакультура Морская размножения для семян подготовка и Обработка прочих видов животных Разведение Птицеводство поросят 6 класса Наименование жиров и масел и Производство виды и овощей фруктов консервирования переработки Прочие овощных соков и фруктовых и Производство картофеля консервирование и Переработка и моллюсков ракообразных рыбы, консервирование мяса Переработка и мяса птицы домашней из продуктов и Производство птицы домашней мяса и консервирование Переработка мяса консервирование Переработка

Page Page 169

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 1 л Разде

2 раздела Наименование

10.7 10.6 10.5 3 а Групп 10.8

Производство прочих прочих питания продуктов Производство изделий мучных и хлебобулочных Производство и продуктов крахмальных крахмалов промышленности, мукомольной продуктов Производство продуктов молочных Производство и жиров масел животных 4 группы Наименование

– Scoping Study Scoping

10.71 10.71 10.62 10.61 10.51 10.42 5 Класс 10.89 10.89 10.86 10.85 10.84 10.83 10.82 10.81 10.73 10.72

- Final -

изделий, тортов и и тортов пирожных кондитерских изделий, свежих мучных хлеба; производство Производство крахмала из и продукции крахмала Производство мукомольно продуктов Производство сыра производство и молока Переработка жиров пищевых аналогичных и маргарина Производство 6 класса Наименование Производство прочих прочих Производство продуктов пищевых диетических и питания детского Производство продуктов готовых пищевых Производство и пряностей Производство кофе и чая Переработка изделий кондитерских какао, сахаристых и шоколада Производство сахара Производство изделий макаронных Производство для хранения длительного тортов, предназначенных и бисквитов, пирогов пирожных, кондитерских изделий, мучных производство печенья; и сухарей Производство промышленности

приправ

- крупяной крупяной

Page Page 170

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 13 11* 1 л Разде

изделий текстильных Производство напитков Производство 2 раздела Наименование

13.3 13.2 13.1 11.0 10.9 3 а Групп 13.9

Производство прочих прочих изделий текстильных Производство текстильных изделий Отделка производством Ткацкое волокон текстильных прядение и Подготовка напитков Производство готовых животных для кормов Производство 4 группы Наименование

– Scoping Study Scoping

11.07 11.07 11.06 10.92 10.91 5 Класс 13.96 13.96 13.95 13.94 13.93 13.92 13.91 13.30 13.20 13.10

- Final -

напитков безалкогольных других минеральных Производство солода Производство домашних животных для кормов готовых на Производство фермах животных, содержащихся для готовых кормов Производство другие категории в не включенных питания, продуктов 6 класса Наименование технических и и изделий текстильных за промышленных прочих технических Производство одежды исключением изделий, нетканых Производство и бечевок, шнуров плетения сетей шнурков, канатов, веревок, Производство изделий ковровых и ковров Производство изделий, одежды кроме готовых текстильных Производство полотна трикотажного и вязаного Производство текстильных изделий Отделка производство Ткацкое волокон текстильных прядение и Подготовка

вод и и вод

Page Page 171

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 16 15 14 1 л Разде

соломки и и из соломки изделий производство кроме мебели; изделий, и пробковых деревянных Производство и к ней продукции относящейся кожаной Производство одежды Производство 2 раздела Наименование

15.1 14.3 14.2 14.1 3 а Групп 16.2 16.1 15.2

соломки и материалов материалов плетения для и пробки, соломки древесины, из продукции Производство и производство строгальное Лесопильное обуви Производство и выделка меха крашение сумок, изделий; производство шорно чемоданов, выделка кожи; и Дубление одежды и изделий трикотажных и вязаных Производство изделий меховых Производство меха из одежды кроме одежды, Производство 4 группы Наименование - седельных седельных

– Scoping Study Scoping

14.19 14.19 14.14 14.13 14.12 14.11 13.99 5 Класс 16.22 16.22 16.21 16.10 15.20 15.12 15.11 14.39 14.31 14.20

- Final -

видов одежды и и одежды аксессуаров прочих видов Производство белья нижнего Производство прочей одежды верхней Производство одежды Производство кожи из одежды Производство другие в категории вошедших прочих не изделий, текстильных Производство 6 класса Наименование паркетных покрытий паркетных сборных Производство шпона, и панелей плит фанеры, и Производство производство строгальное Лесопильное обуви Производство и сбруи изделий шорных п., т. и сумочек дамских сумок, и багажных Производство выделка меха окрашивание выделка кожи; и Дубление изделий трикотажных прочих и вязаных Производство изделий чулочных трикотажных и вязаных Производство изделий меховых Производство

Page Page 172

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 20 19 17 1 л Разде

промышленности химической продуктов Производство и нефтепереработк продуктов и кокса Производство и продукции бумажной бумаги Производство плетения для материалов 2 раздела Наименование

19.2 19.1 17.2 17.1 3 а Групп 20.1

пластмасс и и формах первичных в каучука синтетического соединений, пластмасс азотных и удобрений химикатов, основных Производство нефтепереработки продуктов Производство печей коксовых продукции Производство и картона из бумаги изделий Производство целлюлозы, и картона бумаги и массы древесной Производство 4 группы Наименование

Scoping Study Scoping

17.21 17.21 17.12 17.11 16.23 5 Класс 20.14 20.14 20.13 20.12 20.11 19.20 19.10 17.29 17.24 17.23 17.22

- Final -

назначения гигиенического санитарно и бытового хозяйственно изделий бумажных Производство и тары картонной бумажной картона, гофрированного Производство картона и бумаги Производство и целлюлозы массы древесной Производство изделий столярных и конструкций строительных прочих деревянных Производство 6 класса Наименование основных органических органических прочих основных Производство веществ химических неорганических прочих основных Производство и пигментов красителей Производство газов промышленных Производство нефтепереработки продуктов Производство печей коксовых продукции Производство и бумаги картона из прочих изделий Производство обоев Производство изделий писчебумажных Производство

- -

Page Page 173

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB

21 1 л Разде

фармацевтически основных Производство 2 раздела Наименование

20.4 20.3 20.2 3 а Групп 21.1 20.6 20.5

продуктов фармацевтических основных Производство волокон искусственных Производство прочих продуктов химических Производство средств и косметических продукции парфюмерной средств, препаратов, полирующих и чистящих и моющих мыла Производство веществ, и мастики краски типографской аналогичных красящих и красок, лаков Производство продукции прочей агрохимической и пестицидов Производство 4 группы Наименование

– Scoping Study Scoping

20.20 20.20 20.17 20.16 20.15 5 Класс 21.10 21.10 20.60 20.59 20.53 20.52 20.51 20.42 20.41 20.30

- Final -

красящих веществ, веществ, мастики и краски типографской аналогичных красящих и красок, лаков Производство продукции прочей агрохимической и пестицидов Производство форме первичной в каучука синтетического Производство форме в первичной пластмасс Производство азотосодержащих смесей и удобрений Производство веществ химических 6 класса Наименование продуктов фармацевтических основных Производство волокон искусственных Производство категории другие в включенных не продуктов, прочих химических Производство масел эфирных Производство клея Производство веществ взрывчатых и Производство средств косметических парфюмерных Производство и средств полирующих чистящих и моющих, мыла Производство

Page Page 174

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 23 22 1 л Разде

продукции минеральной неметаллической прочей Производство и изделий пластмассовых резиновых Производство продуктов х 2 раздела Наименование

23.1 22.2 21.2 3 а Групп 23.3 23.2 22.1

материалов из глины из материалов строительных Производство изделий огнеупорных Производство стекла из изделий и стекла Производство изделий пластмассовых Производство изделий Производство препаратов фармацевтических Производство 4 группы Наименование

резиновых резиновых – Scoping Study Scoping

22.21 22.21 22.19 22.11 21.20 5 Класс 23.32 23.32 23.31 23.20 23.19 23.14 23.13 23.12 23.11 22.29 22.23 22.22

- Final -

пластиковых упаковок упаковок товаров для пластиковых и Производство шин для профилей камер листов, пластмассовых Производство прочей продукции резиновой Производство камер; покрышек резиновых и восстановление покрышек резиновых Производство препаратов фармацевтических Производство 6 класса Наименование Производство кирпича, кирпича, Производство и плит покрытий керамических Производство изделий огнеупорных Производство прочих и изделий стеклянных обработка Производство стекловолокна Производство полых изделий стеклянных Производство стекла листового обработка и Формование стекла листового Производство прочих изделий пластиковых Производство изделий пластиковых строительных Производство

Page Page 175

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 1 л Разде

2 раздела Наименование

23.5 23.4 3 а Групп 23.6

целей и строительных для цемента гипса бетона, из изделий Производство гипса строительного и извести цемента, Производство и изделий керамических прочих фарфоровых Производство 4 группы Наименование

– Scoping Study Scoping

23.43 23.43 23.42 23.41 5 Класс 23.69 23.69 23.65 23.64 23.63 23.62 23.61 23.52 23.51 23.49 23.44

- Final -

электроизоляторов и и арматуры изолирующей электроизоляторов керамических Производство оборудования сантехнического гигиенического керамического Производство изделий декоративных и бытовых керамических Производство прочих глины из обожженной изделий и строительных черепицы 6 класса Наименование Производство прочих прочих Производство и цемента волокнистого асбестоцемента из изделий Производство сухих для смесей бетонных Производство использования бетона готового Производство целей строительных из изделий Производство из бетона изделий строительных Производство гипса строительного и извести Производство клинкеры включая цемента, Производство прочих изделий керамических Производство изделий керамических прочих технических Производство

гипса для для гипса

Page Page 176

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 24 1 л Разде

промышленность я Металлургическа 2 раздела Наименование

24.3 24.2 24.1 23.9 23.7 3 а Групп 24.4

металлов цветных и благородных основных Производство обработки первичной прочих путем изделий стальных Производство стали из фитингов труб, профилей, трубопроводов, Производство чугуна, ферросплавов истали Производство продукции минеральной неметаллической и прочей изделий абразивных Производство и обработка камня отделка Резка, 4 группы Наименование

– Scoping Study Scoping

24.10 24.10 23.99 23.91 23.70 5 Класс 24.46 24.46 24.45 24.44 24.43 24.42 24.41 24.34 24.33 24.32 24.31 24.20

- Final -

Производство чугуна, чугуна, ферросплавов истали Производство группировки другие в включенной не продукции, минеральной прочей неметаллической Производство изделий абразивных Производство и обработка камня отделка Резка, бетона, и цемента гипса из строительного изделий 6 класса Наименование топлива ядерного Переработка прочих металлов цветных Производство меди Производство свинца, и олова цинка Производство алюминия Производство металлов (драгоценных) благородных холодного Производство вытягивания путем проволоки Производство фальцовка или формовка Холодная полос узких и лент прокатка Холодная волочение Холодное стали из фитингов профилей, труб, трубопроводов, Производство

Page Page 177

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 25 1 л Разде

машин и и оборудования кроме машин изделий, металлических готовых Производство 2 раздела Наименование

25.4 25.3 25.2 25.1 24.5 3 а Групп 25.6 25.5

машиностроения основные процессы технологические металлы; на покрытий нанесение и металлов Обработка и металлургия порошковая машине; роликовой листогибочной на металла металла листового профилировка роликами, листового профилирование прессование, штамповка, Ковка, боеприпасов и оружия Производство котлов отопления центрального кроме котлов, паровых Производство и контейнеров резервуаров цистерн, металлических Производство и изделий конструкций металлических строительных Производство металлов Литье 4 группы Наименование

Scoping Study Scoping

25.12 25.12 25.11 24.54 24.53 24.52 24.51 5 Класс 25.62 25.62 25.61 25.50 25.40 25.30 25.29 25.21

- Final -

радиаторов и котлов котлов отопления центрального и радиаторов Производство окон и дверей металлических Производство и изделий конструкций металлических строительных Производство цветных металлов прочих Литье металлов легких Литье Литье стали чугуна Литье 6 класса Наименование обработка и покрытие покрытие и обработка; обработка Машинная металл на покрытий нанесение и металлов Обработка металлургия и порошковая машине; листогибочной роликовой на металла и металла листового профилировка роликами, листового профилирование прессование, штамповка Ковка, боеприпасов и оружия Производство котлов отопления центрального кроме и котлов, паровых Производство контейнеров резервуаров цистерн, прочих металлических Производство

Page Page 178

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 26 1 л Разде

продукции и оптической электронной компьютеров, Производство 2 раздела Наименование

26.1 25.9 25.7 3 а Групп 26.5 26.4 26.3 26.2

приборов для для и приборов инструментов Производство электроники бытовой приборов Производство оборудования коммуникационного и Производство оборудования периферийного компьютеров Производство плат и деталей электронных Производство изделий металлических прочих готовых Производство и назначения общего изделий металлических ручных инструментов металлических приборов, столовых Производство 4 группы Наименование

– Scoping Study Scoping

25.92 25.92 25.91 25.73 25.72 25.71 5 Класс 26.51 26.51 26.40 26.30 26.20 26.12 26.11 25.99 25.94 25.93

- Final -

из легких металлов из материала упаковочного Производство емкостей аналогичных и бочек металлических Производство инструментов Производство замков, шарниров и петель Производство прочих изделий металлических Производство металлов 6 класса Наименование приборов для для и приборов инструментов Производство электроники бытовой приборов Производство оборудования коммуникационного Производство и оборудования периферийного компьютеров Производство плат электронных Производство элементов электронных Производство категории в другие включенных не изделий, металлических прочих готовых Производство изделий крепежных Производство и пружин цепей проволоки, из изделий Производство

Page Page 179

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 27 1 л Разде

оборудования электрического Производство 2 раздела Наименование

27.2 27.1 26.8 26.7 26.6 3 а Групп 27.5 27.4 27.3

Производство бытовых бытовых Производство оборудования электроосветительного Производство и приборов электропроводных электропроводки Производство аккумуляторов и батарей Производство регулирующей и аппаратуры и ой электрораспределительн трансформаторов генераторов, электродвигателей, Производство средств информации передачи оптических и магнитных Производство оборудования фотографического и приборов оптических Производство оборудования терапевтического электро и медицинского электро облучающего, Производство и видов часов прочих наручных и часов навигации; тестирования измерения, 4 группы Наименование

– Scoping Study Scoping

- - 26.70 26.70 26.60 5 Класс 27.51 27.51 27.40 27.33 27.32 27.31 27.20 27.12 27.11 26.80

- Final -

кабеля и оптических средств средств информации передачи оптических и магнитных Производство оборудования фотографического и приборов оптических Производство оборудования терапевтического электро и медицинского электро облучающего, Производство и навигации тестирования измерения, 6 класса Наименование электробытовых электробытовых Производство оборудования осветительного электро Производство электроприборов Производство кабеля и прочих электропровода видов Производство волоконно Производство аккумуляторов и батарей Производство регулирующей аппаратуры и ной и электрораспределитель Производство трансформаторов генераторов электродвигателей, Производство

- оптического оптического

- - - Page Page 180

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 28 1 л Разде

включенных в в и категории другие включенных не оборудования, машин 2 раздела Наименование Производство Производство

28.1 27.9 3 а Групп 28.2

техники общего общего назначения прочей техники Производство назначения общего оборудования прочего электрического Производство приборов 4 группы Наименование Производство машин машин Производство

– Scoping Study Scoping

28.12 28.12 28.11 27.90 27.52 5 Класс 28.24 28.24 28.23 28.22 28.21 28.15 28.14 28.13

- Final -

оборудования гидравлического Производство и двигателей мотоциклетных авиационных, автомобильных турбин, кроме и двигателей Производство оборудования прочего электрического Производство не приборов бытовых электрических Производство приборов 6 класса Наименование Производство ручных ручных электрических Производство и оборудования) исключением периферийного компьютеров (за оборудования и техники офисной и Производство оборудования транспортировочного подъемного Производство плит, горелок и печных печей Производство и приводов передач зубчатых элементов шестеренок, подшипников, Производство прочих и вентилей кранов Производство клапанов ипробок компрессоров, прочих насосов, Производство

Page Page 181

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 1 л Разде

2 раздела Наименование

28.4 28.3 3 а Групп 28.9

видов техники техники назначения специального прочих видов Производство и станков механических металлов для давлением обработки оборудования Производство и техники лесохозяйственной хозяйственной сельско Производство 4 группы Наименование

– Scoping Study Scoping

- 28.30 28.30 28.29 28.25 5 Класс 28.94 28.94 28.93 28.92 28.91 28.49 28.41

- Final -

хозяйственной и и техники лесохозяйственной хозяйственной сельско Производство другие группировки в включенных не назначения, общего оборудования и прочих машин Производство и оборудования вентиляционного холодильного промышленного Производство инструментов 6 класса Наименование меховых и кожаных кожаных и изделий меховых швейных для текстильных, изготовления оборудования Производство и и изделий табачных напитков питания, продуктов для переработки производства оборудования Производство строительства и разработки подземной промышленности, горнодобывающей техники для Производство для металлургии оборудования и машин Производство станков х прочих металлообрабатывающи Производство металлов для давлением обработки оборудования Производство

- Page Page 182

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 30 29 1 л Разде

средств транспортных прочих Производство и средств, полуприцепов трейлеров х автотранспортны 2 раздела Наименование Производство Производство

29.3 29.2 29.1 3 а Групп 30.2 30.1

локомотивов й й локомотивов железнодорожных Производство лодок исудов морских Производство двигателей их и средств автотранспортных принадлежностей и частей Производство и полуприцепов трейлеров производство автотранспортных средств; кузовов для Производство средств автотранспортных Производство 4 группы Наименование

– Scoping Study Scoping

28.99 28.99 28.96 28.95 5 Класс 30.20 30.20 30.12 30.11 29.32 29.31 29.20 29.10

- Final -

средств автотранспортных Производство не другие группировки в включенных назначения, специального оборудования и прочих машин Производство других и материалов полимерных для пластмасс переработки оборудования Производство и картона бумаги техники изготовления для Производство 6 класса Наименование локомотивов и и локомотивов и железнодорожных Производство лодок спортивных прогулочных Строительство и конструкций и плавучих кораблей Строительство двигателей их и средств автотранспортных принадлежностей прочих частей Производство для средств автотранспортных и оборудования электронного и электрического Производство полуприцепов трейлеров производство средств; автотранспортных кузовов для Производство

резины, резины,

Page Page 183

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 33 32 31 1 л Разде

Ремонт и и и оборудования машин установка Ремонт готовых изделий прочих Производство мебели Производство 2 раздела Наименование

32.5 31.0 30.9 30.4 30.3 3 а Групп 33.1

Ремонт готовых готовых и оборудования машин изделий, металлических Ремонт и и принадлежностей инструментов стоматологических медицинских Производство мебели Производство не другие группировки в включенного оборудования, транспортного Производство средств автотранспортных боевых военных и Производство аппаратов летательных космических воздушных Производство состава подвижного 4 группы Наименование

– Scoping Study Scoping

30.92 30.92 30.91 30.40 30.30 5 Класс 33.15 33.15 33.14 33.13 33.12 33.11 32.50 31.09 31.03 31.02 31.01

- Final -

велосипедов и и колясок/кресел инвалидных велосипедов Производство мотоциклов Производство средств автотранспортных боевых военных и Производство аппаратов летательных космических воздушных Производство состава подвижного 6 класса Наименование Ремонт, техническое техническое кораблей обслуживание Ремонт, оборудования электрического Ремонт оборудования оптического и и электронного Ремонт машин оборудования готовых Ремонт изделий металлических и Ремонт и принадлежностей инструментов стоматологических медицинских Производство прочей мебели Производство матрасов Производство мебели кухонной Производство мебели студийной и офисной Производство

Page Page 184

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 38 36 35 1 л Разде

и удаление удаление и обработка Сбор, воды распределение и обработка Сбор, ие кондиционирован газа, воздушное и пара подача е, Электроснабжени 2 раздела Наименование

35.2 35.1 33.2 3 а Групп 38.2 38.1 36.0 35.3

Обработка отходов Сбор и обработка воды распределение Сбор, воздуха кондиционирования и пара подачи Системы и топлива газообразного распределение Производство распределение электроэнергии и передача Производство, оборудования и техники промышленной Монтаж 4 группы Наименование

и удаление удаление и

– Scoping Study Scoping

33.20 33.20 33.19 33.17 33.16 5 Класс 38.21 38.21 38.12 36.00 35.30 35.23 35.22 35.21 35.14 35.13 35.12 35.11

- Final -

электроэнергии Производство оборудования и техники прочего промышленной Монтаж оборудования Ремонт транспортного оборудования прочих видов техническое обслуживание Ремонт, и судов судов космических воздушных техническое обслуживание Ремонт, и лодок 6 класса Наименование Обработка и удаление удаление и Обработка отходов опасных Сбор и обработка воды распределение Сбор, по воздуха кондиционирования и пара подачи Системы трубопроводам топлива газообразного Продажа по трубопроводам топлива газообразного Распределение топлива газообразного Производство потребителю электроэнергии Продажа электроэнергии Распределение электроэнергии Передача

Page Page 185

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 49 42 1 л Разде

е по по трубопроводам и е транспортировани транспорт Сухопутный строительство Гражданское отходов удаление утилизация отходов; и обработка Сбор, отходов утилизация отходов; 2 раздела Наименование

42.9 42.2 42.1 38.3 3 а Групп 49.3 49.2 49.1

Прочий пассажирский пассажирский транспорт сухопутный Прочий транспорт железнодорожный Грузовой междугородний транспорт железнодорожный Пассажирский прочих сооружений инженерных Строительство сооружений инженерных Строительство и дорог железных автомобильных Строительство отходов Утилизация отходов 4 группы Наименование

– Scoping Study Scoping

42.13 42.13 42.12 42.11 38.32 5 Класс 49.31 49.31 49.20 49.10 42.99 42.91 42.22 42.21

- Final -

туннелей и мостов Строительство и метро дорог железных Строительство автомагистралей и дорог Строительство металлов цветных за и черных лома и отходов переработки исключением материалов, отсортированных Утилизация отходов неопасных 6 класса Наименование Городской и и наземный пассажирский пригородный Городской транспорт железнодорожный Грузовой междугородний транспорт железнодорожный Пассажирский не другие группировки в включенных сооружений, прочих инженерных Строительство сооружений водных Строительство для коммуникациями теле и электроэнергией обеспечения объектов распределительных Строительство объектов инженерных распределительных Строительство

- Page Page 186

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 52 51 50 1 л Разде

деятельность и транспортная вспомогательная хозяйство Складское транспорт Воздушный транспорт Водный 2 раздела Наименование

52.1 51.2 51.1 50.4 50.3 50.2 50.1 49.5 49.4 3 а Групп 52.2

транспорт и и система космическая транспортная транспорт деятельности при при транспортировке деятельности виды Вспомогательные и груза хранение Складирование Воздушный транспорт пассажирский грузовой Воздушный транспорт Речной пассажирский транспорт Речной грузовой транспорт прибрежный и Морской транспорт пассажирский прибрежный и Морской трубопроводу по Транспортирование отходов вывозу по услуги и транспортом перевозки автомобильным Грузовые 4 группы Наименование

– грузовой грузовой

Scoping Study Scoping

50.10 50.10 49.50 49.41 49.39 5 Класс 52.23 52.23 52.22 52.21 52.10 51.22 51.21 51.10 50.40 50.30 50.20

- Final -

грузовой транспорт прибрежный и Морской транспорт пассажирский прибрежный и Морской трубопроводу по Транспортирование транспортом перевозки автомобильным Грузовые категориям другим к отнесенные не перевозок, пассажирских транспорт 6 класса Наименование за исключением исключением области за в транспорта, воздушного области Услуги в транспорта водного Услуги гражданам принадлежащих средств, транспортных хранению области по услуг исключением за в транспорта, сухопутного и Услуги груза хранение Складирование система космическая Транспортная воздушный транспорт Грузовой транспорт пассажирский грузовой Воздушный транспорт Речной пассажирский транспорт Речной Прочие виды наземных наземных виды Прочие

Page Page 187

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 85 68 61 55 1 л Разде

Образование с имуществом недвижимым Операции Связь по проживания организации Услуги 2 раздела Наименование

68.2 61.3 61.2 55.3 55.1 3 а Групп 85.3 85.2 85.1

(вторая и третья третья и ступени) образование (вторая Среднее (первая ступень) образование Начальное образование (начальное) Дошкольное или недвижимостью арендуемой управление собственной и Аренда телекоммуникаций спутниковых области в Деятельность связь телекоммуникационная Беспроводная парке трейлерном и автопарке рекреационном кемпинге, в проживания для Услуги услуг гостиницами Предоставление 4 группы Наименование

Scoping Study Scoping

55.30 55.30 55.10 52.29 52.24 5 Класс 85.32 85.32 85.31 85.20 85.10 68.20 61.30 61.20

- Final -

парке трейлерном и автопарке рекреационном кемпинге, в проживания для Услуги услуг гостиницами Предоставление услуги сопроводительные Прочие грузов обработка Транспортная пространства воздушного использования регулирования 6 класса Наименование Техническое и и образование среднее профессиональное Техническое общее и образование среднее Основное (первая ступень) образование Начальное образование (начальное) Дошкольное залы, земли помещения, складские включая выставочные за помещений, нежилых или исключением недвижимостью, арендуемой управление собственной и Аренда телекоммуникаций спутниковых области в Деятельность связь телекоммуникационная Беспроводная

Page Page 188

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 10* л Разде реализации для определенных деятельности, видов проектов приоритетных инвестиционных приоритетных Перечень 2. Часть 93 86 1 л Разде

питания продуктов Производство раздела Наименование и развлечений отдыха организации спорта, области в Деятельность здравоохранения в области Деятельность 2 раздела Наименование

10.1 Группа 93.2 93.1 86.1 85.4 3 а Групп 10.3 10.2

Переработка и и и овощей фруктов консервирование Переработка и и моллюсков ракообразных рыбы, консервирование Переработка и мясных изделий производство и мяса консервирование Переработка Наименование по и развлечений отдыха организации Деятельность спорта области в Деятельность организаций больничных Деятельность образование Высшее 4 группы Наименование

группы – Scoping Study Scoping

93.29 93.29 93.11 86.10. 85.42 85.41 5 Класс 10.32 10.32 10.31 10.20 10.13 10.12 10.11 Класс

- Final -

автоматов с с играми электронными за игровых автоматов эксплуатации виды по исключением развлечений, организации деятельности Прочие объектов спортивных Деятельность организаций больничных Деятельность образование Высшее образование Послесреднее 6 класса Наименование фруктовых и овощных овощных соков и фруктовых и Производство картофеля консервирование и Переработка и моллюсков ракообразных рыбы, консервирование мяса Переработка и мяса птицы домашней из продуктов и Производство птицы домашней мяса и консервирование Переработка мяса консервирование Переработка класса Наименование

отдыха и и отдыха

Page Page 189

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 20 19 16 1 л Разде

Производство Производство и нефтепереработк продуктов и кокса Производство и плетения для из материалов соломки изделий производство кроме мебели; изделий, и пробковых деревянных Производство 2 раздела Наименование

10.8 10.6 10.4 3 а Групп 20.1 19.2 16.2

нефтепереработки продуктов Производство материалов плетения для и пробки, соломки древесины, из продукции Производство прочих питания продуктов Производство и продуктов крахмальных крахмалов промышленности, мукомольной продуктов Производство и и жиров масел животных растительных Производство 4 группы Наименование Производство основных основных Производство

– Scoping Study Scoping

10.62 10.62 10.61 10.42 10.41 10.39 5 Класс 20.11 20.11 19.20 16.21 10.86 10.85 10.83 10.82 10.81

- Final -

и крахмала Производство мукомольно продуктов Производство жиров пищевых аналогичных и маргарина Производство жиров и масел и Производство виды и овощей фруктов консервирования переработки Прочие 6 класса Наименование Производство Производство нефтепереработки продуктов Производство шпона, и панелей плит фанеры, Производство продуктов пищевых диетических и питания детского Производство продуктов пищевых кофе и чая Переработка изделий кондитерских какао, сахаристых и шоколада Производство сахара Производство промышленности Производство готовых готовых Производство

продукции из крахмала из продукции

- крупяной крупяной

Page Page 190

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 1 л Разде

промышленности химической продуктов 2 раздела Наименование

20.3 20.2 3 а Групп 20.5 20.4

Производство прочих прочих продуктов химических Производство средств и косметических продукции парфюмерной средств, препаратов, полирующих и чистящих и моющих мыла Производство веществ, и мастики краски типографской аналогичных красящих и красок, лаков Производство продукции прочей агрохимической и пестицидов Производство и формах первичных в каучука синтетического соединений, пластмасс азотных и удобрений химикатов, 4 группы Наименование

– Scoping Study Scoping

20.15 20.15 20.14 20.13 20.12 5 Класс 20.59 20.59 20.51 20.41 20.30 20.20 20.17 20.16

- Final -

в первичной форме в первичной пластмасс Производство азотосодержащих смесей и удобрений Производство веществ химических органических прочих основных Производство веществ химических неорганических прочих основных Производство и пигментов красителей Производство газов промышленных 6 класса Наименование категории другие в включенных не продуктов, прочих химических Производство веществ взрывчатых Производство и средств полирующих чистящих и моющих, мыла Производство веществ, мастики и краски типографской аналогичных красящих и красок, лаков Производство продукции прочей агрохимической и пестицидов Производство форме первичной в каучука синтетического Производство

Page Page 191

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 23 22 21 1 л Разде

продукции минеральной неметаллической прочей Производство и изделий пластмассовых резиновых Производство продуктов х фармацевтически основных Производство 2 раздела Наименование

23.2 23.1 22.2 21.1 3 а Групп 23.4 23.3

фарфоровых и и изделий керамических прочих фарфоровых Производство глины из материалов строительных Производство изделий огнеупорных Производство стекла из изделий и стекла Производство изделий пластмассовых Производство продуктов фармацевтических основных Производство 4 группы Наименование

– Scoping Study Scoping

23.11 23.11 22.23 22.21 21.20 21.10 5 Класс 23.42 23.42 23.32 23.31 23.20 23.19 23.14 23.13 23.12

- Final -

стекла листового Производство изделий пластиковых строительных и Производство шин для профилей камер листов, пластмассовых Производство препаратов фармацевтических Производство продуктов фармацевтических основных Производство 6 класса Наименование оборудования сантехнического гигиенического керамического Производство прочих глины из обожженной изделий и строительных черепицы кирпича, Производство и плит покрытий керамических Производство изделий огнеупорных Производство прочих и изделий стеклянных обработка Производство стекловолокна Производство полых изделий стеклянных Производство стекла листового обработка и Формование

Page Page 192

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 24 1 л Разде

промышленность я Металлургическа 2 раздела Наименование

23.6 23.5 3 а Групп 24.2 24.1 23.9 23.7

Производство труб, труб, Производство чугуна, ферросплавов истали Производство продукции минеральной неметаллической и прочей изделий абразивных Производство и обработка камня отделка Резка, целей и строительных для цемента гипса бетона, из изделий Производство гипса строительного и извести цемента, Производство 4 группы Наименование

– Scoping Study Scoping

23.61 23.61 23.52 23.51 23.49 23.43 5 Класс 24.20 24.20 24.10 23.99 23.70 23.69 23.65 23.64 23.63 23.62

- Final -

из бетона изделий строительных Производство гипса строительного и извести Производство клинкеры включая цемента, Производство прочих изделий керамических Производство и арматуры изолирующей электроизоляторов керамических Производство 6 класса Наименование Производство труб, труб, Производство чугуна, ферросплавов истали Производство группировки другие в включенной не продукции, минеральной прочей неметаллической Производство и обработка камня отделка Резка, бетона, и цемента гипса из строительного прочих изделий Производство и цемента волокнистого асбестоцемента из изделий Производство сухих для смесей бетонных Производство использования для бетона готового Производство гипса целей строительных из изделий Производство

Page Page 193

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 27 25 1 л Разде

оборудования электрического Производство оборудования электрического Производство и оборудования кроме машин изделий, металлических готовых Производство 2 раздела Наименование

25.2 24.4 24.3 3 а Групп 27.1 25.3

распределительной и и аппаратуры контрольной и распределительной электро трансформаторов генераторов, электромоторов, Производство котлов отопления центрального кроме котлов, паровых Производство и контейнеров резервуаров цистерн, металлических Производство металлов цветных и благородных основных Производство обработки первичной прочих путем изделий стальных Производство стали из фитингов профилей, трубопроводов, 4 группы Наименование

-

– Scoping Study Scoping

24.41 24.41 24.34 24.33 24.32 24.31 5 Класс 27.12 27.12 27.11 25.30 25.29 25.21 24.45 24.44 24.43 24.42

- Final -

(драгоценных) металлов (драгоценных) благородных холодного Производство вытягивания путем проволоки Производство фальцовка или формовка Холодная полос узких и лент прокатка Холодная волочение Холодное стали из фитингов профилей, трубопроводов, 6 класса Наименование аппаратуры и регулирующей и распределительной электро Производство трансформаторов генераторов электромоторов, Производство котлов отопления центрального кроме и котлов, паровых Производство контейнеров резервуаров цистерн, прочих металлических Производство котлов отопления центрального и радиаторов Производство прочих металлов цветных Производство меди Производство свинца, и олова цинка Производство алюминия Производство

-

Page Page 194

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 28 1 л Разде

включенных в в и категории другие включенных не оборудования, машин Производство 2 раздела Наименование

28.1 27.9 27.4 27.3 27.2 3 а Групп 28.2

техники общего общего назначения прочей техники Производство машин назначения общего Производство оборудования прочего электрического Производство оборудования осветительного электро Производство и приборов электропроводных электропроводки Производство аккумуляторов и батарей Производство 4 группы Наименование

– Scoping Study Scoping

- 27.40 27.40 27.33 27.32 27.31 27.20 5 Класс 28.29 28.29 28.25 28.14 28.13 28.12 28.11 27.90

- Final -

кабеля оборудования осветительного электро Производство электроприборов Производство кабеля и прочих электропровода видов Производство волоконно Производство аккумуляторов и батарей Производство 6 класса Наименование включенных в другие другие группировки в включенных не назначения, общего оборудования и прочих машин Производство и оборудования вентиляционного холодильного промышленного Производство прочих и вентилей кранов Производство клапанов ипробок компрессоров, прочих насосов, Производство оборудования гидравлического Производство и двигателей мотоциклетных авиационных, автомобильных турбин, кроме и двигателей Производство оборудования электрического Производство прочего прочего Производство

- оптического оптического

- Page Page 195

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 29 1 л Разде

грейдеров и и средств, полуприцепов грейдеров х автотранспортны Производство 2 раздела Наименование

29.1 28.9 28.4 28.3 3 а Групп 29.3 29.2

средств и их двигателей их и средств автотранспортных принадлежностей и частей и Производство полуприцепов трейлеров производство автотранспортных средств; кузовов для Производство средств автотранспортных Производство техники назначения специального прочих видов Производство и станков механических металлов для давлением обработки оборудования Производство и техники лесохозяйственной хозяйственной сельско Производство 4 группы Наименование

– Scoping Study Scoping

- 28.91 28.91 28.49 28.41 28.30 5 Класс 29.32 29.32 29.31 29.20 29.10 28.99 28.92

- Final -

оборудования для для металлургии оборудования и машин Производство станков обрабатывающих прочих металло Производство металлов для давлением обработки оборудования Производство и техники лесохозяйственной хозяйственной сельско Производство 6 класса Наименование Производство прочих прочих Производство для средств автотранспортных и оборудования электронного и электрического Производство полуприцепов трейлеров производство средств; автотранспортных кузовов для Производство средств автотранспортных Производство не другие группировки в включенных назначения, специального оборудования и прочих машин Производство строительства и разработки подземной промышленности, горнодобывающей техники для Производство

-

- Page Page 196

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB для реализации инвестиционных приоритетных проектов с предоставлением предоставлением с проектов приоритетных инвестиционных субсидии инвестиционной реализации для 10* Государственной рамках в деятельности видов приоритетных индустриально Перечень программы 3. Часть 93 ** 86 ** 56*** 55** 49** 30 1 л Разде

продуктов продуктов Производство и развлечений отдыха организации спорта, в области Деятельность здравоохранения области в и Деятельность напитков по питания продуктов предоставлению Услуги по проживания организации по Услуги трубопроводам и е транспортировани транспорт средств транспортных прочих Производство 2 раздела Наименование Сухопутный Сухопутный

86.1 56.1 55.1 49.3 30.2 3 а Групп 10.1 93.2 - инновационного развития Республики Казахстан, определенных определенных Казахстан, Республики развития инновационного

Переработка и и и мяса консервирование Переработка по и развлечений отдыха организации Деятельность организаций больничных Деятельность продуктов питания доставке по услуги и Рестораны услуг гостиницами Предоставление пассажирский транспорт сухопутный Прочий и состава подвижного локомотивов железнодорожных Производство 4 группы Наименование

– Scoping Study Scoping

49.39 49.39 30.20 5 Класс 10.11 10.11 9 93.29. 3 86.10. 56.10 55.10

- Final -

горнолыжными и и подъемниками канатными горнолыжными дорогами, канатными конвейерами, управление категориям: другим к отнесенные не и перевозок, пассажирских наземных виды Прочие состава подвижного локомотивов и железнодорожных Производство двигателей их и средств автотранспортных принадлежностей частей 6 класса Наименование Переработка и и мяса консервирование Переработка с играми электронными за игровых автоматов эксплуатации виды по исключением и развлечений, отдыха организации деятельности Прочие санаторно Деятельность продуктов питания доставке по услуги и Рестораны услуг гостиницами Предоставление организаций

- курортных курортных

Page Page 197

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 1 л Разде

питания 2 раздела Наименование

10.6 10.4 10.3 10.2 3 а Групп 10.8

Производство прочих прочих питания продуктов Производство и продуктов крахмальных крахмалов промышленности, мукомольной продуктов Производство и и жиров масел животных растительных Производство и и овощей фруктов консервирование Переработка и и моллюсков ракообразных рыбы, консервирование Переработка мясных изделий производство 4 группы Наименование

– Scoping Study Scoping

10.31 10.31 10.20 10.13 10.12 5 Класс 10.86 10.86 10.85 10.83 10.82 10.81 10.62 10.42 10.41 10.39 10.32

- Final -

фруктовых и овощных овощных соков и фруктовых и Производство картофеля консервирование и Переработка и моллюсков ракообразных рыбы, консервирование мяса Переработка и мяса птицы домашней из продуктов и Производство птицы домашней мяса консервирование Переработка 6 класса Наименование Производство детского детского Производство продуктов пищевых кофе и чая Переработка изделий кондитерских какао, сахаристых и шоколада Производство сахара Производство крахмала из и продукции крахмала Производство жиров пищевых аналогичных и маргарина Производство жиров и масел и Производство виды и овощей фруктов консервирования переработки Прочие Производство готовых готовых Производство

Page Page 198

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB 24 20 19 1 л Разде

промышленность я Металлургическа промышленности химической продуктов Производство и нефтепереработк продуктов и кокса Производство 2 раздела Наименование

24.2 24.1 20.2 20.1 19.2 3 а Групп 24.4 24.3

металлов цветных и благородных основных Производство обработки первичной прочих путем изделий стальных Производство стали из фитингов труб, профилей, трубопроводов, Производство чугуна, ферросплавов истали Производство продукции прочей агрохимической и пестицидов Производство и формах первичных в каучука синтетического соединений, пластмасс азотных и удобрений химикатов, нефтепереработки продуктов Производство 4 группы Наименование Производство основных основных Производство

– Scoping Study Scoping

20.16 20.16 20.15 20.14 19.20 5 Класс 24.41 24.41 24.34 24.33 24.32 24.31 24.20 24.10 20.20 20.17

- Final -

в первичной форме в первичной пластмасс Производство азотосодержащих смесей и удобрений Производство веществ химических органических прочих основных Производство нефтепереработки продуктов Производство продуктов пищевых диетических и питания 6 класса Наименование (драгоценных) металлов (драгоценных) благородных холодного Производство вытягивания путем проволоки Производство фальцовка или формовка Холодная полос узких и лент прокатка Холодная волочение Холодное стали из фитингов труб, профилей, трубопроводов, Производство чугуна, ферросплавов истали Производство продукции прочей агрохимической и пестицидов Производство форме первичной в каучука синтетического Производство

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ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB

27 25 1 л Разде

оборудования электрического Производство и оборудования кроме машин изделий, металлических готовых Производство 2 раздела Наименование

27.2 27.1 25.3 25.2 3 а Групп 27.9 27.4 27.3

Производство прочего прочего Производство оборудования осветительного электро Производство и приборов электропроводных электропроводки Производство аккумуляторов и батарей Производство и аппаратуры контрольной и распределительной электро трансформаторов генераторов, электромоторов, Производство котлов отопления центрального кроме котлов, паровых Производство и контейнеров резервуаров цистерн, металлических Производство 4 группы Наименование -

– Scoping Study Scoping

-

25.29 25.29 25.21 24.45 24.44 24.43 24.42 5 Класс 27.90 27.90 27.40 27.33 27.32 27.31 27.20 27.12 27.11 25.30

- Final -

кабеля резервуаров и и контейнеров резервуаров цистерн, прочих металлических Производство котлов отопления центрального и радиаторов Производство прочих металлов цветных Производство меди Производство свинца, и олова цинка Производство алюминия Производство 6 класса Наименование оборудования осветительного электро Производство электроприборов Производство кабеля и прочих электропровода видов Производство волоконно Производство аккумуляторов и батарей Производство аппаратуры и регулирующей и распределительной электро Производство трансформаторов генераторов электромоторов, Производство котлов отопления центрального кроме котлов, паровых Производство Производство прочего прочего Производство

- оптического оптического

- -

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ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB

29 28 1 л Разде

грейдеров и и средств, полуприцепов грейдеров х автотранспортны Производство в и категории другие включенных не оборудования, машин Производство 2 раздела Наименование

29.3 29.2 29.1 28.2 3 а Групп

средств и их двигателей их и средств автотранспортных принадлежностей и частей Производство и полуприцепов трейлеров производство автотранспортных средств; кузовов для Производство средств автотранспортных Производство общего назначения прочей техники Производство оборудования электрического 4 группы Наименование

– Scoping Study Scoping

29.20 29.20 29.10 28.25 5 Класс 29.32 29.32 29.31

- Final -

средств автотранспортных трейлеров и и полуприцепов трейлеров производство средств; автотранспортных кузовов для Производство средств автотранспортных Производство и оборудования вентиляционного холодильного промышленного Производство оборудования электрического 6 класса Наименование частей и и двигателей их и средств автотранспортных принадлежностей прочих частей Производство и оборудования электронного электрического Производство

для для

Page Page 201

ANNEXES ADB Kazakhstan: Scoping the Green Investments Finance Program Program Finance Investments Green Scoping the Kazakhstan: ADB The main directions and sectors: countries and organizations. managem successful and t practical of infrastructure transfer and and investment, and conditions technology create to measures provides Programme The economiclegal, and institutional conditions replacement for the theof existi an national of reform and business green of fields long-term and th economy the greening for mechanism a is Programme Bridge" "Green The create new and long-term green jobs. world, developing the in countriesdeveloped t the from innovations investment, green for basis long-term and stable a provide will Bridge" voluntar and cross-sectorial multilateral, a is Programme Bridge Green The BridgeProgramme 6: Green Annex Pacific,representing 95 countries, 70% ofthe world's population and over 90% of GH 7 the on presented for Programme Bridge" "Green The 2011). Astana, (UNECE, Europe" and for "Environment 2010), Astana, (ESCAP, region Pacific 6 theinitiated Programme was by The ......

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y Partnership Programme. "Green Programme. Partnership y ng economyng a to green economy. - Final - ransfer of new technologies and technologies new of ransfer rough the development of new of development the rough n xeinet interested to experience ent ipoe ces o green to access improve o

G emissions. G Europe, Asia and theand Asia Europe,