EBRD-financed solar plant in Chulakkurgan
THE EBRD IN KAZAKHSTAN
Related SDGs
Green economy transition, EBRD Green Cities and renewable energy
2015-20
EBRD score Kazakhstan is the largest emitter of greenhouse gases in Central Asia, (1-worst, 10-best) registering one of the highest CO2 intensities in the world. More than 70 CO₂ emissions per cent of Kazakhstan’s electricity is produced in ageing coal-fired plants, from residential served by large volumes of cheap local coal, in the north-east of the country. buildings Consequently, the energy sector, in particular power and heat generation, CO₂ emissions from transport accounts for 80 per cent of the country’s carbon emissions. With rapid Electricity economic growth and increasing electricity and energy demands, it has production become essential for Kazakhstan to invest in a more decentralised, balanced from renewables and environmentally friendly energy supply system that includes a range of Environmental technology renewable resources. Therefore, Kazakhstan has embarked on building a green patents economy, leading the charge among its Central Asian neighbours. 0 1 2 3 4 5 6 Kazakhstan OECD comparators Central Asian average
How we work In numbers (2015-20) Quick links > Green Economy Transition The EBRD promotes a shift to more €1.37 billion environmentally friendly energy supply Green economy financing > Green Economy Financing systems and performance by investing in commitments Facility municipal sectors, renewables, energy- > Green Climate Fund efficient technologies and resource 15 efficiency. We combine investments with Renewable energy projects (with policy dialogue to develop a good €237 million in operating assets) regulatory framework for sustainable energy, water and resource use. Through EBRD Green Cities, we support €237 million EBRD Green Cities offers more than €2.5 municipalities in developing Green City Cumulative disbursements under the billion of EBRD and donor support to Action Plans to address key GEFF and Renewables Framework address cities' most pressing environmental environmental challenges and to invest in challenges through sustainable infrastructure. The EBRD also investment, policy actions provides green credit lines via partner and capacity-building in banks, such as the Green Energy the economies where the Financing Facility (GEFF), which uses the EBRD invests. Green Climate Fund to provide technical advice to lenders and borrowers.
Data relate to EBRD activities in Kazakhstan between 2015 and 2020.
resilience proje cts . Achievements and results: Green economy transition, EBRD Green Cities and renewable energy Increased renewable energy We promoted energy efficiency and in the energy mix increased renewable energy by: The EBRD is helping to gradually shift power generation from coal and gas by ► improving legislation on renewable energy ► promoting women's access to green financing an increase in renewable energy to develop carbon markets, introducing finance and green entrepreneurship (for capacity by an estimated 687 MW, renewable energy auctions and developing a example, through gender activities under corresponding to almost half of the green financial system approach with the the GEFF and the Kazakhstan Renewables country’s renewable capacity. Most of the Astana International Financial Centre Framework). newly installed capacity (463 MW) is financed through the EBRD's Renewables Framework. ► financing the first solar power plant A level playing field for (Burnoye Solar) under the country’s new more competition renewable energy legislation, supported by EBRD advice helped the government to the Clean Technology Fund as one of the abandon its local-content premium to country's first privately owned renewable attract private investors to the renewable energy generators energy sector and to improve the likely financial success of power purchase ► investing and partnering with private co- agreements. financiers (such as investors from the United Kingdom, France, China and The EBRD’s Kazakhstan Germany) to improve the electricity grid Energy saved Renewables Framework for renewable energy projects An estimated 9.5 million GJ/year of energy received an award for its was saved through EBRD-supported solar contribution to the power investments, corresponding to the We helped to reduce vulnerability electricity use of more than 300,000 homes development of a green to climate change and address for one year. financial system in the environmental challenges by: country at the Nur-Sultan International Financial ► financing the shift from coal to more ► supporting companies in improving their Centre Finance Awards. sustainable alternatives, for example, by operational efficiency and compliance, for supporting the modernisation of the gas example, through ozone-friendly network to enhance gasification while hydrocarbon refrigerators for Caspian reducing pollutant greenhouse-gas Beverage Holding. emissions and methane leaks and supporting tariff reform in the sector Greener cities Cleaner air Over 3.4 million people in southern and ► launching EBRD Green Cities in four cities EBRD-supported gas modernisation eastern Kazakhstan are expected to benefit (Almaty, Semey, Shymkent and Ust projects have led to an estimated 2.5 from cleaner cities and sustainable Kamenogorsk) to address environmental million-tonne reduction in CO2 infrastructure under the EBRD Green challenges by developing Green City emissions and 2.7 million tonnes of coal Cities programme. Action Plans and undertaking saved from burning, equivalent to removing more than 500,000 cars from infrastructure investments, policy actions the road for one year. and capacity building
Supporting a low-carbon transition in Reducing energy loss in Pavlodar and Atyrau: The EBRD financed the construction Petropavlovsk: The EBRD supported the and grid connection of an 11MW installation of more than 16,100 smart cogeneration gas-engine-based power plant in meters across the northern cities of Atyrau, introducing new high efficiency and Pavlodar and Petropavlovsk, contributing low carbon distributed generation technology. to a reduction in electricity losses (of 6.3 The grid has achieved an electric efficiency per cent on average) and increase in improvement of more than 40 per cent, and is collection rates. estimated to reduce carbon emissions by more than 40,000 tonnes of CO2 per year. Increasing renewable energy in Chulakkurgan: Under the Kazakhstan Making cement production more energy Renewables Framework, the EBRD financed efficient in Shymkent: The EBRD financed a 50MW greenfield solar project in the rural new dry lines and alternative fuels to Chulakkurgan district. The project is transform a local cement plant and make it supporting the entry of a new private the most energy-efficient plant in the country. The Bank also engaged in policy player into the Kazakh power market and dialogue with the Kazakh cement industry is expected to contribute to annual CO2 and authorities to set higher environmental savings of 68,000 tonnes. standards in the sector.
Data relate to EBRD activities in Kazakhstan between 2015 and 2020.