Kazakhstan – The Path Toward Greener and More Sustainable Growth

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00:09 No country can afford not to decarbonize,

00:12 first of all,

00:13 because we're all global citizens and we all have to

00:15 do our part to fight the challenge of climate change,

00:18 otherwise we're going to continue to see

00:20 the kind of climatic disasters that are affecting all parts of the world,

00:24 including Kazakhstan.

00:25 But in addition,

00:26 Kazakhstan faces a particular challenge in terms of its trade and economic growth.

00:31 Because

00:32 many parts of the world are planning to put in place carbon taxes,

00:36 carbon tariffs,

00:37 which will directly impact

00:39 the types of goods and services that Kazakhstan produces,

00:42 which are currently quite carbon intensive.

00:44 So the challenge is to determine how to build

00:47 this economy on a less carbon intensive set of activities

00:51 that can remain competitive in the world.

00:55 Absolutely they are achievable,

00:57 but they do cost money and they will require

01:00 courageous changes in terms of policies,

01:03 and all citizens need to participate in that change.

01:06 It means changing the energy mix,

01:08 of course,

01:08 and we see Kazakhstan rapidly expanding

01:11 its share of renewable.

01:12 Particularly wind power,

01:14 solar,

01:15 and hydropower,

01:16 and all of those need to be expanded in

01:18 order to achieve those targets while at the same time

01:21 increasing energy efficiency

01:23 and doing other mitigating activities that help to

01:26 sequester carbon such as forests and grasslands.

01:31 The way we are engaging with Kazakhstan is in a number of areas.

01:35 First of all,

01:36 we want to help Kazakhstan determine what is the best pathway

01:40 towards achieving its 2030,

01:41 2050,

01:42 2060 goals in terms of decarbonization

01:45 and adaptation and climate resilience,

01:48 and we want To help Kazakhstan determine what are

01:50 the ways that make sense economically but also socially

01:53 to ensure that people are at the center of the transition

01:56 and that the welfare of people is enhanced through this transition,

02:00 not deteriorated by the transition

02:02 towards a more sustainable and green economy.

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No country can afford not to decarbonize, first of all, because we're all global citizens and we all have to do our part to fight the challenge of climate change, otherwise we're going to continue to see the kind of climatic disasters that are affecting all parts of the world, including Kazakhstan. But in addition, Kazakhstan faces a particular challenge in terms of its trade and economic growth. Because many parts of the world are planning to put in place carbon taxes, carbon tariffs, which will directly impact the types of goods and services that Kazakhstan produces, which are currently quite carbon intensive. So the challenge is to determine how to build this economy on a less carbon intensive set of activities that can remain competitive in the world. Absolutely they are achievable, but they do cost money and they will require courageous changes in terms of policies, and all citizens need to participate in that change. It means changing the energy mix, of course, and we see Kazakhstan rapidly expanding its share of renewable. Particularly wind power, solar, and hydropower, and all of those need to be expanded in order to achieve those targets while at the same time increasing energy efficiency and doing other mitigating activities that help to sequester carbon such as forests and grasslands. The way we are engaging with Kazakhstan is in a number of areas. First of all, we want to help Kazakhstan determine what is the best pathway towards achieving its 2030, 2050, 2060 goals in terms of decarbonization and adaptation and climate resilience, and we want To help Kazakhstan determine what are the ways that make sense economically but also socially to ensure that people are at the center of the transition and that the welfare of people is enhanced through this transition, not deteriorated by the transition towards a more sustainable and green economy.

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Kazakhstan The Path Toward Greener and More Sustainable Growth

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Kazakhstan The Path Toward Greener and More Sustainable Growth

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