A meeting of the Council for Improving the Investment Climate, chaired by Prime Minister Askar Mamin, considered the issues of the development of renewable energy sources and the transition of Kazakhstan to a low-carbon economy, the press service of the Prime Minister.
The Prime Minister noted that the government intends to double the share of renewable energy sources in total energy production to 6% already in 2023, and not in 2025, as previously planned.
The head of government stressed that Kazakhstan has taken a number of structural measures to improve the investment environment in order to attract foreign capital and advanced technologies to the development of alternative energy. As a result, 25 renewable energy projects with a total capacity of almost 600 MW were commissioned in 2020. The volume of investments exceeded $ 510 million. According to him, Kazakhstan is stepping up measures to implement its obligations in the framework of the global fight against climate change. In order to implement the Paris Agreement of the Republic of Kazakhstan by 2030, the government is targeting a 15% reduction in greenhouse gas emissions.
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