GCF-EBRD Kazakhstan Renewables Framework
Supporting the construction of 8-11 renewable energy projects in Kazakhstan, with a total capacity of 330 MW.
Around 91% of Kazakhstan’s electricity is generated from fossil fuels, making it one of the largest emitters of greenhouse gases in Central Asia. Diversification of energy sources, and the decarbonisation of the economy is a priority of the Kazakhstan government, which is introducing feed-in tariffs and an auction scheme to promote this transition. However, lack of appropriate financing mechanisms has delayed the development of new projects to respond to these policies. GCF’s investment will scale-up investment in renewables, crowding-in low-carbon investors through a programme of investment, and creating a viable alternative to cheap coal-based power. The programme will also provide technical assistance, building institutional capacity for energy integration, policies and planning.
The project has an estimated lifespan of 20 years.
- Private sector
- Public sector
General media inquiriesGCF Communications
Phone +82 10 4458 7751
Request for informationGCF Information Disclosure
Request information about this project
Project complaints and grievancesGCF Independent Redress Mechanism (IRM)
Phone +82 32 458 6157
File a complaint
Integrity issuesGCF Independent Integrity Unity (IIU)
Phone +82 32 458 6155
National Designated Authority
Ministry of Ecology, Geology and Natural Resources of the Republic of Kazakhstan
Vice-Minister of Ecology, Geology and Natural Resources
8, House of Ministries, Nur-Sultan, Kazakhstan
Head of Adaptation to Climate Change Unit, Climate Policy and Green Technologies Department
Director of Climate Policy and Green Technologies Department