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Prime Minister of the Republic of Kazakhstan Alikhan Smailov held a meeting of the Council for Improving Investment Climate

The Council for Improving Investment Climate (CIIC), chaired by the Prime Minister of the Republic of Kazakhstan Alikhan Smailov, addressed the issues of financing obligations under the climate pact and further strengthening Kazakhstan's international position in promoting the green agenda.

Kazakhstan was among the first countries to ratify the Paris Agreement and announced ambitious goals for the decarbonization of its economy. The Government of the Republic of Kazakhstan is taking significant steps to prepare key documents relating to new areas of development that meet modern realities.

Alikhan Smailov stresses that in 2021 a new Environmental Code has been adopted, which defines the standards of state environmental regulation, stimulates the attraction of green investments and ensures the fulfillment of international environmental obligations.

“To stimulate the development of environmentally friendly energy sources, a new Law on the alternative energy development is being developed. The new Concept of the investment policy of Kazakhstan until 2025 will be based on the observance of the ESG principles and green economy,” said the Prime Minister of the Republic of Kazakhstan.

For these purposes, the Doctrine of Carbon Neutrality by 2060 is currently being developed aimed to set the strategic path of the state policy concerning the consistent transformation of Kazakhstan’s economy. Kazakhstan, despite the challenges faced by the globe community, has maintained its commitment to global sustainable development and is ready for further systematic and consistent work in this direction.

 Source: https://primeminister.kz/ru/news/premer-ministr-rk-a-smailov-provel-zasedanie-soveta-po-uluchsheniyu-investicionnogo-klimata-112578

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