EBRD

The European Bank for Reconstruction and Development (EBRD) and Kazakhstan have agreed to develop a long-term cooperation strategy to achieve carbon neutrality of the country’s power sector by 2060. The accord will further cement Kazakhstan's status as a regional renewable energy leader in Central Asia.

The roadmap for the decarbonisation strategy was signed by Kazakhstan’s Minister of Energy Nurlan Nogayev and by EBRD President Odile Renaud-Basso on March 31st, 2021, during her first visit to Central Asia’s largest state.

The call of Azerbaijan on the establishment of a green energy zone in the country’s liberated territories covering the Karabakh region was positively appreciated by international structures, reports the Ministry of Energy.

Opportunities for cooperating with international financial institutions for the creation of such zone were discussed at the coordination meeting held online by the ministry, and the international structures voiced their interest in the relevant cooperation.