President Kassym-Jomart Tokayev spoke about the prospects for renewable and alternative energy in Kazakhstan.
Speaking at the Abu Dhabi Sustainable Development Week summit, he noted that Kazakhstan is the first country in Central Asia to adopt a long-term strategy to achieve carbon neutrality. This strategy defines the best ways to achieve nationally determined climate change contribution targets.
“The national quota and trading system for greenhouse gas emissions has already proven its effectiveness as a mechanism to stimulate the reduction of emissions and the development of energy efficiency technology. Our common goal is to bridge the gap between the national and European emissions trading systems. All these measures will ensure that the obligations of the Paris Agreement are met by 2030 year,” Kassym-Jomart Tokayev said.
The President informed the summit participants about the prospects for the development of renewable and alternative energy in Kazakhstan.
“The abundance of wind and sun, as well as the vast territory of our country, can make Kazakhstan a leader in this sector, able to contribute to global climate protection efforts. In this regard, we are improving the regulatory framework, creating the most attractive conditions for investors. In In general, according to our plans, 6.5 GW of renewable energy resources will be introduced in Kazakhstan by 2035. Another promising area is green hydrogen. International experts believe that our country can become one of the ten largest exporters of hydrogen ,” he said.
The head of state pointed out the importance of using the potential of nuclear energy as one of the important factors in reducing greenhouse gas emissions.
“Our country ranks first in the world in the production of natural uranium. We produce nuclear fuel components domestically and have the appropriate capabilities to further promote the safe use of nuclear energy. In our opinion, this is a very promising area for trade and investment at the regional and global levels “, the President stressed.