Kazakhstan plans to implement nearly 20 energy efficiency projects. At the Mazhilis meeting on attracting investments in energy efficiency, it was stressed that all these projects were included in the so-called Energy Efficiency Map. This document indicates the sources of funding and specific plans for their implementation. The part of projects are planned to be implemented on the basis of public-private partnership. Also, the international financial institutions such as the World Bank, the Asian Development Bank, the European Investment Bank, as well as the U.S. Agency for International Development and the United Nations Development Programme were identified as strategic investors.

ALBERT RAU, VICE MINISTER FOR INVESTMENTS AND DEVELOPMENT:

This is a set of projects, which clearly stipulates the necessary amount of funds, efficiency. To date, the enterprises have filed 113 applications worth 65 billion tenge, which are now included in the special Map. We have agreed on implementation as part of Damu program. Damu Fund attracts $200 million for projects in the field of small business. It will be a good tool to support projects on energy efficiency.

According to MPs, with the aim to improve energy efficiency it is necessary to remove barriers to energy service companies, in addition, to establish financial mechanisms to support “green projects”. The goals to attract investments in energy saving projects are stipulated in the 59th step of the National Plan “100 concrete steps”.

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