Almaty

Atyrauskaja oblast'

Shymkent

Batys Qazaqstan oblysy

Zhambyl oblysy

Zhetisū oblysy

Karagandinskaja oblast'

Kostanajskaja oblast'

Kyzylordinskaja oblast'

Mangghystaū oblysy

Pavlodar oblysy

Severo-Kazahstanskaja oblast'

Turkestankaya oblast'

Abajskaja oblast’

Ulytauskaja oblast’

Akmolinskaja oblast'

Shyghys Qazaqstan oblysy

Aktjubinskaja oblast'

Astana

Almatinskaja oblast'

Kazakhstan

Strengthening Republic of Kazakhstan’s national capacities to meet the enhanced transparency framework (ETF) for climate change mitigation and adaptation actions and support needed and received for the sectors covered by nationally determined contributions (NDCs)

Local CSOs and CBOs in landscapes-seascapes around the world access grant financing and technical assistance, including capacity development and knowledge sharing to maintain and enhance their socio-ecological resilience, well-being and socio-economic conditions for global environmental benefits.

Mobilising private sector climate finance is an urgent priority to enable vulnerable countries to move towards a climate-resilient future rapidly.

This programme aims to achieve a systemic transformation of the financial sector in 13 countries by providing concessional financing for climate change mitigation and adaptation projects for small and medium enterprises, housing associations, municipalities, public utilities, and others.

Building upon Green Economy Financing Facility (FP025), it aims to leverage existing networks in each of the participating countries to develop climate-compatible financial systems, so that five per cent of banking sector assets, amounting to USD 180 billion, will be channeled to Paris-aligned pathways by the tenth year of programme implementation.

The programme comprises a lending envelope of USD 620 million for banks, microfinancing institutions and leasing companies, and a grant-funded technical assistance facility of USD 49 million to assist financial institutions with developing green transition plans. To foster gender-inclusive development and greater economic inclusion, the programme intends to commit at least 20 per cent of the loans to women or women-led businesses and 30 per cent to end borrowers outside the countries’ main cities.

The project aims to support the Government of Kazakhstan with the enabling activities necessary to prepare its First Biennial Transparency Report (BTR1) as a standalone report and the Ninth National Communication and the Second Biennial Transparency Report (NC9/BTR2) as a combined report, to be submitted to the United Nations Framework Convention on Climate Change (UNFCCC) in 2024 and 2026 respectively, in accordance to its reporting obligations under the UNFCCC and the Paris Agreement and in line with the Modalities, Procedures and Guidelines (MPGs) for the enhanced transparency framework for action and support referred to in Article 13 of the Paris Agreement (Decision 18/CMA .1) and the guidance on operationalizing the MPGs as per Decision 5/CMA.3.

Geography

Kazakhstan

Recent documents

Adaptation Fund

Climate Investment Funds

Green Climate Fund

Global Environment Facility