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Initiative to support resource-saving projects launched in Kazakhstan

Business Materials 16 August 2019 16:01 (UTC +04:00)

Baku, Azerbaijan, August 16

By Nargiz Sadikhova - Trend:

The national chamber of entrepreneurs of Kazakhstan (Atameken) is launching the "Zhasyl kasip" initiative project to support ecological and resource-saving projects of companies, said the Deputy Chairman of the Board of Atameken Yevgeniy Bolgert, Trend reports with reference to the press office of Atameken.

“Entrepreneurs have become much more aware of the issues of energy-saving and greening of business. However, to date, the potential for reducing the energy intensity of the economy remains untapped,” the report said.

"Within six years, certain results have been achieved. But if you look at the figures, there is no significant reduction in energy intensity. Kazakhstan ranks only 119th out of 143 countries in the International Energy Agency's rating of energy intensity,” Bolgert said.

He further stated that the analysis has been conducted which revealed that about 25,000 Kazakh subjects are in the loop of energy efficiency policy, but only two percent have developed plans for energy-saving measures.

“This indicates a low involvement of business and, above all, the real sector and the need to reload the energy-saving policy,” Bolgert noted.

According to Bolgert, Kazakhstan needs to develop a comprehensive plan to reduce the energy intensity of economy, including the basic sectors, to effectively implement the planned indicators.

"We need to shift the focus and deploy incentives and support mechanisms towards the real sector of the economy. We need to move away from an administrative approach and support only for the public sector. It is necessary to work with large and medium-sized energy-intensive enterprises, help them to reduce production costs, develop the production of energy-efficient technologies in Kazakhstan," he said.

According to him, the introduction of green technologies by industry leaders, such as Kamkor Management group of companies, will give the necessary impetus to green the country's industrial sector.

"Understanding our responsibility as a big business, we are taking confident steps and cannot stay away from the issue of environmental protection. In particular, the Concept of Kamkor Green reflects all directions and steps for the transition to a green economy,” the General Director of the Kamkor Management group of companies Dias Suleimenov said.

The Green program of the company is designed for 10 years and includes five significant projects from the landscaping of mono-cities to the production of polymeric composite sleepers. By 2030, the company intends to plant 51,000 trees in small towns in Kazakhstan, and the key goal is to reduce greenhouse gas emissions by 100 percent.

Furthermore, the Kamkor Management group of companies and the Coalition for Green Economy and Development of G-Global signed a memorandum of cooperation on the issues of the green economy.

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