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Kazakhstan, IMF discuss implementation of climate strategy

Kazakhstan Materials 31 May 2024 17:25 (UTC +04:00)
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, May 31. The Ministry of Ecology and Natural Resources of Kazakhstan and the International Monetary Fund (IMF) have discussed the implementation of the climate strategy of the government of Kazakhstan, Trend reports.

Discussions took place during a meeting between Deputy Minister of Ecology and Natural Resources of Kazakhstan Zhomart Aliyev and representatives of the IMF.

Zhomart Aliyev spoke about the preparation of the roadmap for the Strategy for Achieving Carbon Neutrality in Kazakhstan until 2060 by the end of this year. Along with this, the ongoing work within the framework of regulatory instruments was noted, such as the emissions trading system, the introduction of the best available techniques, and others.

The IMF's main focus was on the investment policy for implementing the strategy and climate projects. IMF representatives described activities in the field of macroeconomic analysis that reflect economic diversification in the climate change field.

To note, the International Monetary Fund is a specialized UN agency established on December 27, 1945, to develop international cooperation in the monetary and financial sphere, work together on economic problems, lend and advise debtor countries, and collect and publish international financial statistics.

Kazakhstan has been a member of the IMF since 1992. During this time, a number of mutually beneficial agreements have been concluded between our country and the Fund. The IMF mission annually visits Kazakhstan for consultations.

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