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The Department of the Kyoto Protocol of the Ministry of Environment Protection of the Republic of Kazakhstan informs that on 15 March 2010, the office meeting of Clean Technology Fund (hereinafter - the Fund) took place in Manila (Philippines), in which the Board of Trustees approved the Investment Plan concessional co-financing for clean technology in Kazakhstan in the amount of 200 million . U.S. dollars worth of funding from international development banks 1.01 billion U.S. dollars.
In December 2010 the Fund approved an updated draft of the Investment Plan. Based on this approval, the European Bank for Reconstruction and Development (EBRD) and International Finance Corporation (IFC) started to develop appropriate programs in accordance with the investment plan and began presentation of funding for projects in three areas:
  • Upgrading district heating systems;
  • The development of renewable energy sources;
  • Energy efficiency at the expense of consumers.

The second direction, a program of the Bank's power generation from waste (waste recycling), which provides for the implementation of financing worth $ 100 million.

For the above areas may attract promising projects in the proposed CTF financial instruments that meet the requirements of the EBRD or the IFC and the conditions of the fund.

To know more please visit www.eco.gov.kz

Date: Friday, December 2, 2011

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