Kazakhstan’s Ministry of Energy and the European Bank for Reconstruction and Development (EBRD) held talks on advancing cooperation in decarbonization, renewable energy and modernization of the country’s power infrastructure.
Vice Minister of Energy Sungat Yesimkhanov thanked the bank for its long-standing support of Kazakhstan’s energy sector. He reaffirmed the country’s goal of carbon neutrality by 2060 and stressed its active low-carbon economic policies.
The sides reviewed targets to boost renewables from 6% to 15% by 2030 and 50% by 2050, and discussed attracting investors through annual auctions. They also highlighted the Memorandum of Understanding between the Ministry and the EBRD, under which nearly $590 million in renewable energy projects have been financed, adding 788 MW of capacity.
Discussions also covered the Just Energy Transition Platform (JETP), announced by Kazakhstan's President Kassym-Jomart Tokayev at the UN General Assembly, which aims to attract climate financing and ensure an inclusive energy transition.
The integration of Western Kazakhstan’s grid with the national system, in partnership with KEGOC, was another focus, along with a joint project to enhance Astana’s power supply through a second power center and 500 kV transmission line, set for completion in 2028.
The Ministry expressed readiness to further deepen its partnership with the EBRD through priority projects supporting sustainable energy transition.
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The United States has warned Oman against supporting any effort to impose tolls in the Strait of Hormuz, saying Washington would penalise any parties involved in facilitating such a system.
A renewed wave of U.S. diplomatic activity in the South Caucasus highlights Washington’s growing focus on regional connectivity, trade and security, according to Associate Professor George Mchedlishvili of European University in Tbilisi.
Kyrgyzstan has signed a series of cooperation agreements with China and Belarus at the Fifth Forum of Regional Leaders of Shanghai Cooperation Organisation (SCO) member states, underlining the country's growing economic engagement within the regional bloc.
A group of Azerbaijani civil society organisations has called for increased scrutiny of Swiss building materials giant Holcim, citing court rulings and ongoing investigations linked to its subsidiary Lafarge's activities during the Syrian conflict.
The U.S. and Iran have reportedly reached a preliminary 60-day ceasefire and nuclear talks deal, pending Donald Trump’s approval, Axios reports. Meanwhile, the GCC condemned Iran’s missile strike on a U.S. airbase in Kuwait, which Tehran said was retaliation for a U.S. strike near Bandar Abbas.
Bolivia’s President Rodrigo Paz has taken steps towards potentially declaring a state of emergency as anti-government protests intensify in the early months of his administration.
The World Health Organization (WHO) says ongoing conflict, funding pressures and international travel restrictions are complicating efforts to contain a fast-growing Ebola outbreak in the Democratic Republic of Congo (DRC).
A group of Azerbaijani civil society organisations has called for increased scrutiny of Swiss building materials giant Holcim, citing court rulings and ongoing investigations linked to its subsidiary Lafarge's activities during the Syrian conflict.
Russia and Kazakhstan signed 15 agreements during President Vladimir Putin’s state visit to Astana on Thursday (28 May), including deals on Kazakhstan’s first nuclear power plant and expanded oil cooperation with Russia.
A renewed wave of U.S. diplomatic activity in the South Caucasus highlights Washington’s growing focus on regional connectivity, trade and security, according to Associate Professor George Mchedlishvili of European University in Tbilisi.
Kyrgyzstan has signed a series of cooperation agreements with China and Belarus at the Fifth Forum of Regional Leaders of Shanghai Cooperation Organisation (SCO) member states, underlining the country's growing economic engagement within the regional bloc.
A group of Azerbaijani civil society organisations has called for increased scrutiny of Swiss building materials giant Holcim, citing court rulings and ongoing investigations linked to its subsidiary Lafarge's activities during the Syrian conflict.
Kazakhstan has reiterated that no existing route can replace the Caspian Pipeline Consortium (CPC), which carries more than 80% of the country's crude oil exports through Russia to the Black Sea.
Russia and Kazakhstan signed 15 agreements during President Vladimir Putin’s state visit to Astana on Thursday (28 May), including deals on Kazakhstan’s first nuclear power plant and expanded oil cooperation with Russia.
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