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Kazakhstan

Kazakhstan unrest, explained

16 mins read

Philip M. Nichols of the Wharton School and the Russia and East European Studies program in the School of Arts & Sciences offers some background on the protests and violence and why what happens in Kazakhstan matters to the region and the world.…

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Kazakhstan unrest, explained

16 mins read

Philip M. Nichols of the Wharton School and the Russia and East European Studies program in the School of Arts & Sciences offers some background on the protests and violence and why what happens in Kazakhstan matters to the region and the world.…

ADB issues first green bonds auctioned and listed on the Kazakhstan Stock Exchange

2 mins read

The FINANCIAL — The Asian Development Bank (ADB) has raised almost 14 billion Kazakhstan tenge (KZT) ($32 million) in the first green bonds auctioned and listed on the Kazakhstan Stock Exchange. Proceeds of the bond issued under ADB’s Green Bond Framework will finance ADB’s portfolio of climate change adaptation and mitigation projects in Kazakhstan. The two-year KZT10.09…

Kazakhstan forges ahead with Renewable Energy

6 mins read

The FINANCIAL — The signing of a syndicated US$95.3 million deal to support the construction of the Zhanatas 100 MW wind farm in southern Kazakhstan, marks a major milestone in the decarbonisation and diversification journey away from the country’s coal legacy.  This will be one of the largest windfarms in the region, achieving a myriad of breakthroughs in the market and…

EBRD and its partners to provide $95.3 mln for wind farm in Kazakhstan

2 mins read

The FINANCIAL– The European Bank for Reconstruction and Development (EBRD) and its partners are promoting Kazakhstan’s further transition from coal-fired power plants to renewable-energy power generation by supporting the construction of a 100 MW wind farm near the town of Zhanatas in the south of the country. The EBRD’s financing of up to US$ 24.8 million (in…