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01 September, 2021
312

Nurlan Nogayev spoke about Kazakhstan's plans to decarbonize the fuel and energy complex

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During a working trip to the Russian Federation (Republic of Tatarstan), the Minister of Energy of the Republic of Kazakhstan took part in the work of an international practical conference dedicated to a new paradigm for the development of the fuel and energy complex within the framework of the EU decision on decarbonization, the press service of the Ministry of Energy of the Republic of Kazakhstan reported.

Nurlan Nogayev noted during his speech that today a number of countries face an important task to decarbonize the economy and reduce greenhouse gas emissions.

“Kazakhstan has already become a member of international programs and agreements and has developed a draft of its own roadmap,” the minister said.

The package of documents developed to date includes:
• the first - a draft of the Updated Commitments of Kazakhstan to reduce greenhouse gas emissions under the Paris Agreement until 2030;
• second - the draft Roadmap for the implementation of these obligations for 2021-2025;
• Third, a World Bank technical report “Updating Kazakhstan's Nationally Determined Contribution (NDC) and Development of a Roadmap for Implementing NDCs beyond 2020.

In addition, active work is underway to develop the Concept of low-carbon development until 2050, which will be approved in the near future, which provides for measures for deep decarbonization.

“In addition, we are working on the introduction of an internal carbon tax on energy consumption, import and export carbon duties, as well as the creation of a Carbon Fund,” Nurlan Nogayev said. - All this will allow avoiding the full payment of the border carbon tax in the EU and channel the funds received from the carbon tax on the implementation of climate projects to achieve the goal of deep decarbonization of the economy.

In his report, the minister spoke about the ongoing work on decarbonization in the fuel and energy complex of Kazakhstan: about reducing gas flaring, reducing greenhouse gases at refineries, developing renewable energy sources and restructuring the energy industry.

“The combined efforts of our countries, the scientific community and the public can increase the contribution and increase the effectiveness of our actions in the fight against climate change and turn challenges into new opportunities for sustainable development,” the minister concluded.