Kazakhstan's Foreign Ministry and the EBRD Strengthen Partnership on Climate and Investment Projects

First Deputy Minister of Foreign Affairs of the Republic of Kazakhstan Yerzhan Ashikbayev held a meeting with a delegation of the European Bank for Reconstruction and Development (EBRD) led by Felicity Spors, Director of the Climate Strategy Delivery and Head of Sustainable Infrastructure of EBRD.

During the meeting, the parties discussed the current state and future prospects of cooperation between Kazakhstan and the EBRD, as well as the implementation of joint initiatives in sustainable development, green finance, energy transition, transport and municipal infrastructure, digitalization, and private sector development.

Particular attention was given to the National Investment Platform of the Republic of Kazakhstan for a Just Energy Transition – QaJET, an initiative proposed by President Kassym-Jomart Tokayev during the 78th Session of the United Nations General Assembly in 2023. The parties reviewed the next steps in developing the Platform, which is being implemented with the support of the EBRD in cooperation with the Ministry of Energy and the Ministry of Ecology and Natural Resources of Kazakhstan, including preparations for its official launch at COP31 in November 2026 in Antalya and efforts to mobilize international climate and investment financing.

Yerzhan Ashikbayev emphasized that Kazakhstan attaches great importance to its strategic partnership with the EBRD and highly appreciates the Bank's contribution to the implementation of economic reforms carried out under the leadership of President Kassym-Jomart Tokayev, as well as to advancing the country's national climate agenda.

The First Deputy Minister reaffirmed the readiness of the Ministry of Foreign Affairs of Kazakhstan to provide comprehensive diplomatic support for the international promotion of the QaJET Platform, including by strengthening cooperation with international financial institutions, partner countries, climate funds, and other relevant stakeholders.

In conclusion, the parties reaffirmed their mutual commitment to further strengthening their strategic partnership and continuing close cooperation in implementing joint projects aimed at ensuring sustainable economic growth and achieving Kazakhstan's climate objectives.