Kazakhstan Identifies Priority Climate Technologies to Attract International Investment

Kazakhstan is identifying priority climate technologies to attractinternational investment in key sectors of its economy. This work isbeing carried out under the Technology Needs Assessment (TNA) project, implemented by the Ministry of Ecology and Natural Resources of the Republic of Kazakhstan in partnership with the AsianInfrastructure Investment Bank (AIIB), the UNEP CopenhagenClimate Centre (UNEP-CCC), and the International Green Technologies and Investment Projects Center (IGTIC), which serves asthe national programme coordinator in Kazakhstan.

The interim results of the project, including sectoral Technology Action Plans (TAPs) and a portfolio of project concepts for furtherdevelopment and investment mobilisation, were discussed in Astana atthe international seminar “Technology Needs Assessment (TNA) inKazakhstan: From Technology Priorities to Implementation andInvestment.” The programme has identified three key priority sectors: energy, agriculture, and the urban and circular economy.

The Asian Infrastructure Investment Bank is an important partnerin advancing the programme’s investment component. The Bank’sinvolvement enables the selected technological solutions to be assessedin terms of their potential implementation and prospects for securingfinancing.

The seminar also highlighted financing opportunities for climateinitiatives. Promising areas include the development of greeninfrastructure, industrial decarbonisation, the deployment of renewableenergy sources and closed-loop systems, as well as the findings of thebarriers analysis and the Technology Action Plans developed for thepriority sectors.

The plans outline measures to address regulatory, financial andtechnical barriers that hinder the adoption of climate technologies. Their implementation is expected to create favourable conditions formodernising key economic sectors and expanding the use ofenvironmentally friendly solutions.

Another important milestone was the presentation of a portfolio ofproject concepts prepared for further development and theidentification of potential funding sources. In the longer term, theseinitiatives could form the basis for investment projects involving theAIIB, the Green Climate Fund (GCF), the Development Bank ofKazakhstan and other international financial partners.

Another key topic was the coordination of TNA outcomes with theestablishment of the Kazakhstan Climate Investment Platform underthe GCF Readiness III programme for 2026–2027. The platform’ssecretariat is planned to be hosted by IGTIC. The platform is intendedto support the implementation of Kazakhstan’s updated NationallyDetermined Contribution (NDC) and its Strategy for Achieving CarbonNeutrality by 2060, while creating favourable conditions for preparingclimate initiatives for financing.

Aligning the two initiatives will help advance climate solutions in a coordinated manner — from identifying technology needs anddeveloping action plans to structuring investment projects that meet therequirements of international financial institutions.

Overall, the TNA project lays the groundwork for a systematicapproach to climate technologies in Kazakhstan. Its outcomes areexpected to support technological modernisation in priority economicsectors, attract green investment and strengthen internationalcooperation on climate action.