News Kazakhstan

News Kazakhstan21.09.2022

Tokayev urges countries and businesses to scale up their commitment to greater climate finance

QAZAQ GREEN. Kazakhstan's President Kassym-Jomart Tokayev made the speech at the General Debate of the 77th session of the UN General Assembly, the Akorda press service reported.

Kassym-Jomart Tokayev called climate change one of the priority tasks requiring increased international cooperation and solidarity.

President confirmed that in the long-term, Kazakhstan aims to diversify its sources of energy, with a particular focus on green hydrogen and renewables.

"Around the world, people are facing existential threats from weather and environmental change. If we are to turn this tide, we need more action, and we need it fast.

Many of us have taken bold steps already. In Kazakhstan, we have pledged the total transformation of the oil- and coal-dependent energy sector into a Net Zero economy by 2060.

To save our planet, we need investment at greater levels than we have ever seen.

However, climate action cannot come at the expense of development or modernization.

Therefore, at COP27 later this year, member states, as well as the global business community, must once again scale up their commitment to greater climate finance," said the President.

Remind that Tokayev in the USA said that Kazakhstan has all the weather conditions and land for the development of RES, and may become a RES leader in the region.

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