The Eurasian Development Bank (EDB) and the Association of Renewable Energy of Kazakhstan (Association) signed a memorandum of understanding



The Eurasian Development Bank (EDB) and the Association of Renewable Energy of Kazakhstan (Association) signed a memorandum of understanding to implement renewable energy projects.

The memorandum envisions that the parties will finance investment projects and share experience and knowledge by participation in workshops, conferences, business forums, and other events.

According to the understandings reached, the EDB will take part and assist the Association in its negotiations of medium- and long-term investment projects, consider financing projects under the EDB and Association's current procedures, and provide information about investment projects the Association could take part in.



Renewables showed a larger increase in annual growth





Interaction of the parties will be carried out in the field of Investment Project Financing

Capacity of renewable energy sources in Kazakhstan in 2020








Issekeshev: "Green" mentality should become part of the national culture
Under this agreement, business entities will be provided with financial support for the implementation of renewable energy projects
Issekeshev: "Green" mentality should become part of the national culture