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Energy conglomerates KEGOC, Masdar, and MBZRCF to collaborate on sustainable energy projects and biodiversity conservation efforts.

In the city of Astana, Kazakhstan's power system operator JSC «KEGOC» inked a Memorandum of Understanding with global renewable energy giant Masdar and the Mohamed bin Zayed Raptor Conservation Fund (MBZRCF).

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Energy firm JSC 'KEGOC', Kazakhstan's system operator, forges an agreement, a Memorandum of...
Energy firm JSC 'KEGOC', Kazakhstan's system operator, forges an agreement, a Memorandum of Understanding, with global renewables giant Masdar and the Mohammad Bin Zayed Species Conservation Fund (MBZSCF), based in Astana.

Energy conglomerates KEGOC, Masdar, and MBZRCF to collaborate on sustainable energy projects and biodiversity conservation efforts.

Kazakhstan and the Mohammed bin Zayed Renewable Energy Climate Fund Partner for Environmental Protection and Sustainable Energy Infrastructure

In a bid to collaborate on environmental conservation and the development of sustainable energy infrastructure, Kazakhstan and the Mohammed bin Zayed Renewable Energy Climate Fund (MBZRCF) have signed a memorandum. The agreement focuses on joint initiatives, knowledge exchange, and professional development.

The collaboration aims to address the mitigation of environmental risks associated with power transmission facilities. One key area of focus will be integrating biodiversity conservation into the design and operation of energy facilities, specifically considering wild nature protection interests in the location and modernization of power lines, given Kazakhstan's diverse ecosystems.

The MBZRCF, known for its extensive experience in scientific and applied conservation initiatives, plays a significant role in this partnership. The Fund offers scientific support, strategic recommendations, and assistance in planning infrastructure solutions that meet international environmental standards.

Additionally, the parties have indicated their intention to work together on various aspects, including harmonizing energy development and nature conservation. They plan to employ expert and technical resources to achieve measurable results in both environmental and energy sectors.

Elvira Konakhbayeva, Managing Director of KEGOC, underlined the importance of the memorandum signing, emphasizing the potential for this partnership to contribute significantly to Kazakhstan's environmental goals.

In this cooperation, the parties envision ambitious goals, such as accelerating the transition to renewable energy sources and improving energy efficiency across key sectors. Financing and constructing renewable energy projects, providing technical assistance for infrastructure planning, grid integration, and modernization, and capacity building and training programs for local professionals are some of the planned initiatives.

Furthermore, the cooperation includes investment mobilization, wherein the MBZRCF offers funding and attracts additional investments for green projects in Kazakhstan. Technology transfer is another crucial aspect, with joint research and development programs facilitating the introduction of cutting-edge technologies from international markets to Kazakhstan.

To oversee project implementation, monitor progress, and ensure alignment with national and global sustainability goals, a bilateral working group or committee will be established. Regular reporting and evaluation will help adapt and optimize cooperation outcomes.

The expected impact of this partnership includes enhanced capacity for Kazakhstan to meet its climate commitments, accelerated deployment of renewable energy infrastructure contributing to energy security and economic diversification, and improved environmental quality and sustainable resource management.

With this partnership, both parties aim to create a more sustainable future for Kazakhstan's energy sector and preserve its natural resources.

  • I, as a stakeholder in Kazakhstan's energy sector, am excited about the collaborative efforts between Kazakhstan and the Mohammed bin Zayed Renewable Energy Climate Fund, as it provides a unique opportunity to focus on environmental protection and sustainable energy infrastructure.
  • In this partnership, one of the key areas we are focusing on is integrating renewable energy projects into our industry, which will not only help us address climate-change issues but also create a more sustainable future for our country.
  • The Mohammed bin Zayed Renewable Energy Climate Fund, with its extensive experience in environmental-science and financial support, plays a crucial role in this cooperation, providing the necessary funding and technology transfer for our green projects.
  • As we work towards our ambitious goals of accelerating the transition to renewable energy and improving energy efficiency, we will be employing expert resources from both parties, focusing on innovation, infrastructure planning, and capacity building for local professionals.

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