Kazakhstani companies will be able to profit from reducing greenhouse gas emissions.

Kazakhstani companies will be able to profit from reducing greenhouse gas emissions.

In Kazakhstan, entrepreneurs implementing environmental projects will be able to trade carbon credits through an exchange. This was announced by Zhanbolat Kakishev, Director of Products at the Astana International Financial Centre, during Astana Finance Days.

 

Kazakhstani companies will be able to profit from reducing greenhouse gas emissions.
Photo: Kazinform/AI

According to him, the AIFC plans to enter into an agreement with the international Verra standard in the field of carbon units.

Zhanbolat Kakishev, Director of Products for the Administration of the Astana International Financial Center
Photo: Agibai Ayapbergenov/Kazinform

“We will sign an agreement with the Verra standard. This will allow us to trade carbon units. Verra is one of the largest global standards in this area. We will implement it on our exchange. This will allow entrepreneurs involved in environmental projects to trade carbon units directly on our exchange platform,” said Zhanbolat Kakishev.

According to him, the agreement is planned to be signed during Astana Finance Days.

Astana Finance Days
Photo: Agibai Ayapbergenov/Kazinform

For reference: Verra is an international non-profit organization that sets the rules for verifying greenhouse gas emission reductions and removals. Its core standard, the Verified Carbon Standard (VCS), allows environmental projects to issue carbon credits after independent verification. One carbon credit corresponds to one tonne of COâ‚‚-equivalent emissions reduced or removed from the atmosphere. These credits can then be sold to companies and other carbon market participants.

As a reminder, the 9th Astana Finance Days 2026: Delivering Impact. Capital in Action forum is taking place in Astana from September 9th to 10th. Over 8,000 participants have registered for the event, including representatives of the largest international investment companies and funds, with combined assets under management amounting to approximately $26 trillion.

Google machine translated

https://www.inform.kz/ru/kazahstanskie-kompanii-smogut-zarabativat-nasokrashenii-vibrosov-parnikovih-gazo-26ef0f53

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