Kazakhstan signs $1.2 billion in agreements at COP31 in Antalya

Kazakhstan signs $1.2 billion in agreements at COP31 in Antalya

Kazakhstan continues to develop renewable energy sources. Over the past six years, the share of renewable energy has quadrupled, reaching 8%. By 2030, the figure is expected to rise to 15%. One of the promising projects is Alatau City, which is planned to be developed as a low-carbon city. In addition, the country is introducing AI and satellite monitoring to forecast natural hazards. Prime Minister Olzhas Bektenov announced this at the COP31 Climate Summit in Antalya, which he attended on the instructions of the President of Kazakhstan. The event brought together heads of state and government from more than 70 countries, as well as heads of major international organizations and financial institutions. On the sidelines of the summit, the Kazakh delegation signed agreements worth around $1.2 billion. They provide for the construction of wind power plants and the modernization of gas infrastructure. Other agreements focus on international cooperation in environmental protection. The Prime Minister also visited Kazakhstan’s national pavilion, where the country showcased various environmental projects.

 «KazRez recycles end-of-life car tyres in Kazakhstan and turns them into products for the construction, industrial and road sectors. In 2027, following the launch of new production lines, we plan to produce 36,000 tonnes of rubber crumb and 8 million square metres of waterproofing materials annually. For KazRez, old tyres are not waste but a valuable resource that can be reused,» noted Maksat Togaibekov, Deputy Director, KazRez LLP.