This report discusses the main results of a study on how to reduce air pollution from urban public transport in Kazakhstan. More specifically, it presents the analysis of how to design a green public investment programme in this sector. This sector represents an opportunity for Kazakhstan to address key objectives in its environmental and climate-related policies as part of the country’s ambitions to transit to a green economic path of development. In addition to supporting environmental and climate-related objectives, the programme is designed to support the modernisation of the urban transport fleet in the country as well as stimulate the domestic market to shift to modern buses powered by clean fuels.
The programme is designed to be implemented in two phases: Phase 1 which covers the cities of Kostanay and Shymkent; and Phase 2 which extends the coverage to all major urban centres in Kazakhstan. Two scenarios for the implementation of the second (extended) phase of the programme are developed. Their total cost is estimated to be up to EUR 300 mln. These investments are expected to result in significant air improvement with NOx emissions seeing the greatest decline of up to 2 mln kg/year, whereas CO2 emissions are estimated to decline in an ideal scenario by up to 70 thousand t/year.
On 20 June 2017, Kazakhstan became the 48th country to adhere to the OECD Declaration on International Investment and Multinational Enterprises. Adherence signals Kazakhstan's commitment to provide a fair and transparent environment for international investment and willingness to encourage the positive contribution investment can make to economic, environmental and social progress.
This review, which was prepared in response to Kazakhstan's 2012 request to adhere to the Declaration on International Investment and Multinational Enterprises (OECD Declaration), analyses the general framework for investment as well as most recent reforms, and shows where further efforts are necessary. It assesses Kazakhstan’s ability to comply with the principles of openness, transparency and non-discrimination and its policy convergence with the OECD Declaration, including responsible business conduct practices. Capitalising on the OECD Policy Framework for Investment, this review studies other policy areas that are of key relevance to investment such as SME policy, infrastructure development, trade policy as well as anti-corruption efforts. Since the first review of Kazakhstan, in 2012, the authorities have made strides in opening the country to international investment and in improving the policy framework for investment as part of their efforts to diversify the economy to avoid continued overreliance on oil. Additional policy measures are nevertheless required to create a stimulating environment for investment if the government wants to fulfil its goal of economic diversification and sustainable development.
Kazakhstan’s new anti-corruption strategy must be better defined, involving key stakeholders, with targeted actions and goals that address the key corruption challenges facing the country, says a new OECD report by the Istanbul Anti-Corruption Action Plan (IAP).
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The first in a series of country reports targeting the Central Asia and South Caucasus region, Responsible Business Conduct in Kazakhstan provides concise and basic information to investors on the existing responsible business conduct expectations in Kazakhstan.
This Review assesses Kazakhstan's ability to comply with the principles of liberalisation, transparency and non-discrimination and to bring its investment policy closer to recognised international standards such as the OECD Declaration on International Investment and Multinational Enterprises.&l
This project examines how policies can support the integration of small and medium-sized enterprises (SMEs) into global value chains through creating and exploiting linkages between SMEs and Foreign Direct Investors (FDI). It involves assessments of current conditions and opportunities in three regions of Kazakhstan and makes recommendations for policy actions at national and local levels.
This launch event presented preliminary findings from an OECD report on sector competitiveness in Kazakhstan which suggest that Kazakhstan has a strong competitiveness and FDI potential in key non-energy sectors such as agri-business, fertilizers, logistics, business services and information technology.