Kazakhstan

Kazakhstan looks to nuclear amid crypto-driven energy shortage

Almaz Kumenov for Eurasianet November 26, 2021

The country no longer has a choice, the president says.

bneGREEN: Satellites discover huge amounts of undeclared methane emissions

Richard Lockhart in Edinburgh November 17, 2021

Satellites are detecting previously unknown emissions of methane from gas pipelines, oil wells, fossil fuel processing plants and landfills all over the world, with Turkmenistan and Kazakhstan being particular culprits.

NEMETHY: Is bitcoin the new gold?

Les Nemethy CEO and founder of Euro-Phoenix Financial Advisors November 15, 2021

Much has been written about how bitcoin has taken lustre and market share from gold over the past decade. But has the death of gold been much exaggerated?

Digital divide adds to multi-speed recovery from coronavirus finds EBRD

Clare Nuttall in Glasgow November 13, 2021

New EBRD Transition Report warns there is a widening gap between economies that have stepped up their use of online and digital services and those that have fallen further behind.

ING: Sticky inflation risks force CEE central bankers to keep on hiking rates

Valentin Tataru chief economist for Romania at ING, Peter Virovacz Senior Economist in Hungary at ING, Leszek Kasek is the Senior Economist in Poland at ING, Rafal Benecki is the Chief Economist in Poland at ING November 12, 2021

Disruptions in global value chains continue to weigh on Central and Eastern Europe, and the Delta variant is blurring the outlook for the fourth quarter. Record high inflation can no longer be written off as temporary as rates rise across CEE.

Uzbekistan: People no longer in the dark about power shortages

Eurasianet November 12, 2021

Until now, officials had been silent about ongoing power cuts, even calling them a thing of the past.

bneGREEN: Beyond Oil and Gas Alliance aims to end oil and gas production

Richard Lockhart in Edinburgh November 11, 2021

The Beyond Oil and Gas Alliance (BOGA) is calling for an immediate end to new licensing rounds for oil and gas exploration, and has signed up 11 governments to a promise to end oil and gas production by 2050.

bneGreen: Development banks ADB, EBRD, EDB up the ante at COP26

Theo Normanton in Moscow November 10, 2021

The UN’s COP26 climate conference in Glasgow has seen development banks from around the world come together to outline their contributions to a low-carbon future. Robust financial infrastructure is key to a just and efficient transition.

‘Expect less water next year,’ Kyrgyzstan warns downstream neighbours

Ayzirek Imanaliyeva for Eurasianet November 10, 2021

Relations between upstream and downstream Central Asian countries can be tense. This won’t help.

bneGREEN: Paris Accords targets will be missed, World on course to see 2.7C-3.1C increases in temperature by 2100 without drastic reductions

bne IntelliNews November 8, 2021

The global community will miss the Paris Accord target of keeping temperature rises to 1.5C and will see them climb to between 2.7C and 3.1C by 2100 unless emissions are cut by 15% a year from now on.

Kazakh food exports to China plummet

Almaz Kumenov for Eurasianet November 5, 2021

Kazakh exporters say China is pushing them aside, interested in a transit corridor but not a supplier.

bneGREEN: Climate Investment Funds issues new generation of green bonds worth $500mn

Richard Lockhart in Edinburgh November 4, 2021

The World Bank has backed the issue of $500mn of green bonds ever year for 10 years in a bid to raise private capital to scale up clean energy and sustainable infrastructure in emerging economies.

EBRD lifts emerging Europe forecasts but warns of threats ahead

bne IntelliNews November 4, 2021

The EBRD has increased its 2021 GDP growth projection for the emerging Europe and SEMED regions where it operates to 5.5% after a strong performance in H1.

Kazakhstan's annual inflation remains at 8.9% y/y in October

Kanat Shaku in Almaty November 4, 2021

Food inflation very slightly edges down to 11.3%.

Kazakh manufacturing PMI shows continued improvement in operating conditions in October

Kanat Shaku in Almaty November 2, 2021

Index gains to 51.6 from 50.3 in September. Stocks of finished goods built at the fastest pace on record.

Kazakhstan: Boys in skirts blame Nazarbayev school suicide on conservative staff

Almaz Kumenov for Eurasianet November 2, 2021

The protests have spread to several of the prestigious schools around the country.

Event | Russia looks to Taliban to contain Islamic State in Afghanistan

Eurasianet October 28, 2021

Moscow seems willing to tolerate Taliban rights abuses, if the movement can get the job done.

bneGREEN: UN warns that net-zero pledges are insufficient and not urgent enough

By Richard Lockhart in Edinburgh October 27, 2021

A majority of G20 net-zero pledges made so far are not strong enough and are not backed up by meaningful and effective promises of action.

bneGREEN: Kazakhstan faces mighty coal headache in energy transition

Kanat Shaku in Almaty October 26, 2021

Country looks at natural gas as a transition fuel, but building a nuclear power plant may become an inevitability despite public’s misgivings.

Kazakhstan turning ‘blind eye’ to Chinese corporate polluters – watchdog

Eurasianet October 26, 2021

Government agencies and Kazakh-Chinese companies are using the pandemic to shield themselves from scrutiny.

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