The country no longer has a choice, the president says.
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.
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?
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.
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.
Until now, officials had been silent about ongoing power cuts, even calling them a thing of the past.
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.
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.
Relations between upstream and downstream Central Asian countries can be tense. This won’t help.
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 exporters say China is pushing them aside, interested in a transit corridor but not a supplier.
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.
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.
Food inflation very slightly edges down to 11.3%.
Index gains to 51.6 from 50.3 in September. Stocks of finished goods built at the fastest pace on record.
The protests have spread to several of the prestigious schools around the country.
Moscow seems willing to tolerate Taliban rights abuses, if the movement can get the job done.
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.
Country looks at natural gas as a transition fuel, but building a nuclear power plant may become an inevitability despite public’s misgivings.
Government agencies and Kazakh-Chinese companies are using the pandemic to shield themselves from scrutiny.