Kazakhstan: Scoping the Green Investments Finance Program

Project Name Scoping the Green Investments Finance Program
Project Number 52312-001
Country / Economy Kazakhstan
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 9667-KAZ: Scoping the Green Investments Finance Program
Technical Assistance Special Fund US$ 225,000.00
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Drivers of Change Governance and capacity development
Knowledge solutions
Partnerships
Private sector development
Sector / Subsector

Finance / Inclusive finance

Gender No gender elements
Description The SS-KSTA will provide important knowledge input and background information for the scoping of the proposed Kazakhstan Green Investments Finance Program (KGIFP).
Project Rationale and Linkage to Country/Regional Strategy

1. Alignment with the country`s and ADB policies

2. Strong commitment from state entrepreneurship development fund 'Damu' to develop financing mechanism for green technologies financing.

3. ADB expertise in implementation of similar projects in other countries

Impact Enhanced resilience of Kazakhstan's economy to climate change
Project Outcome
Description of Outcome Commitment of the executing agency to develop green investments financing mechanism increased
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Knowledge on the concepts of green economy and green finance enhanced

Development of knowledge products

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Nation-wide
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Responsible ADB Officer Kurmanbekov, Ruslan
Responsible ADB Department Central and West Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, CWRD
Executing Agencies
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines
DAMU Entrepreneurship Development Fund
Gogol St., 111, Almaty
Kazakhstan
Timetable
Concept Clearance -
Fact Finding 10 Dec 2018 to 17 Dec 2018
MRM -
Approval 26 Nov 2018
Last Review Mission -
Last PDS Update 07 Dec 2018

TA 9667-KAZ

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
26 Nov 2018 - 26 Nov 2018 31 Oct 2019 31 Jan 2020 20 Jul 2020
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
225,000.00 0.00 0.00 0.00 0.00 0.00 225,000.00 17 Jun 2022 195,775.50

ADB provides the information contained in this project data sheet (PDS) solely as a resource for its users without any form of assurance. Whilst ADB tries to provide high quality content, the information are provided "as is" without warranty of any kind, either express or implied, including without limitation warranties of merchantability, fitness for a particular purpose, and non-infringement. ADB specifically does not make any warranties or representations as to the accuracy or completeness of any such information.

Source URL: https://www.adb.org/projects/52312-001/main