Green finance

AIFC supports the development of green finances, providing a platform for issuing green bonds for companies that implement projects to ensure a more efficient use of existing natural resources, reduce negative environmental effects, improve energy efficiency, mitigate the impact of, and enhance adaptation to climate change.

In 2017, $333.5 billion was invested in green energy worldwide, by contrast with less than $0.4 billion in 2004. In 2017, global green bond issuance reached $155.5 billion, a 60% increase as compared to the previous year. From 2018 to 2050, over $11.5 trillion will be invested in the green energy sector. Almost half of it – over $5.5 trillion – will be invested in countries of Asia and the Pacific.

The concept of green economy is being actively implemented in Kazakhstan. A goal was set to increase the share of alternative and renewable energy in the country's energy mix to 50% by 2050. AIFC is designed to become the major regional platform for implementing and funding such projects both in Kazakhstan and in neighboring countries.