AIFC Green Finance Centre has signed a Memorandum of understanding with “PricewaterhouseCoopers Tax & Advisory”

In continuation of collaboration with world named partners and best legal experts in the sphere of environmental law, on August 26,2021, AIFC Green Finance Centre (hereinafter – the Centre) has concluded a memorandum of understanding with “PricewaterhouseCoopers Tax & Advisory”. Parties agreed that the Centre will serve as a legal hub for potential clients seeking for advice in environmental law and that both companies will be promoting each brand on regional and international level.

In addition, the signed Memorandum will allow the Parties to carry out joint activities on organization of academic, educational and promotional events on regulation of green finance, social finance, sustainable development and other related spheres.

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The Astana International Financial Centre (AIFC) was created by the initiative of the First President of the Republic of Kazakhstan, Leader of the Nation, Nur-Sultan Nazarbayev as part of the “100 steps to implement five institutional reforms” national program. The Management council of the AIFC during the council’s meeting on July 2, 2020 approved the Centre’s development strategy until 2025. In accordance with the strategy, the vision of AIFC is in becoming the leading financial centre in the region that includes Central Asia, the Caucasus, EAEU countries, western China, Mongolia, and Eastern Europe.

The mission of the AIFC is in assisting the sustainable and long-term development of the region. As the head of state Tokayev noted, “AIFC, with its unique opportunities, can act as a universal platform that connects the countries in the region.” The strategic directions for the sustainable development of the AIFC include the development of a circular economy, financial technologies, and “digital financial centre.”

For more information about the AIFC, follow the link www.aifc.kz

The AIFC Green Finance Centre is an AIFC Organisation created to enable the development of green finance in Kazakhstan and Central Asia. The main goal is to bring investments to sustainable economy through trending financial instruments, such as green and social bonds. In addition to that, the AIFC Green Finance Centre, being a regional think-tank, provides strategic and business consulting in green finance and sustainable development to Governments, quasi-state organisations and entrepreneurs. The Centre provides initial assistance to potential issuers, investors and market players on preparations for the issuance of green bonds on the AIFC Exchange (Astana International Exchange).