World Bank allocates $4.8 million for development of carbon market in Kazakhstan

World Bank allocates $4.8 million for development of carbon market in Kazakhstan

The World Bank (WB) has provided a grant of USD 4.8 million to support the implementation of the Partnership for Market Implementation (PMI) project, aimed at developing the Emissions Trading System (ETS) in Kazakhstan and integrating carbon pricing mechanisms into the country’s economic strategy, Azernews reports.

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