Forest climate project kicks off in Kazakhstan

The first forest climate project is kicking off in Kazakhstan. The country’s Prime Minister Olzhas Bektenov met with representatives of the British company SEFE and Kazakhstan’s SAFC to discuss its implementation. The parties signed an agreement under which the British company will invest in forest planting in Kazakhstan. The project will allocate 1,500 hectares for the planting of over three million trees, including poplars, elms, birches, ash trees, and rosehips. It is projected that the average annual reduction in emissions will be 26 tonnes of carbon dioxide per hectare, with more than one million tonnes of CO2 expected to be removed over 30 years. In addition, the project promotes the development of agroforestry and ecotourism. This initiative is unique not only for Kazakhstan but also for the entire Central Asian region. Bektenov highlighted the importance of collaboration with businesses to ensure environmental balance. He emphasized that the Head of State pays special attention to environmental issues and that forest restoration is paramount here.

«A pilot project is being implemented in the Almaty region. Degraded pastures near Lake Kapshagai will be transformed into a forest ecosystem. This ecosystem will absorb carbon dioxide, enabling the sale of carbon units and generating additional revenue over the next 30 years. As part of the test phase, 200,000 trees have been planted, with a total of around 3.3 million native saplings planned for the area,» said Yuri Kim, Director of SAFC.   

«We are very pleased to participate in this project, as we see immense potential in Kazakhstan. Our primary focus is ecology. From the perspective of a new industry, Kazakhstan has significant opportunities. The demand for carbon units is expected to grow, and Kazakhstan is strategically well-positioned to supply these units to the market,» said Alexander Demidov, Vice President of SEFE Marketing & Trading Limited.