Kazakhstan to establish International Biodiversity Fund

Kazakhstan to establish International Biodiversity Fund

Kazakh President Kassym-Jomart Tokayev emphasized the need to consider environmental matters and strike a balance between the growth of the region’s economies and the climate agenda. The Head of State took part in the international conference «Central Asia in the Face of Global Climate Challenges» in Uzbekistan. Central Asia is one of the most vulnerable regions on the planet. Temperatures in the region are rising at twice the global average, leading to the melting of glaciers, desertification, and increasing water shortages. This can only be prevented through collective action, meaning that the Central Asian countries must strengthen cooperation.

«Water is a growing challenge for our region in at least two ways. Water availability per capita has declined by 30% in the last 20 years. At the same time, 70% of regional water resources are transboundary. That’s why we need the support of the international community on water-saving technologies, smart irrigation, and hydrological monitoring. We promote the long-standing idea of establishing a Central Asian Water-Energy Partnership,» Tokayev said.

Kazakhstan views the green transition as a strategic priority, with significant attention given to renewable energy, as noted by the Head of State. The country, which produces around 40% of the world’s uranium, is also planning to build its first nuclear power plant to enhance energy security and reduce emissions. Additionally, President Tokayev highlighted the vast potential for carbon farming and ecosystem restoration in Kazakhstan’s expansive steppes. To preserve biodiversity and endangered species, he announced the decision to establish in Kazakhstan an International Biodiversity Fund under the President.