Kazakhstan, EBRD to launch QaJET platform at COP31 in November
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Kazakhstan and the European Bank for Reconstruction and Development (EBRD) are set to launch the QaJET National Investment Platform for a Just Energy Transition at COP31 in November. First Deputy Foreign Minister Yerzhan Ashikbayev met with EBRD officials to review preparations. The platform aims to attract climate finance for sustainable energy projects.
Platform Preparations
First Deputy Foreign Minister Yerzhan Ashikbayev met with EBRD officials to review progress on the QaJET platform ahead of its COP31 launch. Both sides reaffirmed commitment to expanding cooperation on sustainable development and climate finance. The meeting covered technical and financial arrangements for the platform's operational framework.
Investment Goals
The QaJET platform is designed to mobilize international climate finance for Kazakhstan's energy transition. It will focus on projects that reduce carbon emissions while ensuring social equity. The EBRD has been a key partner in Kazakhstan's green finance initiatives, with over €2 billion invested in sustainable projects since 2015.
What's Next
The platform is scheduled to be officially launched at COP31 in November 2026. It remains unclear how much initial funding the platform will secure and which specific projects will be prioritized.
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Kazakhstan, EBRD to launch QaJET platform at COP31 in November
