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Two cities of East Kazakhstan region included in the international environmental program Green Cities

Today Akim of East Kazakhstan region Danial Akhmetov and the European Bank for Reconstruction and Development concluded memorandums at the EBRD London headquarters

The event was also attended by EBRD First Vice President Jürgen Rigterink. It is worth emphasizing that Ust-Kamenogorsk and Semey cities are 38th and 39th respectively which joined the international program. As part of this program, Ust-Kamenogorsk and Semey received support in preparing individual action plans to improve the environmental situation. This will help identify priority environmental problems and implement the necessary measures to solve them, as well as attract investment.

Pilot projects of Ust-Kamenogorsk and Semey cities, within the framework of which it is planned to attract more than 30 million euros (equivalent in tenge), will be signed by May 2020. These projects are aimed at modernizing solid waste management systems. In addition, attracting grants and concessional debt financing to the region will improve the technical condition of urban engineering infrastructures and introduce green investments in housing and public utilities, transport and energy sectors.

By the way, today the Green Cities program is being implemented in more than 20 cities around the world and has attracted funding in the amount of about 1 billion euros.

For example, investments in Chisinau city of the Republic of Moldova amounted to 10 million euros (renovation of 120 buildings, including kindergartens, schools and hospitals), in Belgrade city of the Republic of Serbia - 20 million euros (reconstruction of one of the busiest roads of the city Green Boulevard, including the modernization of tram tracks, sidewalks, street lighting systems, traffic lights and control systems), Varna, Bulgaria - 10 million euros (modernization of roads, parking areas and charging stations for electric vehicles).

It should be noted that Akimat of East Kazakhstan has been actively working with the European Bank for Reconstruction and Development since 2015 to effectively attract funds from international and financial organizations to the region’s infrastructure.

This work is being implemented as part of a partnership agreement between the Government of the Republic of Kazakhstan and the EBRD to strengthen cooperation aimed at promoting sustainable development and growth of the Republic of Kazakhstan. For 2015-2020, the total amount of ongoing investment projects with the EBRD amounted to KZT74.7 billion for 12 projects.