1. ADB’s experience with financing renewable energy projects
Giovanni Capannelli
Country Director
Kazakhstan Resident Mission Asian Development Bank
2nd Summit on Renewable Energy
Astana, Kazakhstan
8 June 2018

2. ASIA’S TOTAL ANNUAL INFRASTRUCTURE NEEDS
Until 2030
$1.7 trillion
$200 billion
Infrastructure investments required every year
including climate change mitigation and adaptation
Climate mitigation costs (renewable energy, smart grids, energy efficiency)

3. ADB’s COMMITMENT TO GREEN FINANCE
Mobilized external funds
$0.7 B
Total cumulated
green finance
by 2017
74 loan projects
45 technical assistance grants
$5.2 B
ADB own resources
Poverty is the region’s greatest development challenge and ADB’s highest strategic priority. Our vision is clear and far-reaching: an Asia and Pacific region free of poverty.
To help achieve that goal, ADB is dedicated to improving the living conditions and quality of life for people in our developing member nations.
$4.5 B
2020 target:
$6.0 B

4. Kazakhstan’s GREEN GROWTH PERFORMANCES
Among top 10 carbon intensive economy in the world
using 3 times more energy per unit of GDP than OECD average
# 1 for GHG emissions per unit of GDP
# 13 GHG emissions per capita .

5. Up to 50%-70% is due to fuel and energy cost in some cases
Kazakhstan’s GREEN GROWTH PERFORMANCES
Up to 50%-70% is due to fuel and energy cost in some cases
70% of installed electricity capacity is obsolete
In the electricity sector significant investment is needed to rehabilitate outdated assets and expand capacity

6. Kazakhstan’s GREEN GROWTH PERFORMANCES
25%
Reduced emissions by 2030
(from 1990 levels)
TARGETS
Energy generation from renewable sources
30%
0.8% 3%
2017
2020
2030

7. Economic Diversification
ADB’s support to
Kazakhstan’s GREEN GROWTH
Country partnership strategy
Three Pillars
ADB’s overarching strategic document – Strategy 2020 – was adopted in It defines how we can help shape the region’s future, reduce poverty, and improve the quality of life and the living conditions for people in the Asia Pacific region.
At the heart of Strategy 2020 are 3 strategic agendas:
1. Inclusive growth focuses on increasing the poor’s access to markets and basic productive assets, and investing in high and sustainable economic progress so that all members of a society can participate in and benefit from growth.
2. Environmentally sustainable growth supports the use of environmentally friendly technologies, the adoption of environmental safeguards and the establishment of institutional capacities to strengthen their enforcement.
3. Regional integration supports accelerated growth, higher productivity and employment. It reduces economic disparities, and allows for closer policy coordination and collaboration on regional and global public goods, such as combating climate change and HIV/AIDS.
Inclusive
Development
Environmentally
Sustainable
Growth
Economic Diversification

8. Kazakhstan’s GREEN GROWTH
ADB’s support on
Kazakhstan’s GREEN GROWTH
Focused on developing financial products promoting energy efficiency, renewable energy, and climate resilience.
In April 2018 ADB and EBRD signed the first renewable energy sector project in Kazakhstan (Baikonur Solar Plant)
ADB, World Bank and the Government of Kazakhstan to launch a nationwide urban infrastructure modernization program and finance facility
Green finance catalyzing facility to address the lack of bankable projects

9. Amid a rapidly growing and changing Asia and Pacific region, ADB remains a relevant, responsive and results-focused development partner. With the key resources of finance and expertise, strong partnerships, and dedication to our mission, we are doing our part to achieve the widely shared vision of an Asia and Pacific free of poverty.
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