Estimates indicate investments to the tune of $650bn in low carbon technologies are needed to achieve the carbon neutrality target in the period of 40 years," he said.
The Government is working to attract investments in the renewable energy sector, including investment cooperation with the UAE to carry out major renewable energy projects in Kazakhstan, aiming at reducing CO2 emissions," he said.
Nine banks will be liquidated in Kazakhstan, the press service of the Agency for the Regulation and Development of the Financial Market said in a statement on Friday.
"Currently, nine banks are at the stage of liquidation (Valut-Transit Bank, Kazinvestbank, Delta Bank, Eximbank of Kazakhstan, Bank of Astana, Qazaq Banki, Tengri Bank, AsiaCredit Bank and Capital Bank Kazakhstan)", the report says.
The main goal when the bank is to satisfy the claims of creditors, ensure settlements with them and complete all bank operations.
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