Empowering the Future of Kazakhstan's Energy Sector

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href="https://www.worldbank.org/en/where-we-work/caribbean">Belize</a> </li> <li class="tt-suggestion" data-original-index="14"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/benin">Benin</a> <ul> <li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/benin">Français</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="15"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/bhutan">Bhutan</a> </li> <li class="tt-suggestion" data-original-index="16"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/bolivia">Bolivia</a> <ul> <li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/bolivia">Español</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="17"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/bosniaandherzegovina">Bosnia and Herzegovina</a> </li> <li class="tt-suggestion" data-original-index="18"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/botswana">Botswana</a> </li> <li class="tt-suggestion" data-original-index="19"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/brazil">Brazil</a> <ul> <li lang="pt"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/pt/country/brazil">Português</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="20"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/bulgaria">Bulgaria</a> <ul> <li lang="bg"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/bg/country/bulgaria">Български</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="21"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/burkinafaso">Burkina Faso</a> <ul> <li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/burkinafaso">Français</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="22"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/burundi">Burundi</a> <ul> <li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/burundi">Français</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="23"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caboverde">Cabo Verde</a> <ul> <li lang="pt"> <a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/pt/country/caboverde">Português</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="24"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/cambodia">Cambodia</a> <ul> <li lang="km"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/km/country/cambodia">ភាសាខ្មែរ</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="25"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/cameroon">Cameroon</a> <ul> <li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/cameroon">Français</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="26"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/canada">Canada</a> <ul> <li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/canada">Français</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="27"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/centralafricanrepublic">Central African Republic</a> <ul> <li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/centralafricanrepublic">Français</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="28"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/chad">Chad</a> <ul> <li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/chad">Français</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="29"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/chile">Chile</a> <ul> <li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/chile">Español</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="30"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/china">China</a> <ul> <li lang="zh"><a class="lang-list dropdown-item tt-menu-list" href="https://www.shihang.org/zh/country/china">中文</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="31"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/colombia">Colombia</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/colombia">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="32"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/comoros">Comoros</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/comoros">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="33"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/drc">Democratic Republic of Congo</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/drc">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="34"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/congo">Republic of Congo</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/congo">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="35"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/costarica">Costa Rica</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/costarica">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="36"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/cotedivoire">Cote d'Ivoire</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/cotedivoire">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="37"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/croatia">Croatia</a> </li> <li class="tt-suggestion" data-original-index="38"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/eu">Czech Republic</a> </li> <li class="tt-suggestion" data-original-index="39"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/denmark">Denmark</a> </li> <li class="tt-suggestion" data-original-index="40"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/djibouti">Djibouti</a> </li> <li class="tt-suggestion" data-original-index="41"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caribbean">Dominica</a> </li> <li class="tt-suggestion" data-original-index="42"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/dominicanrepublic">Dominican Republic</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/dominicanrepublic">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="43"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/ecuador">Ecuador</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/ecuador">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="44"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/egypt">Egypt</a> <ul><li lang="ar"><a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/egypt">عربي</a></li></ul> </li> <li class="tt-suggestion" data-original-index="45"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/elsalvador">El Salvador</a> <ul><li lang="es"> <a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/elsalvador">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="46"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/equatorialguinea">Equatorial Guinea</a> </li> <li class="tt-suggestion" data-original-index="47"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/eritrea">Eritrea</a> </li> <li class="tt-suggestion" data-original-index="48"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/estonia">Estonia</a> </li> <li class="tt-suggestion" data-original-index="49"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/ethiopia">Ethiopia</a> </li> <li class="tt-suggestion" data-original-index="50"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/westerneurope">Europe (Western)</a> </li> <li class="tt-suggestion" data-original-index="51"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Fiji</a> </li> <li class="tt-suggestion" data-original-index="52"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/finland">Finland</a> </li> <li class="tt-suggestion" data-original-index="53"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/france">France</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/france">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="54"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/gabon">Gabon</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/gabon">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="55"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/gambia">The Gambia</a> </li> <li class="tt-suggestion" data-original-index="56"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/georgia">Georgia</a> </li> <li class="tt-suggestion" data-original-index="57"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/germany">Germany</a> </li> <li class="tt-suggestion" data-original-index="58"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/ghana">Ghana</a> </li> <li class="tt-suggestion" data-original-index="59"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/greece">Greece</a> </li> <li class="tt-suggestion" data-original-index="60"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caribbean">Grenada</a> </li> <li class="tt-suggestion" data-original-index="61"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/guatemala">Guatemala</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/guatemala">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="62"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/guinea">Guinea</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/guinea">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="63"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/guineabissau">Guinea-Bissau</a> <ul><li lang="pt"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/pt/country/guineabissau">Português</a></li></ul> </li> <li class="tt-suggestion" data-original-index="64"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caribbean">Guyana</a> </li> <li class="tt-suggestion" data-original-index="65"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/haiti">Haiti</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/haiti">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="66"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/honduras">Honduras</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/honduras">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="67"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/eu">Hungary</a> </li> <li class="tt-suggestion" data-original-index="68"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/iceland">Iceland</a> </li> <li class="tt-suggestion" data-original-index="69"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/india">India</a> <ul><li lang="hi"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/hi/country/india">Hindi</a></li></ul> </li> <li class="tt-suggestion" data-original-index="70"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/indonesia">Indonesia</a> <ul><li lang="in"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/in/country/indonesia">Bahasa</a></li></ul> </li> <li class="tt-suggestion" data-original-index="71"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/iran">Iran</a> </li> <li class="tt-suggestion" data-original-index="72"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/iraq">Iraq</a> <ul><li lang="ar"><a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/iraq">عربي</a></li></ul> </li> <li class="tt-suggestion" data-original-index="73"> <a class="country-name dropdown-item tt-menu-list" href="https://data.worldbank.org/country/israel">Israel</a> </li> <li class="tt-suggestion" data-original-index="74"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/italy">Italy</a> </li> <li class="tt-suggestion" data-original-index="75"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/jamaica">Jamaica</a> </li> <li class="tt-suggestion" data-original-index="76"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/japan">Japan</a> <ul><li lang="ja"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/ja/country/japan">日本語</a></li></ul> </li> <li class="tt-suggestion" data-original-index="77"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/jordan">Jordan</a> <ul><li lang="ar"><a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/jordan">عربي</a></li></ul> </li> <li class="tt-suggestion" data-original-index="78"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/kazakhstan">Kazakhstan</a> <ul><li lang="ru"><a class="lang-list dropdown-item tt-menu-list" href="https://www.vsemirnyjbank.org/ru/country/kazakhstan">Русский</a></li></ul> </li> <li class="tt-suggestion" data-original-index="79"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/kenya">Kenya</a> </li> <li class="tt-suggestion" data-original-index="80"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Kiribati</a> </li> <li class="tt-suggestion" data-original-index="81"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/korea">Korea</a> </li> <li class="tt-suggestion" data-original-index="82"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/kosovo">Kosovo</a> </li> <li class="tt-suggestion" data-original-index="83"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/gcc">Kuwait</a> </li> <li class="tt-suggestion" data-original-index="84"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/kyrgyzrepublic">Kyrgyz Republic</a> <ul><li lang="ru"><a class="lang-list dropdown-item tt-menu-list" href="https://www.vsemirnyjbank.org/ru/country/kyrgyzrepublic">Русский</a></li></ul> </li> <li class="tt-suggestion" data-original-index="85"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/lao">Lao PDR</a> </li> <li class="tt-suggestion" data-original-index="86"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/latvia">Latvia</a> </li> <li class="tt-suggestion" data-original-index="87"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/lebanon">Lebanon</a> <ul><li lang="ar"><a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/lebanon">عربي</a></li></ul> </li> <li class="tt-suggestion" data-original-index="88"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/lesotho">Lesotho</a> </li> <li class="tt-suggestion" data-original-index="89"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/liberia">Liberia</a> </li> <li class="tt-suggestion" data-original-index="90"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/libya">Libya</a> <ul><li lang="ar"> <a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/libya">عربي</a></li></ul> </li> <li class="tt-suggestion" data-original-index="91"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/lithuania">Lithuania</a> </li> <li class="tt-suggestion" data-original-index="92"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/luxembourg">Luxembourg</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/luxembourg">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="93"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/macedonia">FYR of Macedonia</a> <ul><li lang="mk"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/mk/country/macedonia">македонски</a></li></ul> </li> <li class="tt-suggestion" data-original-index="94"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/madagascar">Madagascar</a> <ul><li lang="fr"> <a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/madagascar">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="95"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/malawi">Malawi</a> </li> <li class="tt-suggestion" data-original-index="96"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/malaysia">Malaysia</a> </li> <li class="tt-suggestion" data-original-index="97"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/maldives">Maldives</a> </li> <li class="tt-suggestion" data-original-index="98"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/mali">Mali</a> <ul><li lang="fr"> <a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/mali">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="99"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Marshall Islands</a> </li> <li class="tt-suggestion" data-original-index="100"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/mauritania">Mauritania</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/mauritania">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="101"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/mauritius">Mauritius</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/mauritius">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="102"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/mexico">Mexico</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/mexico">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="103"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">FS Micronesia</a> </li> <li class="tt-suggestion" data-original-index="104"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/moldova">Moldova</a> <ul><li lang="ro"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/ro/country/moldova">română</a></li></ul> </li> <li class="tt-suggestion" data-original-index="105"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/mongolia">Mongolia</a> <ul><li lang="mn"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/mn/country/mongolia">Монгол</a></li></ul> </li> <li class="tt-suggestion" data-original-index="106"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/montenegro">Montenegro</a> </li> <li class="tt-suggestion" data-original-index="107"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/morocco">Morocco</a> <ul> <li lang="ar"><a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/morocco">عربي</a></li> <li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/morocco">Français</a></li> </ul> </li> <li class="tt-suggestion" data-original-index="108"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/mozambique">Mozambique</a> <ul><li lang="pt"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/pt/country/mozambique">Português</a></li></ul> </li> <li class="tt-suggestion" data-original-index="109"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/myanmar">Myanmar</a> </li> <li class="tt-suggestion" data-original-index="110"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/namibia">Namibia</a> </li> <li class="tt-suggestion" data-original-index="111"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/nepal">Nepal</a> </li> <li class="tt-suggestion" data-original-index="112"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/netherlands">Netherlands</a> </li> <li class="tt-suggestion" data-original-index="113"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/nicaragua">Nicaragua</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/nicaragua">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="114"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/niger">Niger</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/niger">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="115"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/nigeria">Nigeria</a> </li> <li class="tt-suggestion" data-original-index="116"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/norway">Norway</a> </li> <li class="tt-suggestion" data-original-index="117"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/gcc">Oman</a> </li> <li class="tt-suggestion" data-original-index="118"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pakistan">Pakistan</a> </li> <li class="tt-suggestion" data-original-index="119"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Palau</a> </li> <li class="tt-suggestion" data-original-index="120"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/panama">Panama</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/panama">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="121"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/png">Papua New Guinea</a> </li> <li class="tt-suggestion" data-original-index="122"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/paraguay">Paraguay</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/paraguay">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="123"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/peru">Peru</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/peru">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="124"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/philippines">Philippines</a> </li> <li class="tt-suggestion" data-original-index="125"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/poland">Poland</a> <ul><li lang="pl"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/pl/country/poland">Polski</a></li></ul> </li> <li class="tt-suggestion" data-original-index="126"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/portugal">Portugal</a> </li> <li class="tt-suggestion" data-original-index="127"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/gcc">Qatar</a> </li> <li class="tt-suggestion" data-original-index="128"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/romania">Romania</a> <ul><li lang="ro"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/ro/country/romania">Română</a></li></ul> </li> <li class="tt-suggestion" data-original-index="129"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/russia">Russia</a> <ul><li lang="ru"><a class="lang-list dropdown-item tt-menu-list" href="https://www.vsemirnyjbank.org/ru/country/russia">Русский</a></li></ul> </li> <li class="tt-suggestion" data-original-index="130"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/rwanda">Rwanda</a> <ul><li lang="fr"> <a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/rwanda">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="131"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Samoa</a> </li> <li class="tt-suggestion" data-original-index="132"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/saotome">Sao Tome and Principe</a> <ul><li lang="pt"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/pt/country/saotome">Português</a></li></ul> </li> <li class="tt-suggestion" data-original-index="133"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/senegal">Senegal</a> <ul><li lang="fr"> <a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/senegal">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="134"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/serbia">Serbia</a> </li> <li class="tt-suggestion" data-original-index="135"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/seychelles">Seychelles</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/seychelles">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="136"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/sierraleone">Sierra Leone</a> </li> <li class="tt-suggestion" data-original-index="137"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/singapore">Singapore</a> </li> <li class="tt-suggestion" data-original-index="138"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/eu">Slovak Republic</a> </li> <li class="tt-suggestion" data-original-index="139"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/eu">Slovenia</a> </li> <li class="tt-suggestion" data-original-index="140"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Solomon Islands</a> </li> <li class="tt-suggestion" data-original-index="141"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/somalia">Somalia</a> </li> <li class="tt-suggestion" data-original-index="142"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/southafrica">South Africa</a> </li> <li class="tt-suggestion" data-original-index="143"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/southsudan">South Sudan</a> </li> <li class="tt-suggestion" data-original-index="144"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/spain">Spain</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/spain">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="145"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/srilanka">Sri Lanka</a> </li> <li class="tt-suggestion" data-original-index="146"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caribbean">St. Kitts and Nevis</a> </li> <li class="tt-suggestion" data-original-index="147"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caribbean">St. Lucia</a> </li> <li class="tt-suggestion" data-original-index="148"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caribbean">St. Vincent and Grenadines</a> </li> <li class="tt-suggestion" data-original-index="149"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/sudan">Sudan</a> </li> <li class="tt-suggestion" data-original-index="150"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caribbean">Suriname</a> </li> <li class="tt-suggestion" data-original-index="151"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/swaziland">Swaziland</a> </li> <li class="tt-suggestion" data-original-index="152"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/sweden">Sweden</a> </li> <li class="tt-suggestion" data-original-index="153"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/switzerland">Switzerland</a> </li> <li class="tt-suggestion" data-original-index="154"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/syria">Syria</a> <ul><li lang="ar"><a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/syria">عربي</a></li></ul> </li> <li class="tt-suggestion" data-original-index="155"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/tajikistan">Tajikistan</a> <ul><li lang="ru"><a class="lang-list dropdown-item tt-menu-list" href="https://www.vsemirnyjbank.org/ru/country/tajikistan">Русский</a></li></ul> </li> <li class="tt-suggestion" data-original-index="156"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/tanzania">Tanzania</a> </li> <li class="tt-suggestion" data-original-index="157"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/thailand">Thailand</a> <ul><li lang="th"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/th/country/thailand">ภาษาไทย</a></li></ul> </li> <li class="tt-suggestion" data-original-index="158"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/timor-leste">Timor Leste (East Timor)</a> </li> <li class="tt-suggestion" data-original-index="159"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/togo">Togo</a> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/togo">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="160"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Tonga</a> </li> <li class="tt-suggestion" data-original-index="161"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/caribbean">Trinidad and Tobago</a> </li> <li class="tt-suggestion" data-original-index="162"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/tunisia">Tunisia</a> <ul><li lang="ar"><a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/tunisia">عربي</a></li></ul> <ul><li lang="fr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.banquemondiale.org/fr/country/tunisia">Français</a></li></ul> </li> <li class="tt-suggestion" data-original-index="163"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/turkey">Turkey</a> <ul><li lang="tr"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/tr/country/turkey">Türkçe</a></li></ul> </li> <li class="tt-suggestion" data-original-index="164"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/turkmenistan">Turkmenistan</a> <ul><li lang="ru"><a class="lang-list dropdown-item tt-menu-list" href="https://www.vsemirnyjbank.org/ru/country/turkmenistan">Русский</a></li></ul> </li> <li class="tt-suggestion" data-original-index="165"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Tuvalu</a> </li> <li class="tt-suggestion" data-original-index="166"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/uganda">Uganda</a> </li> <li class="tt-suggestion" data-original-index="167"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/ukraine">Ukraine</a> <ul><li lang="uk"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/uk/country/ukraine">Yкраїнський</a></li></ul> </li> <li class="tt-suggestion" data-original-index="168"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/country/gcc">United Arab Emirates</a> </li> <li class="tt-suggestion" data-original-index="169"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/unitedkingdom">United Kingdom</a> </li> <li class="tt-suggestion" data-original-index="170"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/unitedstates">United States of America</a> </li> <li class="tt-suggestion" data-original-index="171"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/uruguay">Uruguay</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/uruguay">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="172"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/uzbekistan">Uzbekistan</a> <ul><li lang="ru"><a class="lang-list dropdown-item tt-menu-list" href="https://www.vsemirnyjbank.org/ru/country/uzbekistan">Русский</a></li></ul> </li> <li class="tt-suggestion" data-original-index="173"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/pacificislands">Vanuatu</a> </li> <li class="tt-suggestion" data-original-index="174"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/venezuela">Venezuela</a> <ul><li lang="es"><a class="lang-list dropdown-item tt-menu-list" href="https://www.bancomundial.org/es/country/venezuela">Español</a></li></ul> </li> <li class="tt-suggestion" data-original-index="175"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/vietnam">Vietnam</a> <ul><li lang="vi"><a class="lang-list dropdown-item tt-menu-list" href="https://www.worldbank.org/vi/country/vietnam">Tiẽng Việt</a></li></ul> </li> <li class="tt-suggestion" data-original-index="176"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/westbankandgaza">West Bank and Gaza</a> <ul><li lang="ar"> <a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/westbankandgaza">عربي</a></li></ul> </li> <li class="tt-suggestion" data-original-index="177"> <a class="country-name dropdown-item tt-menu-list" href="https://www.worldbank.org/en/where-we-work/yemen">Yemen</a> <ul><li lang="ar"> <a class="lang-list dropdown-item tt-menu-list" href="https://www.albankaldawli.org/ar/country/yemen">عربي</a></li></ul> </li> <li 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media="(min-width:992px)" srcset="https://worldbank.scene7.com/is/image/worldbankprod/kz-energy-efficient-light-bulbs-780x439?wid=780&hei=439&qlt=85,0&resMode=sharp" class="img-responsive"> <source media="(min-width:768px)" srcset="https://worldbank.scene7.com/is/image/worldbankprod/kz-energy-efficient-light-bulbs-780x439?wid=780&hei=439&qlt=85,0&resMode=sharp" class="img-responsive"> <source media="(min-width:320px)" srcset="https://worldbank.scene7.com/is/image/worldbankprod/kz-energy-efficient-light-bulbs-780x439?wid=780&hei=439&qlt=85,0&resMode=sharp" class="img-responsive"> <img src="https://worldbank.scene7.com/is/image/worldbankprod/kz-energy-efficient-light-bulbs-780x439?wid=780&hei=439&qlt=85,0&resMode=sharp" alt="Selecting energy efficient light bulbs" title="Selecting energy efficient light bulbs" class="img-responsive lp-cover" id="sr__figure__69fd58703b5b46919788328afd20aaff"> </picture> </div> <figcaption aria-describedby="sr__figure__69fd58703b5b46919788328afd20aaff"> </figcaption> </figure> </div> </div> <div class="redesign_synopsis parbase section"> </div> <hr aria-hidden="true"> <div class="redesign_static_content section">   <section > <article class="lp__body_content section " > <p>Kazakhstan, a vast and resource-rich nation in Central Asia, is at a crossroads in its energy sector. With a growing emphasis on sustainability and a need to align with global decarbonization efforts, the country is embarking on a transformative initiative that aims to ensure the security and reliability of its energy supply. At the heart of this endeavor is a comprehensive energy subsidy reform package, driven by a partnership between the Government of Kazakhstan and the World Bank, working closely with the private sector.</p><h3 class='lp__lead_mdtitle'><strong>A Vision for Reform and a New Methodology</strong></h3><p>Kazakhstan's energy sector has long been dependent on fossil fuels, and the country now faces the challenge of phasing out inefficient subsidies and modernizing its energy infrastructure. According to the International Energy Agency (IEA), Kazakhstan's fossil fuel subsidies amounted to approximately 6% of its 2021 GDP, placing it among the top 25 countries in terms of the magnitude of such subsidies. Recognizing the need for change, the government has committed to reforming and gradually phasing out these costly subsidies, and as part of this effort has introduced initiatives like the "tariff for investment" program to facilitate this transition.</p><p>The core of this transformation is the development of an incentive-based tariff regulation methodology, which aims to incentivize responsible and sustainable energy practices by linking financial rewards to the achievement of specific goals. To implement this methodology and approach, the government is pursuing a multifaceted reform effort that involves the design of a more equitable tariff structure, provisions for social protection to protect the vulnerable from potential price hikes, and the reinforcement of the institutional setup for tariff regulation.</p><h3 class='lp__lead_mdtitle'><strong>A Path to Sustainability</strong></h3><p>Kazakhstan's energy subsidy reform journey is well underway - the package of reforms, including a new methodology for regulating the electricity and heating sectors was approved by the government before the end of 2023. Pilot implementation is scheduled for 2024, and it is anticipated that these initial steps will pave the way for broader industry integration. This integration will harmonize investment incentives with regulations—promoting innovation and sustainability, while also driving investments into the sector and improving operational efficiency.</p> </article></section> <div class="clearfix"></div> </div> <hr aria-hidden="true"> <div class="redesign_pullquote parbase section"> <div class="lp__pullquote parbase section"> <div class="lp__pullquote_body" > <div class="lp__pullquote_title"><q>The reform aims to ensure sustainable production and provision of electricity and heating services, as well as to facilitate the country's transition to cleaner energy sources. This year there will be a reboot of tariff policy by introducing new methods of tariff setting and increasing the investment attractiveness of the industry. We are grateful to the World Bank for the efforts to develop this methodology and training of specialists in the application of the new incentive-based methodology before the planned piloting in 2024.</q></div><div class="lp__pullquote_object"> <div class="lp__pullquote_img"> <img src="/content/dam/photos/220x220/2024/jan/kz-asan-darbayev-220x220.jpg" title="Fatimetou Mint Mohamed" class="img-responsive" alt="Fatimetou Mint Mohamed"/> </div> <div class="lp__pullquote_content"> <div class="author_title">Asan Darbayev</div> <div class="author_subtitle">Chairman of the Committee for the Regulation of Natural Monopolies of the Ministry of National Economy of the Republic of Kazakhstan</div> </div> </div></div></div> </div> <hr aria-hidden="true"> <div class="c02v2_multimedia section"> </div> <hr aria-hidden="true"> <div class="c02v2_multimedia section"> </div> <hr aria-hidden="true"> <div class="redesign_static_content section">   <section > <article class="lp__body_content section " > <p>The success of these reforms relies heavily on efficient coordination and implementation of policy measures and consolidation of all regulatory function with the involvement and engagement of relevant stakeholders. Currently, regulatory responsibilities are fragmented across multiple entities across Kazakhstan, resulting in inefficiencies.  Taking this into consideration the World Bank has also provided recommendations to enhance the institutional framework through consolidation of all regulatory functions within a specialized organization to improve the effectiveness of energy regulation and oversight in the country.</p><h3 class='lp__lead_mdtitle'><strong>Knowledge Sharing for Success</strong></h3><p>Knowledge sharing and communication in energy subsidy reform are also critical to the success of Kazakhstan’s initiative. Recognizing this, the World Bank has organized a series of workshops to bring in valuable international best practices and insights. Discussions at these workshops have been essential in educating and engaging stakeholders in the reform process. A dedicated workshop for regulatory experts and sector companies held in October 2023 covered the energy subsidy reform study and new methodology, key principles, and implementation processes, promoting active engagement and providing an overview of the implementation roadmap. An earlier energy tariff communication workshop in May 2023 shared experiences from countries like Bosnia and Herzegovina, Egypt, Georgia, Moldova, Nigeria, and North Macedonia. These sessions have enabled the government and stakeholders to tap into a wealth of global knowledge in designing better policy.</p><p><span> <figure class='lp__body_content_full_size'> <picture><source type=image/webp media=(min-width:768px) srcset='https://worldbank.scene7.com/is/image/worldbankprod/kz-energy-reform-event-780x439?wid=780&hei=439&qlt=85,0&resMode=sharp' class=img-responsive><source media=(min-width:992px) srcset='https://worldbank.scene7.com/is/image/worldbankprod/kz-energy-reform-event-780x439?wid=780&hei=439&qlt=85,0&resMode=sharp' class=img-responsive><source type=image/webp media=(min-width:320px) srcset='https://worldbank.scene7.com/is/image/worldbankprod/kz-energy-reform-event-780x439?wid=780&hei=439&qlt=85,0&resMode=sharp' class=img-responsive><source media=(min-width:768px) srcset='https://worldbank.scene7.com/is/image/worldbankprod/kz-energy-reform-event-780x439?wid=780&hei=439&qlt=85,0&resMode=sharp' class=img-responsive><img src='https://worldbank.scene7.com/is/image/worldbankprod/kz-energy-reform-event-780x439?wid=780&hei=439&qlt=85,0&resMode=sharp' class='img-responsive' alt='Energy reform event participants' title='' id='fig_d95b92f2c3cd481ca42954145f8a7440_1'></picture><figcaption aria-describedby='fig_d95b92f2c3cd481ca42954145f8a7440_1'>The Energy Tariff Workshop in Astana gathered over 70 online and offline participants to discuss practical application of the proposed package of reforms and the new tariff methodology.</figcaption></figure><br> </span>This energy subsidy reform initiative represents a pivotal milestone for Kazakhstan in working towards a more secure, sustainable, and reliable energy supply. As the country takes bold steps toward a cleaner and greener energy future, these proposed reforms will also help incentivize private sector participation in developing renewable energy.</p><p>Kazakhstan’s progress on the energy transition can serve as a model for other countries in the region and beyond on advancing a just transition away from fossil fuels–helping to build a more sustainable, resilient economy for all.</p><p><sub><i>The World Bank’s support to Kazakhstan on energy subsidy reform is provided through energy sector programmatic technical assistance co-funded by the </i><a href="https://www.esmap.org/"><i>Energy Sector Management Assistance Program</i></a><i> (ESMAP).</i></sub></p> </article></section> <div class="clearfix"></div> </div> <div class="embedcode section"> <div class="clearfix" aria-hidden="true"></div> </div> <div class="redesign_static_content section">   </div> <hr aria-hidden="true"> <div class="redesign_title parbase section"> </div> <hr 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Empowering the Future of Kazakhstan's Energy Sector