Kazakhstan Advances Plans for National Blue Taxonomy and Finance Market
Summary
Kazakhstan is outlining practical steps toward a national blue taxonomy and blue bonds market to support sustainable water management.
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The AIFC Green Finance Centre (AIFC GFC), the United Nations Development Programme (UNDP), and the Partnership for Action on Green Economy (PAGE) hosted a dedicated session on blue finance at Astana Finance Days.
The session, titled “Advancing Blue Finance in Kazakhstan: Blue Taxonomy and Blue Bonds for Sustainable Water Management,” focused on developing a framework for sustainable water project funding. Experts reviewed the implementation of a national blue taxonomy and the deployment of blue bonds.
The discussion highlighted practical steps required to establish Kazakhstan's blue finance architecture and mobilize capital for vital water sustainability initiatives across the country.
Source: AIFC News
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