As of 9 June 2017, organisations intending to implement projects that aim to reduce greenhouse gas (GHG) emissions and absorption increase, are required to follow the revised procedure in order to have such projects approved by the relevant authority in Kazakhstan.
Projects aiming to reduce GHG emissions or increase GHG absorption may only be implemented in certain areas of industrial activity. Such areas include agriculture, mining and metallurgic industry activities (mine methane utilisation), renewable energy sources, waste recycling, transport, energy efficient construction, energy saving, prevention of soil degradation and residential/municipal activities. The list of such activities is set out by the Environmental Code of Kazakhstan (Article 94-10).
In order to have a project approved the applicant must validate project documentation and a plan for monitoring of project implementation by a specially accredited verification and validation body.
After having the documentation and the plan validated, the applicant must submit them to the relevant authority for approval. The authority is required to take a decision on whether to approve the project within 30 calendar days.
Law: Decree No. 306 of 29 May 2017 on the Amendment of Rules for Consideration, Approval and Implementation of Projects Aimed at the Reduction of Greenhouse Gas Emissions and Absorption of Greenhouse Gases