Promoting Sustainable Economic Cooperation: Insights from the 41st Berlin Eurasian Club Meeting
Key Ideas
  • Key outcomes of German Chancellor's visit to Kazakhstan and progress in ESG principles implementation were discussed.
  • Focus on creating a sustainable economy, aligning with European laws, and aiming for climate neutrality by 2060.
  • Acknowledgment of Kazakhstan's green hydrogen project and Global Methane Pledge, highlighting collaboration opportunities.
  • Financial sector driving ESG principles in Kazakhstan, with regulatory acts enhancing transparency in banking and financing new projects.
The Berlin Eurasian Club (BEC) convened for its 41st meeting in Brussels, emphasizing the importance of ESG principles in economic cooperation between Kazakhstan, the European Union, and Germany. Kazakhstan's Deputy Foreign Minister highlighted outcomes of the German Chancellor's visit and progress in implementing sustainability principles. The push towards a sustainable economy, in line with European laws, and the goal of achieving climate neutrality by 2060 were underscored. The meeting also recognized Kazakhstan's green hydrogen project and participation in the Global Methane Pledge, showcasing collaboration potential in energy connectivity. Regulatory acts in the financial sector are driving transparency and promoting ESG approaches in banking and financing new projects. The BEC, since its establishment in 2012, fosters dialogue among Kazakhstan, Central Asia, and the EU in various cooperation areas.
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