Tackling climate change is one of the key challenges of the XXI century.
Carbon credits are a quota for an allowable amount of emissions to the environment. pay a fine or buy a carbon credit on the open market.
emissions by 15% by 2030.
The carbon trading system in the Republic of Kazakhstan consists of primary and secondary carbon markets.
B produce 30,000 tonnes of CO2 each as a result of the allocation.
If the quota is exceeded, there is administrative liability to pay a fine for each unit of quota above the set volume.
transferred to the next National Carbon Plan.
One of the problems of ETS in Kazakhstan is the low value of the carbon quota. unit shall rise from $1.1 in 2021 to $50.8 per tonne in 2026-2030.
In addition, there is a lack of transparency of trade in the different markets.
the carbon market in Kazakhstan need to be addressed.