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Sustainable Businesses are the best investment Robyn Camp, USAID KCCMP Astana Economic Forum 23 May 2014 Kazakhstan Climate Change Mitigation Program (KCCMP) Казахстанская программа по сдерживанию изменения климата Goal: Support Kazakhstan for long-term, transformative development; accelerate sustainable economic growth while slowing and eventually reversing the growth of GHG emissions 1. Improve the capacity of the Government of Kazakhstan to implement and enforce GHG reducing policies and measures 2. Build capacity within the business community to comply with GHG reducing policies and measures, and 3. Improve the professional education of energy and climate change specialists in Kazakhstan. • 3 year program funded by USAID (2014-2016), implemented by Tetra Tech • Technical experts based in Astana www.kazccmp.org Kazakhstan is part of the global effort to take action on climate change 1992 1997 2012 2015 2050 Transforming to low-carbon economies Kazakhstan’s Low Carbon Development Efforts • • • • • Kazakhstan Strategy for 2050 Law on Energy Savings Green Economy Concept Emissions Trading Scheme International commitments Greenhouse gas emissions are part of doing business Price of one ton of CO2 Europe: $6.50/ton California: $12/ton Emissions trading schemes are increasingly being used for carbon mitigation Source: World Bank, 2013, Mapping Carbon Pricing Initiatives. Attracting investment • Understand your risks • The “new normal” is GHG management and disclosure Take advantage of opportunities from sustainability • Investments in energy efficiency can provide a 2:1 return (or more) • Growing market for green products Low carbon solutions benefit your bottom line and the climate The leading businesses of 2020 and beyond will be those who are addressing climate change in their operations today 2014 2020 2050 Sustainable Businesses are the best investment for today, tomorrow and beyond Robyn Camp Deputy Chief of Party USAID Kazakhstan Climate Change Mitigation Program [email protected] www.kazccmp.org
