De-risking Renewable Energy Investment

Lead country


Participating countries


Project status

Under implementation

Implementing period

From February 19, 2018 to February 19, 2023

SDGs addressed by this project

SDG targets

  1. 7.2 Increase share of global renewable energy
  2. 13.2 Integrate climate change into national policies, planning

Project ID: 5490

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Technical team

  • Energy Programme

Technical area(s)

  • Renewable Energy


  • Resource: Solar
  • Resource: Wind
  • Type: Thermal



Transformed sector(s)

  • Energy

UNDP role(s)

  • Capacity development / Technical assistance
  • Institutional mechanism and system building
  • Policy advice


  • Law regulation
  • Finance economy
  • Enabling


  • Laws/ Policy/ Plan formulation
  • Laws enforcement/ Regulation
  • Energy finance
  • New/other financial schemes/mechanism
  • Community engagement

Social inclusion

  • Private sector
  • Local community/CSOs

Gender equality

  • Awareness raising (on gender)

Gender result effectiveness scale

  • Gender responsive


  • Sci-tech pathway
  • People pathway
  • Systems pathway

Risk reduction target(s)

  • Hazard control/mitigation

SDG target(s)

  • 7.2 Increase share of global renewable energy
  • 13.2 Integrate climate change into national policies, planning

Conventions and protocols


Private sector(s)

  • Capital providers

Hot topic

  • Multi-stakeholder collaboration

About this project


The objective of the project is to promote private sector investment in renewable energy in Kazakhstan to achieve Kazakhstan's 2030 and 2050 targets for renewable energy. The project targets both large-scale and small-scale renewable energy.


Promote private-sector investment in renewable energy in Kazakhstan in order to achieve Kazakhstan"s 2030 target for renewable energy.

USD $4,660,000

Grant amount

USD $51,010,000

Leveraged amount (co-financing)


Source(s) of fund

Sources of fund


  • Global Environment Facility – Trust Fund ($4,660,000)

Implementing partner(s)

  • Government of Kazakhstan

Project metrics

Related resources

Geospatial information

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Project reports and documentation