Kazakhstan, AIIB Strengthen Partnership – News – AIIB

AIIB and Kazakhstan Commit to Sustainable Infrastructure Development

Ahead of the Asian Infrastructure Investment Bank’s (AIIB) Ninth Annual Meeting of the Board of Governors in Uzbekistan, AIIB and the Government of the Republic of Kazakhstan have committed to expand and strengthen cooperation to promote sustainable infrastructure development in Kazakhstan.

Signing of the Joined Declaration

In Astana, H.E. Nurlan Baibazarov, Deputy Prime Minister and Minister of National Economy of the Republic of Kazakhstan, who also serves as AIIB Governor, signed a Joined Declaration with AIIB Vice President Konstantin Limitovskiy.

AIIB’s Commitment

Limitovskiy said: “As a Founding Member of AIIB, Kazakhstan played a significant role in the establishment and growth of the Bank. Recognizing the tremendous potential for expanding and strengthening cooperation, AIIB looks forward to contributing to the successful implementation of Kazakhstan’s National Development Plan until 2029, as well as supporting the country’s decarbonization ambitions to achieve Net Zero by 2060.”

Shared Vision and Strategic Directions

The declaration outlines a shared vision and strategic directions for a comprehensive investment pipeline from 2025 to 2027. Both parties agreed to promote green infrastructure as well as connectivity and regional cooperation. The declaration also highlights the importance of advancing technology-enabled infrastructure, mobilizing private capital and creating an enabling environment for private sector participation.

Partnership for Sustainable Infrastructure Development

The partnership between Kazakhstan and AIIB demonstrates strong commitment to promoting sustainable infrastructure development and fostering economic development in the country.

About AIIB

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond—infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 109 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.

SDGs, Targets, and Indicators

1. SDG 9: Industry, Innovation, and Infrastructure

   • Target 9.1: Develop quality, reliable, sustainable, and resilient infrastructure
   • Indicator 9.1.1: Proportion of the rural population who live within 2 km of an all-season road
   • Indicator 9.1.2: Passenger and freight volumes, by mode of transport

2. SDG 11: Sustainable Cities and Communities

   • Target 11.2: Provide access to safe, affordable, accessible, and sustainable transport systems
   • Indicator 11.2.1: Proportion of population that has convenient access to public transport
   • Indicator 11.2.2: Passenger and freight volumes, by mode of transport

3. SDG 13: Climate Action

   • Target 13.2: Integrate climate change measures into national policies, strategies, and planning
   • Indicator 13.2.1: Number of countries that have integrated mitigation, adaptation, impact reduction, and early warning measures into their national policies, strategies, and planning

4. SDG 17: Partnerships for the Goals

   • Target 17.17: Encourage and promote effective public, public-private, and civil society partnerships
   • Indicator 17.17.1: Amount of approved funding for developing countries to promote the development, transfer, dissemination, and diffusion of environmentally sound technologies

Analysis

The article highlights the partnership between the Asian Infrastructure Investment Bank (AIIB) and the Government of the Republic of Kazakhstan to promote sustainable infrastructure development in Kazakhstan. Based on the content of the article, the following SDGs, targets, and indicators can be identified:

SDG 9: Industry, Innovation, and Infrastructure

The partnership between AIIB and Kazakhstan aims to develop quality, reliable, sustainable, and resilient infrastructure in Kazakhstan. This aligns with SDG 9, which focuses on promoting inclusive and sustainable industrialization and fostering innovation. The targets and indicators under SDG 9 that can be identified are:

• Target 9.1: Develop quality, reliable, sustainable, and resilient infrastructure
• Indicator 9.1.1: Proportion of the rural population who live within 2 km of an all-season road
• Indicator 9.1.2: Passenger and freight volumes, by mode of transport

SDG 11: Sustainable Cities and Communities

The partnership also aims to provide access to safe, affordable, accessible, and sustainable transport systems in Kazakhstan. This aligns with SDG 11, which focuses on making cities and human settlements inclusive, safe, resilient, and sustainable. The targets and indicators under SDG 11 that can be identified are:

• Target 11.2: Provide access to safe, affordable, accessible, and sustainable transport systems
• Indicator 11.2.1: Proportion of population that has convenient access to public transport
• Indicator 11.2.2: Passenger and freight volumes, by mode of transport

SDG 13: Climate Action

The partnership also highlights the importance of advancing technology-enabled infrastructure and supporting Kazakhstan’s decarbonization ambitions to achieve Net Zero by 2060. This aligns with SDG 13, which focuses on taking urgent action to combat climate change and its impacts. The target and indicator under SDG 13 that can be identified are:

• Target 13.2: Integrate climate change measures into national policies, strategies, and planning
• Indicator 13.2.1: Number of countries that have integrated mitigation, adaptation, impact reduction, and early warning measures into their national policies, strategies, and planning

SDG 17: Partnerships for the Goals

The partnership between AIIB and Kazakhstan demonstrates a strong commitment to promoting sustainable infrastructure development and fostering economic development in the country. This aligns with SDG 17, which focuses on strengthening the means of implementation and revitalizing the global partnership for sustainable development. The target and indicator under SDG 17 that can be identified are:

• Target 17.17: Encourage and promote effective public, public-private, and civil society partnerships
• Indicator 17.17.1: Amount of approved funding for developing countries to promote the development, transfer, dissemination, and diffusion of environmentally sound technologies

Table: SDGs, Targets, and Indicators

Source: aiib.org