{
  "title": "Republic of Kazakhstan: Selected Issues",
  "publication": "IMF Staff Country Reports, January 31, 2025",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2025/01/31/republic-of-kazakhstan-selected-issues-561429",
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  "summary": "This Selected Issues paper takes stock of climate-related challenges and policies in Kazakhstan. Kazakhstan faces increasingly pressing climate-related risks, including from catastrophic natural events, and from potential losses in output and jobs due to global decarbonization.",
  "sections": [
    {
      "heading": "Summary and key findings",
      "content": "- The paper takes stock of climate-related challenges and policies in Kazakhstan.\n- Kazakhstan faces increasingly pressing climate-related risks, including from catastrophic natural events, and from potential losses in output and jobs due to global decarbonization.\n- The authorities have made significant progress in tackling these challenges through adaptation, mitigation and transition policies.\n- Quantitative analyses show Kazakhstan is relatively well positioned to address climate-related challenges, benefiting from substantial policy space, buffers, and significant prospective public resources from future carbon taxation.\n- These buffers and prospective revenues will help cushion potential adverse impacts of economic greening and transformation, especially on the most vulnerable population groups."
    },
    {
      "heading": "Policy priorities and recommendations",
      "content": "- Phase out fossil-fuel subsidies.\n- Raise carbon prices.\n- Facilitate the transition to renewable energy sources.\n- Establish early warning systems for catastrophic climate events.\n- Integrate climate considerations in fiscal and monetary policies.\n- Tailor certain reforms to carbon-intensive sectors."
    },
    {
      "heading": "Thematic coverage and scope",
      "content": "- Major themes covered: adaptation, mitigation, and transition policies; catastrophic natural events; output and employment risks from global decarbonization; fiscal and monetary integration of climate considerations; sectoral reform in carbon-intensive industries.\n- Subject tags listed: Business cycles, Credit, Economic growth, Environment, Financial cycles, Financial sector policy and analysis, Greenhouse gas emissions, Money, Non-renewable resources.\n- Keywords listed: Business cycles, climate policy scenario, Credit, D. policy consideration, Financial cycles, Global, Greenhouse gas emissions, IMF-ENV model description, IMF-ENV scenario result, Non-renewable resources, Policy recommendation.\n\n---\n\n Content in this bundle\n\n- Republic of Kazakhstan: Selected Issues; IMF Country Reoprt No. 25/31; November 12, 2024\n  - Republic of Kazakhstan: Selected Issues; IMF Country Reoprt No. 25/31; November 12, 2024 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Republic of Kazakhstan: Selected Issues; IMF Country Reoprt No. 25/31; November 12, 2024 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: January 31, 2025",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9798229000253.002",
    "The paper takes stock of climate-related challenges and policies in Kazakhstan.",
    "Kazakhstan faces increasingly pressing climate-related risks, including from catastrophic natural events, and from potential losses in output and jobs due to global decarbonization.",
    "The authorities have made significant progress in tackling these challenges through adaptation, mitigation and transition policies.",
    "Quantitative analyses show Kazakhstan is relatively well positioned to address climate-related challenges, benefiting from substantial policy space, buffers, and significant prospective public resources from future carbon taxation.",
    "These buffers and prospective revenues will help cushion potential adverse impacts of economic greening and transformation, especially on the most vulnerable population groups.",
    "Phase out fossil-fuel subsidies.",
    "Raise carbon prices.",
    "Facilitate the transition to renewable energy sources.",
    "Establish early warning systems for catastrophic climate events.",
    "Integrate climate considerations in fiscal and monetary policies.",
    "Tailor certain reforms to carbon-intensive sectors.",
    "Major themes covered: adaptation, mitigation, and transition policies; catastrophic natural events; output and employment risks from global decarbonization; fiscal and monetary integration of climate considerations; sectoral reform in carbon-intensive industries.",
    "Subject tags listed: Business cycles, Credit, Economic growth, Environment, Financial cycles, Financial sector policy and analysis, Greenhouse gas emissions, Money, Non-renewable resources.",
    "Keywords listed: Business cycles, climate policy scenario, Credit, D. policy consideration, Financial cycles, Global, Greenhouse gas emissions, IMF-ENV model description, IMF-ENV scenario result, Non-renewable resources, Policy recommendation.",
    "**Republic of Kazakhstan: Selected Issues; IMF Country Reoprt No. 25/31; November 12, 2024**"
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