## Republic of Kazakhstan: Selected Issues

_IMF Staff Country Reports, January 31, 2025_

## Source details

**Canonical URL:** [Republic of Kazakhstan: Selected Issues](https://www.imf.org/en/publications/cr/issues/2025/01/31/republic-of-kazakhstan-selected-issues-561429)

## Other formats

- [Markdown version](/en/publications/cr/issues/2025/01/31/republic-of-kazakhstan-selected-issues-561429/index.md)
- [Structured JSON version](/en/publications/cr/issues/2025/01/31/republic-of-kazakhstan-selected-issues-561429/index.json)
- [Bundle manifest](/en/publications/cr/issues/2025/01/31/republic-of-kazakhstan-selected-issues-561429/bundle-manifest.json)

## Bibliographic details
- Published: January 31, 2025
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229000253.002

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### Summary and key findings
- 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.

### Policy priorities and recommendations
- 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.

### Thematic coverage and scope
- 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.

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## Content in this bundle

- **Republic of Kazakhstan: Selected Issues; IMF Country Reoprt No. 25/31; November 12, 2024**
  - [Republic of Kazakhstan: Selected Issues; IMF Country Reoprt No. 25/31; November 12, 2024 (Markdown version)](/-/media/files/publications/cr/2025/english/1kazea2025002-print-pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Republic of Kazakhstan: Selected Issues; IMF Country Reoprt No. 25/31; November 12, 2024 (PDF)](/-/media/files/publications/cr/2025/english/1kazea2025002-print-pdf.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2025/01/31/republic-of-kazakhstan-selected-issues-561429_