Posts tagged Economic diversification
Powering a New Kazakhstan: The Shift Beyond Fossil Fuels

Kazakhstan, once heavily dependent on fossil fuels, is now shifting towards green energy to diversify its economy. Reliance on non-renewable resources drove economic growth and greatly contributed to the GDP but left the country vulnerable to global shocks and geopolitical tensions. In the last decade, legal and financial ground work has been established to foster the transition to renewable energy sources through foreign investments and increased competition in this new sector.

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