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In recent years, the Voluntary Carbon Market has become a popular topic in Central Asia, as the program heralds some promise for farmers and environmental groups alike. While farmers can generate additional income, environmental groups appreciate the convenient way for industry to reduce its carbon emissions.
To date, there are no carbon credits produced in Central Asia for the international market, but nations are moving in that direction. For example, Kazakhstan is drafting regulations to oversee the operation of a voluntary carbon market in the country. One project in the Aral region has begun the application process for carbon certification according to Plan Vivo Foundation, an internationally recognized certification organization, which specializes in nature-oriented carbon projects for growing forests, restoring pastures, and other areas of carbon certification.
The 20th edition of the WEFE Nexus lecture series will look more closely at the topic of carbon sequestration, the mechanisms for its operation, and explore the potential of (and steps needed for) the USAID ERAS-I Oasis project to earn the necessary certification.
The lecture will be delivered by Salibayev Alim, President of Qazaq Carbon, Director of SF Analytics (The Qazaq Carbon Private Fund was established in February 2023 as a specialized platform for creating climate projects aimed at solving environmental problems and improving the well-being of local residents in regions with serious environmental problems), whose experience in this field will cover the following topics: