1. Results for the reporting year

The National Allowances Plan for 2022-2025 was developed in accordance with paragraph 2 of Article 290 of the Environmental Code of the Republic of Kazakhstan.

• The main goal of the National Allowances Plan is to allowance carbon dioxide emissions from allowance entities for the period 2022-2025 in order to ensure compliance with national and international commitments to reduce greenhouse gas emissions (hereinafter referred to as GHG) based on a market–based GHG emissions trading mechanism.
• An allowance entity is an operator of installation whose GHG emissions exceed 20,000 tons of CO2.
• According to Article 291 of the Environmental Code of the Republic of Kazakhstan, the distribution of carbon allowance units among allowance entities is carried out on the terms of their free distribution and sale through an auction within the volumes determined by the National Allowances Plan.
• Carbon allowance units within the scope of the National Allowances Plan may be transferred from one reporting period to another. Unused (outstanding) carbon allowance units are not transferred to the next National Allowances Plan.
• The carbon allowance units expire on the first of October of the year following the last reporting year of the corresponding National Allowances Plan on the basis of which they were allocated.

Data on the distribution of carbon units by regulated sectors of the economy according to the National Allowances Plan for the 2022-2025

Year

Regulated sector of the economy

Number of installations

Number of carbon units

Emission volume, tons of CO2

Carbon units withdrawn

Additional carbon units issued

Total at the end of the year

Carbon unit trading

Bought

Sold

2022

Electrical power industry

95

95 304 595

96 084 989

5 682 888

7 221 267

757 985

3 554 166

1 476 927

Oil and gas industry

53

23 039 151

19 751 772

1 412 463

1 765 160

3 640 076

414 769

370 454

Mining industry

22

7 334 212

3 205 913

303 765

169 168

3 993 702

4 539

1 150 090

Metallurgical industry

20

30 747 135

26 018 848

3 819 274

15 554

924 567

40 264

0

Chemical industry

7

1 715 105

1 573 949

94 974

27 132

73 314

49 510

0

Processing industry

15

8 019 802

8 481 675

235 598

1 866 955

1 169 484

80 829

49 093

Carbon offset projects

-

-

-

-

-

-

339 232

1 436 745


2023

Electrical power industry

97

93 872 608

94 258 698

5 952 205

6 655 378

317 083

2 306 781

1 039 482

Oil and gas industry

60

22 692 974

21 291 840

1 475 018

2 154 363

2 080 479

321 540

134 074

Mining industry

21

7 224 012

3 051 153

91 007

70 483

4 152 335

229 347

1 456 803

Metallurgical industry

21

30 285 148

24 278 420

4 868 812

295 175

1 433 091

82 287

261 824

Chemical industry

7

1 689 335

1 444 152

275 537

20 740

-9 614

42 006

0

Processing industry

17

7 899 302

8 606 014

594 797

2 056 600

755 091

50 560

53 631

Carbon offset projects

-

-

-

-

-

-

0

86 707


2024

Electrical power industry

98

94 343 363

94 757 652

5 996 869

6 001 430

-443 271

2 459 548

1 373 879

Oil and gas industry

60

22 921 486

22 001 845

1 665 043

2 432 530

1 687 128

595 903

449 555

Mining industry

22

2 864 801

2 813 632

88 090

270 724

233 803

89 425

992 821

Metallurgical industry

23

30 383 809

27 540 342

3 349 914

1 632 585

1 126 138

926 098

433 216

Chemical industry

8

2 464 510

1 767 508

193 714

33 513

536 801

61 354

0

Processing industry

18

9 109 279

8 597 504

872 561

1 180 028

819 242

94 477

230 118

Carbon offset projects

-

-

-

-

-

-

1 330 043

2 077 259

Volumes of carbon units and CO2 emissions, by regulated sectors of the economy

Carbon unit trading volumes, by regulated sectors of the economy, million carbon units