Forest carbon offset mechanisms, Bitfury initiative

Project objective

The goal of the Project is to implement comprehensive measures in Kazakhstan to absorb CO2 emissions by forest ecosystems. The main objectives of the Project will be achieved through the following measures (1) reduction of the “carbon footprint” produced by Bitfury’s electricity suppliers in the Republic of Kazakhstan by 110% with a total consumption of 82 MW (2) supporting Kazakhstan’s national initiative to create compensation mechanisms to neutralize greenhouse emissions of gases in the framework of fulfilling the obligations under the Paris Agreement (3) contributing to the achievement of the UN Sustainable Development Goal, which involves the restoration of 350 million ha of forests of the world by 2030 combating climate change.

Components and Results:

Component 1: Transfer of unaccounted forests of East Kazakhstan and Pavlodar regions into the category of managed forestsThe biodiversity funding gap identified.

Outcome 1. At least 100,000 ha of unaccounted forests of East Kazakhstan and Pavlodar regions are transferred to the category of managed forests and registered in accordance with the legislation of the Republic of Kazakhstan.

Outcome 2. The technical potential of forestry is strengthened as a result of the purchase of firefighting equipment.

Outcome 3. Regulatory acts to ensure the implementation of forest carbon projects are developed and submitted to state bodies

Component 2: Creation of green spaces of 20 ha in Pavlodar region

Outcome 1. 20 ha of green spaces in Pavlodar region are created and transferred to the state.

Component 3: Drawing up of forest carbon projects

Outcome 1. Two forest carbon projects are drawn up and approved

Outcome 2. A set of documents for approval and registration of the project in the national registry of carbon projects is prepared

Outcome 3. An analysis of the impact of forest carbon projects on the gender balance in Kazakhstan is drawn up.

Component 4: Project management

Outcome 1. The Project is implemented in accordance with the expected results, time and financial framework provided for in this project document.

Implementing Partner:

Ministry of Ecology, Geology and Natural Resources of the Republic of Kazakhstan

Responsible Partner:

United Nations Development Programme in the Republic of Kazakhstan

Project Partners

Forestry and Wildlife Committee of the Ministry of Ecology, Geology and Natural Resources of the Republic of Kazakhstan

“Zhasyl damu” JSC

Akimat of East Kazakhstan region

Akimat of Pavlodar Region

Contact details

Talgat Kerteshev

UNDP Biodiversity Projects Portfolio Manager

Tel:  +7 (7172) 69-59-58

E-mail: talgat.kerteshev@undp.org