The AIFC Green Finance Centre (GFC) was created to enable the development of green finance in Kazakhstan and Central Asia. The main goal is to bring investments for a sustainable economy through trending financial instruments, such as green and social bonds and loans. In addition to that, GFC provides strategic and business consulting in green finance and sustainable development to Governments, quasi-public organisations and private companies. GFC aids potential issuers/borrowers, investors and market players on raising sustainable finance, including bond issuance on Kazakhstan's capital markets.
In recognition of environmental and climate change risks and the growing importance of sustainable finance, AIFC will continue its work on implementation of its strategy of ensuring regional leadership of the AIFC in the sphere of green finance until 2025. In support of Kazakhstan's transition to green growth, GFC moved forward in 2021 by introducing relevant sustainable finance initiatives including the AIFC Statement of Commitment to Sustainable Finance Principles, ESG reporting framework for AIX-listed companies and launch of the Green Investment Principles Regional Chapter.
Julie Monaco, Managing Director, Global Head, Public Sector Banking, Capital Markets and Advisory Division, Citi: “Alongside the Government, the Astana International Financial Centre has been instrumental in developing the green framework in the national financial environment under its multi-faceted role of a coordinator, regulator and policy designer. Adherence to the ICMA Green Bonds Principles and self-developed AIX Green Bond Rules are well in line with what we have been seeing on major international capital markets and set future green transactions for success."