Economic instruments for environmental protection

The use of economic instruments for environmental protection in Kazakhstan has continued to be dominated by pollution charges that are levied on a very large number of air and water pollutants and different types of waste generated in industry. Product charges play only a marginal role. Subsidy schemes for promoting the diffusion of less pollution-intensive technologies, which were mentioned in the Law of Environmental Protection (LEP) of 1997, have not been implemented. But they are mentioned again in the Environmental Code, which entered into force at the beginning of 2007, and which integrates the LEP. The Code also provides the legal basis for the establishment of rehabilitation funds at the enterprise level and the introduction of market-based emission trading schemes. There are also provisions for an economic, i.e. monetary, assessment of environmental damages from environmental pollution. But details concerning the implementation of all these new provisions have still to be elaborated.

Sustainable Development Goals:

Climate Action