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Summary
The Asian Development Bank (ADB) will help Kazakhstan convert its climate commitments into supporting investments and scale up access to global climate finance, the bank’s president said in a meeting with Kazakhstan President Kassym-Jomart Tokayev this week.
The ADB President also witnessed the signing of a loan agreement to modernize a combined heat and power plant in Almaty. The project is expected to significantly reduce carbon emissions and improve air quality in Kazakhstan’s largest city while enabling residents to continue heating their homes through the country’s cold winters.
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