(MENAFN- AzerNews) By
President of Kazakhstan Kassym-Jomart Tokayev proposed to create
a Council of Turkic 'green' finance, reports on November 11.
Tokayev made the proposal during the Summit of the Organization
of Turkic States in Samarkand.
According to Tokayev, the development of 'green economy' is
currently an important priority.
'Climate change has given rise to many global problems, which,
of course, is of great concern to the international community. The
environmental consequences of this phenomenon are also holding back
the progress of our countries,' he further said.
The president noted that over the past seven years alone, the
countries have spent over $2.5 trillion on green bonds.
'To expand the capital market in this area, I propose to create
a Council of Turkic 'green' finance, which can be opened on the
basis of the 'Green' Finance Center of the Astana International
Financial Center (AIFC), given its experience and authority among
the world's largest companies. Besides, the duties of the
Secretariat of this Council could be assigned to the AIFC,' Tokayev
added.
----
Follow us on Twitter
MENAFN11112022000195011045ID1105170500
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Comments
No comment