The Development Bank of Kazakhstan (a subsidiary of Baiterek Holding, hereinafter – the Bank, DBK) has set a new benchmark for green-finance standards in Central Asia by receiving the prestigious international “Best Green Transaction” award during the Plenary Session of the Green Investment Principles for the Belt and Road (GIP) initiative.
Recognition of DBK as the laureate in the “Best Green Transaction” category by GIP not only reaffirms the Bank’s leading role in the region but also opens up new opportunities for attracting environmentally responsible investment into Kazakhstan’s economy.
This recognition is the outcome of the Bank’s ongoing commitment to sustainability and its constructive engagement in international initiatives supporting responsible finance.
“Receiving the Best Green Transaction award is clear confirmation that our chosen strategic course towards ESG integration is the right one. For us, it is not simply a trend, but a practical tool for ensuring the sustainable development of Kazakhstan’s economy,” – commented Marat Yelibayev, Chairman of the Management Board of the Development Bank of Kazakhstan.
Such high recognition highlights the key role of DBK in advancing green finance in Central Asia and further strengthens its position on the international stage as a reliable partner in the implementation of sustainability-oriented projects.
This was also emphasised by participants of the event, which brought together leading financial institutions and organisations committed to promoting sustainable development and the principles of green investment within the Belt and Road Initiative.
At present, GIP unites 48 global financial institutions from 17 countries, forming an international community focused on supporting environmentally responsible investment. The Development Bank of Kazakhstan became a signatory to the Green Investment Principles in 2024, thereby reaffirming its commitment to the principles of sustainable development.
Since joining the initiative, DBK has actively participated in annual progress reporting and provided project case studies for inclusion in the GIP Casebook, demonstrating real examples of the successful implementation of ESG initiatives.
The “Best Green Transaction” award serves as a strong incentive for DBK to continue its efforts in this area. The Bank intends to further expand its portfolio of green projects, contributing to the achievement of Kazakhstan’s sustainable-development goals and strengthening its position on the global map of green finance.
