The release of the Second Party Opinion (SPO)!

TOO "TechnoGroupService" announces the receipt of an External Evaluation (Second Party Opinion (SPO)) prepared by the Kazakh provider, the Green Finance Centre (GFC) (https://gfc.aifc.kz/en), for the verification of the Green Bond Framework (GBF) Policy. The SPO is already available on the official GFC website: https://gfc.aifc.kz/, and it has been included in the International Capital Market Association (ICMA) database of sustainable bond issuers. The release of the SPO is timed to coincide with the National Currency Day of the Republic of Kazakhstan, which is celebrated this year.

TOO "TechnoGroupService" expresses gratitude to the International Finance Corporation (IFC), the Agency for Regulation and Development of the Financial Market (ARDMF), the Kazakhstan Stock Exchange "KASE," and the Green Finance Centre of the AIFC for the opportunity to develop the GBF and issue the SPO, which are necessary for the future issuance of "green" bonds. These measures align with the development policy of "green" finance in Central Asian countries actively promoted by the President of the Republic of Kazakhstan, K. Tokayev (https://kz.kursiv.media/2023-11-03/fnsk-center/).

The first project to be implemented using the "green" finance mechanism is the construction of a 50 MW solar power plant "Kun Bulagy" in the Issyk-Kul region of the Kyrgyz Republic. The annual power generation capacity of the power station will be 84.9 million kWh, and it is expected to prevent CO2 emissions of 10.5 thousand tons.