{"id":2843196,"version":0,"headline":"Kazakhstan, Chad to get fossil fuel transition funding","dateModified":"2026-06-23T17:22:40Z","datePublished":"2026-06-23T17:22:08Z","articleBody":"<article><p class=\"lead\">Kazakhstan, Trinidad and Tobago and Chad will receive some funding from the $20mn Beyond Oil and Gas Alliance (Boga) fund, to support development of plans to transition away from fossil fuels.</p><p>The three oil-dependent economies will receive support from Boga and the NDC Partnership, under an initiative launched at the UN Cop 29 summit in Azerbaijan — the so-called first NDC Window. NDC stands for Nationally Determined Contribution, the climate plans countries have to produce and implement under the Paris Agreement.</p><p>Boga, an international alliance launched at Cop 26 in Glasgow, spearheaded by Denmark and Costa Rica, is working to facilitate a managed phase-out of oil and gas production. The NDC partnership is a coalition of developing and developed countries aiming to help developing countries turn climate plans into actions. </p><p>Kazakhstan produces around 1.7mn b/d of crude and condensate. The country <a href=\"https://direct.argusmedia.com/newsandanalysis/article/2388738\">adopted its first low-carbon strategy in 2022</a>. Chad exports most of its oil production of around 130,000 b/d. Its government said last year it wants to increase oil production to 250,000 b/d by 2030 and the share of renewable energies in national electricity production to 30pc by 2030, from 9pc in 2024. Trinidad and Tobago produces around 50,000 b/d of oil, from a peak of around 144,000 b/d in 2005. </p><p>The first NDC Window was aimed at supporting developing oil producing countries seeking to reflect, in their climate plans, energy commitments taken at Cop 28 in Dubai.</p><p>The outcome text Cop 28 in Dubai included an energy section calling for \"transitioning away from fossil fuels in energy systems\", a tripling of renewable capacity by 2030 and for \"accelerating action in this critical decade\".</p><p>The two organisations announced today at the London Climate Week a second window to support development of national and sectoral plans to cut fossil-fuel dependency in developing oil- and gas-producing countries.</p><p>Five countries have already benefited from financial support under the Boga fund — Barbados, Brazil, Colombia, Kenya and Nigeria. The latter last year received an initial $800,000 for a two-year period. </p><p class=\"bylines\">By Caroline Varin</p></article>","dateline":"Edinburgh, 23 June (Argus)","license":"<footer><p><br> Send comments and request more information at <a href=\"mailto:feedback@argusmedia.com?subject=Argus Direct article feedback&body=I am contacting you regarding Kazakhstan, Chad to get fossil fuel transition funding, available at http://direct.argusmedia.com/newsandanalysis/article/cs-24648627.\" target=\"_parent\"> feedback@argusmedia.com </a></p><p><i> Copyright © 2026. <a href=\"http://www.argusmedia.com/\" target=\"_blank\">Argus Media group</a>. All rights reserved. </i></p></footer>","copyrightHolder":"Argus Media group","copyrightYear":2026,"taxonomy":{"contexts":[{"name":"Politics","children":[{"name":"Energy policy","children":[]},{"name":"Environmental politics","children":[{"name":"Climate change","children":[]},{"name":"Renewable and alternative energy","children":[]}]}]}],"regions":[{"name":"Africa","children":[{"name":"Central Africa","children":[{"name":"Chad","children":[]}]}]},{"name":"FSU","children":[{"name":"Kazakhstan","children":[]}]},{"name":"Latin America and Caribbean","children":[{"name":"Trinidad and Tobago","children":[]}]}],"sectors":[{"name":"Crude oil","children":[]},{"name":"Emissions","children":[]},{"name":"Oil products","children":[]}]},"pullQuote":null,"newsType":"Daily news","language":"en-GB","keywords":null,"isFree":true,"isFeatured":false,"body":"<p class=\"lead\">Kazakhstan, Trinidad and Tobago and Chad will receive some funding from the $20mn Beyond Oil and Gas Alliance (Boga) fund, to support development of plans to transition away from fossil fuels.</p><p>The three oil-dependent economies will receive support from Boga and the NDC Partnership, under an initiative launched at the UN Cop 29 summit in Azerbaijan — the so-called first NDC Window. NDC stands for Nationally Determined Contribution, the climate plans countries have to produce and implement under the Paris Agreement.</p><p>Boga, an international alliance launched at Cop 26 in Glasgow, spearheaded by Denmark and Costa Rica, is working to facilitate a managed phase-out of oil and gas production. The NDC partnership is a coalition of developing and developed countries aiming to help developing countries turn climate plans into actions. </p><p>Kazakhstan produces around 1.7mn b/d of crude and condensate. The country <a href=\"https://direct.argusmedia.com/newsandanalysis/article/2388738\">adopted its first low-carbon strategy in 2022</a>. Chad exports most of its oil production of around 130,000 b/d. Its government said last year it wants to increase oil production to 250,000 b/d by 2030 and the share of renewable energies in national electricity production to 30pc by 2030, from 9pc in 2024. Trinidad and Tobago produces around 50,000 b/d of oil, from a peak of around 144,000 b/d in 2005. </p><p>The first NDC Window was aimed at supporting developing oil producing countries seeking to reflect, in their climate plans, energy commitments taken at Cop 28 in Dubai.</p><p>The outcome text Cop 28 in Dubai included an energy section calling for \"transitioning away from fossil fuels in energy systems\", a tripling of renewable capacity by 2030 and for \"accelerating action in this critical decade\".</p><p>The two organisations announced today at the London Climate Week a second window to support development of national and sectoral plans to cut fossil-fuel dependency in developing oil- and gas-producing countries.</p><p>Five countries have already benefited from financial support under the Boga fund — Barbados, Brazil, Colombia, Kenya and Nigeria. The latter last year received an initial $800,000 for a two-year period. </p><p class=\"bylines\">By Caroline Varin</p>","lead":"Kazakhstan, Trinidad and Tobago and Chad will receive some funding from the $20mn Beyond Oil and Gas Alliance (Boga) fund, to support development of plans to transition away from fossil fuels.","cmsId":"24648627","source":"Censhare"}