the managing director of energy and natural resources at the ebrd.sia and azerbaijan. thank you forjoining us today. i want to start with you, why the urgency for kazakhstan to get to these renewable energy goals and targets? why is the country doing this? we are known as an oil—rich country and we produce 1.6 million barrels per day and we are going to double it in the next 15—20 years. but the recent events and the dramatic shift in our commodities prices, especially in the oil sector, even with the new technology factors, like shell oil for example, in the united states, from one side. it gives us ideas that probably the era of high prices for oil is over, from one side. and from the other side, the other disruptive technologies, for example, like new automobile tendencies, like driverless cars, more focus on electric energy. i think that this is a paradigm shift and everyone realises the technology is shifting and changing and disrupting. and in kazakhstan we understand it and we should be preparing very well from one side. and for the other side

the managing director of energy and natural resources at the ebrd. asia and azerbaijan. thank you forjoining us today. i want to start with you, why the urgency for kazakhstan to get to these renewable energy goals and targets? why is the country doing this? we are known as an oil—rich country and we produce 1.6 million barrels per day and we are going to double it in the next 15—20 years. but the recent events and the dramatic shift in our commodities prices, especially in the oil sector, even with the new technology factors, like shell oil for example, in the united states, from one side. it gives us ideas that probably the era of high prices for oil is over, from one side. and from the other side, the other di5ruptive technologies, for example, like new automobile tendencies, like driverless car5, more focus on electric energy. i think that this is a paradigm shift and everyone realises the technology is shifting and changing and disrupting. and in kazakhstan we understand it and we should be preparing very well from one side. and for the other si