BCSD Kazakhstan
19 March / 2021
Side Event

Natural Capital and Sustainable Markets: A new holistic approach to the management of natural resources for extractive industry in Kazakhstan

About the event

BCSD Kazakhstan and partners are hosting online sessions
«Natural Capital and Sustainable Markets: A new holistic approach to the management of natural resources for the extractive industry in Kazakhstan»

Thematic discussion has been opened as a side event of the The We Value Nature 10-day challenge of World Business Council for Sustainable Development (WBCSD). The session aims to strengthen understanding of the key environmental challenges and business opportunities that brings ecosystem management. This topic is of high interest for the extractive industry in Kazakhstan, since it is directly impacting the natural resources and has accumulated significant experience in their management.

We invite experts and other interested paries to share their thoughts and knowledge on innovative stakeholders engagement approaches to transform the economy and preserve critical ecosystems in Kazakhstan.
Our Partners
If you are interested in becoming a partner or sponsor for our events,
please feel free to write us
We are discussing a new format of cooperation between the governement, business and society for effective solutions for corporate governance and preservation of ecosystems in Kazakhstan
The session will provide a platform for various parties on the natural capital and sustainable markets issues that are relevant to their area of expertise:

Business experts. Critical changes in the situation in corporate governance in 2020 (rethinking the concept of capitalism, climate change, etc.) and why use of natural and social capital, are especially pronounced in the mining industry?

Experts for Sustainable Development. The basin of Lake Balkhash is an integral ecosystem and for its well-being it is not important how we divided the management of the territories and what goals are set by individual stakeholders. Therefore, new missing mechanisms are needed to take into account the interests of the parties and increase natural capital productivity.

Extractive Business Companies Embedding sustainable mining practices in the core of business – what does it mean today? Success stories: sustainable business models, initiatives, projects' implementations and reporting.

Majlis of the Parliament of the Republic of Kazakhstan. In general, there is a consensus among experts, international and government organizations that water ecosystem degradation are the result of poor management systems and ineffective interaction between stakeholders. There are many examples of successful cooperation in different countries on water basins restoration, on restoring water quality, fish populations and biodiversity.

After the panel presentations of the parties, the Moderator will invite the participants to express their opinion on the main issues:

- what forms of interaction between business and stakeholders will contribute to the conservation and efficient use of natural capital in Kazakhstan and

- how corporate governance should be transformed to meet environmental sustainability challenges?

Our Experts
Recognized experts of PWC KZ, representatives of mining companies and the Mazhilis of the Parliament of the Republic of Kazakhstan
are invited to the discussion

Gulsara Yedilbayeva - moderator
Board of Directors Chair
BCSD Kazakhstan
Aizhan Skakova
Member of the Committee on Ecology and Nature Resources Use,
Mazhilis of the Parliament of the Republic of Kazakhstan,
Member of the Expert Council under the Security Council of the Republic of Kazakhstan on environmental safety
Bulat Yessekin
Expert on Sutainable Development of Central Asia
Global Water Partnetship CAC
Galina Artyukhina
Expert, Executive Manager
BCSD Kazakhstan
Michael Ahern
Public Sector Leader
PwC Eurasia
Michael Ahern
PwC Eurasia
Akbota Askanbay
Director, Corporate Governance Practice
PwC Kazakhstan
Rabab (Ruby) Shamayleh
Water and Environment team leader, USAID/Central Asia's Economic Development Office, expert on water resources management, climate change and vulnerability assessments projects
Victor Kovalenko
EY Central Asia Climate Change and Sustainability Services Director,
an expert in corporate public reporting advisory and assurance (annual, integrated, sustainability reports)
Nurlan Ongarbaev
Executive Manager
Biodivercity Research&Conservation Centre
Damesh Bektaliyeva
Environmental and Energy Performance Manager
Karachaganak Petroleum Operating
Ruslan Mukangaliyev
Environment Controller
Karachaganak Petroleum Operating
19 March/ Friday
14:00 - 17:00
A New Paradigm for Natural Resources Management
  • Critical changes in the situation in corporate governance in 2020 (rethinking the concept of capitalism, climate change, etc.)
  • Why has corporate governance issues become so important?
  • The role of stakeholders has increased - it is necessary to change the methods of interaction
Ecosystem management approach - examples, the situation in the Republic of Kazakhstan, possible projects for business
  • A new holistic approach to the management of natural resources
  • Business model for ecosystems adaptation polices, plans and strategies
  • Integrating the approach of ecosystem-based adaptation to water resources conservation in Kazakhstan

Natural capital management issues to ensure a stable market position of the extractive industry in the Republic of Kazakhstan
  • Resource-based industries and experience they acquired to manage natural capital
  • ESG trends for the extractive industry (mining, oil and gas)
  • New challenges and next steps
Ways to mobilize resources and support innovations to transform the economy and preserve critical ecosystems in the country Download
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Guidance for using the IUCN Global Standard for Nature-based Solutions

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SDGs: what's wrong and what do we need to change?

A number of experts express doubts about the attainability of the SDGs for a number of reasons. Bulat Yessekin - an expert on Sustainable Development in central Asia invites to discuss this Download
Why does your business need an ESG strategy?

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Critical assessment of biodiversity accounting approaches for businesses (europa.eu)

Useful links

Useful links
Kazakhsnan Business Council for Sustainable Development
Almaty, Kazakhstan, Shevchenko street, 90, Business Center "Каratal", office 23А

Mob +7 777 261 8625
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