A Sustainable Asset Valuation Assessment of Building and Transport Infrastructure Investment in the Shymkent–Tashkent–Khujand Economic Corridor

The report outlines a methodological framework for evaluating infrastructure in the Shymkent–Tashkent–Khujand economic corridor, comparing 'business-as-usual' scenarios with sustainable alternatives for transport and buildings. It proposes shifting from road-based freight to electrified rail and adopting green building standards to reduce CO2 emissions, lower operational costs, and improve health and employment outcomes. The assessment utilizes the SAVi methodology to integrate externalities, such as the social cost of carbon and health impacts, into a comprehensive cost-benefit analysis.

• The document proposes a 'Sustainable infrastructure scenario' for transport that replaces traditional road systems with electrified rail to improve trade efficiency and reduce environmental impact.
• Electrified rail is identified as having several advantages over conventional roads, including reduced energy use, lower maintenance costs, reduced congestion, fewer accidents, and higher employment creation.
• Decarbonizing production and trade is presented as a strategic necessity for Kazakhstan to maintain competitiveness due to the European Union's Carbon Border Adjustment Mechanism (CBAM), which affects key export markets including Germany, Lithuania, and the Czech Republic.
• The assessment identifies a significant gap in Kazakhstan's current rail usage, noting that rail exports represent only 0.49% of total exports, while rail imports are described as practically non-existent.
• For building infrastructure, the 'Sustainable building scenario' focuses on energy efficiency, clean energy sources for heating and cooling, and sustainable waste management to reduce GHG emissions and health risks.
• The SAVi methodology integrates externalities into its cost-benefit analysis (CBA), accounting for factors such as the social cost of carbon, noise, air pollution, and the value of time lost due to border crossing delays.
• The report provides specific assumptions for the Kazakhstan project, including a railway network length of 60 km and a capital cost for railway infrastructure of USD 14.18 million per km.

APA

International Institute for Sustainable Development (2024). A Sustainable Asset Valuation Assessment of Building and Transport Infrastructure Investment in the Shymkent–Tashkent–Khujand Economic Corridor. https://www.iisd.org/system/files/2024-04/savi-shymkent-tashkent-khujand-economic-corridor.pdf

Chicago

International Institute for Sustainable Development. A Sustainable Asset Valuation Assessment of Building and Transport Infrastructure Investment in the Shymkent–Tashkent–Khujand Economic Corridor. 2024. https://www.iisd.org/system/files/2024-04/savi-shymkent-tashkent-khujand-economic-corridor.pdf.

Wikipedia

{{cite report |author=International Institute for Sustainable Development |title=A Sustainable Asset Valuation Assessment of Building and Transport Infrastructure Investment in the Shymkent–Tashkent–Khujand Economic Corridor |date=March 2024 |url=https://www.iisd.org/system/files/2024-04/savi-shymkent-tashkent-khujand-economic-corridor.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{internationalinstituteforsustainabledevelopment2024sustainable, author = {{International Institute for Sustainable Development}}, title = {{A Sustainable Asset Valuation Assessment of Building and Transport Infrastructure Investment in the Shymkent–Tashkent–Khujand Economic Corridor}}, institution = {International Institute for Sustainable Development}, year = {2024}, month = mar, url = {https://www.iisd.org/system/files/2024-04/savi-shymkent-tashkent-khujand-economic-corridor.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }