Carbon Limits is working with EBRD to provide capacity building assistance to Kazakhstan in respect of the Intended Nationally Determined Contribution (INDCs), the first Nationally Determined Contribution (NDC1) and Long-Term Carbon Budgets for the Kazakh Emissions Trading Scheme. The project also assesses the current and future climate finance needs in light of carbon budget scenarios. This includes an assessment of financial the contribution to date, and outlines further financial needs as part of the INDC formulation. Carbon Limits is also informing Kazakhstan on how it can further define, clarify and manage the long term carbon budget for the sectors covered by the Kazakh ETS regulations, based on best practices. The project includes determining approaches for stakeholder dialogue, the decision making process and governance.