File:Athanasios Kampakis - Divesting from fossil fuels in central asia.pdf

English: Renewable energy is becoming more and more popular over the years and even states that produce and depend on fossil fuels are starting to invest in this kind of energy. The main reasons behind that shift are identified as the effects of climate change exacerbated by the burning of fossil fuels, accompanied by the rapid depletion of fossil fuels. The purpose of this research project is to explain the factors that promote or hinder the renewable energy transition in dependent on oil and gas countries. Endogenous and exogenous factors are therefore assessed, such as geomorphology, political stability and investments in order to identify their contribution to the transition process and provide an indication about the future development of this transition. In order to do so, this research focuses on Central Asia and three case study countries from the region have been selected, Kazakhstan, Kyrgyzstan and Tajikistan. Thus, the main factor for those countries’ transition is sought and a projection of the future development of this process is endeavored. A qualitative comparative analysis is conducted, based on literature review, data and statistical information from national and international organizations and agencies have been used.