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Ukraine’s Environment Investments Agency proposed creating a joint carbon market with Russia, Kazakhstan and Belarus.
Agency head Serhiy Orlenko broached the idea of a common carbon market for the four countries, all part of the former Soviet Union, at a seminar in St. Petersburg last week, it said today in a statement.
“Such a market will allow for technical upgrading leading to emissions reduction,” Orlenko said in the statement. “The list is open for other countries to join the market.”
Ukraine had 12 so-called Joint Implementation projects under the United Nations approved as of Sept. 1, the statement said. Ukraine’s Environment Investments Agency has registered 179 Joint implementation projects, and 50 have been implemented.
To contact the reporter on this story: Kateryna Choursina in Kiev at [email protected].
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Ukraine Proposes Creating a Joint Carbon Market With Russia, Kazakhstan: | Sourced From Bloomberg |
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