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Ukraine Proposes Joint Carbon Market With Russia, Kazakhstan
2010-09-13 15:48:02.769 GMT
By Kateryna Choursina
Sept. 13 (Bloomberg) -- 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.
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--Editors: Mike Anderson, Alex Devine.
To contact the reporter on this story:
Kateryna Choursina in Kiev at +380-44-490-1282 or
kchoursina@bloomberg.net.
To contact the editor responsible for this story:
Claudia Carpenter at +44-20-7330-7304 or
ccarpenter2@bloomberg.net.
