Capacity Building for Low Carbon Growth in Ukraine

Project Summary


The project supports the Government of Ukraine in steering the country on a low emission pathway for a long-term economic development. To achieve this goal, the project strengthens the institutional capacity of the country to design and implement long-term policies and measures directed at reducing emissions of greenhouse gases and enhancing absorption by sinks.

Project Goals

  1. Develop new generation greenhouse gas (GHG) models and comprehensive projections of GHG emissions.
  2. Formulate the concept of Ukraine's low carbon growth strategy by 2020 and 2050.
  3. Create an enabling environment for the introduction of an emissions trading scheme in Ukraine.
  4. Improve the measurement, reporting and verification of greenhouse gas emissions.
  5. Strengthen institutional capacity to implement climate change policies in Ukraine.

Accomplishments



  • Law on national emission trading system andconcept of a low carbon growth strategy drafted.
  • Emissions trading scheme and road map designed which contributes to EU's goal to create a global carbon market by 2020 and promote the use of horizontal market mechanisms for environmental protection in Europe and the CIS region and globally.
  • Policies and measures for low carbon growth in Ukraine and assessment of their mitigation potential identified.
  • Alternative schemes to finance different strategies with special reference on proceeds from post-Kyoto instruments analyzed.
  • Economic assessment of Doha Amendment to the Kyoto protocolratification carried out.

Donors

Government of Germany

US$ 3,237,573.72

Delivery

2012

US$ 563.000

2013

US$ 1,900,000

Project Overview
Status:
active
Project start date:
2012
Estimated end date:
2014
Total budget:
EUR 2,500,000
Geographic coverage:
National
Focus Area:
Environment and Energy
MDG
Ensure environmental sustainability
Project officer:
Vasyl Tolkachov
Partners:
State Environmental Investment Agency of Ukraine, Point Carbon, a Thomson Reuters company & DIW econ GmbH