Ukraine plans to launch a pilot phase of a proposed national greenhouse gas (GHG) emissions trading system in 2028, the country's Ministry of Environmental Protection and Natural Resources said.
The GHG trading system is a market-based mechanism that sets an overall limit on greenhouse gas emissions for companies. Each company is allocated or purchases a set number of allowances, which can be used for its own emissions or sold on the quota market established under this system.
Three high-power autotransformers, two funded by Japan and one by Sweden, have been delivered to Ukraine's state-run energy transmission system operator Ukrenergo, the United Nations Development Programme (UNDP) said on Tuesday.
The State Agency of Ukraine for the Management of the Exclusion Zone and the state-owned operator of Ukraine's nuclear power plants, Energoatom, are expected to soon sign a deal to start installing small modular reactors at Chernobyl Exclusion Zone, said the head of the agency, Hryhoriy Ishchenko.
France has pledged to provide €10 million for the International Chernobyl Cooperation Account, managed by the European Bank for Reconstruction and Development (EBRD), to help restore safety at the site.
DTEK Energy, a subsidiary of Ukraine's largest private energy producer DTEK, has asked holders of its 2027 Eurobonds to consider changes to the current payment rules and to approve a plan where the company would buy back up to $100 million worth of bonds each year.
Today's Contents Reporter's Notepad: * Riley Risk recommends companies in east prepare contingency plans amid heavy fighting, possible Ukrainian territory loss Just The Facts: * Ukraine to ask EU to delay introducing carbon border tax, trade envoy says * Ukraine's finance minister discusses reconstruction opportunities with Canadian
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Ukraine's Economy Ministry is preparing an official request to the European Commission to start formal talks on postponing the introduction of the Carbon Border Adjustment Mechanism (CBAM) for the war-torn country, The Odessa Journal reported on Wednesday, citing Ukraine's Deputy Minister of Economy and Trade Representative
