Quota market — latest ecology news

Ukraine will resume mandatory reporting on the CBA: The Verkhovna Rada supported the draft law
Ukraine will resume mandatory reporting on the CBA: The Verkhovna Rada supported the draft law

The adopted environmental draft law is important for the continuation of the negotiation process regarding Ukraine's accession to the EU 

Monitoring, reporting and verification of greenhouse gas emissions: companies may be obliged to report as early as 2024
Monitoring, reporting and verification of greenhouse gas emissions: companies may be obliged to report as early as 2024

Due to the introduction of martial law, this reporting has been optional until now

EBA experts propose to adjust the deadlines in the ETS Implementation Plan in Ukraine
EBA experts propose to adjust the deadlines in the ETS Implementation Plan in Ukraine

They turned to the Ministry of Environmental Protection and Natural Resources of Ukraine with proposals for changes in this document 

Vietnam may officially launch its emissions trading system in 2028
Vietnam may officially launch its emissions trading system in 2028

But analysts warn of technical difficulties that may arise with measurement and reporting

Deloitte experts provide recommendations to Ukraine on ETS and carbon pricing
Deloitte experts provide recommendations to Ukraine on ETS and carbon pricing

They noted the low trust of Ukrainian stakeholders in purely national funds and mechanisms to support decarbonization

Brazil launches carbon market
Brazil launches carbon market

Its full implementation will consist of 5 phases

The European Commission has decided on the number of allowances under the ETS2 for 2027
The European Commission has decided on the number of allowances under the ETS2 for 2027

Their volume will contribute to the achievement of the EU climate goals for 2030

Ukraine is preparing to launch an ETS in 2028: what is known
Ukraine is preparing to launch an ETS in 2028: what is known

Its functioning is envisaged among Ukraine's commitments in the field of European integration

The EU has calculated how effective its carbon market was in 2023-2024
The EU has calculated how effective its carbon market was in 2023-2024

Revenues from EU ETS in 2023 reached €43.6 billion

COP29 approves new rules to create a global carbon market
COP29 approves new rules to create a global carbon market

It was a key step towards allowing countries to trade emissions allowances to meet their climate goals

The Ecocommittee supported the resumption of greenhouse gas monitoring and reporting
The Ecocommittee supported the resumption of greenhouse gas monitoring and reporting

This is necessary for the creation of a system of trading quotas for them in Ukraine