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More Ukraine Carbon Trade

Ukraine was allowed to resume participation in international emissions trading under the Kyoto Protocol following its suspension in October, the National Environmental Investment Agency said.

"This means that Ukraine has resumed participation in international trade in greenhouse gas emission reduction units and will be able to use the mechanisms of Joint Implementation in full," the Kiev-based agency said.

Ukraine has sold more than 100 million tons of Assigned Amount Units, or AAUs, since 2009, the most of any developed country. Ukraine was suspended from emissions trading in October after the United Nations Framework Convention on Climate Change uncovered flaws in the country's official estimates of its emissions before 2008.

(Bloomberg)

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