Ukraine needs to implement an emissions trading system within two years

In Ukraine, the focus in the coming years will be on the formation and implementation of the climate agenda, and in particular, on the importance of introducing legislative changes to launch the emissions trading system. This was stated by the Minister of Environmental Protection and Natural Resources of Ukraine Ruslan Strylets during the International Environmental Forum “United for Nature. Agenda for Ukraine”.

According to him, the main task for the next two years is the implementation of climate legislation to launch the emissions trading system. These measures should ensure that Ukrainian industry and the economy avoid problems associated with the EU Carbon Border Adjustment Mechanism (CBAM). The Minister emphasized that it is important to adopt the relevant legislation and launch the emissions trading system, which can start its work in a pilot mode as early as 2025.

Strylets also expressed the opinion that it is not worth wasting time on negotiations on postponing the implementation of CBAM for Ukraine, since this mechanism should start in the European Union on January 1, 2026. The European Commission has begun a transition period in the application of the Carbon Border Adjustment Mechanism (CBAM), which introduces a new carbon levy on exports from third countries to the EU, and will determine its size based on the carbon content of the goods produced.

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