Economical mechanismes of The Kyoto Protocol

Legal framework for JI projects approval and implementation in Russia has been set

30/01/2008 The Ministry of Economic Development and Trade of Russia (MEDT) has accomplished elaboration of legal framework for JI projects approval and implementation in Russia. 29 January 2008 all necessary orders of MEDT were finally registered in the Ministry of Justice of the Russian Federation.

Government Decree Containing Procedure for JI Projects Adoption and Review of Their Implementation In Russia Has Been Adopted

31/05/2007 On 28 May 2007 Prime Minister of the Russian Federation Mikhail Fradkov signed the Government Decree containing the Statute on adoption and review of realisation of JI projects under Article 6 of the Kyoto Protocol.

The Russian Government is taking steps to restrict combustion of associated petroleum gas.

25/04/2007 Ministry of Natural Resources of Russia has decided to strengthen penalties for combustion of associated petroleum gas

The List of the Kyoto Protocol Parties is Expanding

02/04/2007 The Parliament of Montenegro has ratified Kyoto Protocol

The First Joint Implementation Project Has Been Approved

29/03/2007 An emissions reduction project at the Podolsky cement plant in the Ukraine has become the first joint implementation project to get the final green light under the Kyoto Protocol’s joint implementation mechanism.