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Energy Headlines

Ukraine and Japan to devise new energy and industrial technologies and introduce green aid

18/03/2009

The governments of Ukraine and Japan have agreed on cooperation in the area of elaborating of new energy and industrial technologies and introducing of green investments. Respective documents have been signed in Kyiv today.

In particular, Guidance for introduction of a green investment scheme between the Government of Ukraine and Japan was inked. From Ukrainian side it was signed by head of National Agency for Ecological Investments of Ukraine Ihor Lupaltsov, from Japanese – Ambassador Extraordinary and Plenipotentiary of Japan to Ukraine Tadashi Idzava.

Besides, the National Agency for Ecological Investments of Ukraine and New Energy and Industrial Technology Development Organization of Japan have concluded a Cooperation Agreement. The document was signed by head of National Agency for Ecological Investments of Ukraine Ihor Lupaltsov from Ukrainian side and chairman of New Energy and Industrial Technology Development Organization Seiji Murata.

Under the concluded documents Ukraine, in compliance with Kyoto Protocol, gives to Japan 30 million units of emission quotas for harmful substances, polluting the atmosphere.

In total Ukraine has a quota in 4.5 bn units. According to the calculations by 2012 Ukraine will have used for its own needs a quota in 2.8 bn units while 450 mn units, under the Government decision, will be sold to the other countries.

source:Government portal

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