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The bill (Reg. No.4750) sets legal, economic and organizational principles of prevention and alleviation of consequences of the climate changes; establishes a national system of assessment of and control over emissions and green gases absorption; introduces economic tools for reducing the green gases emissions, and promoting investments to enhance environmental efficiency of economy; supports transition of Ukraine to the use of innovative technologies by implementation of the environmental instruments of the Kyoto Protocol.

 

The Committee believes that adoption of the bill will create an integrated system of reduction of green gases emissions, facilitate implementation of the Kyoto Protocol, improve the investment climate and introduce the use of environmentally-friendly technologies.   

 

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