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Economic Instruments for Integrating Climate Change Considerations into Development Strategies of Industrial Regions in Ukraine: Experience and Issues

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Implementing Adaptation Strategies by Legal, Economic and Planning Instruments on Climate Change

Part of the book series: Environmental Protection in the European Union ((ENVPROTEC,volume 4))

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Abstract

Ukraine is an active participant in global action addressing climate change for the benefit of present and future generations. Ukraine signed and ratified the United Nations Framework Convention on Climate Change (UNFCCC), in which it was included to the list of Annex I countries as an industrial country with economy in transition. Furthermore, Ukraine’s participation in the Kyoto Protocol to the UNFCCC demonstrates its support of international commitments on climate protection, as well as asserts its aspiration for EU membership in a long-term perspective.

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Notes

  1. 1.

    National Inventory Report of Anthropogenic Emissions by Sources and Removals by Sinks of Greenhouse Gases in Ukraine for 1990-2009, published by the Ministry for Environmental Protection of Ukraine (MEP 2011).

  2. 2.

    The base year according to the UNFCCC is 1990 except for Bulgaria (1988), Hungary (average of 1985–1987), Poland (1988), Romania (1989) and Slovenia (1986), as defined by the Conference of the Parties decisions 9/CP.2 and 11/CP.4.

  3. 3.

    Oblast is a territorial and administrative unit in Ukraine, which is subdivided into 24 oblasts. The term ‘oblast’ is a loanword in English, but it is nevertheless often translated as ‘region’, ‘province’, ‘area’, or ‘zone’.

  4. 4.

    Fugitive emissions are intentional or unintentional releases of greenhouse gases mostly during industrial activities, e.g. they may occur during the extraction, processing and delivery of fossil fuels to the point of final use (IPCC 2006).

  5. 5.

    The Energy Strategy of Ukraine for the Period up to 2030 was approved by the Cabinet of Ministers Resolution No. 145-r of 15.03.2006.

  6. 6.

    Cabinet of Ministers Decree No. 612 of 04.04.2007 “On establishment of the National Environmental Investment Agency of Ukraine”. The main responsibility of the SEIA is to execute the UNFCCC provisions, implement the Kyoto Protocol mechanisms, as well as to attract investments to the environmental protection.

  7. 7.

    Ukrainian hryvnia (UAH) is the national currency of Ukraine. Official exchange rate of Euro to Ukrainian hryvnia by the National Bank of Ukraine for 20.12.2011 was: 100 EUR = 1,041.80 UAH (NBU 2012).

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Correspondence to Ludmila Palekhova .

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Palekhova, L. (2014). Economic Instruments for Integrating Climate Change Considerations into Development Strategies of Industrial Regions in Ukraine: Experience and Issues. In: Albrecht, E., Schmidt, M., Mißler-Behr, M., Spyra, S. (eds) Implementing Adaptation Strategies by Legal, Economic and Planning Instruments on Climate Change. Environmental Protection in the European Union, vol 4. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-77614-7_12

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