Kyoto agreement implementation in Russia will cost 2m euros

Publish date: October 5, 2005

Russia will present 2m euros project for Kyoto agreement implementation to the European Commission on October 6th.

Russian Ministry of Economical Development and Trade is the main Russian partner in this project. The main task of the project is to assist Russian government in Kyoto agreement implementation, RusEnergy reported.

According to a press release of the European Commission, the goal of the project is implementation of particular tasks, such us methodological recommendations development for better monitoring of greenhouse gases emissions, national greenhouse gasses accounting, legal base development of monitoring and reporting about greenhouse gases emissions in Russia and working out recommendations for system of projects implementation in frames of Kyoto agreement.

British ICF Consulting Ltd is heading a Consortium, which signed a contract with the European Commission for the project implementation. The Consortium also consists of Russian Institute of Global Energy safety and Ecological Problems, and British Hogan&Hartson.

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