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Joint Implementation in Ukraine: national benefits and implications for further climate pacts

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  • ANNA KORPPOO
  • ARILD MOE

Abstract

Ukraine has successfully established a domestic institutional system for approving Joint Implementation (JI) projects under the Kyoto Protocol, and has shown that the system is functional by issuing approval letters. Several JI projects are being implemented in Ukraine. Project developers widely regard Ukraine as the best host country for JI projects, although the project approval system is slow and bureaucratic. Barriers were identified by this study, but the drivers of JI in Ukraine are stronger, and Ukraine has emerged as a highly competitive JI host. JI is likely to provide some support to Ukrainian participation in the future international climate regime, especially as the government is calling for the continuation of JI or other similar mechanisms to be used as a tool to finance emission reductions. This article argues that the major contribution of JI in Ukraine relates to capacity building, and the readiness of the country to participate in international climate policies in the future, rather than the financial and social benefits of JI.

Suggested Citation

  • Anna Korppoo & Arild Moe, 2008. "Joint Implementation in Ukraine: national benefits and implications for further climate pacts," Climate Policy, Taylor & Francis Journals, vol. 8(3), pages 305-316, May.
    • Handle: RePEc:taf:tcpoxx:v:8:y:2008:i:3:p:305-316
    DOI: 10.3763/cpol.2008.0515
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