European Commission plans to apply a special carbon tax mechanism to Ukraine

The European Commission plans to apply a special mechanism to Ukraine for the taxation of carbon footprint at the EU border, but the details of this approach remain unknown.

This was announced on June 8, 2021, in a comment to GreenDeal by Deputy Minister of Economy - Trade Representative of Ukraine Taras Kachka.

"The main result of the negotiations [of the Ukrainian delegation - Ed.] with the European Commission is that a special approach will be applied to Ukraine. What it will look like is not yet clear, based on the documents about CBAM, which appeared in the media on Friday, June 4, 2021,” he said.

According to Taras Kachka, in order to apply a special rather than a general approach, Ukraine needs to introduce a market for carbon emissions.

"Currently, this system is in the process of preparation, it will be launched in 2025-2026. The sooner we get to it, the better," the Deputy Minister added.

11:38 / 14 June 2021

Upcoming events
09:00 / 20 May, 2021
08:00 / 26 September, 2019
ODESA OFFSHORE CONFERENCE-2019 Ukraine has every chance to resume the work of the most promising oil and gas region, the Southern oil&gas fields. The untapped deposits of oil and gas are located both onshore and subsea. Four companies have already poised to conclude Production Sharing Agreements with Ukraine, whilst bidding for the Dolphin oil&gas fields on Black Sea shelf. The Odesa Offshore Conference (OOC2019) will serve as a venue for Ukrainian and international bidders to meet with local and international drilling, oilfield service and equipment manufacturers to kick-off emerging subsea and onshore projects in Ukraine.
ODESA OFFSHORE CONFERENCE-2019
12:00 / 13 June, 2019
All events