On the Measures of Implementing Article 6 of the Kyoto Protocol to the United Nations Framework Convention on Climate Change (Government Decree No. 844)
Document providing for new opportunities for the realisation of Joint Implementation projects envisaged under the Kyoto Protocol.
The Selection Rules were prepared and approved in December 2009 and have been submitted for registration (legal expertise) at the Ministry of Justice but have yet to be approved. Companies can apply for JI projects in energy, agriculture, forestry, waste products, industrial processes and use of solvents and other products. Sberbank (a state-owned bank) is the designated “carbon units’ operator”.
This document expedited the procedure for JI projects’ implementation, changed the state bodies involved in the project approval procedure, modified the eligibility criteria for JI projects and introduced some other major changes to legislation in the sphere of Kyoto Protocol mechanisms.