Now in Ukraine, work is ongoing to launch a quota trade system for greenhouse gas emissions (STV), which is one of the key tools of the Climate policy of the European Union. Expert of Ekodiy Public Organization Anastasia Dubko in the article “System of Trade Transviations: why is this a chance, not a threat to Ukrainian business” explains that the above mechanism is designed to reduce greenhouse gas emissions by establishing the price of such emissions.

According to her, we are talking about the practical and market implementation of the principle of "

According to the expert, this may not be a threat, but a chance for Ukrainian business:.

Income from the quota trade system can finance the restoration of the country;

STV can help modernize enterprises and stimulate the development of "

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The author of the article also draws attention to the fact that success will depend on how well the system will be built. She adds that her main goal should be a real reduction in emissions, and not just filling the budget or distribution of funds between companies.

Dubko notes that for an effective mechanism for trading quotas for emissions, it is necessary to ensure the regular receipt of relevant data on monitoring, reporting and verification of emissions-at the level of enterprises of the mints.

" Today, this tax has, rather, a fiscal character: its rate is extremely low (less than one euro per ton), and it does not create incentives to reduce emissions. STV, in turn, is also a tool for carbon pricing, but potentially much more effective.

It is logical that in the future it should have gradually replace the tax in order to avoid double load, ”the expert explains.

It indicates that another option is possible - those enterprises that will not fall under the quota trade system will remain payers of tax..

Dubko also indicated that the risk of implementation of STV is that the new mechanism of quota trade can lead to additional income companies and will not stimulate them to reduce emissions. The expert adds that these risks should be avoided.