Bulgaria likely to regain carbon trade accreditation by end-2010 - report

Bulgaria likely to regain carbon trade accreditation by end-2010 - report

Six months after Bulgaria was barred from trading in greenhouse gas emission allowances, the United Nations Compliance Committee of the Kyoto Protocol has started a procedure for restoring its accreditation, Environment Minister Nona Karadjova told state-run broadcaster BNT on Wednesday.

The country was stripped of its accreditation at end-June when it was discovered that it has no adequate system of counting its annual greenhouse gas emissions.

The UN experts also concluded that Bulgaria had ignored criticism levelled by the organisation and had not counted emissions from some sectors such as waste and despite the recommendations, it had not measured emissions resulting from changes of land use.

In addition, the reliability of the provided information was questioned due to the lack of regular data exchange between the environment, economy, agriculture and inferior ministries and the National Statistics Institute.

In October, UN experts examined the country's CO2 emission inventory system and concluded it was working properly, meaning that Bulgaria will recover its accreditation by the end of December or at the start of 2011, Karadjova added.(Dnevnik)

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