Local companies will be obliged to report greenhouse gas emissions

ASTANA – Domestic industrial enterprises will be obliged to provide online data on greenhouse gas emissions, said Kazakh Vice Minister of Energy Gani Sadibekov at the Aug. 18 interdepartmental commission meeting.

kapital.kz (2)

Photo credit: kapital.kz

The proposed amendments to certain legislative acts on environmental issues in greenhouse gas and ozone-depleting substances regulation were presented at the Ministry of Justice. The draft concept provides for expanding the conceptual base of the Environmental Code and amending certain legislative acts in connection with adopting obligations under the Paris Agreement.

“We have some experience in the system of trading greenhouse gas emissions quotas. There is a need to improve the enterprise cadastral systems that have an industrial impact on the environment. This is primarily the emission of greenhouse gases. All subsoil users will be required to provide information in this cadastre and register in a single format online,” said Sadibekov.

The transition to an electronic reporting system will improve the quality and pertinence of the data provided to make timely decisions.

“The draft amendment aims to improve the quota trading system and to make the necessary changes and regulations in the relevant legislation. We are also introducing a new concept as an adaptation to climate change,” he added.

The draft amendment suggests introducing amendments and additions to the Environmental, Land, Entrepreneurship Codes and the Code of Administrative Offenses.

About 170 large enterprises participate in greenhouse gas emission quota trading. The restart of the quota trading system will be carried out in 2018.

“We assume that we will determine the market, its needs and the surplus of quotas and our enterprises will have the opportunity to sell surplus quotas on the domestic market. There will also be the possibility of its implementation in foreign markets in 2018,” he said.

Kazakhstan has accumulated approximately 100 million tonnes of solid waste.

In cooperation with the World Bank, the Energy Ministry launched a project to develop an electronic reporting platform for greenhouse gas emissions. The cadastre is expected to be introduced by the end of December. According to the World Bank, the need for accurate and reliable data on greenhouse gas emissions is becoming more relevant, as countries are working to implement the Paris Agreement to achieve the goal of preventing climate change by 2020.

Get The Astana Times stories sent directly to you! Sign up via the website or subscribe to our Twitter and Telegram!