The Carbon Border Adjustment Mechanism (CBAM) provides for the imposition of a special legal regime for electricity from Ukraine.
This was announced by the Deputy Minister of Economy and Trade Representative of Ukraine Taras Kachka.
"First victory for climate diplomacy. CBAM recognizes the special legal regime of Ukraine," he wrote.
According to him, the special legal regime of the countries that are members of the Association for the Deep and Comprehensive Free Trade Agreement is mentioned in the draft regulation on CBAM, promulgated on July 14, in paragraph 47 of the preamble. It is about Ukraine, Moldova, and Georgia.
At the same time, Kachka noted that the exception applies only to electricity, but metallurgy, fertilizers, and cement still fall under the CBAM. But advocacy work needs to continue.
"Yes, there are industrial and energy facilities in Ukraine that can scare everyone with their emissions. But it is obvious that things are not so bad with us. And Ukrainian society, politicians, and business are striving for climate friendly modernization. And I am confident that we will be climate neutral by 2050. Together with the EU," he stressed.
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