09:30 28.01.2016

Public service agency proposes that govt takes measures to prevent return of Kyoto protocol's money

1 min read
Public service agency proposes that govt takes measures to prevent return of Kyoto protocol's money

The National Agency for Public Service has proposed that the Cabinet of Ministers takes measures to prevent the return of unused funds to Japan that were received from the sale of the greenhouse gas emission quota under the Kyoto protocol.

Head of the National Agency for Public Service Kostiantyn Vaschenko delivered the proposal at a cabinet meeting.

"The Ecology and Natural Resources Ministry, Foreign Ministry and Finance Ministry during a week are to draw up a proposal on the provision of the timely and proper implementation of the agreements on the sale of the Assigned Amount Units (AAU) and submit it to the cabinet," he said, presenting the report of the agency's commission that checked the work of officials of the Ecology and Natural Resources Ministry regarding the holding of a tender to use the funds received from the sale of the quota under the Kyoto protocol.

Vaschenko said that due to the untimely holding of the tender to select companies that were to reconstruct outdoor lighting systems using the funds from the sale of the quota around $140 million has been left unused and could be returned to Japan.

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