CAKE meeting with the IGTIPC from Kazakhstan

CAKE meeting with the IGTIPC from Kazakhstan

CAKE meeting with the IGTIPC from Kazakhstan

On December 6, 2021, a bilateral meeting was held in the hybrid formula between the CAKE/KOBIZE/ IOŚ-PIB and International Green Technologies and Investment Projects Center NJSC (IGTIPC), which is the operator of the State Register of carbon units of the Republic of Kazakhstan. The meeting took the form of a seminar and concerned the functioning of emission trading systems in the EU and Kazakhstan.

The Polish side presented the experience related to the implementation and operation of the emission allowance trading system, in particular in the field of monitoring, reporting and verification, i.e. elements that are the first necessary to be implemented in the newly created systems. Moreover CAKE represenattives presented research projects in which IOŚ-PIB/KOBiZE are currently participating, i.e. LIFE Climate CAKE PL, LIFE VIIEW 2050 and ECEMF. Part of the discussion concerned the draft of new EU regulations, i.e. “Fit for 55%” package, including in particular the issue of the carbon border tax (CBAM, Carbon Border Adjustment Mechanism), the possible implementation of which will impact directly into the functioning of the emissions trading system in Kazakhstan .

An important point of the meeting was the signing of a Memorandum between IOŚ-PIB/KOBiZE and IGTIPC aimed at developing Polish-Kazakh cooperation in the area of ​​emission trading systems. On behalf of IOŚ-PIB, the document was signed by Mrs Monika Sekuła, Deputy Manager of KOBiZE, IOŚ-PIB, while the representative of the Kazakh side visiting Warsaw was Mr Daniyar Yerenchinov, Chairman of the Board of Directors of IGTIPC.