CEU Electronic Theses and Dissertations, 2015
| Author | Babagaliyeva, Zhanna Kuandykovna |
|---|---|
| Title | Evaluation of the Kazakh Emissions Trading Systen's development and possible ways for its improvement |
| Summary | Being a major producer of fossil fuels and one of the most energy intensive countries in the world, Kazakhstan emits a significant amount of greenhouse gases. Thereby, in order to reduce the emissions, the country used the Kyoto Protocol’s market-based mechanism as a policy tool, and introduced a nationwide Kazakh Emission Trading System. However, due to the newly introduced system, the government and other stakeholders are facing a number of challenges in development process of the system. This research aims to find the main obstacles to the Kazakh ETS development and to explore possible ways for its improvement. This research provides an evaluation of the Kazakh ETS implementation and studies in more detail the country’s legislation, its institutional framework, the methodologies for emissions calculation, and interactions of main ETS stakeholders. In addition, the analysis of the experience of the world ETS (16 ETS, EU ETS), and comparative analysis of them with Kazakh ETS have been carried out in the course of this research. The Kazakh scheme’s main achievements and drawbacks are identified according to interview results gathered from the representatives of the Kazakh ETS participants. The key achievements include increasing the importance of the emissions reporting and reducing discussion among participants, the basic legislation introduced for the emissions regulation and emissions trading scheme. The main problems were defined as inconsistencies in legislation, the imbalance between the country’s growing economy and the emissions reduction targets, and finally the lack of high-qualified experts with experience in ETS. The concluding part provides brief recommendations for further Kazakh ETS development, showing needs for the legislation revising, needs for negotiated linkage of Kazakh ETS with other carbon markets, and providing more educational programs based on international experience. |
| Supervisor | Mnatsakanian Ruben |
| Department | Environment Sciences and Policy MSc |
| Full text | https://www.etd.ceu.edu/2015/babagaliyeva_zhanna.pdf |
Visit the CEU Library.
© 2007-2021, Central European University