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Lithuania hosts conference on climate change management policy for first time

2009-11-17

Lithuania hosts conference on climate change management policy for first time

The Ministry of Environment in Vilnius has organised an international conference on climate change management policy, measures, business prospects and investment opportunities in the development of a sustainable low-carbon economy.

The latest information on international strategic documents on the reduction of climate change effects as well as European Union and Lithuanian legal acts was presented at the conference. Lithuanian business representatives were acquainted with the Copenhagen Global Climate Change Treaty planned to be approved this December, which will replace the present Kyoto Protocol after 2012.

The conference addressed global tendencies regarding greenhouse gas emission allowance trading and EU emission allowance trading. Anticipated effects of the Copenhagen Global Climate Change Treaty and new EU requirements for emission allowance trading on Lithuanian business were discussed at the conference. Experts, lawyers and representatives of international banks and the European Commission expressed their positions on these issues.

Emission allowance trading generated the greatest interest among business representatives. It is one of the most effective measures affecting climate change under market conditions. Participants in the conference were also acquainted with new possibilities to develop effective production using environmentally-friendly technologies, informed of methods of financing of climate change projects, and familiarised themselves with the innovative Green Investment Scheme developed by the Ministry of Environment.

Public Relations Division

Minister of Environment of Lithuania Kęstutis Navickas
Minister of Environment of Lithuania Kęstutis Navickas