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CNVP Kosovo Presents Strategic Roadmap for Carbon Trading Development in Kosovo

18 Dec, 2023


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In a groundbreaking workshop, organized by CNVP Kosovo, held today in Prishtina, key stakeholders from various sectors came together to shape the future of carbon trading in Kosovo. The workshop facilitated collaborative efforts among institutional representatives, private forest owners, industry professionals, environmental NGOs, and researchers. The collective goal was to establish a comprehensive roadmap for the Carbon Market in Kosovo, addressing urgent global challenges posed by climate change.

The workshop kicked off with a presentation by Univ.Prof.Dipl.-Ing.Dr.DDr.h.c.  Hubert Hasenauer, a seasoned consultant that provided an in-depth exploration of the current global carbon market. A emphasize was put on the pivotal role that carbon markets play in incentivizing businesses to reduce carbon emissions. Without a structured guide, the potential for abuse, lack of transparency, and market inefficiency increases, undermining the overall effectiveness of carbon trading. The envisioned roadmap aims to contribute to ethical and transparent operations, ensuring environmental integrity in Kosovo's carbon market.

As strategic objective of this initiative is the enhancement of information on carbon marketing potential, developing criteria for identifying regions with carbon sequestration potential, outlining systems for developing carbon marketing products, and recommending funding mechanisms. Tangible results emerged, including increased awareness among stakeholders, criteria for identifying regions with carbon sequestration potential, practical measures for developing carbon marketing products, and concrete funding recommendations.

Discussions during the workshop emphasized potential advantages of a functional carbon market in Kosovo, such as revenue generation through the sale of carbon credits, promotion of clean technology, and the prospect of international funding assistance for sustainable projects. The path forward for Kosovo includes the development of a clear national strategy and inclusive decision-making processes involving all relevant stakeholders.

In conclusion this workshop set the stage for drafting an initial Carbon Market Roadmap for Kosovo, aligning with or modeled closely after the EU Emission Trading System. Beyond environmental impact, the roadmap is expected to offer insights into employment and income diversification potentials through carbon sequestration activities, aligning with the forest strategy 2021-2030 and the energy strategy for 2022-2031. The event marked a significant step forward in Kosovo's commitment to combatting climate change, emphasizing collaboration and strategic planning for a sustainable future.