The role of the BSEC countries in solving the economic problems of climate change

Abstract

Black Sea region is one of the few regions of the world, which have been achieved the goal of reducing emissions of anthropogenic greenhouse gases embodied in the Kyoto Protocol to the UN Framework Convention on Climate Change. Emissions of carbon dioxide in the twelve countries – members of the Black Sea Economic Cooperation in the pre-crisis in 2007 decreased by 22,8 % compared with 1990, while worldwide emissions increased by 75,7 %. The effectiveness of international mechanisms of climate change will promote the use of emissions per unit of land area as a source of objective indicators in calculating the potential of quotas on trade in emission rights.