OREANDA-NEWS. February 28, 2011. 2011 will be crucial for all projects under the Kyoto Protocol. The Prime Minister of Ukraine Mykola Azarov said at a meeting with the Ambassador Extraordinary and Plenipotentiary of Japan to Ukraine, Tadashi Izawa and the CEO of the Japanese government organization Fumio Ueda.

Mykola Azarov stressed that Ukraine, as one of the Parties to the Framework Convention, is to comply fully with obligations to implement greenhouse gas emissions reducing: "All funds received by Ukraine, targeted, and will continue to be targeted only at the implementation of environmental projects. He said that this year the project included more than 500 objects.

The Prime Minister stressed the intensification of Ukrainian-Japanese relations at a high level in the implementation of certain projects. Among the prospective projects of bilateral cooperation Mykola Azarov said the energy-saving systems, environmental projects, and advanced heat pumps in Sevostopol.

Meanwhile, the Prime Minister with pleasure noted the participation of interlocutors in the ceremony of putting into operation the first item on which the project was implemented to reduce greenhouse gas emissions under a contract with Japan to sell carbon credits (GHG credits) - Clinical Hospital for disabled and war veterans (Simferopol). Warming of modern technologies for hospitals, schools, utilities and other public facilities is a very solid resource to reduce burning of hydrocarbons and, therefore, to reduce emissions.

On this occasion, the Ambassador Extraordinary and Plenipotentiary of Japan to Ukraine, Tadashi Izawa believes that "cooperation between Ukraine and Japan for Green Investment Scheme is the symbol of friendly relations that have been developed between our countries and stresses that it is through the leadership of  Mykola Azarov and the National Agency for Environmental Investment Ukraine's "first project is implemented, and it is extremely important."

He also noted that cooperation in the mentioned project on the one hand helps to improve the ecological situation in Ukraine, on the other one - can be a good opportunity for the entry of Japanese companies to Ukraine: "Many Japanese companies that have excellent energy-saving environmental technologies currently being prepared for the project on green investment scheme .. that will increase future investments in Ukraine."

In his remarks, the Executive Director of the Japanese government organization Fumio Ueda expressed hope that "cooperation on the green investment scheme will be a good impetus to relations between Ukraine and Japan, including environmental, energy conservation, and energy developing and deepening. He also noted that green investment projects must be implemented before the end of the period following the Kyoto Protocol.