At the same time, the average annual damage caused by flooding to Moldova’s road infrastructure is estimated at around 82 million dollars. In general, flooding affects roads, buildings and agricultural land, and the associated damage is estimated at approximately 0.8 per cent of GDP per year.
These risks are exacerbated by climate change.
The Ministry of the Environment is proposing to extend the monitoring of greenhouse gas emissions to include the burning of fossil fuels in buildings, road transport and other sectors.
The changes are set out in a draft bill amending the Climate Action Law, drawn up with a view to harmonising national legislation with European Union rules. The document is intended to create the necessary legal framework to prepare the Republic of Moldova for the implementation of the European Emissions Trading System (ETS2).
The draft provides for the introduction of a separate greenhouse gas emissions permit for regulated entities. This will be issued by the Environment Agency for an indefinite period and will need to be updated in the event of any changes to the authorised activity.
Emissions monitoring in the newly included sectors is due to begin in 2027, and the first annual emissions report for this period must be submitted by 31 March 2028.
This story was translated with the assistance of artificial intelligence.
Follow our updates
Have information for the newsroom? Share it with Logos-Press
Comments
0No comments yet. You can start the conversation.
Comments are open to readers with a Logos Press account.
Sign in to comment