The Foundation for the Development of Environmental and Energy Markets is a newly formed non-commercial organization, dedicated to the promotion of market-based environmental and energy programs in Ukraine .

     We will focus on promoting, in Ukraine, emissions credit trading, emissions quota trading, water trading, and renewable credit trading. We are business focused, action oriented, and committed to good environmental outcomes through market-based trading programs. We welcome all stakeholders to work with us to achieve these objectives.

     Our work agenda includes: research papers; conferences and specialty seminars, technical assistance for governments, regulators, and industry; and a wide range of advisory services to all interest groups. We build on many years of advocacy in Ukraine on these issues and we are starting with an aggressive advocacy effort in Ukraine in 2005 to promote market-oriented environmental policies, now!

Our first research and advocacy papers are:

• An Emissions Trading Handbook,
• A Businessman's Response to Managing Greenhouse Gas Emissions: A View from Russia and Ukraine,
• Risks Facing Environmental Credit Trading Projects in Transitional Economies
• Legal Issues Surrounding Environmental Trading, and
• Impediments and Facilitators to Promote Offsets and Bubbles in Ukraine.

For more information on the work products, all due in the first quarter of 2005, and for our seminar schedule contact:

Vadim Diukanov,
Executive Director

Telephone: 8 (044) 483-4215, E-mail address: vadim.diukanov@fdeem.org.ua
Kiev, Ukraine