The Ministry of Natural Resources, Ecology, and Technical Supervision has been designated as responsible for managing the new system, and the Climate Finance Center under the Cabinet of Ministers will also participate in the implementation of this resolution.
The task of the Ministries of Natural Resources, Finance, and Economy, in collaboration with the Climate Finance Center, is to develop rules for accounting and distributing revenues from the sale of carbon units.
The adoption of this resolution fulfills Kyrgyzstan's commitments under the Paris Agreement and aims to reduce greenhouse gas emissions and create a carbon market. The document came into effect on March 6, 2026.
Regulations on the National System for Accounting of Greenhouse Gases, Monitoring, Reporting, Verification, and Trading of Carbon Units of the Kyrgyz Republic
Chapter 1. Introduction
1. These Regulations establish the legal, organizational, technical, and financial foundations for the formation and operation of the National System for Accounting of Greenhouse Gases, Monitoring, Reporting, Verification, and Trading of Carbon Units of the Kyrgyz Republic (hereinafter referred to as the National System).
2. The National System is a state information and regulatory resource that serves as the basis for:
- fulfilling the international obligations of the Kyrgyz Republic under the Paris Agreement and the UN Framework Convention on Climate Change, ratified by the Law of the Kyrgyz Republic "On the Ratification of the Paris Agreement and the UN Framework Convention on Climate Change, signed on December 12, 2015, in Paris";
- monitoring the achievement of national contribution goals (NDCs);
- functioning of carbon markets at both domestic and international levels in accordance with Article 6 of the Paris Agreement;
- attracting financing for climate projects;
- preventing carbon leakage.
3. The following principles are observed in the operation of the National System:
1) continuity - a constant process of collecting, processing, verifying data, and trading carbon units;
2) consistency - coherence and comparability of data over different periods and sectors;
3) transparency - openness of methodologies and procedures to the public;
4) accuracy - minimizing errors and working to reduce uncertainty;
5) completeness - phased expansion of coverage of all significant sources of emissions and sinks;
6) scientific validity - application of methodologies that comply with the latest IPCC recommendations;
7) confidentiality - protection of commercially sensitive information and personal data;
8) environmental integrity - each carbon unit must represent a real reduction in emissions;
9) permanence - ensuring long-term reductions and minimizing the risks of reversibility;
10) equitable distribution of benefits - consideration of the interests of all stakeholders, including local communities;
11) no double counting - strict accounting of transactions with carbon units;
12) respect for the rights of local communities - free consent for projects on their lands.
4. The methodological basis of the National System includes:
- IPCC guidelines for national greenhouse gas inventories (2006) and updated recommendations from 2019;
- methodological guidelines from the UNFCCC for presenting inventory data;
- international standards ISO 14064, ISO 14065, ISO 14066;
- national standards and methodological recommendations developed by the authorized body.
5. To ensure uniform application of methodologies, ISO standards for the monitoring system will be approved as national state standards (GOSTs) in the future.
Article 6 of the Paris Agreement.
Article 6 of the Paris Agreement.
18. All types of reporting are submitted through the electronic portal of the Ministry of Natural Resources, Ecology, and Technical Supervision.
19. Participants in the carbon unit trading system:
1. Project developers:
- legal entities and individuals;
- state bodies and international organizations;
- local government bodies;
- public organizations.
2. Validators:
- accredited organizations;
- independent experts.
3. Buyers:
- legal entities with emission reduction obligations;
- international companies;
- state bodies.
Article 6 of the Paris Agreement, including:
- issuance of permits for international transfers;
- registration of transferred units;
- technical support for mechanisms.
61. The decision on the authorization of an international transfer is made by the Committee.
62. Cooperation with international organizations for mutual recognition of carbon units.
63. Recognition procedures include:
- certification and auditing;
- concluding mutual recognition agreements;
- active participation in international working groups.
Chapter 10. Quality Control, Verification, and Uncertainty Assessment
64. Quality control is carried out at three levels:
1. Internal quality control:
- conducted by participants in the system;
2. External quality control:
- conducted by accredited verifiers;
3. International quality control:
- conducted within the framework of international procedures.
65. Uncertainty assessment is conducted for all categories of emissions.
66. Prevention of double counting:
- assignment of a unique identifier;
- automatic blocking of the unit;
67. Administrative measures include:
- reconciliation of records;
- internal and external audits;
- application of sanctions to participants.
Chapter 11. Rights and Obligations of Participants
68. Rights of participants in the system:
- opening and maintaining accounts;
- conducting transactions with carbon units;
69. Obligations of participants:
- compliance with the Registry rules;
- providing up-to-date information;
- maintaining confidentiality.
70. Rights and obligations of operators:
- access to administrative functions;
- conducting official operations.
71. Rights of stakeholders:
- access to information about projects;
- participation in public consultations.
Chapter 12. Final Provisions
72. Individuals who violate the requirements of these Regulations shall be held accountable.
73. Violations of the rules for working with the Registry entail:
- blocking of accounts;
- annulment of transactions;
- annulment of carbon units;
- revocation of verifier accreditation.
74. Monitoring the effectiveness of the system is carried out based on key indicators.
75. Summary data of the Inventory are published annually.
76. The trading of carbon units does not violate property rights and traditional rights of local populations.
77. Authorities must consider property rights when developing climate measures.
