The UNFCCC compliance committee, which had been meeting in Bonn for a week, found "irregularities" in Romania's 2010 greenhouse gas emissions data, and ruled that its national emissions inventory had been inadequately kept.
"Maybe tough measures will lead to more transparent information," Natalia Yakymenko, an analyst with Point Carbon, told EurActiv from Kiev.
"It's hard to evaluate whether Romania's projects have really generated anything."
While Bucharest was found to have breached its eligibility criteria for the Kyoto Protocol, its use of the lightly regulated 'Track 1' procedure for carbon trading under Kyoto's Joint Implementation (JI) Mechanism has proved controversial.
'Track 2' agreements are supervised by the Joint Implementation Supervisory Committee (JISC). But 'Track 1' deals are bilateral agreements regulated only by former Soviet bloc countries, and developed nations that want to offset their carbon emissions in them.
Third-party verification of projects is hard to establish when countries such as Romania "do not publish any information anywhere," Yakymenko said. Read the full report here.
Source: EurActiv.com.
