Summary
The Climate Change Mitigations Act was enacted in Bulgaria in 2014 to promote efforts to reduce greenhouse gas emissions and mitigate the effects of climate change. The law establishes targets for reducing Bulgaria's greenhouse gas emissions and sets out a range of measures to promote energy efficiency and the use of renewable energy sources. The law requires companies to report their greenhouse gas emissions and encourages the development of market-based mechanisms for reducing emissions, such as emissions trading schemes. The law also promotes the use of public transportation and the development of cycling infrastructure as a means of reducing carbon emissions from transportation. The Climate Change Mitigations Act is an important tool for promoting Bulgaria's transition to a low-carbon economy and for supporting the country's efforts to address the global challenge of climate change.