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Special Report
on Selected Side Events at SB 24 |
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Events
convened on Thursday, 25 May 2006 |
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CDM and
JI programmes in the EU |
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Presented
by the European Commission |
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Jürgen Salay, EC, said the EU ETS
allows operators to use CDM credits from 2005 and JI
credits from 2008, noting that a great variation exists
on the extent to which Member States plan to use CDM/JI
for compliance with the Kyoto Protocol.
Wolfgang Diernhofer, Kommunalkredit
Public Consulting, provided an overview of the Austrian
CDM/JI programme. He noted that 47% of their CDM/JI
projects are located in Asia and focus on wind energy,
biomass, hydropower and landfill gas.
Peter Wittoeck, Ministry of Health,
Food Chain Safety and Environment, Belgium, noted that
the Belgian CDM programme is a joint initiative between
the federal and state governments.
Jakob Forman, Ministry of the
Environment, Denmark, described two purchase programmes
under the foreign affairs and environment ministries
that help the private sector to engage with the CDM and
JI.
Mika Sulkinoja, Ministry of the
Environment, Finland, described Finnder, his country’s
procurement programme for emission reductions from
CDM/JI projects. He said Finland selects projects based
on cost and risk rather than by project category or
technology type.
Marie-Claire Lheury, Ministry of
Ecology, on behalf of Franck Jésus, Ministry of Economy,
Finance and Industries, France, informed that French
public and private entities are involved in over 60
CDM/JI projects.
Sonja Butzengeiger, Federal Ministry
for the Environment, Nature Conservation and Nuclear
Safety, Germany, noted that her government supports
private activities in CDM/JI although it does not intend
to buy emissions certificates for compliance in the
first period.
Claudia Croce, Ministry for the
Environment and Territory, Italy, highlighted that her
government is investing in credit-generating facilities
such as the Italian Carbon Fund, which excludes nuclear
and large hydropower projects.
Maurits Henkemans, Ministry of Economic
Affairs, the Netherlands, emphasized that his country
was an "early mover" in CDM/JI, noting that they were
buying emission reductions credits while the Kyoto
Protocol was not yet in force.
Rebeca Sainz, Spanish Climate Change
Bureau, highlighted the Kyoto compliance scenarios and
emission reductions strategies in Spain, noting
initiatives such as debt conversion arrangements through
the Kyoto Protocol with Ecuador.
Olle Björk, Ministry for Sustainable
Development, Sweden, provided an overview of the Baltic
Sea Region Testing Ground Agreement and Testing Ground
Facility, launched in 1999. He explained that the
Agreement facilitates JI activities, builds capacity and
encourages early
action. | | | |
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Joint
Implementation Supervisory Committee, question and answer
session |
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Presented by
the UNFCCC |
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Daniela Stoycheva, Chair of the
Joint Implementation Supervisory Committee (JISC), introduced the
question and answer session by highlighting the "Montreal Decision"
from COP/MOP 1, that established the JISC and elected its members
and alternate members. She described JISC’s work over the past year
and its future work plan including meetings, workshops, and
mandates.
She stated that the JISC has met
twice recently, noting that the meetings are efficient and
transparent. She indicated that the Committee was able to plan its
work for 2006, which they have delivered in a timely manner. She
further explained that the work is informed by the experience of the
CDM, which can frequently be transferred to the JISC’s work.
Stoycheva highlighted the JISC’s mandates, including supervision of
emission reduction units (ERUs) verification. She provided an
overview of the JISC’s work programme, highlighting concern over how
the JISC is going to link its responsibilities to financial
resources.
Stoycheva underscored the
Committee’s limited timeframe in which to establish the procedures
and determinations of JI projects in order to make JI Track 2
operational by mid-November, 2006. She emphasized that future JISC
activities are subject to resource availability and strongly urged
Annex I Parties to make prompt voluntary contributions.
Janos Pasztor, UNFCCC
Secretariat, provided an overview of the financial status of JI
activities. He noted that as of 15 May, 2006, Annex I countries had
pledged $USD 1.3 million but that about $USD 1 million had yet to be
received. He stated that even if all pledges are received, there
will still be a shortfall of nearly $USD 2 million for 2006-07. He
emphasized that without funding, no meetings or workshops beyond the
third session of the JISC can be organized and that the JI Track 2
procedure cannot be launched.
In response to a question
regarding the utility of public consultations, Stoycheva explained
that comments from people working on the ground help the JISC to
"see the bigger picture." Fatou Ndeye Gaye, Department of Livestock
Services, the Gambia, responded to a question regarding the JISC
members’ backgrounds by explaining that non-Annex I country
representatives bring CDM knowledge to the Committee. In response to
a question on the expected number of Track 2 projects, Stoycheva
noted the impact of the EU Emissions Trading Scheme and said the
JISC estimates that approximately 125 projects will come up for
determination in 2007. Maurits Blanson Henkemans, Dutch Ministry of
Economic Affairs, explained that a large proportion of projects are
likely to come from Russia and the Ukraine once these countries
establish their approval
procedures. | |
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The Earth
Negotiations Bulletin on the side (ENBOTS) © <[EMAIL PROTECTED]> is a special
publication of the International Institute for Sustainable
Development (IISD). This issue has been written by Asmita Bhardwaj,
Alice Bisiaux, Robynne Boyd, and Alexandra Conliffe. The
photographer is Francis Dejon. The Digital Editor is Diego Noguera.
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Director of IISD Reporting Services is Langston James “Kimo” Goree
VI <[EMAIL PROTECTED]>. The opinions
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