nordic by lanyuehua

VIEWS: 3 PAGES: 8

									                              A regional response to global climate change

                         The Baltic Sea region as a testing ground for for the Kyoto protocol
                        A climate policy initiative by the Baltic Sea Region Energy Cooperation
                                                       – BASREC -
                                                under the CBSS umbrella




Ministry of Industry, Employment and   Communications   Sweden
           Starting points
           • Climate change is a global issue.
           • Reduction of emissions of greenhouse gases is the main abatement instrument
           • From a climate point of view it does not matter where you reduce emissions -
             the effect is the same on the GHG concentration in the atmosphere
           • Cost-efficiency is of major importance
           • The Climate convention and the Kyoto protocol therefore acknowledge the use
             of flexible mechanisms like joint implementation




Ministry of Industry, Employment and   Communications   Sweden
      Baltic Sea Region: a testing ground for mechanisms


               Tasks decided by the BASREC energy ministers:
               • Write a JI handbook
               • Simulation of emissions trading and arranging a conference on the results
               • Prepare and set up a JI investment facility
               • Prepare a Testing Ground Agreement
               • Information: www@basrec.org and www@cbss.org




Ministry of Industry, Employment and   Communications   Sweden
           The BASREC JI handbook
          • First version of the handbook – now ready – but on-going process, subject to revisions
          • Interpretation of the international agreements– Kyoto Protocol and the Marrakech Accords
            (COP7), Nov 2001
          • Covers two key areas:
                             1. Requirements that Parties have to meet to participate in JI - BSR status in meeting them
                             2. Advice to project developers on the Track 2 procedures, & steps to a succesful ERU
                                purchase agreement
          • translated into Russian and available on website




Ministry of Industry, Employment and   Communications   Sweden
        Testing ground framework agreement                       Objectives
          • to build capacity and competence to use the Kyoto mechanisms and promote common
            understanding of concepts
          • to promote realisation of high quality projects in the energy sector generating emissions
            reductions
          • to gain experience with the Joint Implementation (JI) mechanism in the energy sector
          • to develop methods and procedures
          • to collaborate in addressing administrative and financial barriers, especially regarding small
            scale JI projects
          • to facilitate generation, ensure issuance and transfer of ERUs from JI projects
          • to implement projects early and offer credits for emission reductions prior to 2008 by
            appropriate means




Ministry of Industry, Employment and   Communications   Sweden
           The BASREC Testing Ground Agreement

          • Open to participation for BASREC governments and companies ( and others! )
          • “As if” application of Kyoto rules before start in 2008 on projects within the
            energy sector. From 2008 and onwards Kyoto rules apply in full
          • Projects to be approved by investor and host country
          • Core element: already decided Testing Ground Facility to invest in JI projects
            for 10-20 million Euros in BASREC TGA countries
          • Model project agreements and handbook to support activities




Ministry of Industry, Employment and   Communications   Sweden
            Testing Ground Facility

        •      Managed by NEFCO – Nordic Environment Financing Corporation
        •      Decision by the Nordic Council of Ministers
        •      Initially BASREC investor countries
        •      Open for others
        •      Fund Management Agreement with NEFCO being finalized right now




Ministry of Industry, Employment and   Communications   Sweden
           BASREC work ahead in the climate field

           • Implement the testing ground agreement and
             facility (the agreement has been signed by 9
             countries and the TGF is being capitalised)
           • Analyse effects of EU accession
           • Revise and improve the JI-handbook as needed
           • Baseline development in Arkangelsk
           • Continue building capacity and knowledge



Ministry of Industry, Employment and   Communications   Sweden

								
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