Flexibility mechanisms of Kyoto _CDM _ JI_ and energy efficiency

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Flexibility mechanisms of Kyoto _CDM _ JI_ and energy efficiency Powered By Docstoc
					         Financing energy efficiency: role of multilateral
Financing of energy efficiency projects by multilateral organisations is always
announced to increasing rapidly but what is the reality and does it really
contribute to increase efficiency? :

     oEnergy efficiency financing very often fall under a category that is called
     sustainable development , that includes renewables and CO2 abatement (fuel
           difficult to know exactly what is going to end-use efficiency projects
           most projects go actually to energy supply (power generation, district
     heating, cogeneration)
Why end use efficiency receives less attention from multilateral organisations , what
are the barriers?:
     oThe need of local financing institutions to channel the funds with expertise on
     energy efficiency, this is a first constraint and may explain why the actual funding
     of project is not progressing as fast as could be expected
     oMost of the projects “labelled as energy efficiency” are not going where the
     largest potential, the building sector, because of the complexity and the small size
     of the projects
Flexibility mechanisms of Kyoto (CDM & JI) and energy
                                    Few projects on energy efficiency
                                    ( implementation and validation
                                    more complex) and delays and
                                    failures are more important than
                                    for other projects.

                                    Actual generation of CER is on
                                    average 94% below the ex-ante
                                    evaluation (80% for energy related
                                    projects and 50% for energy
                                    efficiency projects)

                                    Out of 4250 projects in progress
                                    that could potentially abate 2.9
                                    GtCO2e by 2012, only 2/3 could be
                                    really available or ~2 GtCO2e and
                                    energy efficiency projects may be
                                    the more affected