Post on 18-Jan-2018
description
Morten PedersenDeputy Programme Director
Danish Environmental Protection AgencyClimate Change Division
Denmark - an ’early mover’
• Denmark among the first countries to actively support and make use of the flexible mechanisms.
• Marrakech Accords adopted in 2001.• We want to help create a market for private
investments in JI and CDM.• The Danish government allocated the first funds for JI
in May 2002 - 17 mill. Euro.• From 2003 27 mill. Euro for JI and CDM every year.• Additional funds available for capacity building in host
countries.
Danish Procurement Programme for JI
DanishCarbon.dk:
• 8 contracts 4.935.626 tonnes CO2 , 2 mill tonnes CO2 as options. 4 are implemented and generating emission reductions.
• 2 Contracts without LOA 1,21 Mill tonnes CO2
• Expected for Indirect contracts 2.85 to 3.7 mill. tonnes CO2. So far one contract in JI-countries under the NEFCO Testing Ground Facility.
DanishCarbon.dk
• 20 - 25 JI-projects under development.
• Have received LoE / LoI.
• PDD developed or under elaboration
• A number of projects have been determined.
Biomass Energy in Romania720,000 tons CO2e
Biomass Energy in Romania
Implemented in Five Towns
Biomass Energy in Romania
• Total investment: 15,1 mill. USD.• Baseline: Replaces fossil fuels, reduces methane
emissions by using sawdust instead of dumping.• Determined by SGS.• Main barrier: Securing financing, establishing baseline
for methane emissions, securing daily monitoring.• Status: Implemented, first verified emission reductions
delivered.• Determined by DNV.
The project hosts
• Project hosts are making investment decisions and taking a lot of risks.
• Important that project hosts feel confident that the flexible mechanisms are successful.
• Without trust in the financial contribution from the mechanisms a lot of good projects will not happen.
• Rules and procedures must be both simple and stable to help build this trust.
Recommendations for further work of JISC
• Important to create flexible and efficient rules.
• Learn from the experience of CDM. These rules are widely known and used.
• Fair definition and treatment of ’early movers’. The treatment of ‘early movers’ will set the mood for future decisions about JI projects.
Recommendations for further work of JISC
• The Independent Entities will have a key role in JI. Important to have a credible accreditation procedure. But also important not to make the procedure to bureaucratic.
• Recommend a fast-track accreditation for companies that are already accredited as DOEs under the CDM.
• Not necessary to have separate accreditations for determination of PDDs and of monitoring reports.
Conclusion
• Impressed with the work of the JISC so far.
• High degree of commitment.
• Very ambitious work-programme for this year.
• Important to come to decisions and to find flexible solutions.
• High hopes for the future work of JISC!
For further information
Please contact:
Morten Pedersenmp@mst.dk
www.DanishCarbon.dk