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Explore innovative approaches for government purchases in emission reduction at market prices. Discuss experiences with ERUPT tenders, multilateral financial institutions, and Prototype Carbon Fund. Propose guidelines to provide certainty to investors in Joint Implementation, emphasizing the importance of financing mechanisms.
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Idea’ for JISC Maurits Blanson Henkemans Netherlands 30-11-2005 Montreal
NL JI Programme Government Purchases emission reduction at market prices Different approaches • ERUPT 5X tenders (Senter) • Multilateral Financial InstitutionsEBRD and Worldbank • Prototype Carbon Fund (PCF)
Experiences/plans • We have contracts for ca 20 Mton CO2 (target 34 Mton). • We organised together with Host countries and WB two JI track 1 workshops • We will use Track 1 and 2 • Host countries : Priority Eligibility • Green AAU as fall back
Idea’s for JI SC (1) • Give certainty to investors in JI • COP/MOP should give following guidance to JISC • Accredit DOA (CDM) will automatically be IE Project developers • Can use CDM methodologies for baseline setting. • Can use PDD from CDM
Idea’ for JISC (2) • Set up acc panel for JI • New generic guidelines can be developed by and be approved by IE JISC can review • JISC should supervise and make a management plan Financing • Enough money for meetings/accreditation/review • Voluntary contributions very important • Fee yes but how?? • There is no registration with JI
Idea’s for JISC (3) • Have the first meeting in Montréal • Have an idea about potential 2e Track project’s • Work together with Non –Annex 1 members the market is big enough don’t compete- AAU’s…