1. GIS and JI: competition or cooperation Zsolt Lengyel SenterNovem Carboncredits.nl Budapest, 25 April 2008

2. 26 April 2008, Budapest REC Workshop - Facilitating Green Investment Schemes2 Outline 1.Purpose: provoking thinking and focusing on bottlenecks 2.Crowding out? 3.Competition and cooperation 4.Some recommendations...

3. 26 April 2008, Budapest REC Workshop - Facilitating Green Investment Schemes3 1. Crowding out effects spotted... Buyers’ side: funds set-aside for KP mechanisms incorporates GIS  less for JI/CDM Host’s side  regulatory attention towards GIS, whilst JI systems are not fully operational Project level  alternative routes creating even more confusion Co-existence of GIS/JI is a fact, how to improve the situation?

4. 26 April 2008, Budapest REC Workshop - Facilitating Green Investment Schemes4 2. Competition and co-operation Project differentation for GIS/JI  have a clear picture what project type (technical) is suitable for which scheme (EU ETS influence, baseline and monitoring) Regulatory preferences and clarity  attention to both systems at the same time (allow suppliers to chose) Governance  do not distort; make it easy (or difficult) Do not spread your resources too thinly!

5. 26 April 2008, Budapest REC Workshop - Facilitating Green Investment Schemes5 3. Some recommendations... One step at a time?  get your Track 1 JI ready before GIS ( if you cannot make Track 1 you may not succeed with GIS) Identify the key GIS implementation challenges  if you do not have a credible Environmental Fund, set it up! Learning by doing  the biggest lesson of JI is that one should start acting....and constantly adjust/correct... Watch out for lessons of Latvia/Hungary/Romania and those active in the field

6. 26 April 2008, Budapest REC Workshop - Facilitating Green Investment Schemes6 Contact details for SenterNovem (Carboncredits.nl): Visiting address: Postal address: Catharijnesingel 59Postbus 8242 3511 GG Utrecht 3503 RE UtrechtNetherlands Tel: +31 30 214 7829 Fax: +31 30 231 6491 E-mail: z.lengyel@senternovem.nl Homepage: www.carboncredits.nl