The Austrian JI/ CDM programme Forum MPD Maroc Marrakech, April the 21st and 22nd 2004 Mag. Angela Friedrich Ministry of Environment, Austria

Starting point >> Austrian Kyoto target under the burden sharing agreement: - 13% >> Reduction effort: - 21,5 % (in comparison to the data 2002) >> Climate Strategy adopted by Council of Ministers in June 2002 >> Components of the Climate Strategy: national measures and the use of the Kyoto instruments (JI and CDM) >> JI and CDM are meant to close the gap between national reduction potentials and required reduction closed by JI/CDM projects (3-5 Mio t/a CO2-equivalent)

General Framework of the Austrian JI/CDM programme (1) >> Legal basis: Amendment to the Federal Environment Fund Act >> Entry into force on the 21st of August, 2003 >> Main elements:  Up to 36 Mio Euros per year for: -acquisition of ERUs and CERs from projects -Support of project preparation  Investments in Fonds (CDCF) >> Designated representative in Austria: Kommunalkredit Public Consulting  Contact point for all questions concerning JI and CDM  Check of the submitted documents: EoI, Invitation for Proposal

General Framework of the Austrian JI/CDM programme (2) >> Priority for project categories  Renewable Energy Production  Fuel Switch to less carbon intensive fuels  Combined heat and power installations  Energy efficiency projects  Waste management measures

Procedures >> Submission of the Expression of Interest (EoI) to the Kommunalkredit Public Consulting (Project Idea note (PIN) + Letter of Social Responsibility) >> Check of the EoI >> Submission of the Invitation for Proposal (IoP) to KPC (Project Design Document (PDD) und Letter of Approval (LoA)); Check! >> KPC gives a recommendation to the Commission >> Commission gives a recommendation to the Minister of Environment >> Minister of Environment decides about the acceptance of the projects >> KPC gives a recommendation to the Commission >> Contracts with the Investors and host countries >> At present: 1. call (until 30th September 2004)

Conditions for the acceptance of projects >> economic criteria (price, financial concepts,...)  ERUs: average ~ 4,5 €/t CO 2  CERs: average ~ 3,5 €/t CO 2 >> environmental criteria (impacts on air, soil, waste,...) >> social criteria (stakeholder comments, insurance of employees,...)

Memoranda of Understanding (MoUs) >> For facilitation of project implementation, agreement for the transfer of reduction units >> Concluded with Bulgaria, Czech Republic, Hungary, Latvia, Slovakia Romania and Morocco >> Further MoUs in concrete preparation:  Ukraine, Estonia (JI)  Bolivia, Bosnia, Brasil, Chile, China, Columbia, India, Mexico, Peru (CDM)

Submitted projects in the Austrian JI/CDM programme so far >> 14 projects that were officially submitted  6 JI projects (Bulgaria, Hungary, Romania, Slovakia)  8 CDM projects (India) >> 12 projects that are in the pipeline  7 JI projects (Czech Republic, Hungary, Latvia, Romania)  5 CDM projects (Brazil, India, Ecuador, Sri Lanka)

Outlook >> Flexible mechanisms will play an important role in the Austrian Climate Strategy >> Attitude to JI and CDM in Austria very positive

Further information Ministry of Environment, Department Climate Protection The Austrian JI/CDM-Programm KPC – Carrying out office of the Austrian JI/CDM-programme