Solveig Nordström and Karl Johan Lehtinen, NEFCO NUTRIENT QUOTA AND CREDITS TRADING SYSTEM AN OUTLINE PROPOSAL FOR COST EFFICIENT REDUCTION OF EUTROFICATION AS PART OF THE HELCOM BSAP by Solveig Nordström and Karl Johan Lehtinen, NEFCO 05-03-2007 HELCOM BSAP
REASONS Need for a tool to accelerate implementation of emission reductions Carrots are needed rather than legislative sticks for cost efficient reductions beyond the baseline - also for non point sources A possibility for attracting open sector financing for win-win solutions still applying the polluter pays principle 05-03-2007 HELCOM BSAP
APPROACH Agreement at political level Detailed legal and institutional aspects Proposal for detailed scheme Expert group discussion and recommendations Adoption by relevant political instances 05-03-2007 HELCOM BSAP
DISCUSSION POINTS QUOTAS Definition of quotas and eligible sectors (public infrastructure, agriculture, forestry, industry, energy, land and maritime transport, rural dwellings) Distribution of quotas between countries and sectors How to treat legal requirements (EU Directives, Russian related specific issues) Identification of national transition periods 05-03-2007 HELCOM BSAP
2. ELIGIBLE INVESTMENTS - BAT DISCUSSION POINTS 2. ELIGIBLE INVESTMENTS - BAT Definition of BAT within sectors Transaction costs versus size and type of investment Clustering/grouping of small non point sources 05-03-2007 HELCOM BSAP
3. INSTITUTIONAL AND GOVERNANCE STRUCTURE DISCUSSION POINTS 3. INSTITUTIONAL AND GOVERNANCE STRUCTURE Super national monitoring body - HELCOM? National body responsible for coordination - MOEs Clearing house(s) - NEFCO etc. Documentation / monitoring schemes 05-03-2007 HELCOM BSAP
4. SPECIFIC FINANCING ISSUES? 5. TRIAL PERIOD DISCUSSION POINTS 4. SPECIFIC FINANCING ISSUES? 5. TRIAL PERIOD 2010 - ? Testing by means of project examples 6. PROMOTION OF THE SCHEME SWOT Analysis (strengths, weaknesses, opportunitites, threats) Funds for Technical Assistance 05-03-2007 HELCOM BSAP
7. PLAN FOR EXECUTION OF THE SCHEME DISCUSSION POINTS 7. PLAN FOR EXECUTION OF THE SCHEME T-O-R for investigations - 2 steps approach Time schedules Responsibilities 05-03-2007 HELCOM BSAP