1. Netherlands-EBRD Carbon Fund
Unlocking Project Potential
Egbert Liese

2. Project portfolio 1,017 signed projects Disbursements 16.4 12 6.3 3.6
€ billion
16.4 12
6.3
3.6
1,017 signed projects
Disbursements

3. Portfolio over the region
Cumulative commitments €22.7 billion
SE Europe & Caucasus 29%
Russia & Central Asia 30%
Central Europe 41%

4. Financial Institutions 30%
Portfolio by sector
Financial Institutions 30%
Transport 15%
General Industry 13%
Power & Energy 8%
MEI 7%
Agribusiness 8%
Energy Efficiency 1%
Natural Resources 7%
Property & Tourism 3%
Telecoms 8%

5. Track 1 (limited procedure)
Comply to participation requirements (5, 7 & 8)
Compliance risk:
compliance to participation requirements
Enough capacity to comply?
Buyer ‘between a rock and a hard place’

6. Track 2 (similar to CDM) Supervisory Committee Baseline risk
2005?, 2006?, 2007?
Baseline risk
Lower baseline
Additionality of project
Expensive procedure
Big potential for smaller projects (50,000 – 80,000 p/a)