1. ERUPT Lennard de Klerk Moscow, 27 May 2004
JI project potential
ERUPT
Lennard de Klerk
Moscow, 27 May 2004

2. Results of ERUPT 1 – 3
Contracted 10 JI-projects, reducing 8.3 million tonne in:
Estonia Wind park
Czech republic Biomass
Slovakia Landfill Gas
Hungary (2x) Biomass
Romania (3x) Cement and Hydropower
Bulgaria Fuel switch
New Zealand Wind park
CDM tender: 11 CDM-projects reducing 7 million tonne in India, China, Costa Rica, Panama, and Brazil.

3. Potential ERUPT 4 - 5 Potential of ERUPT 4:
26 projects are participating with a potential of 23 Mtonne
First participation of Ukraine and Germany
Seven Russian companies are preparing an offer with a potential of 7 million tonne
ERUPT 5 is now open for new projects until 7 October 2004

4. Reduction potential in Ukraine
(Marginal Abatement Cost < 8 USD)

5. Russian JI potential Russian opportunities: Fuel Switch
Coal Mine Methane
Energy efficiency (additionality issue)
Forestry projects
The absence of a Russian authority to approve projects prohibits the development of the Russian JI market.
Window of opportunity for is closing soon

6. Doing JI in Russia Pro’s: Huge potential Large size projects
No interference with ETS
Con’s:
No ratification
No JI authority
Risk of not meeting eligibility requirements
Parallel Russian accreditation and verification system?
The higher the risk, the lower the price!

7. ERUPT 4 Russian project Type Switch from coal to gas
Seller Khabarovskenergo
Location Amursk (Russian Far East)
Emission Reduction 2,100,000 tonne CO2
Contribution of JI
to investment sum 90% (!)