1. Possibilities for promoting environmental protection projects
DI Alexandra Amerstorfer
Kommunalkredit Public Consulting
Possibilities for promoting
and financing
environmental protection projects
Partnership Forum CEE
10. November 2004
Füllung weiß/ keine Füllung

2. Contents Kyoto Target and National Climate Strategy
The Austrian JI/CDM Programme
Kyoto Target and National Climate Strategy
The Austrian JI/CDM Programme: Background and Status, Project Cycle
Experiences so far
The Austrian Environmental Funding Programme

3. Austrian Kyoto Target and National Climate Strategy
EU target - 8 %
EU "Burden Sharing": Austrian target - 13 %
Domestic measures: Austrian National Climate Strategy
Kyoto mechanisms (supplementary): JI and CDM
Responsible Authority: Austrian Ministry of Environment Programme Management: Kommunalkredit Public Consulting
Austria has to reduce GHG emissions by 17 mill. t CO2e annually
Austrian JI/CDM Programme

4. At least 7 mill. t CO2e per year
Austrian JI/CDM Programme Target and Means
Main Aim Closing the gap between the Austrian Kyoto target and national emission reduction potential
Means - Purchase of ERUs/CERs from JI/CDM projects (incl. financing of project-related immaterial costs) - Investment in Carbon Funds
Budget EUR 1 mill EUR 11 mill EUR 24 mill. > EUR 36 mill.
At least 7 mill. t CO2e per year

5. Austrian JI/CDM Programme Legal Basis
Kyoto Protocol and relevant COP-decisions (e.g. Marrakech Accords)
Austrian Environmental Support Act
Directive for the Austrian JI/CDM Programme
Memoranda of Understanding: Bulgaria, China, Czech Republic,
Hungary, Latvia, Morocco, Romania, Slovakia (several others in preparation)

6. Austrian JI/CDM Programme 2st Call for JI/CDM Projects
Negotiation procedure with prior public announcement
Publication 11 October 2004
Closure 30 June 2005
Project cycle
Expression of Interest
Proposal
Negotiations
ERPA

7. Eligibility of Applicant
Austrian JI/CDM Programme Assessment of Expression of Interest (EoI)
Eligibility of Applicant
General eligibility
Financial and economic standing
Technical capacity
Social Responsibility
Project-related criteria
Eligibility of project

8. Austrian JI/CDM Programme Items of Proposal
Project Design Document (PDD) incl. Baseline Study, Monitoring Plan and, if necessary, Environmental Impact Assessment)
Detailed technical description of the project
Comprehensive Business Plan
Indicative offer of emission reductions

9. Austrian JI/CDM Programme Evaluation of Proposal
In-depth project evaluation
Kyoto criteria (Baseline, Monitoring Plan)
Economic criteria (Applicant, project)
Technical criteria (Applicant, project)
Ecological criteria (construction, operation)
Socio-economic and development criteria

10. Austrian JI/CDM Programme Negotiation of Emission Reduction Purchase Agreement
Negotiations
Delivery of emission reductions (amount, emission reductions before 2008, additional emission reductions etc.)
Delivery default (incl. penalities)
Kyoto risk / Baseline risk
Payment on delivery / Prepayment
Price: Basis is market price for comparable projects
Dependence on risk sharing, mechanism (JI/CDM), project quality (additional benefits)
Statement of Programme Management Approval by Austrian JI/CDM Commission and the Minister of Environment

11. Austrian JI/CDM Programme Experiences so far
Officially 51 projects have been submitted:
2 project is contracted
2 project is being negotiated
11 projects have been invitated for a detailed Proposal
36 further projects are in the first phase of the tender procedure (EoI)

12. Experience and Expectations Specific Features of Austrian JI/CDM Programme
Flexibility and efficiency within the tendering procedure
Continuous approval procedure (number of selected projects is limited by the annual budget only)
Additional project benefits are considered in price negotiation
Possibility of prepayment
Possibility of financial support for Baseline, Validation, Monitoring, Verification and Certification
No minimum level of emission reductions offered
No specific country restriction

13. Austrian JI/CDM Programme www.ji-cdm-austria.at/

14. Austrian Environmental Funding Programme
Main Aim To reduce emissions, which have a substantial impact on the Austrian environment
Projects Reduction of gaseous emissions and the reduction of greenhouse gases  
Improvement of lakes or rivers on the border to Austria

15. Austrian Environmental Funding Programme
Countries mainly Czech Republic, Slovakia, Slovenia and Hungary
Climate protection measures mainly through joint programmes in countries with a MoU and in exchange of Emission reduction units to Austria
Funding is given as a grant
   10 % of the environmental relevant investment costs, but maximum the amount of immaterial costs (without international co-financing)
15 % of the environmental relevant investment costs (with international co-financing) B)

16. Füllung weiß/ keine Füllung
Thank you!
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