1. ARTICLE 6 (JOINT IMPLEMENTATION) SUPPLY-SIDE PERSPECTIVES Ivona Grozeva MINISTRY OF ENVIRONMENT AND WATER - BULGARIA Montreal, Side event 30 Nov. 2005COP/MOP1

2. The role of JI in the national CC strategy JI framework in Bulgaria Overview of JI projects Plans concerning JI in Bulgaria Planned activities to meet the eligibility requirements for JI Track I Host Country view on JI Track I The impact of the Linking directive Content

3. Meeting the Kyoto Target - surplus Second National Action Plan on Climate Change EU ETS Joint Implementation Management of AAUs – Green Investment Scheme The role of JI in the national strategy

4. Designated focal point for approving of JI projects – MoEW National guidelines and procedures in place 5 MoU signed, 12 projects approved JI framework in Bulgaria

5. Approved JI Projects PROJECTERUsAAUs 1.Vacha Cascade JI Project 1 140 000- 2. Industrial energy efficiency and co- generation, Nikopol 553 091203 208 3. Reduction of greenhouse gas by gasification of the towns Veliko Turnovo, Gorna Oryahovitsa and Lyaskovets 319 294- 4. Reduction of greenhouse gas by gasification of the municipality of Sofia 732 133- 5. Biomass and Energy Efficiency Project, Paper Factory – Stambolijski 530 688126 705 6.Co-generation power station Biovet 339 000200 000 7.Plovdiv South co-generation project 698 941242 615

6. Approved JI Projects, cont. PROJECTERUsAAUs 8.Biomass Utilization in Svilosa AD 586 000311 293 9. Rehabilitation of district heating system in Toplofikatsia Sofia EAD and Toplofikatsia Pernik ЕAD 911 469628 247 10. Agroplychim N2O reduction 2 015 0001 369 000 11. Reduction of greenhouse gas by gasification in Varna municipality 300 00049 046 12. Co-generation gas power stations AKB Fores PLC Financial Industrial Group 811 000193 000 Total 10 629 7073 323 114

7. Plans concerning JI in Bulgaria EU ETS is limiting the scope for JI to a great extend Still! 13 new project ideas are endorsed What is left? Mainly projects outside of the Scheme and non- CO2 projects Besides indirect double counting limits the renewables Rely on GIS

8. Plans concerning JI in Bulgaria, cont. A6SC decisions are important Additionality is crucial Track 2 – high transaction cost Rely on JI Track I

9. Planned activities to meet the eligibility requirements for JI Track I Submitted annually a greenhouse gas inventory report (currently for 2004, missing for 1989 – next year) Assigned Amount Units will be calculated and submitted in 2006 Supplementary information on the assigned amount - 2006 National system for the evaluation of GHG emissions – 2006 (responsible body – ExEA) National registry – project initiated (DEPA) Deadline – end of 2006

10. Host Country view on JI Track I JI Track I = GIS hard greening Standardised baselines - lack of financing Local validators – accredited by the Bulgarian accreditation agency, possibly EUETS validators Additionality – simplified, environmental additionality National guidelines to be developed on the basis of the existing guidelines for Track II

11. Draft Plan of action for moving the existing Bulgarian JI projects to Track 1 1. Declaration by the Bulgarian government - the project will generate the amount of ERUs and possible AAUs as stated in the PDD - the project is additional - agrees with the methodology used 2. Contacting the Suppliers – workshop 3. Control on whether the actions undertaken for Track 1 are consistent with the (possible) requirements of the JI Supervisory Committee 4. Transfer of ERUs upon receipt of verification reports

12. Direct double counting – cancel allowances from concrete installations Indirect double counting – deduct allowances from electricity sector (for heating – from concrete installations) Linking the JI projects to EU ETS

13. Making JI projects possible Set aside 1. Renewables - from electricity sector 2. Others - from electricity sector 3. Early credits – from National registry

14. Ivona Grozeva Head of JI Sector Phone: (+359 2) 940 6101 Fax: (+359 2) 981 6610 E-mail: ji_grozeva@moew.government.bgji_grozeva@moew.government.bg Web site: www.moew.government.bgwww.moew.government.bg MINISTRY OF ENVIRONMENT AND WATER