1. Annex I Developments United Kingdom UNFCCC National Registry Development Martin Hession International Climate Policy DEFRA UK

2. Our Story UK Development 2000 -2002 UK Emissions Trading Scheme ET lead to Learning By Doing First Mover Advantage Urgent Programme for Registry (April 2002) Need for Simplicity and Flexibility Ease of Management

3. Options for UK 2001 Specification Build Modify Existing New Build In-house Outside Tender Factors in Decision ETS Specific Features Management Existing Development Expertise Existing Infrastructure Lengthy Tender Procedures Time and Cost Our Story UK Development 2000 -2002

4. UK Development 2003-2004 Tasks for UK 2003 EU Compliance – Standard 2003? UN Compliance – Standard 2003/4 Technical Work Programme 2003 Generic Registry – July/August Communications Module – Autumn Upgrade to UN/EC Autumn/Spring

5. UK Cooperation Policy 2003-2009 Objective: Get UK ready for and facilitate others participation in international trading Mandate Work cooperatively with others to this end Explore options for exploitation of registry, sale, cost-sharing and donation Challenges Business not Core Business Legal and Admin Arrangements