1. CDM Investment Opportunities in Israel www.ecotraders.co.il Presented by: Adi Dishon Project Manager

2. Israel & the Kyoto Protocol Signed Kyoto Protocol Included as Non Annex 1 Party Can serve as host country to Clean Development Mechanism (CDM) Projects Start of 2004 should finalize nomination of CDM Designated National Authority & ratification of Kyoto Protocol

3. CDM Investment Opportunities Waste Treatment Energy Efficiency Fuel Switching Renewable Energy

4. Advantages to Israeli CDM Projects Feasibility assessments Field surveys Legal & financial advising CDM registration process Local Professionals [scientists, engineers, lawyers] GHG reduction technology Monitoring technology Local Technology Promote implementation of GHG reduction projects Awareness for sustainable development Valuable stakeholder involvement Local Initiatives The ability to rely on:

5. Advantages to Israeli CDM Projects Results in: Lower transaction costs Lower risks Credible quality carbon credits Stable democracy Clear environmental regulation (EIA) Transparency Governmental Infrastructure

6. Company Services Feasibility Assessments Project Development CDM Registration Find buyer for Carbon Credits

7. Role of Host Country CDM Project Developer 1.Key element: In depth understanding of local environmental rules & regulations 2.Identify sector which has “additional” emissions reduction potential 3.Identifying specific projects which can potentially be CDM projects 4.Approaching project owners and teaching them about CDM 5.Capacity building for government & stakeholders

8. Role of Host Country Project Developer 5.Interest local investors and contractors in CDM’s potential 6.Interest international investors in Israel’s CDM potential Any CDM project must have local counterpart play leading role in project development

9. Contact Details: Website: www.ecotraders.co.ilwww.ecotraders.co.il Email: dishon@ecotraders.co.ildishon@ecotraders.co.il Tel: 972-2-5634968 Cell: 972-53-80-55-49