1. JOINT IMPLEMENTATION MECHANISM IN BULGARIA J I MINISTRY OF ENVIRONMENT AND WATER 26 May 2004 Daniela Stoycheva – National Focal Point on CC, BULGARIA

2. MINISTRY OF ENVIRONMENT AND WATER 4 Climate Change policy and l egal framework 4 Institutional framework 4 Current status in meeting the eligibility requirements for JI First Track 4 Procedures for JI projects approval 4 JI projects under development 4 Opportunities for JI projects in Bulgaria 4 Future actions Main points

3. MINISTRY OF ENVIRONMENT AND WATER 3 Firm intention to join the international efforts for climate change mitigation Main principles of the Bulgarian Climate Change Policy 3 Placing no barriers in front of the development of the national economy 3 Desire to attract investments to support the implementation of the national policy and measures on climate change

4. MINISTRY OF ENVIRONMENT AND WATER 3 The Kyoto Protocol to the UNFCCC is a part of the national legislation after its ratification in 2002 / Art. 5, § (4) of the Bulgarian Constitution / Legal framework 3 Decision of the Council of Ministers on the adoption of the National Action Plan on Climate Change /NAPCC - 2000/ 3 Memoranda of Understanding with the Netherlands, Austria, Switzerland, Denmark and the Prototype Carbon Fund (World bank)

5. MINISTRY OF ENVIRONMENT AND WATER Institutional framework 3 Steering Committee for assessment of JI projects - Chair person - the Deputy Minister of environment, 12 members from relevant ministries 3 Ministry of Environment and Water - implementation of the climate change policy /UNFCCC, Kyoto Protocol/ JI sector within the Ministry 3 Interinstitutional Commission on Climate Change /ICCC - 2000/ - political body for the implementation of the NAPCC. Chair person - the Deputy Minister of environment, high level officials from 17 ministries

6. MINISTRY OF ENVIRONMENT AND WATER Current status in meeting the eligibility requirements for JI First Track One (1) + It has submitted annually a greenhouse gas inventory report - National system for the estimation of GHG emissions will be in place - National registry – will be developed in 2007 - Supplementary information on the assigned amounts AAs will be submitted + Bulgaria is a Party to the Kyoto Protocol + Its Assigned Amount Units have been calculated and recorded

7. MINISTRY OF ENVIRONMENT AND WATER Procedures for JI Projects Approval (1) 1. Project Idea Note → Letter of Endorsement 2. Project Design Document (PDD) (incl. Baseline study, Calculation of emission reductions, Monitoring plan, Environmental Impact Assessment) → Letter of Approval 3. Validation by Independent Entity – Validation report 4. Assessment by the JI Steering Committee

8. MINISTRY OF ENVIRONMENT AND WATER Procedures for JI Projects Approval (2) 5. Emission Reduction Purchase Agreement - between the project owner and the buyer country 6. Implementation of the project – monitoring and verification by independent entity 7. Transfer of verified emission reductions through the national registry

9. MINISTRY OF ENVIRONMENT AND WATER JI projects under development (1) The Netherlands (EruPT-3) Landfill gas extraction and utilization in Bulgaria (2 projects); Landfill gas extraction and utilization in Bulgaria (2 projects); Reduction of greenhouse gas by gasification of three municipalities. Reduction of greenhouse gas by gasification of three municipalities. (EruPT-4) Landfill gas extraction and utilization in Bulgaria; Landfill gas extraction and utilization in Bulgaria; Reduction of greenhouse gas by gasification of one municipality; Reduction of greenhouse gas by gasification of one municipality;

10. MINISTRY OF ENVIRONMENT AND WATER JI projects under development (2) Co-generation at industrial company; Co-generation at industrial company; Cogeneration at district heating companies (2 projects); Cogeneration at district heating companies (2 projects); Small hydro power plant; Small hydro power plant; Wind energy; Wind energy; Reduction of N20 at fertilizer plants (2 projects) Reduction of N20 at fertilizer plants (2 projects) Austria Large hydro power plant; Large hydro power plant; Co-generation and energy efficiency at carton production plant; Co-generation and energy efficiency at carton production plant;

11. MINISTRY OF ENVIRONMENT AND WATER JI projects under development (3) Switzerland Rehabilitation and modernization of the heat sources at district heating company; Rehabilitation and modernization of the heat sources at district heating company; Prototype Carbon Fund Biomass utilization at pulp and paper plant; Biomass utilization at pulp and paper plant; Rehabilitation of 2 district heating companies. Rehabilitation of 2 district heating companies.

12. MINISTRY OF ENVIRONMENT AND WATER Opportunities for JI projects in Bulgaria 3 Renewable energy sources (biomass, biogas, small hydro, wind, solar and geothermal) 3 Combined heat and power generation 3 Fuel switch 3 Energy efficiency (industry, residential buildings, transport) 3 Waste processing (biogas)

13. MINISTRY OF ENVIRONMENT AND WATER Future Policies and Actions 3 Directive on EU Emission Trading Scheme - EU accession in 2007, approximation with the Acquis communautaire - National allocation plan 3 Green investment scheme

14. THANK YOU FOR THE ATTENTION !