1. The Danish JI Program UNFCCC Workshop on the Implementation of Article 6 projects under the Kyoto Protocol Moscow, 26-27 May 2004 by Ulla Blatt Bendtsen, Chief Programme Co-ordinator, DEPA

2. Overview of Presentation Facilitating Arrangements

3. Capacity building Greening Experience sharing

4. Russian TA project on JI DEPA project started 2003 Key elements: GHG Inventories, JI project portfolio, Emission Trading Beneficiaries: MoEDT, Roshydromet, MoE, MNR, MoIST Contracted parties: COWI, ECON, Denmark’s National Environmental Research Institute, Russian REC, Russian experts

5. JI Potential in Russia Enormous potential Promissing projects: biomass/cleaner fuel, energy efficiency in industry, landfill methane capture, coal mine methane capture, N2O reduction from fertilizer production, etc. Selected pilot project: Moscow landfills Iksha and Khmetyevo

6. Benefits to Russia from Kyoto ratification Russia will benefit economically by ratifying the Kyoto protocol: Ratification will enhance the necessary public and private sector investments in energy efficiency Ratification will attract foreign investments Russia will be a key market player, and will be able to optimise its economic benefits.

7. Greening AAUs Greening of AAUs an important part of the Danish JI strategy: Early credits / Late credits Proceeds from AAU sales invested in environmental improvements at industry level Proceeds from AAU sales used to finance costs of implementing Kyoto protocol

8. Experience sharing Transfer of Danish experience implementing IPCC Good Practice Guidance Emissions trading (former DK and UK experiences and EU ETS) Implementing EU ETS in practice (Allocation plans and national legislation) Legal aspects of JI and ETS

9. More information on the Danish JI program www.mst.dk www.DanishCarbon.dk