Moscow Carbon Market Forum 2008

Moscow Carbon Market Forum 2008 took place on April 28-29, 2008 in Moscow. The Forum was organized by the World Bank in cooperation with the Ministry of Economic Development and Trade of the Russian Federation and other organizations.

The Forum provided a unique platform for exchanging information and views regarding perspectives of Kyoto Protocol implementation in Russia, CIS and Eastern European countries. The Forum offered opportunity for the professional discussion of the following issues:

• legal framework and procedures for the implementation of JI and CDM  projects,
• prospects for the Investment Scheme and JI Track 1 application in the period 2008-12 and beyond,
• state of international carbon market and sellers and buyers of AAUs, ERUs, CERs  prospects.

For further information, please go to www.carbonproject.ru or send your questions on ambogdanova@worldbank.org

FORUM AGENDA & MATERIALS:

Session 1: Policy, legal framework and procedures for the implementation Kyoto Protocol in the Russian Federation.
Chaired by Alexander Khanykov, Carbon Agency

• Russia’s economic policy and development of international carbon market: V. Gavrilov, MEDT RF
• Experience in JI project preparation on gas flaring mitigation. M. Stavsky, NK Rosneft
• Procedures and institutional basis for JI projects approval in Russia. O. Pluzhnikov, MEDT RF
• Implementation of JI projects in forest sector: Forest Energy Program. A. Benin, Federal Forestry Agency of the Russian Federation
• National system for the estimation of anthropogenic GHG emissions by sources and sinks as an important element of Russia’s international obligations under UNFCCC and Kyoto Protocol. E. Vikulova, Roshydromet(also available in Russian)

Session 2: Policy, legal framework and procedures for the implementation Kyoto Protocol in JI/CDM host countries.
Chaired by Marina Olshanskaya, UNDP

• JI under UNFCCC: an overview and recent development. M. Yamazaki, UNFCCC Secretariat
• Policy, normative base and experience of Kyoto Protocol implementation in Ukraine. T. Bebeshko, Agency on Environmental Investments, Ukraine
• Policy, normative base and experience of Kyoto Protocol implementation in Belarus. S. Zavialov, Ministry of Natural Resources and Environmental Protection of the Republic of Belarus(also available in Russian)
• Experience of competitive selection of CDM project investors in Uzbekistan. L. Zavyalova, Ministry of Economy/ UNDP project in Uzbekistan
• Policy, normative base and experience of Kyoto Protocol implementation in Bulgaria and other Central European countries. D. Stoicheva, UNDP(also available in Russian)

Session 3: Green Investment Scheme (GIS) and AAUs management – prospects for the period 2008-12 and beyond
Chaired by Helmut Schreiber, World Bank

• Overall overview of GIS instrument, its developments and prospects for the Russian Federation. A. Averchenkov, World Bank(also availablein Russian
• GIS/JI development and prospects in Ukraine. T. Bebeshko, Agency on Environmental Investments, Ukraine
• GIS/JI development and prospects in Hungary. G. Lazi, World Bank(also available in Russian)
• GIS development and prospects in Latvia. K. Shimazaki, World Bank
• GIS/JI development and prospects in Czech Republic, P. Kalas, World Bank
• Relevant lessons for GIS learnt in JI Track 1 and Track 2 in various central Eastern European countries. Z. Lengyel, Carboncredits/SenterNovem
• Potential buyer’s view and expectations regarding GIS. T. Hongo, Japan Bank for International Cooperation
• Legal and institutional aspects of GIS and programmatic JI implementation in Russia. M. A. Izeman, NRDC
• JI projects in Russia: Track 1 or Track 2. E. Sokolov, Carbon Trade & Finance
• Use of GIS and other KP mechanisms in strategic development of energy – coal company. V. Litvak, SUEK
• JI & CDM - A Comparison. JP Miller, Natsource

Session 4: State of International Carbon Markets and Carbon Buyers prospects
Chaired by Ingo Ramming, Carbon Trade & Finance

• MDG Carbon Facility. M. Olshanskaya/A. Kaplina, UNDP
• CPF as a new instrument. T. Matsuki, World Bank(also availablein Russian
• Austrian JI program. S. Eichberger, Kommunalkredit
• Joint Implementation Projects: A Buyer's Perspective. N. Allen, Macquarie Bank, Australia
• Combining JI Project Finance with Trading of ERU's. E. Boonman, Fortis(Also available in Russian)
• Opportunities and challenges in the Russian carbon market. I. Ramming, Carbon Trade&Finance(Also available in Russian)
• Carbon contracting in uncertain market conditions. A. Sankovski, ICF International(Also available in Russian)
• Structuring Credit Facilities for Carbon Projects. B. Marteijn, Fortis(Also available in Russian)
• State and trends of the Carbon Market in 2007. M. Yulkin. CAMCO

Session 5: Sectoral policies on GHGs emission mitigation
Chaired by Helmut Schreiber

• JI Opportunities in the Russian Heat and Power Sector. R. Kajaste, NEFCO(Also available in Russian)
• Energy efficiency. Y. Gorbatenko, IFC
• Projects on reduction of pollution emissions in gas transportation systems. G. Melnikov, MELAX(Also available in Russian)
• Projects on reduction of coal mine methane emissions. O. Tailakov, UNDP(Also available in Russian)
• Renewable energy development. I. Kozhukhovsky, Electric Power Balance Forecasting Agency
• Features of carbon projects implementation in oil and gas sectors. E. Krasnova, SGS(Also available in Russian)

Session 6: Carbon Sellers experience and expectations
Chaired by Alexander Averchenkov

• Effectiveness criteria and priority areas for JI projects in energy and industry sectors. V. Karaganov, Ministry of Industry and Power
• Gas flaring. A. Platonova-Oquab, World Bank(Also available in Russian)
• Input of the RAO UES in the Kyoto Protocol implementation in Russia. A. Gorkov, ECF of Russian Unified Energy System
• Experience in JI project preparation on hydro power plant rehabilitation. V. Vashorkin, Irkutskenergo
• JI projects on methane emissions avoidance in gas distribution networks. V. Berdin, National Methane Center
• JI projects potential in selected sectors in the Russian Federation. A. Khanykov, Carbon Agency