Jbic s engagement to kyoto mechanisms
This presentation is the property of its rightful owner.
Sponsored Links
1 / 13

JBIC’s Engagement to Kyoto Mechanisms PowerPoint PPT Presentation


  • 98 Views
  • Uploaded on
  • Presentation posted in: General

JBIC’s Engagement to Kyoto Mechanisms. April 2004 Japan Bank for International Cooperation (JBIC) Representative Office in Paris. Agenda. 1. JBIC at a Glance 2. JBIC and GHG Pollution Prevention Projects 3. JBIC’s Engagement to Kyoto Mechanisms. (1) Organization

Download Presentation

JBIC’s Engagement to Kyoto Mechanisms

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Jbic s engagement to kyoto mechanisms

JBIC’s Engagement to Kyoto Mechanisms

April 2004

Japan Bank for International Cooperation (JBIC)

Representative Office in Paris


Agenda

Agenda

1.JBIC at a Glance

2.JBIC and GHG Pollution Prevention Projects

3.JBIC’s Engagement to Kyoto Mechanisms

JAPAN BANK FOR INTERNATIONAL COOPERATION


1 jbic at a glance

  • (1) Organization

  • Establishedin October 1999 by the merger of :

  • The Export-Import Bank of Japan (JEXIM: established in 1950) and

  • Overseas Economic Cooperation Fund, Japan (OECF: established in 1961)

  • (2) Purpose

    • Promotion of Japan’s international trade and other international economic activities

    • Stabilization of the international financial order

    • Economic and social development and/or stability of developing areas

  • (3) Operations

1. JBIC at a Glance

  • International Financial Operations

  • (Quasi-commercial Financing)

    • Export Loan

    • Overseas Investment Loan

    • Untied Loan

    • Equity participation

  • Overseas Economic Cooperation Operations(Official Development Assistance)

    • ODA Loan

JAPAN BANK FOR INTERNATIONAL COOPERATION


4 outstanding loans etc

(4) Outstanding Loans, etc

JBIC Total

$181.2 billion

(Billion US$)

as of March 31 2003

(5) Relationship with Morocco

160bil Yen of

ODA Loan for

21 Development Projects

ODA Loan Commitment (Million Yen)

(as of March 31 2004)

JAPAN BANK FOR INTERNATIONAL COOPERATION


6 overseas network 26 representative offices

(6) Overseas Network (26 Representative Offices)

[Asia]Beijing, Hong Kong, Bangkok, Hanoi, Jakarta,

Kuala Lumpur, Manila, Singapore, Colombo, Dhaka,

Islamabad, New Delhi, Sydney (13)

[Europe]Moscow, Frankfurt, London, Paris (4)

[Africa]Cairo, Nairobi (2)

[North America]New York, Washington (2)

[South America]Bogota, Buenos Aires, Lima, Mexico City,

Rio de Janeiro (5)

JAPAN BANK FOR INTERNATIONAL COOPERATION


2 jbic and ghg pollution prevention projects

2. JBIC and GHG Pollution Prevention Projects

JBIC is actively supporting projects to alleviate GHG

effect through financing operations, for example

(1) Renewable Energy

  • Northern Luzon Wind Power Project (Philippines,ODA loan)

  • Upper Kotmale Hydropower Project (Sri Lanka,ODA loan)

    (2) Natural Gas

  • Natural Gas-Fired Combined Cycle Power Plant Project (Mexico,Overseas investment loan)

  • Natural Gas-Fired Combined Cycle Power Plant Project (Vietnam,Overseas investment loan)

  • Beijing Environment Improvement Project (China, ODA loan)

  • Severnaya Natural Gas-Fired Combined Cycle Power Plant Project Ⅱ(Azerbaijan,ODA loan)

JAPAN BANK FOR INTERNATIONAL COOPERATION


Jbic s engagement to kyoto mechanisms

(3) Energy Saving/ Energy Efficiency

  • Rehabilitation of Coal-Fired Thermal Power (Co-generation) Plant Project (Romania, Export loan)

  • LD Gas Recovery System Project (Brazil, Export loan)

  • Shaanxi Province Xian Co-generation Project (China, Export loan)

    (4) Forest Conservation

  • Sustainable Environmental Management Project in Northern Palawan (Philippines, ODA loan)

  • Punjab Afforestation Project (Ⅱ), Rajasthan Forestry and Biodiversity Project (India, ODA loan)

  • Gansu /Inner Mongolia Afforestation and Vegetation Cover Project (China, ODA loan)

JAPAN BANK FOR INTERNATIONAL COOPERATION


Jbic s engagement to kyoto mechanisms

3. JBIC’s Engagement to Kyoto Mechanisms

(1) JBIC’s contribution to Prototype Carbon Fund (PCF)

  • Objective: Accumulation and dissemination of know-how for handling CDM/JI projects

  • Committed $10 million along with 8 Japanese companies (May 2000)

  • Only JBIC contributed to PCF from public sector in Japan

  • Engaging actively as a member of Participants’ Committee

  • Chile Chacabuquito (hydropower) Project achieved 112,000 tons of CO2 VER in total after almost one year of operation (June 2003)

JAPAN BANK FOR INTERNATIONAL COOPERATION


Jbic s engagement to kyoto mechanisms

(2) Financial Support for CDM/JI Projects:

Advantages of JBIC’s financing for CDM/JI Projects

  • Various financing tools for projects in developing countries

  • Strong relationship with host country (government agencies and private sector) built through years of financing operations and our overseas networks of 26 representative offices

  • Extensive knowledge and know-how in dealing with environmental projects in developing countries

  • Accumulation of experience through investment in PCF

JAPAN BANK FOR INTERNATIONAL COOPERATION


Jbic s engagement to kyoto mechanisms

(2) Financial Support for CDM/JI Projects:

Potential CDM project in North Africa

  • Zafarana Wind Power Project (Egypt, Dec.2003)

    Loan Agreement was concluded in Dec. 2003.

    The necessary procedures for the application

    of the CDM have already been started.

  • Photovoltaic Power Generation Project (Tunisia)

    Projects are under preparation with Technical Assistance by JBIC.

JAPAN BANK FOR INTERNATIONAL COOPERATION


Jbic s engagement to kyoto mechanisms

(3) Establishment of Japan Carbon Fund (JCF)

  • Objective: Purchasing GHG emission reduction credits from projects abroad to contribute to meeting the Japanese target of GHG emission reduction under the Kyoto Protocol

  • Participants: Japanese corporations

  • Targeted amount: About 10 bill Japanese yen

  • Term: Until 2012 subject to consent of investors

  • Eligible project: CDM/JI projects (including the projects considered to be validated as CDM/JI projects with high probability).

  • Method for purchasing credits: Conclude E.R.P.A. (Emission Reduction Purchase Agreement) with project owners

JAPAN BANK FOR INTERNATIONAL COOPERATION


Jbic s engagement to kyoto mechanisms

  • Contribution through JCF/JBIC

26JBIC Worldwide Representative Offices

Strong Relationship

Financial Support

HostCountry

CDM / JIProject

Credit

Payment

Commercial

banks

Japan Carbon Fund

(JCF)

JBIC

Investment

Investment

Other Japanese Investors

JAPAN BANK FOR INTERNATIONAL COOPERATION


Thank you

ContactTokyo headquarter:

Division 5

Corporate Finance Department

[email protected]

Paris Office:

Akika [email protected]

Thank you !


  • Login