Valya peeva center for energy efficiency
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Pre-sessional consultations on registries 2 - 3 June 2002, Bonn, Germany DEVELOPMENT OF A NATIONAL REGISTRY IN BULGARIA Options and Recommendations. Valya Peeva Center for Energy Efficiency. Introduction. OECD / IEA project

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Valya peeva center for energy efficiency

Pre-sessional consultations on registries2 - 3 June 2002, Bonn, GermanyDEVELOPMENT OF A NATIONAL REGISTRY IN BULGARIAOptions and Recommendations

Valya Peeva

Center for Energy Efficiency


Introduction

Introduction

  • OECD / IEA project

    "Supporting Countries with Economies in Transition in Implementing the Kyoto Protocol”

  • Bulgarian case study on national registries

    March - November 2001


R esults

Results

  • Review of international requirements

  • Review of national circumstances which support or are an obstacle to the implementation of a national registry

  • Different options available to build a national registry identified

  • Recommendations on the next steps

  • National capacity building


International background understanding

International background understanding

The national registry:

  • requirement for the accurate accounting of the assignedamount of the Party

  • requirement for the monitoring, reporting and review of commitments under Art. 7 and 8

  • eligibility requirement for Kyoto Protocol mechanisms (JI, CDM and IET)


National background

National background

  • Bulgarian climate change policy - UNFCCC, Kyoto Protocol, NCs, inventories, NAPCC

  • Bulgarian policy concerning Kyoto mechanisms - AIJ/JI, IET


Policy options

Policy options

  • Option I: The country does not participate in JI and International Emissions Trading

  • Option II: The country is involved in JI and IET but only the Government is allowed to trade

  • Option III: Participation of legal entities in JI and/or Emissions Trading


Registry structure in option i

Registry structure in Option I

  • Types of units - assigned amount units (AAUs) and removal units (RMUs)

  • Types of accounts- a holding account, a retirement account and acancellation account

  • Basic transactions- issuance, cancellation and retirement of AAUs and RMUs, carry-over of AAUs

  • Commitment period reserve (CPR) - holdings of AAUs and/or RMUs


Registry structure in option ii

Registry structure in Option II

  • Additional types of units - ERUs and CERs

  • Additional accounts- specifically created holding, retirement, and acancellation accounts to record ERUs and CERs

  • Additional transactions- issuance of ERUs, transfer and acquisition of AAUs, ERUs, (CERs) and RMUs

  • Commitment period reserve (CPR) - holdings of AAUs and/or RMUs, ERUs, CERs

  • Additional information - about Article 6 projects


Registry structure in option iii

Registry structure in Option III

  • No additional types of units

  • Additional accounts- entity holding accounts

  • Additional transactions- transfers, acquisitions and cancellations by the authorized legal entities

  • Additional information - up-to-date list of the legal entities, authorized to participate in IET


Institutional links of the registry

National

MOEW (Party’s representative)

National inventory system

National Communications

JI unit

Entities’ representatives

The public

International

UNFCCC Secretariat

Expert review team

Other registries

The ITL

The public

Institutional links of the registry


Institutional infrastructure

Institutional infrastructure

Registry administrator

A governmental institution ?

Or a private entity ?


A governmental institution or a private entity

A governmental institution

permanent government control (political and institutional)

the government remains responsible for commitments

state guarantees for JI

Environmental Executive Agency

A private entity

no formal restrictions

good results with inventories and NC

existing experience with other registries

similar functions

Central Depository

A governmental institution or a private entity ?


R ecommendations on next steps policy development

Recommendations on next stepsPolicy development

  • Ratification of the Kyoto Protocol

  • Strategy for participation in the mechanisms

  • Government decision about the establishment of a registry


R ecommendations on next steps legal changes

Recommendations on next stepsLegal changes

  • Amendmentof the Environment Protection Act

  • Regulations for the activities, conditions and procedures for keeping and maintaining the registry

  • Coordination with other legal acts - Penalty Code (computerized crimes), legislation on access to environmental information, legislationon confidentiality of information, etc.


R ecommendations on next steps institutional building

Recommendations on next stepsInstitutional building

  • Institution to be assigned as registry administrator

  • Institutional changes - creating special units

  • Institutional links


R ecommendations on next steps technical development of the system

Recommendations on next stepsTechnical development of the system

  • Feasibility study

  • Definition of system design

  • System implementation


R ecommendations on next steps capacity building

Recommendations on next stepsCapacity building

  • Define requirements with respect to the number and qualification levelof the specialists needed

  • Comprehensive training


R ecommendations on next steps financing

Recommendations on next stepsFinancing

  • Procurement of external financing at least as an initial investment - GEF capacity building funds, pre-accession programmes of the European Commission, others

  • Local co-funding - National Environment Protection Fund

  • State budget - maintenance and operation


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