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This document outlines the steps being taken by the Ministry of Economic Development and Trade of the Russian Federation to enhance the implementation of Joint Implementation (JI) projects in Russia. It discusses the National system for greenhouse gas (GHG) accounting, the procedures for AAU Track II, and the promotion of small-scale projects. The goal is to ensure prompt initiation of JI projects under existing legislation, addressing critical issues such as property rights and taxation while seeking approval from the Government of Russia.
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JI projects implementation in Russia Vladimir Maximov Ministry of Economic Development and Trade of Russian Federation
Russia’s Track I eligibility on road • National system for GHG accounting • Registry • Inventory • AAU
Track II procedures Russia’s approach: • JI Supervisory Committee financing (private-public partnership possibilities) • Prompt and effective procedures • Small scale projects promotion • Application of approved methodologies and accredited validators (CDM EB experience)
National procedures JI procedures prepared by MEDT now is being considered by federal agencies. The document should be approved by GoR. The objective – to ensure prompt start of JI projects under current legislation (Russian capital investment law). The procedures covers project cycle steps from application till project registration.
National procedures (2) Interagency commission agreed to launch process of drafting of the federal law on Kyoto mechanisms implementation in Russia addressed property rights, taxation and other critical issues.