JI under UNFCCC An overview Motoharu Yamazaki Projectbased

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JI under UNFCCC - An overview - Motoharu Yamazaki Project-based Mechanisms UNFCCC secretariat http:

JI under UNFCCC - An overview - Motoharu Yamazaki Project-based Mechanisms UNFCCC secretariat http: //ji. unfccc. int

JI | The basics • COP 7 agreed on guidelines for Article 6 projects

JI | The basics • COP 7 agreed on guidelines for Article 6 projects (JI guidelines) to be adopted by COP/MOP 1 (9/CMP. 1) • Emission reductions (ERU) are achieved by one Annex I Party through projects in another such Party • Projects provide emission reductions, or an enhancement of removals by sinks, that are additional to any that would otherwise occur

JI | The basics • Projects starting as of year 2000 are eligible as

JI | The basics • Projects starting as of year 2000 are eligible as JI projects if they meet requirements set in the JI guidelines • No early crediting (ERUs can only be issued for a crediting period beginning with the year 2008) • ERUs bankable to a max of 2. 5% of assigned amount • LULUCF JI projects not limited to afforestation and reforestation • Accredited independent entities (AIEs) to undertake third party verification • Two tracks depending on eligibility status (Track 1 and Track 2)

JI | Eligibility requirements (1) Track 1 (full eligibility) Track 2 (partial eligibility) a.

JI | Eligibility requirements (1) Track 1 (full eligibility) Track 2 (partial eligibility) a. Party to the Kyoto Protocol b. Assigned amount calculated c. National system in place for estimating emissions/removals d. National registry in place for tracking assigned amount e. Submission of most recent required emissions inventory f. Accurate accounting of assigned amount and submission of information d. National registry in place for tracking assigned amount

JI | Two tracks – key features Track 1 (“ET like”) Modalities National guidelines

JI | Two tracks – key features Track 1 (“ET like”) Modalities National guidelines Track 2 (“CDM like”) • COP/MOP decisions, incl. JI guidelines • JISC (taking into account work/experience of CDM/EB) Check project design against requirements National guidelines (with option to use Track 2) • Verification by AIE • Review by JISC (if requested) Check performance of project National guidelines (with option to use track 2) • Verification by AIE • Review by JISC (if requested) Transfer • OK if Party meets requirements • Party eligible to use track 1 may elect to use the verification procedure under track 2. In this case, ERUs are exempted from commitment period reserve (CPR) limitations • Only if the Party is in compliance with eligibility requirements • These ERUs are exempt from CPR limitations

JI | Track 1 – Role of host Party • Key role for host

JI | Track 1 – Role of host Party • Key role for host Party - Have designated focal point for approving projects - Have determined national guidelines for: ü Approving projects ü Monitoring ü Verification - Shall make information on projects publicly available in accordance with appendix B of the JI guidelines - Meet participation requirements

JI | Track 2 – Role of international oversight • Key role of JISC

JI | Track 2 – Role of international oversight • Key role of JISC - Accredits independent enties - May request review of determinations by AIEs • Key role of accredited independent entities (AIEs) - Determine that JI projects conform with JI requirements, including that methodologies are appropriate - Determine amount of emission reductions/removals by sinks

JI | Since COP/MOP 1 • COP/MOP 1 - Adopted JI guidelines (as a

JI | Since COP/MOP 1 • COP/MOP 1 - Adopted JI guidelines (as a part of the Marrakesh Accords) - Established the JISC and elected its members and alternates - Adopted further decision (10/CMP. 1) incl. ü DOEs may provisionally act as AIEs ü Approved methodologies for CDM may be applied ü JISC to develop provisions for fees ü Collaboration with CDM EB • Further guidance by COP/MOP - regarding methodological work, resources for financing Track 2 support, etc. • UNFCCC JI website was launched (http: //ji. unfccc. int/)

JI | Joint Implementation Supervisory Committee Members Alternate members Annex I (EITs) Daniela Stoycheva

JI | Joint Implementation Supervisory Committee Members Alternate members Annex I (EITs) Daniela Stoycheva (Bulgaria)=Chair Vlad Trusca (Romania) Oleg Pluzhnikov (Russian Fed. ) Astrida Celmina (Latvia) Matej Gasperic (Slovenia) Evgeny Sokolov (Russian Fed. ) Annex I (Other) Olle Björk (Sweden) Georg Børsting (Norway) Maurits B. Henkemans (The Netherlands) Franzjosef Schafhausen (Germany) Darren Goetze (Canada) Hiroki Kudo (Japan) Non-Annex I Jaime Bravo (Chile) Fatou Ndeye Gaye (Gambia) Shailendra Kumar Joshi (India)=Vice-Chair Marcos Castro Rodriguez (Ecuador) Vincent K. S. Makonga (Dem. Rep. Of Congo) Maosheng Duan (China) Non-Annex I (AOSIS) Derrick Oderson (Barbados) Yumiko Crisostomo (Marshall Islands)

JI | JISC work programme 2006 (tentative) Mandates To be agreed by ü Rules

JI | JISC work programme 2006 (tentative) Mandates To be agreed by ü Rules of procedure of JISC 01* ü PDD form JISC 01* ü Procedure for publication of determination reports JISC 02 ü Procedure for review of determination JISC 03 ü Guidelines for users of PDD JISC 03 ü Standards/procedures for accreditation JISC 04 ü Guidance on criteria for baseline setting and monitoring JISC 04 ü Provisions for small-scale projects 04 JISC

Annex 1 | Background information • Kyoto Protocol implementation timeline • Pre- commitment period

Annex 1 | Background information • Kyoto Protocol implementation timeline • Pre- commitment period milestones

Annex 2 | Crediting for JI projects • Conversion (“issuance”) of existing units of

Annex 2 | Crediting for JI projects • Conversion (“issuance”) of existing units of the host Party to emission reduction units (ERUs) based on the project AAU ERU for emission reducing projects RMU ERU for LULUCF projects • ERUs are transferred to investing Party/entity • ERUs may be used by Annex B Parties for compliance • ERUs differ from CDM credits, which are newly generated units

Annex 3 | Verifying compliance with the targets Annex I Party systems National registries

Annex 3 | Verifying compliance with the targets Annex I Party systems National registries Reporting process Emissions inventories Assigned amount info Review, adjustment, compliance processes Secretariat compilation and accounting database Emissions 2008 - 2012 > = < Assigned amount 2008 - 2012 Kyoto Protocol Compliance Committee