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Green Investment Scheme (GIS)
in the Czech Republic
Martin Fiala
Pavel Zámyslický
Climate Change Department
Budapest, 24 April 2008
Ministry of Environment
Vršovická 65
100 10 Praha 10
Czech Republic
Last development in the Climate Change Agenda
• 14 November 2007 – Czech government made
decision about the further GIS implementation steps
• 1 January 2008 - Kyoto Commitment Period and the
second EU ETS period were started
• 21 January 2008 - EU Commission published the EU
Climate-Energy Package proposal
• 24 February 2008 - Czech Republic is fully eligible
under the Kyoto Protocol
GHGs Emissions trends
200 000
160 000
140 000
120 000
100 000
GHGs
Kyoto commitment
GHGs comparison 1990 vs. 2006 – 24%
2020
2015
2010
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
1993
1992
1991
80 000
1990
Kt CO2 ekv.
180 000
Joint Implementation (JI) overview
• About 35 projects – LoA was issued
(possibility to choose between Track 1 and Track 2)
• Problems with future potential for new JI projects
• EU ETS (Linking Directive - limited potential for new JI projects in the
current regime in all EU MS)
• Question of additionality (feed-in-tariff, Operational Programme
Environment, Operational Programme Enterprise and Innovation, etc.)
• New JI projects – only heating (biomass, biogas) and non – CO2 projects
(landfill gas projects)
• Reserve 99 389 allowances per year in NAP2 for indirect linking (only RES
projects with LoA)
• EU ETS operators can use 10 % (CERs and ERUs) in the second NAP
GIS Implementation in the Czech Republic (I)
•
•
•
•
MoU – Denmark, Austria
(under preparation - Japan, Netherlands,
Spain, Finland, etc. )
Expected (surplus) amount 100 million AAUs per Kyoto
commitment period (2008-2012)
• Potential buyers – governments/private sector
• Greening facility – State Environmental Fund (www.sfzp.cz)
“The resources from the SEF are one of the most important instruments
of state environmental policy. Domestic resources (mainly in some kind of
measures) are limited“.
GIS Implementation in the Czech Republic (II)
• In programming goals of the Czech Government till 2010 is mentioned
that revenues from IET will be used for financing energy savings in family
houses and flats, administrative and public buildings.
• Czech government priority – Housing sector
• fuel switching from lignite
(still approx. 560 000 households is heating directly by coal)
to biomass (potential approx. 280 000 households - 2 Mt CO2 per year),
or/and improvement of thermal insulation,
• eventually fuel switching from lignite to central heating system/gas
(additional potential around - 1 Mt CO2 per year )
• Other sectors --- has not been decided yet (gaps between various type of
funds, avoid „double-counting“ situation)
Energy savings need to be improved in the building sector
1,2 Mio flats / ~15 PJ / ~ - 1,5 Mt CO2 per year
Organisational scheme of GIS
GIS Implementation in the Czech Republic (III)
• Ministerial GIS WG was established
• Main tasks – on the international/domestic side
• Pending issues
– Legal/Financial (amendment of law about conditions of trading with
allowances etc., preparation of auction, taxes, accounting questions,
ERPAs)
– Technical/Organizational (preparation of grants, documentation,
criteria, validation, reporting, verification, call of proposal)
general question – connection of CITL/ITL
• Pilot transaction should be done by the end of 2008
– Both, bilateral contracts, auction could be used
Thank you for your attention !
[email protected]
[email protected]
www.env.cz
Tel: (+420) 267 122 378, (+420) 267 122 328
Fax: (+420) 271 734 226, (+420) 267 126 328