StatusofJointImplementationinRussia.pptVIP

Status of Joint Implementation in Russia Helmut SCHREIBER The World BankEurope and Central Asia RegionInfrastructure and Energy Services Department Russia necessary to reach Kyoto Targets Ratifying OECD cumulative target reductions will be 5-5.5 billion tons of carbon dioxide below 1990 levels If half is done domestically the “compliance gap” to be met through Kyoto Mechanisms is 2.5 billion tons The figures in million tons of reductions don’t add up: Compliance Gap: 2,500 CDM deals so far: ~ 400 JI deals so far: ~ 150 ? Big volume transactions desperately needed Russia could an