Europe & CIS

Entry into force of the Kyoto Protocol (KP) of the United Nations Framework Climate Change Convention (UNFCCC) provides countries of the Eastern Europe and CIS (EE & CIS) with new opportunities for reducing their Green House Gas (GHG) emissions, mobilizing resources for environmentally-friendly technologies and achieving other sustainable development objectives. This potential can be realized though participation in the KP project-based mechanisms, such as Joint Implementation (JI) and the Clean Development Mechanism (CDM).

The project is aimed at building capacities and creating enabling environment for countries’ participation in the Kyoto Protocol. The objective of the project, i.e. to build institutional and project development capacities in the countries of Eastern Europe and CIS to enable their participation in the flexible mechanisms of the Kyoto Protocol and other carbon trade schemes, will be achieved though implementation of the following two components:

i)               Institutional capacity building for Kyoto Protocol implementation, including support to establishment and operationalization of the Designated National Authorities (DNA)

ii)             Building capacities for JI/CDM project development, in particular those greenhouse has reduction projects that can provide for a broader range of national and local environmental and development benefits than those that currently prevail at JI/CDM market

UNDP DEX;Energy Trust Fund

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