Jakob Forman

Programme Coordinator
Danish Environmental Protection Agency
Division of Climate Change
 Denmark’s commitment
 Under the Kyoto Protocol and the internal EU
burden sharing agreement, Denmark has
committed itself to reduce its emissions of
greenhouse gasses with 21 % in 2008 - 12.
 This corresponds to 8 – 13 Mt per year in 2008 -
2012.
 Denmark is facing a considerable challenge
Denmark’s climate change strategy - 2003
 Only domestic measures : Cost 490 to 615 mio.
EURO.
 Cost-effective measures in Denmark under a
given benchmark and flexible mechanisms : Cost
125 to 240 mio. EURO.
 Use of flexible mechanisms primarily a task for
the private sector under the EU ETS.
 Government will help get the market up and
running through early investments.
 Denmark’s Purchase Programmes
 Ministry of Foreign Affairs:
– Funds available: 80 mill EURO from 2004-09
– CDM from developing countries.
 Ministry of the Environment:
– Funds available: 100 mill EURO from 2003-09
– JI and CDM from Eastern Europe and Central
Asia.
This is DanishCarbon.dk
Three ways of buying Carbon Credits
Carbon Credits through Carbon Funds

Carbon Finance
at the
World Bank
Carbon Credits through projects - Results
 11 contracts signed on JI projects
 6.4 mio. tons CO2 reductions/credits.
 1.2 mio. tons CO2 reductions/credits in two
Russian projects
 2 mio. tons CO2 credits as options on existing
contracts.
 15-20 projects in the pipeline including some
CDM projects
Five projects fully implemented generating
emission reductions
 Biomass Energy in 5 cities in Romania
 Geothermal Energy in Oradea and Beius in
Romania
 Agropolychim N2O-reduction Project in Bulgaria
 Lovochemie N2O-reduction Project in the Czech
Republic
 Zakopane Methane Utilisation Project in Poland
 The CDM programme administered by
the Danish Ministry of Foreign Affairs

The programme focuses on five countries for the

direct purchase of CERs: Thailand, Malaysia,
Indonesia, China, South Africa
Contracted projects:
 3 projects in Thailand (1,400,000 CERs)
 1 project in Malaysia (200,000 CERs)
 1 project in South Africa (450,000 CERs)
 1 project in Egypt (600,000 CERs)
 Around 20 projects in the pipeline
www.danishcdm.dk
 The CDM programme administered by
the Danish Ministry of Foreign Affairs

Future strategy:

 Assist Danish companies in their purchase of CO2

credits.
 Strengthen the Danish commitment to promote
the transfer of cleaner technologies to LDC.
 Stimulate a more equal geographical distribution
of CDM project activities.

www.danishcdm.dk
 The Danish CDM Approach
Capacity Building

CDM Capacity Building is part of development cooperation:

 in Environmental Cooperation countries
 in Synergy with Capacity Development and
Sustainable Energy Programmes
 includes general CDM information and awareness
building
 focus on Government Institutions/DNAs
 support to Project Development
 support to capacitating consultants and lawyers
Capacity Building and Technical Assistance
for Central and Eastern Europe
Denmark supports capacity building in a number of JI-countries:

 Russia: Regional pilot inventories, criteria for approval of

JI projects, legal advice
 Romania: National Climate Strategy and Action Plan,
National Climate Change Registry
 Bulgaria: Implementation of EU ETS, National Climate
Change Registry, draft legislation for track 1 compliance
 Ukraine: Support for track 1 compliance
 For more information

www.DanishCarbon.dk
and

www.danishcdm.dk