PowerPoint-Pr

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Technology Transfer and Investment Risk in
International Emissions Trading
Funded by European Commission, DG Research
FP6 Priority 8 - Policy-oriented Research
Duration June 2005 until November 2007
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TETRIS Partners
ECN, The Netherlands
Ecoplan, Switzerland
Natsource, United Kingdom
ZEW, Germany
CCAP, Czech Republic
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TETRIS - Background

• UNFCCC and Kyoto Protocol
• Frame for international climate policy
• Allows for international emissions trading (ET)
• Establishes project-based emissions trading (CDM
  / JI)

• European Emissions Trading Scheme (EU ETS)
• Primary instrument for EU climate policy
• Worlds largest trading system

T E T R I S

• Kyoto Flexible Mechanisms
• Linkage of different emissions trading schemes
• Enables efficient global abatement
• May provide technology transfer
• Potential for Investment in CDM host countries

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TETRIS Objectives

• Objectives and novel aspects of the TETRIS
  project
• Analysis of technology transfer related to Kyoto
  mechanisms in developing countries (Experience to
  date)
• Development of comprehensive indicators of the
  investment risk for GHG abatement projects and
  their incorporation into the analysis of
  emissions trading markets
• Assessment of potential and problems of linking
  different emissions trading schemes to form an
  efficient common market
• Quantitative analysis of the economic and
  industrial impacts of international emissions
  trading model EU-market for CO2 and extend it
  to include JI and CDM

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Integration of Workpackages
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Dissemination of Results (I)
D1 Marginal Abatement Cost Curves for the non
Annex-B Region
D2 Linking Domestic Emissions Trading Schemes to
the EU ETS
D3 Joint Implementation and Emissions Trading in
Eastern Europe
D4 Measuring the Risk of Investments in Climate
Change Mitigation A Composite Indicator
D5 Technology Transfer and the Kyoto Protocols
Flexible Mechanisms

D6 Quantitative Analysis of International
Emissions Trading
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Dissemination of Results (II)

• Final conference open to the public

• Planned Special Issue, Climate Policy

• Project Website (www.zew.de/TETRIS)