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Event



01/31/2007 - 01/31/2007 | Berlin

Economic Instruments for Climate Protection

Japanese / German Workshop organized by: German Federal Ministry of the Environment, Japanese Ministry of the Environment, Institute for Global Environmental Strategies (IGES), Wuppertal Institute for Climate, Environment and Energy

Speakers:

Peter Zapfel, DG Environment, European Commission

Franzjosef Schafhausen, German Federal Ministry of the Environment

Ryutaro Yatsu, Japanese Ministry of the Environment

Since the entry into force of the Kyoto Protocol, the focus in climate policy has increasingly shifted towards implementation. In this context, both Germany and Japan are actively using market mechanisms. Since they are the second and third largest emitters respectively among those countries that have quantified emission limitation and reduction commitments under the Kyoto Protocol, their policies have a significant impact on the market. Germany has on 1 January 2007 assumed the presidency of the G8 and Japan will follow in 2008 ? reason enough for a close collaboration between the two states.
Although the objective of the two countries is the same, which is to achieve emission reductions in the most cost-effective way possible, their respective focus is different. In Germany, the focus is on the implementation of the European Union emissions trading scheme (EU ETS), which started in 2005 and covers about 1800 German installations emitting ca. 500 Mt of CO2 emissions per year. The EU ETS is also linked to the Kyoto Protocol?s Clean Development Mechanism (CDM) and Joint Implementation (JI). It could furthermore be linked to the emissions trading systems of countries or regions outside of the EU.
In Japan, the focus has so far been on the CDM and JI. The Japanese government adopted the Kyoto Target Achievement Plan in 2005. According to the plan, Japan must acquire certificates corresponding to 1.6% of its total emissions, about 20 Mt/year, in order to achieve the 6% reduction target set in the Kyoto Protocol. Against this background, the Japanese government initiated a programme to support private entities to conduct CDM and JI projects and is currently developing a scheme to purchase Certified Emission Reduction (CERs) and Emission Reduction Units (ERUs) from the project-based mechanisms, utilizing revenue from energy-related taxation. Japan is also currently considering the option of introducing a mandatory domestic emissions trading scheme. As such, the importance of market mechanisms to achieve their Kyoto target is increasing for both countries. Moreover, market mechanisms can play an important role for long-term emission reductions, since the market can operate by itself once it has been established. The aim of the workshop is to exchange information and share the experience that has so far been gained in using market mechanisms for climate protection in both countries.

Non-public part of the Workshop:
In the afternoon of 31 January and on 1 February around 25 German and Japanese stakeholders from administration, business, science and NGOs will discuss the ETS and Future Directions in Japan and Germany, possible international linkages between trading schemes, the future role and design of the Kyoto-Mechanisms and future cooperation between Germany and Japan.

Information on participating / attending:
Please send registrations to karin.holl@wupperinst.org

Date:

01/31/2007 10:00 - 01/31/2007 13:00

Event venue:

Galerie der Heinrich Böll-Stiftung, Hackesche Höfe,
Rosenthaler Str. 40/41
10178 Berlin
Berlin
Germany

Target group:

Business and commerce, Scientists and scholars

Relevance:

international

Subject areas:

Biology, Economics / business administration, Electrical engineering, Energy, Environment / ecology, Law, Oceanology / climate, Politics, Traffic / transport

Types of events:

Entry:

01/23/2007

Sender/author:

Dorle Riechert

Department:

Öffentlichkeitsarbeit und Kommunikation

Event is free:

yes

Language of the text:

English

URL of this event: http://idw-online.de/en/event19252


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