Netherlands-EBRD Carbon Fund

1
Netherlands-EBRD Carbon Fund

• Unlocking Project Potential
• Egbert Liese

2
Project portfolio
billion
16.4
12
6.3
3.6
1,017 signed projects
Disbursements
3
Portfolio over the region
Cumulative commitments 22.7 billion
SE Europe Caucasus 29
Russia Central Asia 30
Central Europe 41
4
Portfolio by sector
Financial Institutions 30
Transport 15
General Industry 13
Power Energy 8
MEI 7
Agribusiness 8
Natural Resources 7
Energy Efficiency 1
Property Tourism 3
Telecoms 8
5
Track 1 (limited procedure)

• Comply to participation requirements (5, 7 8)
• Compliance risk
• compliance to participation requirements
• Enough capacity to comply?
• Buyer between a rock and a hard place

6
Track 2 (similar to CDM)

• Supervisory Committee
• 2005?, 2006?, 2007?
• Baseline risk
• Lower baseline
• Additionality of project
• Expensive procedure
• Big potential for smaller projects (50,000
  80,000 p/a)