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Latvia's participation in international emissions trading : options study (英语)

Latvia has an unprecedented opportunity to capture several hundred million Euros of additional public revenues by selling units of national greenhouse gas emissions quotas, or assigned amount units (AAUs), under the terms of International Emissions Trading stipulated in Article 17 of the Kyoto Protocol. These revenues can increase energy security, efficiency and environmental quality in Latvia in line with national development priorities. To take advantage of this opportunity Latvia has to meet its Kyoto commitments, meet internationally agreed eligibility requirements, and ensure that revenues are used for environmental purposes agreed with the buyers - the practice called greening.

详细

  • 文件日期

    2007/04/01

  • 文件类型

    工作文件(编号系列)

  • 报告号

    39743

  • 卷号

    1

  • Total Volume(s)

    1

  • 国家

    拉脱维亚,

  • 地区

    欧洲与中亚区,

  • 发布日期

    2010/07/01

  • Disclosure Status

    Disclosed

  • 文件名称

    Latvia's participation in international emissions trading : options study

  • 关键词

    state aid;purchase agreement;efficient use of biomass;greenhouse gas emission reduction;rational use of energy;land use change;municipal waste management system;emission allowance trading scheme;carbon capture and storage;Adaptation to Climate Change;Energy Efficiency in Buildings;clear separation of responsibility;project sponsor;international emission trading;total ghg emissions;public international law;Climate Change Policy;delivery of credit;renewable energy source;private international law;emission reduction credit;burden sharing agreement;legally binding targets;economies in transition;schedule of payment;energy consuming sector;capacity for climate;climate change adaptation;environmental management system;municipal waste landfill;power purchase agreement;sustainable development objectives;international good practice;flow of revenue;fossil fuel use;national legal system;private debt financing;district heating rehabilitation;energy efficiency measure;conditions for sale;mitigating climate change;international legal framework;concept of participation;combustion of biomass;reputational risk;environmental benefit;greening activities;payment schedule;advance payment;transaction cost;private company;co2 emission;Cash flow;commercial risk;eligibility criterion;carbon intensity;potential buyers;environmental performance;commercial bank;total co2;political commitment;private entity;private buyers;state budget;spot transaction;global demand;private law;commercial credit;soft loan;legislative framework;municipal company;carbon fund;political risk;framework agreement;legal basis;carbon finance;bilateral agreement;bilateral negotiation;Industrialized countries;third-party risk;potential demand;climate policy;financial feasibility;emission source;legal requirement;Capital Investments;governing body;industrialized country;green investment;emission target;Energy Sector;market participant;incremental revenues;carbon market;upfront payment;burning biomass;global compliance;enteric fermentation;budgetary arrangement;earth summit;forestry sector;land-use change;energy balance;industrial process;manufacturing industry;energy industry;subject matter;carbon dioxide;emission trend;building material;financial discipline;government's commitment;legal expert;public funding;risk category;risk sharing;equipment supplier;equity contribution;household sector;commercial debt;initial investment;innovative technologies;strategic approach;agricultural land;international mechanism;payment conditions;emission level;project negotiation;eligible beneficiary;project identification;coal-fired power;financial flow;power system;total emissions;national system;environmental result;sales opportunity;adequate capacity;commercial lender;trade scheme;local bank;credit enhancement;Oil Refining;medium-size company;environmental expenditure;environmental consideration;agricultural method;cleaner production;environmentally-friendly transport;environmental outcome;beneficiary enterprise;agreed period;reduction effort;industrialized nation;debt service;direct payment;escrow account;treasury account;technical feasibility;financial intermediaries;governing board;non-governmental organization;financial agency;corporate entity;project types;management companies;research institute;institutional strengthening;public support;carbon revenue;regulatory issue;credit market;institutional set-up;factor price;regulatory risk;international board;ensuring transparency;buyers demand;environmental program;project costing;public revenue;Small Hydro;audit requirements;competent authority;disbursement arrangement;local source;investment cost;large farm;municipality government;reporting requirement;project pipeline;conservative assumption;eligibility requirement;emission factor;grid electricity;high share;energy security;good governance;National Institutions;budget law;explicit provision;budget account;common market;public building;Public Services;national administration;foreign company

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