| An
overview of Kyoto Mechanisms and Baselines in Austria |
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In
accordance with the EU schedule, the Austrian ratification of the
Kyoto Protocol is expected by summer 2002. |
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The
Austrian government sees the flexible mechanisms as an important element
of Austria's Climate Change Strategy. |
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A
programme to acquire emissions reductions from JI & CDM projects
is currently under preparation. Rules are being elaborated, and funding
of around €36 Million/year is anticipated |
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No
Memoranda of Understanding (MoUs) have yet been signed, though advanced
negotiations are being held with Bulgaria, Czech Republic, Poland,
Slovenia and Hungary. |
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A
standard MoU has been elaborated by the Austrian UNFCCC focal point,
the Ministry for Agriculture, Forestry, Environment and Water Management. |
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Austrian industry is showing increasing interest in flexible mechanisms.
Pilot projects are under discussion and projects being proposed to
the relevant ministries. Although industry is beginning to recognise
the possible benefits of JI and CDM, there is currently no clear strategy
on whether projects are to be developed under the Austrian JI/CDM
programme or to fulfil commitments/industry caps.
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