Björn ZapfelUNFCCC

secretariatJI section

http://ji.unfccc.intbzapfel@unfccc.int

JI Track 2 Project Cycle

Side event at COP/MOP 2:“JI Track 2 Project Cycle”Nairobi, Kenya - 14 November 2006

JI Track 2 Project Cycle Track 1 / Track 2

Track 1 / Track 2

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• Party to the Kyoto Protocol

• Assigned amount calculated

• National registry in place for tracking assigned amount • National system in place for estimating emissions/removals

• Submission of most recent required emissions inventory

• Accurate accounting of assigned amount and submission of information

Participation requirements (e.g.):Designated focal point

National guidelines and procedures

Track 2 procedure

Verification procedure under JISC

Track 1 procedure

Verification procedure according to host Party rules

JI Track 2 Project Cycle Track 2 project cycle

Preparation and publication ofPDD by

project participants/AIE

Preparation and publication ofDetermination by

AIE

Possiblereview by

JISC

Preparation and publication ofmonitoring report byproject participants/AIE

Preparation and publication ofDetermination by

AIE

Possiblereview by

JISC

30 days:stakeholders’ comments

Participation requirementsProject approvals

45 days:decision by individual JISC

members on review request,supp. by 2 JISC

members’/alternates’ appraisal (incl. expert inputs)

15 days:decision by individual JISC

members on review request,supp. by 2 JISC

members’/alternates’ appraisal

Project development Project implementation

Eligibility requirements

Issuance of ERUs (conversion of AAUs/RMUs)

Transfer and acquisition of ERUs

Carbon Market

JI Track 2 Project Cycle Further information

http://ji.unfccc.int/