The project is the first full-fledged UNDP-supported initiative in EE&CIS aimed at building capacities and creating enabling environment for country’s participation in Kyoto Protocol. The objective of the project, i.e. to assist countries in Eastern Europe and CIS to access carbon financing, which will be achieved though implementation of the following outputs: i) Development of national Kyoto Protocol implementation strategies and establishment of institutional framework and capacity building for JI/CDM project review and approval; ii) Raising awareness and building in-country expertise for identification and development viable CDM and JI projects; iii) Establishment of regional network of practitioners dealing with carbon market mechanisms and strengthening UNDP internal knowledge and capacities to develop and implement projects in support of Kyoto Protocol, and Providing JI/CDM project development services through UNDP MDG Carbon Facility Anticipated results: · National policies and institutional frameworks established to support carbon market transaction in ECIS countries · Assessment of sectoral potential for JI/CDM in priority countries/sectors conducted · Capacities developed among private and public sector stakeholders in ECIS to effectively identify and implement carbon finance projects · Community of Practice on carbon finance established in RBEC · Portfolio of JI/CDM projects built and project development services provided through MDG Carbon Facility |
