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| 3rd
Workshop on the Environment 20-21 October 2003 - London (UK)
The two following presentations were part of a session that presented ways in which insurance companies are preparing for a growing emissions trading market. The presentations were followed by a discussion about why emissions trading is relevant to ECAs' business operations and what opportunities for ECA involvement result from it.
The following three presentations form a session that highlighted the potential of renewable energy projects and the need for due diligence. It presented a sample of potential sectoral guidelines for renewable energy projects. The presentations were supplemented with a group discussion building on experiences gained with a sectoral guideline approach.
One of the major barriers to ECA support of renewable energy projects is their small scale, making evaluation cost relatively high as compared to larger projects. One solution that is currently practiced is projects bundling. Studies on the impact of projects bundling on project viability and on modalities have been conducted in view of facilitating use of the Clean Development Mechanism under the Kyoto Protocol. The following presentation explores this possibility.
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Related Document Detailed
summary of the Workshop (PDF - 97 KB) |
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On
20 and 21 October 2003 over 60 participants from Export Credit
Agencies, Finance Institutions, Renewable Energy Industry and
NGOs gathered for the 3rd Workshop on the Environment in order
to explore ways to strengthen support of renewable energy technology
projects in developing countries and to exchange experience in
applying environmental screening and assessment procedures.
Building
on discussions started at the 2002 workshop, day one focused on
the risks and business opportunities related to climate change,
and more specifically on opportunities to provide products and
services that favor the support of renewable energy projects and
technologies. Day two dealt with the importance of taking environmental
concerns into consideration in the early stages of business development.