The Seminar on Linking the Kyoto Project-Based Mechanisms with the European Union Emissions Trading Scheme (EU ETS) took place from 15-16 September 2005, in Vienna, Austria. The Seminar was organized by the United Nations Industrial Development Organization (UNIDO), in cooperation with UK Trade and Investment and the Government of Hungary. The seminar was convened to provide a forum for business and industry to advance their understanding of emissions trading within the EU and its linkages with the project-based mechanisms of the UN Framework Convention on Climate Change’s Kyoto Protocol, namely Joint Implementation (JI) and the Clean Development Mechanism (CDM).
The two-day event featured 40 speakers and more than 200 participants, with panel presentations followed by question-and-answer sessions, and included representatives of governments, business, industry, international and intergovernmental organizations, academia, research institutes and non-governmental organizations.
The sessions explored the current state of the EU carbon market and the possibility for linkages with JI and CDM. Key issues addressed include the status and prospects of EU ETS from regulatory and market perspectives including options and strategies to meet compliance obligations; the status of the EU market infrastructure, including monitoring and reporting, registries, transaction logs, and trading exchanges; and perspectives for the post-2008 period.
The seminar provided a valuable networking and knowledge-sharing opportunity for business, industry, government experts and other stakeholders involved in the implementation of the EU ETS, in emission trading and in the project-based mechanisms of the Kyoto Protocol. More.