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Objectives
The main objective of the project is to perform
the necessary work to secure financing for three to
six commercially viable coal mine methane projects
in the Central and South-Eastern Europe and Commonwealth
of Independent States (CIS). The project will commence in autumn
2005 and it will be carried over a period of three
years.
Year One. In the first year of the project the experts shall identify one to two projects in the Russian Federation with good prospects for securing financing, following which assistance will be given to the coal operators and project developers to package their projects into bankable investments. This shall take place in consultation with the EE21 officials and representatives of the investment funds directly affiliated with the EE21 at UNECE's headquarters in Geneva and during missions to the Russian Federation.
Year
Two. The same process as in year one shall be
undertaken to advance one to two projects in Kazakhstan
to obtain financing.
The approach shall be modified to take into
account lessons learned from the first year of the
project.
Year Three. The projects will be
identified and supported from other countries in the
Region, with the expectation of securing financing for
one-two projects. Support
shall be provided for participation of experts from the
region who have secured financing to attend a major
international conference (as yet to be determined) to
convey the lessons learned to the international methane
mitigation community.
Schedule
A detailed work plan schedule can be accessed here
Benefits
The
main benefits the project aims to achieve are:
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Greenhouse Gas Reductions |
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Creating Investment Opportunities and Economic Development in Economies in Transition |
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Local environmental benefits |
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Coal mine safety benefits |
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Increased coal productivity, ventilation power cost savings and reduced development costs |
Documentation
To facilitate project identification for further technical assistance, the UNECE had developed tools to assist potential project sponsors. These tools can be used by project sponsors for their own internal purposes or to provide notice of interest to the UNECE and potential investors of a sponsor's interest in attracting investment. Those submitting a completed Project Identification Form to the UNECE should note that any completed forms received will be posted to the internet in the interest of ensuring an open and transparent process.
Project Identification Forms
Workshops
31 January 2006, Geneva, Switzerland
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