09.00

• How are the EU ETS, JI & CDM markets developing both globally and regionally?
• What is the timetable?
• Addressing sectoral coverage
• Distribution and banking of allowances
• EU ETS and its implications on the industrial economy of Europe
• What are the impacts in the CEE region?
• What defines the price of carbon and uncertainty about the future price of carbon
• What are the market trends and outlook?
• What are the opportunities?
• Linkages and project mechanisms

Session hosted by:
Vladyslav Zhezherin, Analyst, Point Carbon

• How are the new EU CEE states trading in the EU-ETS?
• Actual experiences of emissions trading
• The cost of emission reductions
• The implications on competitiveness of sectors and firms
• The development of new technologies and efficiency opportunities
• The evolution of NAP2 and why CE countries expect generous allocation

• How are the Kyoto mechanisms working throughout the region?
• What are the Policy and regulatory developments?
• What is the degree and speed with which this mechanism may impact on demand for allowances within the EU-ETS going forward?
• JI and AAU markets in CEE
• JI Institutional progress and AAU trading updates

Session hosted by:
Wolfgang Diernhofer, Team Leader, JI/CDM, KommunalKredit Public Consulting

• Project determination
• Successful PDD and baseline development
• Host Country approval
• Validation
• ERU verification

Session hosted by:
Michael Berends, Project Manager, EcoSecurities

• The contract stage
• Validation and verification
• Insight into JI projects beyond the ERPA

Session hosted by:
Zsolt Lengyel, Carboncredits.nl – SenterNovem &
Michael Rumberg, TUV-SUD

• Overview of who is doing what now
• What is greening really, what should it be?
• What would it take to get AAU trading going, seriously

Session hosted by:
James Atkins, Chairman, Vertis Environmental Finance Hungary

• Market Overview Introduction
• Project based Credits vs. EU Allowances
• Emissions Trading and Investment Decisions
• Carbon Risk Strategy

Session hosted by::
Dr. Armin Sandhoevel, Head Carbon Risk/Reputational Risk, Dresdner Bank AG, Head Allianz Climate Core Group and Chairman UNEP FI Climate Change Group
Ingo Ramming, Managing Director, Derivative Structuring and New Product Development, Dresdner Kleinwort
Markus Hüwener, Managing Director, 3C Climate Change Consulting

Partners

Register

Radisson SAS Beke Hotel, Budapest
Terez krt. 43, H-1067 Budapest
Hungary
Tel: + 36 1 889 3900

Registered delegates, speakers and press will be sent accommodation booking forms for reduced rate accommodation at the Radisson SAS.