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Austrian CDM-Workshop in Kuala Lumpur

Austrian CDM-Workshop ©


11. July 2008

Austrian Trade Kuala Lumpur will be organising a CDM Workshop on the 31st July, 2008,
2 p.m. – 5 p.m. at Renaissance Kuala Lumpur Hotel, Corner Jalan Sultan Ismail/Jalan Ampang.

Two Austrian speakers, Mrs. Schaumann and Mr. Eichberger of Kommunalkredit Public Consulting GmbH, will be presenting the Austrian CDM program under the Kyoto Protocol.

Pure Nature © Kaucke

© Kaucke

Protecting the environment has been a major policy target for many decades in Austria . Realizing its importance Austria co-signed the Kyoto-protocol and appointed Kommunalkredit Public Consulting (KPC) for the Joint Implementation (JI) and Clean Development Mechanism (CDM) program management on behalf of the Austrian Ministry of Agriculture and Forestry, Environment & Water Management .

The Austrian JI/CDM program ’s primary objective is the contribution to the achievement of the Austrian greenhouse gas reduction commitment by
- purchasing emission reduction credits generated by environmental projects, which lead to an avoidance or reduction of greenhouse gas emissions, and
- funding of particular immaterial services required with respect to JI or CDM projects, such as baseline studies and validation.

Project owners can benefit from the additional revenue resulting from the sale of emission reduction credits generated by their projects.
Under the Kyoto Protocol, Clean Development Mechanism (CDM) is an arrangement that allows industrialised countries with a greenhouse gas reduction commitment to finance projects in developing countries that reduce emissions at a much lower global cost, thereby helping companies in these countries to finance environmentally friendly investments.

The two speakers from KPC will present
· -The Austrian JI/CDM Programme
· -Contribution of CDM to project financing & project examples

The seminar is organised in cooperation with the Ministry of National Resources and Environment, the Malaysian Energy Centre and the Federation of Malaysian Manufacturers.

If you are interested do not hesitate to contact Austrian Trade .