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Development of the National Registries for GHG in the Czech Republic. IREAS, Institute for Structural Policy Bonn, June 7, 2003 Eva Snajdrova. Objectives. Give an overall picture of the current situation with registry in the Czech Republic Analyse various options for compiling registry.
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Development of the National Registries for GHG in the Czech Republic IREAS, Institute for Structural Policy Bonn, June 7, 2003 Eva Snajdrova
Objectives • Give an overall picture of the current situation with registry in the Czech Republic • Analyse various options for compiling registry
Steps • UNFCCC requirements • Description of the existing national registry systems in the CR • Describing the existing registry system in the financial area • Analysis of suitability recommendations • Implications for other EIT countries
Team • IREAS, Institute for Structural Policy • In co-operation with experts from financial area • Consultations: • Czech Hydrometeorological Institute • Ministry of Environment • Ministry of Industry and Trade
UNFCCC requirements • Summary • Basic information
REZZORegister of Emissions and Air Pollution • Background description – history, position… • Description – structure, data • Detailed description of REZZO 1 and 2 • Conclusion which info can be used x data confidentiality • Description of CO2 calculation (IPCC)
Energy statistics • Background description – history, position… • Description – structure, data, system of questionnaires • Experience with performed surveys • Proposal of the reporting form
Financial market • SCP – keeps the Register of dematerialised securities • PVT, a.s. – ICT company • Data processing + supporting services for SCP and RM-S • RM-System, a.s. – electronic off-exchange securities market • Final settlement, pre-validation tool, real-time settlement
Securities Centre (SCP) • Founded in 1993 by the MF • Aim – support development of capital markets • Register of dematerialised securities • Types of securities • Owner of securities • Data protection • State guarantee and compensation • Providing information
PVT, a.s. • Biggest ICT company in CR • Data processing + supporting services for SCP and RM-S • Sophisticated technologies and computer network • Over 10 years of experience • Skilled human capital
RM-Systém, a.s. • Fully electronic off-exchange securities market • Provides the final settlement • Participant’s based • Pre-validation tool • Real time settlement • Outsourcing to PVT, a.s. • Technical and data security
Technical issues • Principles of communication – asymmetric cryptography, Internet x direct line • Authorisation • Digitally signed messages • Confidentiality of data • Auditing and data integrity • Proposed technologies • Topology
advantages disadvantages REZZO - data about technologies (not only combustion of fuels) - data about combustion technology (type of combustion process) - experience with emissions - all potential sources included (REZZO 1 and REZZO 2) - relatively old data - data processing necessary Statistical system - more recent data (but not detailed enough) - data processing (electronically) - connection with central statistics - different systems for different fuels - no experience with emissions - technological information (not included) Conclusion
Conclusion 2 • Financial system was not developed to serve this specific market • None of the system can serve as a GHG registry on its own
Analysis • ISO standard • Reporting form • Legal status • State run, stock company, sell some % of shares • Outsourcing to PVT, a.s.–technical background • RM-System, a.s. – trade + settlement • State supervision • Schematic description of different tasks conducted by registry
Next steps • Common reporting form • Legal act • collecting data related to GHG emissions • allow “working” with individual data • Setting up registries • Link: inventory – registry • Closer co-operation with individual entities – quality and availability of data • Setting a system for ET – legal and technical issues
Lessons learned • Reliability of data • Availability of data • Registry design issues – use existing sources • Standard questionnaires for data collection
Contact Eva Snajdrova snajdrova@ireas.cz, esnajdrova@natsource.com ireas@ireas.cz