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Investment. Technology. Fossil Fuels. Carbon Credits. Environmental Services. Biomass. IHDP. Industrial Transformation(IT). Project of the International Human Dimensions Programme on Global Environmental Change (IHDP). IT Research Project “Carbon Flows between Eastern & Western Europe”
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Investment Technology Fossil Fuels Carbon Credits Environmental Services Biomass IHDP Industrial Transformation(IT) Project of the International Human Dimensions Programme on Global Environmental Change (IHDP) IT Research Project “Carbon Flows between Eastern & Western Europe” (CFEWE)* “Long Term Strategies and Impacts of Carbon Flow Between Eastern and Western Europe” Major Players Involved in Carbon Flow between Eastern and Western Europe • National and regional government • European Union (EU) • United Nations (UN) and Bretton Woods institutions (World Trade Organization [WTO], International Monetary Fund [IMF], and the World Bank) • Organization for Economic Cooperation and Development (OECD) • International Energy Association • Industry: forestry, agriculture, transport and pulp and paper Energy-Related Flows between Eastern and Western Europe What policies may impact carbon flow between Eastern and Western Europe? • Climate Change • Kyoto Protocol: will it be ratified by enough countries to come into effect? • What will the effect of the European Climate Change Programme (ECCP) be? • Energy Policy • What will be the impact of the liberalization of European energy markets? • How will the European Union impact the security of its energy supply? Through demand-side management? • What will the role of alternative fuels be in the European energy market? What are the medium and long term impacts of carbon flow between Eastern and Western Europe? • Medium Term • In the medium term, the IEA predicts that Total Primary Energy Supply (TPES) in OECD Europe will grow 1% annually (to 2020). • Energy intensity is expected to fall (slowly) in European Union countries. • TPES is predicted to grow in Russia, as will the demand for oil, gas and electricity. • Long Term • In the long term (2050 – 2100) Russia is predicted to become the largest energy consumer in the world. • Western European energy consumption is expected to stabilize, at high levels, with high energy imports and high exports of manufactured goods. • Europe will place high priority on secure supply of energy and on environmental concerns. • IT International Project Office: • Pier Vellinga (chair) • Anna J. Wieczorek (co-ordinator) • Thomas Holmes (assistant co-ordinator) • Els Hunfeld (secretary) • c/o Institute for Environmental Studies (IVM) • De Boelelaan 1115, 1081 HV Amsterdam • The Netherlands • Tel. +31 20 4449504, Fax +31 20 4449553 • vell@geo.vu.nl • anna.j.wieczorek@ivm.vu.nl • http://www.vu.nl/ivm/research/ihdp-it *EU Funded