Country:Latvia
Year:2009 (July 18th)
Policy status:In Force
Jurisdiction:National
Date Effective:2009 (July 18th)
Policy Type:Economic Instruments>Direct investment, Research, Development and Deployment (RD&D)
Policy Target:Framework/ Multi-sectoral Policy, Energy Sector>Electricity Generation>Renewable, Buildings
Agency:Latvian Environmental Investment Fund, Ministry of Environment
URL:http://www.lvif.gov.lv/?object_id=299&l=2
Legal References:The Law "On Participation of the Republic of Latvia in the Flexible Mechanisms of the Kyoto Protocol"; Cabinet Regulation No.644 of 25 June 2009 "Procedures for Implementation of Projects Financed by the Climate Change Financial Instrument, the Submission and Examination of Reports Thereof"
Funding:The financing of the Tender is formed by the Proceeds from the Assigned Amount Units Purchase Agreements which are made within the international emissions trading under the Kyoto Protocol.
Description:

The Climate change financial instrument (CCFI) aims to: prevent global climate change, adapt to the effects of climate change and contribute to the reduction of greenhouse gas emissions through activities such as improving the energy performance in buildings and increasing the use of renewable energy resources.

The instrument is financed by the proceeds from the Assigned Amount Units Purchase Agreements which are made within the international emissions trading under the Kyoto Protocol. Several tenders for renewable energy procument have ben financed by the CCFI.

Last modified: Mon, 22 Jul 2013 12:54:02 CEST