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Publikācija: Analysis of Green Investment Scheme for Energy Efficiency Measures in Latvia

Publication Type Full-text conference paper published in other conference proceedings
Funding for basic activity Unknown
Defending: ,
Publication language English (en)
Title in original language Analysis of Green Investment Scheme for Energy Efficiency Measures in Latvia
Field of research 2. Engineering and technology
Sub-field of research 2.7 Environmental engineering and energetics
Authors Marika Rošā
Andra Blumberga
Gatis Žogla
Dagnija Blumberga
Keywords energy efficiency in buildings, emission trading, greenhouse gas emissions, hot air
Abstract Latvia has an unprecedented opportunity to be first country in the world to sell assigned amount units under Article 17 of the Kyoto Protocol – International Emissions Trading. Negotiations are ongoing with a number of buyers for pilot transactions with a cumulative volume of 8-10 million assigned amount units (AAUs) out of 40 million AAUs earmarked by Latvia’s Government for total sales. Signed agreements are expected in 2009. Latvia’s Government has indicated their interest in exploring options to sell the full volume of available AAUs by the end of 2012. The main goal of these activities is ‘greening’ – increase the market value of Latvia’s AAUs and alleviate buyers concerns regarding the environmental integrity of transactions. The Government of Latvia has agreed to ‘green’ the transaction and channel the revenues to projects or programs with environmental benefits. The Ministry of Environment, representing the Government has indicated its interest to buyers in pursuing greening during the pilot transaction in the following areas: biomass and biogas heating, energy efficiency improvements in public sector buildings and residential buildings. Pilot transactions will be followed by other transactions for other renewable energy sources. All activities are covered by Latvia’s Climate Change Financial Instrument (CCFI). This article focuses solely on programs related to energy efficiency in buildings.
Reference Rošā, M., Blumberga, A., Žogla, G., Blumberga, D. Analysis of Green Investment Scheme for Energy Efficiency Measures in Latvia. In: Climate2009, Germany, Hamburg, 2-6 November, 2009. Hamburg: Research and Transfer Centre "Applications of Life Sciences" of the Hamburg University of Applied Sciences, 2009, pp.105-119.
ID 6196