Development of the National Registries for GHG in the Czech Republic

1
Development of the National Registries for GHG in
the Czech Republic

• IREAS, Institute for Structural Policy
• Bonn, June 7, 2003
• Eva Snajdrova

2
Objectives

• Give an overall picture of the current situation
  with registry in the Czech Republic
• Analyse various options for compiling registry

3
Steps

1. UNFCCC requirements
2. Description of the existing national registry
   systems in the CR
3. Describing the existing registry system in the
   financial area
4. Analysis of suitability ? recommendations
5. Implications for other EIT countries

4
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

5
UNFCCC requirements

• Summary
• Basic information

6
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)

7
Energy statistics

• Background description history, position
• Description structure, data, system of
  questionnaires
• Experience with performed surveys
• Proposal of the reporting form

8
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

9
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

10
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

11
RM-Systém, a.s.

• Fully electronic off-exchange securities market
• Provides the final settlement
• Participants based
• Pre-validation tool
• Real time settlement
• Outsourcing to PVT, a.s.
• Technical and data security

12
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

13
Conclusion
14
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

15
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

16
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

17
Lessons learned

• Reliability of data
• Availability of data
• Registry design issues use existing sources
• Standard questionnaires for data collection

18
Contact

• Eva Snajdrova
• snajdrova_at_ireas.cz, esnajdrova_at_natsource.com
• ireas_at_ireas.cz