Mr. Daugaard introduced the overall SETatWork project, including technological and scientific objectives, the project partners in Energy industry, ETS markets, CDM markets. After presenting the Scope of action, the project diagram and the structure chart, Mr. Daugaard highlighted 3 significant activities of the project which are Training of selected European ETS industry sectors, Sustainable Energy Technology Project Identification, and Match-making Events. The intervention at COP 15 (BrightGreen booth) was also pictured.

The SETatWork Website and the online database
SETatWork Project Team: Mr. Nils Daugaard, ECNet, Denmark

Last, he introduced the SETatWork website, a platform where companies can register their details for free, to promote their organization and projects or find partners for future collaboration within key industries. The database maintained by the consortium already contains a large number of companies including technology providers, project developers, industry contacts, etc.

Energy Efficiency Promotion Activities in Thailand
Mr. Krairit Nilkuha, Director General, Department of Alternative Energy Development & Efficiency (DEDE), Ministry of Energy of Thailand

Mr. Nilkuha presented the Energy Conservation Plan 2005-2015 together with the visualization of EE Goals in the Industrial and Commercial Sectors. Then he detailed the Law and Regulations Measures being enforced, notably the Designated Buildings and Factories scheme, the definition of EE Standards and Labeling, and the set-up of the Building Energy Code. Associated Promotion and management measures include the Revolving Fund, the Cooperative Loan Program, Tax incentives (Cost or Performance Based , BOI) and the ESCO Fund.
    Finally he presented some of the instruments to raise awareness of energy conservation: Thailand Energy Awards, Energy conservation network… before summarizing the key success factors, the main barriers and solutions towards a successful energy conservation policy in Thailand.

Mr. Boriboon gave the latest situation of projects being approved by TGO: nearly 100 projects with expected CERs of 6.16 MtCO₂e/yr, but only 2 projects having already issuance of CERs. Then he presented shortly the CDM approval procedure in Thailand, and the Sustainable Development Criteria, before introducing the Crown Standard being developed by TGO – a standard indicating high quality of Thai CDM Projects. After recalling the Transaction Cost to implement CDM project in Thailand, he detailed the Priority and promotion policy by TGO , including Economic Incentives, like Tax privileges, the Thailand Carbon Fund. He emphasized on the CDM Forestry Project which offers large potential for CDM developments in Thailand.
     He finished by providing some indications about the future of Carbon Markets and highlighted the Carbon Aviation target set to 2012 by a new EU Directive.

Mr. Daugaard shortly recalled what is the EU’s Emission Trading Scheme before presenting the SETatWork Need Assessment undertaken by the project partners in Portugal, Italy, Germany, Bulgaria, Slovakia, Poland, Denmark and Sweden. As an illustration, he provided the ranking of topics made in Germany. Then, he detailed the content of training materials (available at www.setatwork.eu) and he finished his European outlook by giving a good practice example: “Walking the Talk” - a booklet on how a number of companies in Denmark have gone about with energy savings and other sustainable measures.
    Regarding SETatWork intervention in CDM markets, he made an overview of the situation in China and India, looking at the CDM status, the needs and opportunities for CDM development, the prospects for EU Stakeholders, and finished with the mention of the upcoming matchmaking events in India (15-16 March 2010) and China (April 2010).
    

Mr. Lefevre presented three good practice cases regarding energy efficiency projects in Thailand: Solar Thermal Heaters at the-Sheraton Hotel, Efficient Chillers-at the Phyathai Hospital, Lighting-Retrofitting at the Asian Institute of Technology (documents also available in the Good Practice section of this website).

Mr. Pant introduced Schneider Electric, a global specialist in energy management as a result of its evolution over 170 years. The company is present in Thailand since 34 years and is also an ESCO company. Then he outlined the Thailand energy dilemma which is to double the Installed Capacity of Electricity by 2021 according to the Power Development Plan (PDP) while having a h igh Carbon Energy Mix (natural gas).
    Actually opportunities are on both the supply side (more efficient and cleaner supply) and demand side (more efficient use, conservation & management). All together, it is estimated that 50% of CO₂ reduction will come from energy efficiency.
    Mr. Pant detailed the potential for savings per sector: industry and infrastructure, data centers and networks, buildings and residential before presenting the cycle methodology for energy savings assessment: (i) energy audit and monitoring, (ii) fixing basic settings, (iii) optimizing through automation, and (iv) monitoring and improving the system.
    Last he introduced EcoStruxure, a brand new active energy management architecture, before highlighting Schneider Electric as a leader in the war on waste with 30% of its global revenue from solutions with energy efficiency features in 2008.

After a presentation of key facts and figures from GDF Suez Group, the focus was on Cofely’s activities: Energy audit, Operation & Maintenance, Energy Performance Contracts, Project management, Centralized production of utilities (District Cooling Systems, Cogeneration & Steam plants, Compressed Air plants, Chilled Water Plants), and Public lighting. Then the “rational use of energy” exercise was carefully detailed, starting from Energy Audit together with the potential for savings. Later the Energy Performance Contract was presented with two case studies (industrial and hotel). And last, energy audits references in South East Asia were provided.

Mr. Supawong first presented Cristopia Energy Systems which started its energy storage technology (STL) since 1982 and is now part of the CIAT Group. Then he looked at the various advantages of the thermal energy storage solution and its various applications for air conditioning, industrial refrigeration and back-up. Among the advantages, a saving of up to 15 % of energy due to a better energy management, notably by the reduction of installed chiller capacity & cooling towers, and the shifting of kWh from day to night.
    Later he carefully reviewed the system specifications including hydraulic schematics before giving examples of measurements. He explained how to optimize the design of systems with Stockaid© software before presenting Cristopia expertise with Cristo Pak, the transfer and storage group and Cristo Control, a remote management system.
    He finished the presentation with a large set of references from many countries and different sectors together with energy saving measurements.

Mr. Yongavinsakul pointed out the interest of natural refrigerants regarding climate change issues. Then he detailed the development criteria for hydrocarbons, looking at their field of application and performance, environmental acceptability, economic aspects and safety. He emphasized on the safety issue by elaborating on the conditions for potential fire or explosion. His conclusion was that the refrigeration industry should adopt procedures and standards to ensure the safe use of the product in the same way it was done by other industries where hydrocarbons are used safely every year throughout the world for cooking, heating, powering vehicles and as aerosol propellants.
    He finished by a large set of hydrocarbon application references in Thailand, giving their energy saving results (ranging from 13.5 to 25.9 %) and payback period (from 10 months to 1.5 year).

Mr. Lefevre reminded the audience about the phasing out of CFCs, HCFCs and eventually HFCs known for their negative environmental impacts. They can be replaced with more efficient and environmentally friendly products such as High Grade Pure Hydrocarbons (HGPHCs).
    He detailed the benefits of Hydrocarbons and their wide range of use as refrigerant, insulation foam blower and propellant. After presenting market projections, he described a proposed project by Asian Green Fluids Co. for manufacturing and supplying Asian countries with HGPHCs. The project engineering was developed by CEERD and the plant should be located at the Eastern Seaboard of Thailand.
    He finished his presentation by providing the potential energy savings and the related GHG reduction for Thailand based on cooling and refrigeration electricity consumption estimates in Industrial, Commercial and Residential sectors: 6,649 GWh per year (5% of total electricity consumption) - a reduction representing 3,384 ktCO₂ per year.

Mr. Kijwatanachai started by giving a classification of hotels together with their energy end use detail and most typical load profile. Then he presented the potential fields of action for energy efficiency developments: reducing losses, improving efficiency, reclaiming heat and recovery, setting up an energy management system. The process should start by a survey of all thermal and electrical equipments, followed by a detailed energy end use report.
    After reviewing the instruments used for equipments audit, he looked at some results from the audit before presenting a large set of energy measures to be implemented in the hotel industry.

Mr. Vechakij first defined the Energy Service Company (ESCO) Service consisting in Investment/Engineering Consulting Service plus a Performance Guaranteed Concept. Then he explained how an Energy Efficiency Project can be tailored through two axes: Complexity of the project and Guarantee on Investment required.
    Later, he detailed the Barriers to invest in Energy Efficiency Project: financial, technical and management barriers which can be removed through ESCO and financing solutions.
    Last, he cited the key success factors for ESCO projects and presented a set of various large and small ESCO projects including cogeneration, heat recovery, energy management system and finally a good practice case from a hotel in Bangkok.

Ms. Rojvithee first reviewed the key challenges for the Green Economy, a number of environmental threats in the past 40 years together with increased energy consumption and GHG emissions, placing Thailand as 24th among the World’s largest GHG emitters.
    Then she described the current policy of the Thai government on natural resources, environment and energy, notably to support sustainable use of alternative energy.
    Later she explained the ILO Initiative for the Green Jobs and provided a definition for Green Jobs before summarizing the main results of the study for Thailand.
    Finally she presented a number of recommendations to promote the green jobs in Thailand, including the establishment of a data base for green jobs, elaborating the definition of green occupations, evaluating the demand and supply in the labor market and orienting green skills training.

After presenting the company’s experience in energy and environment projects and its services (project management and emission credit services), Mr. Prapasawad presented its CDM portfolio per sector together with the list of the 30 Registered projects from Thailand at the UNFCCC (January 2010) which includes 6 projects handled by the company. Then he looked at CDM opportunities in Thailand per sector, recalling the targets set by the Alternative Energy Development Plan (2008-2022) and mentioned the environmental benefits of Hydrocarbons.
    Then he provided a sample case from Waste water treatment for Ethanol plant including investment scheme, technical diagram and financial overview. He added several cases to illustrate the impact from CDM on project’s IRR by type of project.
    After mentioning the practice for carbon finance in Thailand, he detailed the Barriers for CDM projects and project development barriers as well. Last he suggested several measures for removing the barriers, before summarizing all risk factors involved with CDM project development.

Mr. Holm started his presentation by an overview of the CDM status globally and focused on Thailand to show the present situation: 30 projects have been registered with the EB and while 96 Projects obtained a Letter of Acceptance (LoA) from TGO, 78 Projects are at present under validation. He added some comments on the CDM political & investment environment in Thailand before looking at Copenhagen (COP 15) outcomes. Then he detailed CDM project requirements towards registration. He highlighted the need for a reform at the EB referring to an assessment by McKinsey. For example the proportion of CDM projects that are registered without corrections has fallen to 30%! Finally he provided practical information about the CDM process, including a range of prices at each implementation step.
    Looking at potentials and challenges for eligible project types in Thailand, Mr. Holm outlined some opportunities with energy efficiency projects especially with programmatic CDM, and new types of projects like municipal solid waste to energy, fuel switch in the transport sector, industrial district heat and cooling, biomass CHP, wind,… Last, he presented DEM projects portfolio in Thailand (more than 20 projects) and concluded with some interrogations about the future evolution of the carbon market.

Mr. Kanasook first introduced GTZ in Thailand and the CDM operational model set up by GTZ in many non-Annex 1 countries. This end-to-end solution includes project development and emission credits trading assistance, and possibly plain trading (for projects already under development).
    After highlighting the key objectives for SMEs being energy efficient, he presented the results from energy efficiency measures implemented in various agro sectors in Thailand. Then, he detailed the barriers to implement energy efficiency projects.
    He introduced the Thai German Programme for Enterprise Competitiveness (TG-PEC) which consists in the Promotion of Programme of Activities (PoA) to support Thai SMEs for implementing energy efficiency projects. He defined first the PoAs, and gave a reason for their development: the long tail development of CDM with large number of small end-use units (households, small industries…) or dispersed renewable sources (small wind or hydro, solar…).
   He cited as an example the first PoA registered on 31 July 2009: “Cuidemos Mexico” (Smart use of Energy in Mexico) which targets residential lighting through 30 million compact fluorescent lamps (CFLs) being distributed to households.
    Last, he summarized the factors for successful PoAs including the role of Designated Operational Entities (DOE). At present GTZ is partnering with the Department of Industrial Works (DIW) and the Management System Certification Institute (MASCI) to build capacity on energy efficiency and CDM implementation for SMEs.

Mr. Chaichinda started his presentation by an overview of the power supply status in Thailand, showing notably the last high peak demand on April 24, 2009 with 22,044.90 MW which managed a reserve margin of 27%. The T5 promotion plan, a demand side management (DSM) program running from 2008 to 2013 could represent a peak demand saving potential of 1140.7 MW. Then he looked at the electricity consumption by sector and provided the market sales figures for Thailand where Incandescent still accounts for 25 Million units, T8 for 40 Million, CFL for 25 Million and T5 for 0.2 Million. Showing the high efficiency lighting program plan, the potential for T5 compared with the CFL program was highlighted with an energy saving potential of 4842.2 GWh.
    In a second part, Mr. Chaichinda outlined the objectives of the T5 promotion plan:
    (i) to promote the greater use of energy efficient fluorescent lamp T5-28W;
    (ii) to establish a local market of high-standard lighting products;
    (iii) to create energy-saving awareness among Thais.
The plan finally aims to reduce CO₂ emissions from power plants. He detailed in a third part the means used for implementation: direct contact, advertizing, internet and last but not least, demonstration (pilot) projects for retrofitting existing installations. The fourth part included comprehensive case studies from a textile factory, a convenience store at a gas station, an office building and a classroom at Kasetsart University.
    After looking at T5 standards and energy labeling aspects, Mr. Chaichinda concluded with the positive outcomes of the plan which installs a win-win situation for all stakeholders.

Mr. Wannawut introduced Tisco Group, a Thai financial conglomerate with history dating back 40 years integrating bank, securities, and asset management services. The group provides a CDM work force in which Tisco Securities acts as the lead coordinator. Its integrated Carbon services include PDD Advisory, Project Financing, and CERs/VERs Brokerage.
    He presented the evaluation framework for financing CDM Projects before detailing the risks involved with the CDM process and how to mitigate them at the different stages. Then he explained how an Emissions Reduction Purchase Agreement (ERPA) helps bring projects to financial closure by looking at the CDM Project Cash Flow.
    Last, he provided sample terms of several financial arrangements: renewable energy loan, ERPA loan and strategic equity investment.

Mr. Ton started the presentation with a figure of efficacy of global lighting sources adding that 20% of worldwide electricity is used for lighting and most of it is still incandescent-based i.e. the less efficient technology where approximately 90% of the power consumed is emitted as heat, rather than as visible light. Therefore he looked at the options for improving efficacy of incandescent lighting. Similarly, he made an overview of Compact Fluorescent Lamps (CFL) and looked at recent developments before describing Light Emitting Diodes (LEDs) technology and the prospects for its efficacy improvement. He mentioned also Organic LEDs (OLEDs) another promising approach but still in development.
    In a second part, looking at the challenges ahead, he said the future for low-carbon lighting was bright but no single option can yet replace the incandescent lamp. For many consumer and commercial applications, high-efficiency fluorescent remains the most cost effective choice.
    Regarding financing, scaling up remains a challenge: (i) it could be a mismatch between international efforts and goals set by the countries, (ii) regional cooperation is essential to ensure the availability and quality of products needed for large scale programs, and (iii) innovative financing programs could help. In this respect, programmatic CDM is a useful pathway.
    Finally, he mentioned as facilitators, (i) establishing a working group to develop an integrated model for financing EE lighting, and (ii) setting up a public-private CFL Venture Fund and/or Risk Guarantee Facility to scale up CFL implementation.

• SETatWork EU Partners
• Thai Project Owners, Developers
• Suppliers of EE Technologies and Services
• Financing Institutions

Mr. Daugaard introduced the overall SETatWork project, including technological and scientific objectives, the project partners in Energy industry, ETS markets, CDM markets. After presenting the Scope of action, the project diagram and the structure chart, Mr. Daugaard highlighted 3 significant activities of the project which are the Training of selected European ETS industry sectors, Sustainable Energy Technology Project Identification, and Match-making Events. The intervention at COP 15 (BrightGreen booth) was also pictured.

The SETatWork Website and the online database
SETatWork Project Team: Mr. Nils Daugaard, ECNet, Denmark

Last, he introduced the SETatWork website, a platform where companies can register their details for free, to promote their organization and projects or find partners for future collaboration within key industries. The database maintained by the consortium already contains a large number of companies including technology providers, project developers, industry contacts, etc.

Dr. Chaiwat gave the latest situation of projects being approved by TGO : 96 projects with expected CERs of 6.16 MtCO₂e/yr. Then he presented the CDM approval procedure in Thailand, and the Sustainable Development Criteria, before introducing the Crown Standard being developed by TGO – a standard indicating high quality of Thai CDM Projects. After recalling the Transaction Cost to implement CDM project in Thailand, he detailed the Priority and promotion policy by TGO, including Economic Incentives like Tax privileges, the Thailand Carbon Fund.
    He finished by providing some indications about the future of Carbon Markets and highlighted the Carbon Aviation target set to 2012 by a new EU Directive.

Mr. Daugaard shortly recalled what is the EU’s Emission Trading Scheme before presenting the SETatWork Need Assessment undertaken by the project partners in Portugal , Italy , Germany , Bulgaria , Slovakia , Poland , Denmark and Sweden . As an illustration, he provided the ranking of topics made in Germany . Then, he detailed the content of training materials (available at www.setatwork.eu) and he finished his European outlook by giving a good practice example: “Walking the Talk” - a booklet on how a number of companies in Denmark have gone about with energy savings and other sustainable measures.

Regarding SETatWork intervention in CDM markets, he made an overview of the situation in China and India, looking at the CDM status, the needs and opportunities for CDM development, the prospects for EU Stakeholders, and finished with the mention of upcoming matchmaking events in India (15-16 March 2010) and China (April 2010).

Mr. Lefevre presented four good practice cases of renewable energy CDM projects in Thailand: A.T. Biopower Rice Husk Power Project, Dan Chang Bio-Energy (DCB) Cogeneration Project, Korat Waste to Energy (KWTE) Project and Chumporn applied biogas technology for advanced wastewater management in the palm oil industry. Among them, two already cashed their first issuance of CERs.

After detailed considerations on Photovoltaic (PV) applications and project development process, Mr. Gaefke’s presentation focused on the key risk factors and mitigation strategies for PV projects in Thailand. He ended the first part of his presentation with two power solar PV plant cases.
    In a second part, he looked at wind power: after the wind potential of Thailand he detailed the characteristics of small wind systems, then, he assessed business potential for small wind turbines and hybrid systems. Coming to large scale wind systems, he explained the technical advances and the remaining challenges for using bigger turbines. He also looked at grid related challenges before telling what lessons were learned in Thailand. He finished his presentation by giving different wind case samples.

EM Group is the current in-house consultant appointed by the Department of Alternative Energy Development & Efficiency (DEDE) - Ministry of Energy, to support the promotion of biogas technologies in Thailand. See www.thaibiogas.com

Mr. Chewasatn started his presentation by a short overview of the Government Energy Policy, notably the Alternative Energy Development Plan (AEDP) which sets a target for alternative energy of 20% of final energy by 2020, including 4.1% for bio-fuels.
    He detailed the technology for fuel ethanol production and added current directions for R&D. Regarding biodiesel, he described the production process and highlighted the value added of co-products. After looking at the key developments for upgrading the quality of biodiesel fuels, he detailed the current directions for R&D.
    In a next part, he looked at Biomass to Liquid fuel production technology and outlined the current directions for R&D.
    Then he cited R&D institutions, both national and international involved with biofuel development in Thailand before concluding on the contribution of biofuels to economic growth, GHG mitigation and to establish a green community model from the foundation.

Ms. Rojvithee first reviewed the key challenges for the Green Economy, a number of environmental threats in the past 40 years together with increased energy consumption and GHG emissions, placing Thailand as 24th among the World’s largest GHG emitters.
    Then she described the current policy of the Thai government on natural resources, environment and energy, notably to support sustainable use of alternative energy.
    Later she explained the ILO Initiative for the Green Jobs and provided a definition for Green Jobs before summarizing the main results of the study for Thailand.
    Finally she presented a number of recommendations to promote the green jobs in Thailand, including the establishment of a data base for green jobs, elaborating the definition of green occupations, evaluating the demand and supply in the labor market and orienting green skills training.

After an overview of the Palm Oil Industry in Thailand, notably with increasing plantation area (estimated 10 Million tons of Fresh Fruit Bunch (FFB) in 2010), and 80% of plantations being of small farms, Mr. Chavananand outlined that Thailand is likely to be a sustainable palm oil producer. Then, starting from FFB he detailed the Palm oil mill Production process and its Waste residues, before explaining how a Palm oil mill can be involved in CDM: (i) by methane avoidance (waste water treatment, solid waste handling); (ii) by renewable energy production (grid replacement from biogas and biomass); and, (iii) by optimizing Energy utilization at the mill (energy efficiency improvement).
    Assuming a FFB production of 12 Million tons per year, he made a simple calculation of the CDM potential, finding that CERs could reach 2,120,000 tCO₂e per year based on its project experience at Vichitbhan Palm Oil Mills.

After mentioning reference studies on Methane Biogas from Palm Oil Mill Effluent (POME), Mr. Clendon recalled 3 incentives for methane capture: CERs generation, Very Small Power Producer (VSPP) “Price adder” incentives, Roundtable on Sustainable Palm Oil (RSPO) certification. He detailed the 3 CDM projects at Univanich commissioned in 2007, 2008 and 2009, which represent a total generation capacity of 5.7 Megawatts and a total capital investment of US$ 6.7 million. Then he summarised the projects performance and CDM current status with estimated CERs of respectively 21 kt, 28 kt and 40 k tCO₂e per year.
    He concluded by saying that the technologies used were achieving the targets (modified covered lagoon technology (CIGAR), biological scrubbers, gas engines), but CDM objectives have not yet been met because of slow and difficult approval processes, notably with the ERPA partner in the 1st project. However the 2nd and 3rd projects were successfully registered with Gold Standard Certification. Finally, he outlined that environmental and sustainability objectives have been achieved with a large reduction of GHG emissions, fossil fuel switch to renewables, waste water treatment, improved efficiency in the factory processes, and new skilled jobs created in the rural communities.

Mr. Kanasook first introduced GTZ in Thailand and the CDM operational model set up by GTZ in many non-Annex 1 countries. This end-to-end solution includes project development and emission credits trading assistance, and possibly plain trading (for projects already under development).
    After mentioning the sources and application of renewable energy and recalling the benefits of using it, he presented renewable energy projects in various sectors in Thailand . Then, he detailed the barriers to implement renewable energy projects.
   He introduced the Thai German Programme for Enterprise Competitiveness (TG-PEC) which consists in the Promotion of Programme of Activities (PoA) to support Thai SMEs in the agro-industry for eco-efficiency and utilisation of renewable energy. He defined first the PoAs, and gave a reason for their development: the long tail development of CDM with large number of small end-use units (households, small industries,…) or dispersed renewable sources (small wind or hydro, solar,…).
    He cited as an example the first PoA registered on 31 July 2009 : “Cuidemos Mexico” (Smart use of Energy in Mexico) which targets residential lighting through 30 million compact fluorescent lamps (CFLs) being distributed to households.
    Last, he summarized the factors for successful PoAs including the role of Designated Operational Entities (DOE). At present GTZ is partnering with the Department of Industrial Works (DIW) and the Management System Certification Institute (MASCI) to build capacity on renewable energy development and CDM implementation for SMEs.

Mr. U-nontakarn started its presentation with the definitions of “bundling” and “de-bundling” before looking at the general bundling principles, especially for small scale projects (SSC). Then he presented the bundling project cycle and its documentation together with the indicative costs of a typical CDM project. After describing the parties involved in a bundling project, he cited the advantages of bundling projects and finished with opportunities for Thailand, notably with energy efficiency and renewable energy projects.
    The second part of its presentation was a detailed Case Study of a Biomass bundling project in Thailand made with 3 components: (i) Switching from residual fuel oil (RFO) to biomass; (ii) Biomass cogeneration for onsite thermal energy use and grid connected electricity generation; and (iii) Biomass gasification for onsite thermal energy use. In total thermal and electricity generation capacity being 18.6 MWth, is under the 45 MWth cap for small scale methodology. He provided another example with the bundling of high efficiency chillers.
    He concluded with the review of the challenges a bundling project needs to overcome.

Mr. Arensberg reviewed Waste to Energy Project prospects in SEA which included advices to foreign entrepreneurs willing to expand their activity in the region. He first warned about the competitiveness of local companies compared with companies from abroad, before detailing the specific advantages of SEA to developing biomass or biogas projects. He added insights into feedstock trends, market drivers and project financing options before looking at the specific situation of SEA countries.
    Finally he developed sustainability and business model issues and finished his presentation with advices for business development in the region.

Mr. Besselink started his presentation with a broad review of low carbon and climate resilient societies development issues before detailing UNDP’s activities in environmental finance. Then he looked more in detail at the Millenium Development Goal Carbon Facility ( MDG CF) which Phase I was launched in June 2007. The MDG CF is a “one-stop-shop” mechanism where (i) UNDP provides technical assistance, on a cost recovery basis, to projects and, (ii) a financial partner purchases the credits generated by these projects. He added the example of the Rwanda Clean Water CDM Project, before looking ahead at the starting Phase II of the facility.
    Later, he presented the Global Environment Facility (GEF) and its interventions which include currently 71 climate mitigation market transformation projects in Asia/Pacific. He gave the example of Malaysia Building Integrated Photovoltaic (BIPV) Project before detailing the strategic objectives drafted in GEF 5 on Climate Change mitigation.
    Finally, he explained how the sequencing of funds (GEF, CDM, etc.) can support the development of carbon markets.

Mr. Navarro first explained how the Private Financing Advisory Network (PFAN), a multilateral initiative, was positioned in the market to connecting clean energy businesses with financing. He added its differentiation resulted from of its local knowledge (in-country teams) and its leverage potential (1.2B USD in development pipeline).
    He provided the example of ASEA One Power Corp., the largest biomass power plant in the Philippines before announcing the Asia Forum for Clean Energy Financing (AFCEF) being held in Bangkok on March 4th, 2010 and open to Investors and Project developers.

• SETatWork EU Partners
• Thai Project Owners, Developers
• Suppliers of Technologies
• Financing Institutions

Business to Business (B2B) Exhibition Booth (54 sqm) with 10 meeting tables at the Exhibition Hall