Green investment schemes

Green investment scheme means that the revenues, gained from trading the permissible emission allowance, as provided by Article 17 of the Kyoto Protocol, will be channelled into environmentally sound projects or programmes.
 

The Ministry of Economic Affairs and Communications co-ordinates the trade in permissible emission allowance. In Estonia, the Ministry of Environment is responsible for the co-ordination and implementation of CO2 quota sales agreements.

The Minister of Economic Affairs and Communications is the user of revenues, received from five CO2 quota sales agreements, and also implements eight green schemes:

  • Support scheme for renovation of apartment houses;
    Private house renovation support
    Contract of sale for CO2 allowance with the Grand Duchy of Luxembourg
    The schemes are implemented by KredEx Foundation. 
    Further information »
  • Wind energy investment support
    Contact of sale I for O2 allowance with the Kingdom of Spain.
    The scheme is implemented by the foundation Environmental Investment Centre.
    Further information »

  • Promotion of the use of public transport

     
    Promotion of the use of alternative fuels in municipal public transport
    Contract of sale II for CO2 allowance with the Kingdom of Spain.
    The scheme is implemented by the Estonian Road Administration.
    Further information »
  • Promotion of electric public transport in Tallinn

    Contract of sale II for CO2 allowance with the Kingdom of Spain. 
    The scheme is implemented by Tallinna Linnatranspordi AS.
    Further information »

  • Electric mobility programme (ELMO) 
    Contract of sale for CO2 allowance with Mitsubishi Corporationiga
    The scheme is implemented by Foundation KredEx.
    Further information »

  • Programme for the reconstruction of external lighting in towns
    Contract of sale for COallowance with Repiblic of Austria
    The scheme is implemented by the foundation Environmental Investment Centre.
    Further information »

 

Last updated: 28 May 2014