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Regulation No. 14 of 2011 of Minister of Finance of Estonia on Conditions and Procedure for the Use of Funds Obtained from the Second Agreement Between the Republic of Estonia and Sumitomo Corporation

Country/Territory
Estonia
Document type
Regulation
Date
2011 (2013)
Source
FAO, FAOLEX
Subject
Air & atmosphere
Keyword
Climate change Emissions Emissions trading Special fund
Geographical area
Europe, Europe and Central Asia, European Union Countries, Northern Europe
Abstract

This Regulation provides on the basis of the Government Emissions Trading Agreement entered into pursuant to Government of the Republic Order No. 21 of 20 January 2011 “Authorization to Sign Second Emissions Trading Agreement and Use of Financial Resources” pursuant to Article 17 of the Kyoto Protocol between the Republic of Estonia and Sumitomo Corporation the conditions and procedure for the use of the funds received for the implementation of investments in reducing the energy consumption of buildings used by local governments and private legal entities under their direct or indirect influence and private legal entities under the control of the state. Under the Green Investment Scheme, support shall be granted for the purpose of making investments in the buildings listed in Annexes 1 and 2 to this Regulation that reduce energy consumption. The Regulation consists of six chapters: General provisions (1); Grounds for granting the grant (2); Organization of the grant (3); Rights of the Ministry and obligations of the beneficiary (4); Payment of the grant and reports (5); and Implementing provisions (6).

Full text
Estonian
Website
www.riigiteataja.ee