Japan Carbon Fund (Jcf)

JAPAN CARBON F INANCE, Ltd. (JCF) Project Information Note (PIN)

1. Japan Carbon Finance, Ltd. (JCF), has been established as of December, 1st 2004, jointly by several private Japanese companies and two governmental financial institutions, that is, Japan Bank for International Cooperation (JBIC) and Development Bank of Japan (DBJ). 2. The objective of JCF is to select projects potentially eligible for Clean Development Mechanism (CDM) and Joint Implementation (JI) and to obtain emission reductions of good quality from among selected CDM/JI projects for its investors. 3. Prior to selection of CDM/JI projects, JCF requests project participants to submit Project Information Note (PIN) using the attached template. The template consists of the following six sections. While every effort should be made to provide as complete and extensive information as possible, it is requested that project participants keep the document compact and avoid writing more than 10 pages in total, in order to facilitate JCF selection procedure. Participants may, after consideration its influence on project selection, state “N/A” for information unidentified at the stage of PIN preparation. A. Basic Information - name and location of project and project participants, etc. - attached form to be filled out for each of the project participant B. Project Characteristics - scale, sector and applied methodology of project - brief description of project, etc. C. Greenhouse Gas (GHG) Emission Reduction (ER) - anticipated type, amount and schedule of GHG ERs - basic concept of how baseline scenario was considered, etc. D. Expected Schedule and Host Country Approval Procedure - schedule through pre-investment and project implementation stages - host country approval procedure, etc. E. Contribution to Sustainable Development - environmental impacts - socio-economic impacts, etc. F. Finance - project cost estimate and breakdown - source of financing including equity, debt and carbon finance, etc. (end page) JCF PIN Template A. Basic Information PIN Submission Date

Project Name

Location(Country, Region, State / Prefecture, City, Village, etc.) and Situtation of Surrounding Area Commitment from (please describe) Project Sponsor / Responsible Entity to conduct CDM/JI project Project Participants Name of Participant (*) Function in Project (expected to be (underline name of participants holding (Owner/Sponsor, Developer, etc.) specified in Project an account in the national registry Design Document. established by the Government of Japan) In case to be elaborated in the future, specify who or what kind of participants are expected to join. Credits are not necessarily distributed to all participants) (*) Detailed information of each participant to be filled in attached form (end page) B. Project Characteristics Scale of Project □ General □ Small Scale using indicative methodology (for CDM Projects) □ Small Scale without indicative methodology □ Bundling Option Considered Scope / Sector Scope No. (If CDM, please specify Name and Number of Scope as listed on (indicate Scope No. UNFCCC website http://cdm.unfccc.int/DOE/scopes.html ) and check the box of relevant □Renewable □Energy □Fuel □Fugitive sector) Energy Efficiency Switching □Chemical □Transport □Waste □Land Use / Industry Management Forestry □Others (please specify):

[note] For LULUCF project, please consult JCF in advance

Brief Description Brief Description (objective, proposed Present activities, applied Situation at technology, etc.) Project Site and Objective

Proposed Activities

Applied Technology

Other Information

(end page) C.Greenhouse Gas (GHG) Emission Reduction (ER) (1) Major ❏ CO2 ❏ CH4 ❏ N2O GHG Abated ❏ HFCs (HFC ) ❏ PFCs (PFC ) ❏ SF6 Estimated Amount Crediting Period Start Year – End Year Total Proposed Sales of GHG Abated Reductions to JCF (in metric tons of Total ( ) – ( ) CO2 equivalent: Breakdown tCO2e) Fixed Period (max 10 yrs) ( ) – ( )

Renewable Periods 1st period (max 7 yrs) ( ) – ( ) 2nd period (max 7 yrs) ( ) – ( ) 3rd period (max 7 yrs) ( ) – ( ) Average Annual ( ) – ( ) Reduction (tCO2e/yr) (tCO2e/yr) (Fixed or 1st Period) Methodology ❏ (check box for either Approved ❏ Approved or New) Submitted and approved (ID number: AM and/or NM ) ❏ Use of existing approved methodology (ID number: AM ) ❏ Use of existing indicative methodology for small scale CDM (methodology identification number: )

❏ New ❏ Submitted and under consideration by the Meth Panel/CDM EB ❏ Under preparation

If CDM, Please specify Name and No. of Methodology Applied as listed on UNFCCC Website http://cdm.unfccc.int/methodologies.

(end page) C.Greenhouse Gas (GHG) Emission Reduction (ER) (2)

Outline of Baseline Brief Description Scenario Description of the baseline scenario. Rationale why the project delivers “additional” reductions (logical explanation)

Potential scenarios used in the screening process to identify the unique baseline scenario

What can be presented as evidences to justify why the above logic can be applied (not necessarily to open for public through PDD)

Key factor and associated uncertainties (except those relative to Russia’s ratification and overall effectuation of Kyoto Protocol )

(end page) D. Expected Schedule and Host Country Approval Procedure Summary Year Key Procedures and Events Timeline (please specify detail in matrix below)

(matrix for detailed information) Pre-Investment Procedure (please change as necessary) Present Status Month / Yr * Procedure Pre-Feasibility Study (Project Related) Feasibility Study Environmental Impact Assessment Social Impact Assessment Stakeholder Consultation Pre-Investment Designated Operational (please specify name of DOE responsible for Procedure Entity (DOE) for Validation methodology / validation and state whether the OE is (CDM/JI Related) Purposes already designated or still an applicant):

Procedure (please change as necessary) Present Status Month / Yr * (New Methodology Approval) Project Design Document Validation Registration ER Purchase Agreement w/ JCF Host Country Designated National □Identified (please specify): Approval Procedure Authority (DNA) □ Unidentified (please specify agencies with alternative (project approval, function, if any) : approval as Procedure Agency in Charge Present Status Month / Yr * CDM/JI, etc.)

Implementation Procedure (please change as necessary) Present Status Month / Yr * Schedule Start of Construction Start of Operation Start of Crediting Period First Verification First Certification * Actual and Expected Month and Year (end page) E. Contribution to Sustainable Development

Environmental Brief Description Impacts Law, Regulation, Guideline Applied

Regional Benefits

Potential Negative Impacts and Mitigation Measures

Socio-economic Brief Description Impacts Law, Regulation, Guideline Applied

Direct Benefits

Other Benefits

Potential Negative Impacts and Mitigation Measures

Technology Transfer Effects

(end page) F. Finance Project Cost Estimate Item (please change as necessary) Amount in Million US $ Preparation Equipment and Materials Civil Works Other Expenses Total Project Cost Estimated Item (specify revenue item) Amount in Million US $ Revenue after Operation Source of Finance Item (specify name of organization, underline Amount in Million US $ (check box if already if public funding entity) arranged) Equity □ Debt □ Unidentified JCF contribution in upfront payments if desired (mention the discount factor assumed for upfront payment for the project) Sources of Carbon (specify source of potential ER co-purchase, such as Fund, if any, along with its purchase Finance condition such as amount and price)

Indicative ER Price (US$ / tCO2e) Total ER Value Crediting Period Start Year-End Year Total Abated Sales to JCF (in Million US $) Total ( ) – ( ) Breakdown Fixed Period ( ) – ( ) (max 10 yrs) Renewable Period ( ) – ( ) 1st period (max 7yrs) ( ) – ( ) 2nd period (max 7yrs) ( ) – ( ) 3rd period (max 7yrs) Forecast Financial With ER Revenues Internal Rate of Return Without ER Revenues (end page) (Attachment) Project Participant Information Form General Information Name of Participant Organizational Government / Government agency / Municipality / Private company / Category Non Governmental Organization (mention what is applicable)

Country in which the Participant is Established

Country in which the Participant holds ER Account (if any) Main Activities

Summary of Financials (total assets, revenues, profit, etc.) Contact Information Contact Person And Position Address Telephone Fax E-mail Web Adress Project Related Information Function in Project

Summary of Experience in Relevant Project

(end page)