Time: Thursday, May 11st 2006 from 3pm to 6pm followed by a reception
Location: Blauer Salon, Hall 3 (just opposite of Carbon Expo Hall)

GTZ has the pleasure to invite all attendees of the Cologne Carbon Expo to this event.

Pakistan's Environment Ministry and Alternative Energy Development Board present Pakistan's emerging renewable energy policy, wind energy expansion plans and incentive structures for the promotion of wind energy investments.

Key element of the incentive structure is a regulation that allows the central power purchaser to negotiate preferential wind power tariffs and recover incremental costs from power consumers.

In this scenario, the preferential tariff, together with other benefits, provide sufficient commercial incentive for investment (excluding the value of carbon credits).

Supported by German carbon-advisory 500 PPM GmbH, the Government of Pakistan contemplates an innovative use of the CDM that would transfer CER to the central power purchaser for on-selling into the international carbon market, thus reducing transaction costs, investor risks and increasing the value of CER for international carbon buyers.

Two international carbon buyers and one wind power investor will present their view on this proposed arrangement, followed by discussion with the audience.