Application of flexible Kyoto mechanisms for renewable energy projects in Baltic states

The article analyses the use of flexible mechanisms under the Kyoto protocol in Baltic States and investigates the perspectives of these tools in the future. The results of the first phase of joint implementation (JI)–activities implemented jointly (AIJ) in Baltic States was overviewed in the article. The stages of JI process, activities and responsible institutions necessary for the implementation of JI projects are addressed in the paper. The main aim of the analysis conducted is to assess the future perspectives for JI projects in Baltic States taking into account EU accession and implementation of EU Linking directive. The institutional structure and legal framework for the implementation of JI in Baltic States was analyzed and measures and institutions necessary for the implementation of these projects were prescribed. The experience of Testing Ground Facility in Baltic Sea Region is presented in article and recommendations for the enhancement of JI in Baltic States were developed based on analysis conducted.