www.prototypecarbonfund.org

PCF Portfolio

January 2002

Status of Carbon Purchase Agreements negotiated

• Latvia Landfill Gas Capture and Power Generation– $2.5 million PCF Purchase– anaerobic decomposition of about 20,000 tons of garbage a year– ERs from the existing landfill site gas recovery by June 2002

• Uganda West Nile Small Hydro – $3.9 million PCF purchase– a 5.1 MW and 1.5 MW small hydro generating facilities in the

West Nile region– Displaces >200 small and few large public diesel gensets

• Chile Chacabuquito Run-of-River– $3.5 million PCF Purchase; parallel purchase of $1 million

– 25MW run-of-river hydro generating 175 GWh to replace coal/gas

• Brazil Plantar– $5 million of PCF Purchase; parallel purchase options of $10

million on offer

– Substituting coal/coke by sustainably produced charcoal in pig iron production, plus afforestation and ecosystem restoration, biodiversity and health benefits

Carbon Purchase Agreements currently under Negotiation

• Costa Rica Umbrella Project for Renewable Energy Resources – $7-10 million PCF Purchase: – 3 hydro and 2 windfarms (total of 85 MW). – Sectoral baseline and MVP now under validation

• Romania: Cluj Energy Islands– $8 million PCF Purchase– upgrade the district heating system of Cluj-Napoca city– substantially improve energy efficiency; 421 MWt for

district heating and nominal power output of 35MWe

Bagasse9.3%

Biomass7.0%

Energy Efficiency

15.9%

Gas flaring13.2%

Geothermal3.2%

Small hydro21.8%

PV0.3%

Wind15.4%

Waste management

13.9%

Technologies in Projects cleared by and submitted to Shareholders by mid-February 2002

Regional Distribution of PCNs cleared and submitted by February 2002

Africa19%

C Asia20%

E Asia0%

E Europe13%

Latin A37%

S Asia11%

US$75.5 million of $145 million will be committed to Projects by February, meeting Fund investment target

Business Plan Target June 01-July 02

• Target: 11 Carbon Purchase Agreements• Now Finalized or under negotiation: 7• Under preparation for end-June

negotiation: 8– Uzbekistan-Andijan district heating rehabilitation– Poland: 3 district heating systems - fuel switches

from coal to geothermal and biomass (straw)– Mauritius: MSW to energy (incineration/power)– Czech Energy Efficiency: hospitals, schools (4).– Nicaragua: Rice Husk Power

• Reserve operations: Jamaica Wind, India MSW-Energy, Morocco Wind, Thailand Pulp Waste, Romania Forestry