CO2 Emission of [ 14149 m.ton ] is more than 10 times of
Japanese domestic yearly Emission
CO2 Emission [ 3249 m.ton]+[838m.ton of 1998-2000] from Power Generation Sector
exceeds those of World Bank

Summary of CO2 Emission induced by Japanese ODA&OOF

  1. JEXIM's Finance for Coal/Oil/Gas related excavation projects is major source of CO2 emission.
    Finance amount is almost double of World Bank but CO2 emission of JEXIM is calculated on production base.
    If we calculate on reserves base, on which WB applied, total emission exceeds 50 gigatons of CO2 more than those of World Bank.
    OECF, compared to JEXIM, is little involved in Coal/Oil/Gas related projects.


  2. Total( OECF+JEXIM ) CO2 emissions from Power projects exceed those of World Bank, if Pendings of WB are excluded.
    Total Finance amount is 4 times of World Bank. which finances mainly coal fired power stations. In the contrast JEXIM finances relatively efficient but expensive power stations such as Convined Cycle.
    OECF finances many hydro power stations.(no CO2 emission)


  3. CO2 emission induced from Japanese development assistance is [ 14,149 m.ton ],
    which is more than 10 times of yearly Japanese inland CO2 emission of [ 1,300 m.ton ] more than half of yearly World total CO2 emission.


  4. Finance amount-wise, JEXIM spends apprx 10% to Power projects and 17% to resourse development projects of its total finance.
    OECF spends approx. 25% to Power projects of its total finance.


  5. JEXIM finances most of the cases together with private banks and give guarantee to private banks.( Power project always, resourse development not so.)
    There are many cases both JEXIM and World Bank finance to same project.
    ( We should be careful when summarizing CO2 emission )

CO2
Emission
m.ton Power
Capacity
mW Finance
Amount
m¥ Finance
incl.P-Bk
m¥(aprx) Calculated Scope(Projects)

JEXIM

E-
Power
Exca-
vation

1,720

10,900

17,382

719,461

1,187,200

1,200,000

1,400,000

92-97(6 years) financed projects
full load operating for 20 years
92-97(6 years) financed projects
full production for 20 years

OECF

E-
Power

1,340

11,282

1,395,600

92-96(5 years)

World

Bank

E-
Power
Exca-
vation

2,910
2,170
40,410

17,316
12,302

457,500

528,400

US$
=100¥ 92-96(5 years)
Pending
92-96(5 years)
based on proved reserve

Footnote:

  1. JEXIM data are collected and calculated by FoE Japan in June 1998, based on:
    CO2 emission unit-data of IPS(Institute for Policy Study) and
    Project information of JEXIM's annual report and press-release.
  2. OECF data refered from FoE-J and JACSES report of DEC. 1997
  3. World Bank data from IPS report of June 1997 just for reference.
  4. JEXIM's information disclosure is not suficient so calculated values
    include some analogy.(within20%)



CO2 Emission from JEXIM Finance to Electric Power Project

CO2 unitEmission
(ton/MW) CO2 Emission
(t.ton) Power Capacity
(MW) Finance Amount
(m¥) Coal PP

Oil PP

Natural Gas

Combind Cycle

158,941

135,080

79,471

60,444

623,367

786,166

158,942

340,889

3,922

5,820

2,000

5,640

198,459

100,850

31,300

147,890 s-total

1,909,364

17,382

478,499 Geo-thermal
Nuclear
Transmission
Hydro-Power
others

18,500
16,800
59,921
17,660
7,600 Total

1909364

719,461

( comments )
1) Compared to OECF, JEXIM finances Thermal
Power projects more than Hydro-Power pro.


CO2 Emission from JEXIM Finance to Coal/Oil/Gas related Projects

CO2
unit Emission CO2Emission
t.ton Production
for 1 year FinanceAmount

Coal excavation etc.

2.71

2,710,000

50.00m.ton Oil/Refinery/Pipeline

3.10 5,920,000 95.44m.ton Natural Gas/LNG

1.85 2,270,000 61,300m.m3 Total 10,900,000 1,187,200

( comments )
1) CO2 unit emissions are based on IPS's figures but total CO2 emissions are calculated by multiplying production amount for 20 years.
( IPS calculation is based on total reserve of the mine. )
2) JEXIM's biggest finance on this category is Bank Loan to China amounting ¥ 700billion for 5years(92-97) to 14 inland oil-fields, 4 offshore oil-field
and 9 coal-mining. Total CO2 emission is around 4.5billion ton.

CO2 Emission of individual Projects -- J-EXIM --

Country Project-Name Capacity Amount CO2Emission

[ POWER GENERATION ] MW m¥ m.ton

Kuwait Sabiya Oil P.S. 2,400MW 41,700m¥ ----324.9
------Al-Zour Desali. ---------5,700m¥
China Zhuhai Coal P.S. 1,400MW 403m$ ------222.5
Indonesia Paiton Coal P.S. 1,230MW 540m$ ---195.5
Pakistan Hub river Oil P.S. 1,292MW 110m$ ---174.5
Pakistan 4 P.Stations(Oil?) 1,253MW 19,600m¥ -169.3
Philippine Masinloc 1&2(Coal) 600MW 37,400m¥ -95.4
Thailand Mae-Moh 12&13(C) 600MW 17,900m¥ --95.4
Turkey Bursa C/C(G) 1,400MW 246m$ ---------84.6
Thailand Ratchabiri P.S.(G) 1,400MW 11,100m¥ --84.6
Thailand Wan-Noi C/C(G) 1,200MW 34,325m¥ ---72.5
Indonesia Tanjung Priok C/C 1,180MW 44,400m¥ -71.3
Turkey Cayirhan 3&4 (Coal?) 320MW 12,359m¥ ---50.7
Pakistan AES Pak Gen P.S.(Oil ) 365MW 10,900m¥ 49.3
Pakistan AES Lal Pir P.S.(Oil) 362MW 12,150m¥ --48.9
Thailand Khanom C/C 600MW 16,820m¥ --------36.3
Turkey Kangal 3 (Coal) 157MW 4,600m¥ ---------25.0
Thailand Non Chok G/T 400MW 12,943m¥ -------24.2
Thailand South Bangkok C/C 300MW 5,645m¥ ---18.1
Turkey UNIMAR C/C 300MW 130m$ -----------18.1
Azerbaijan C/C 150?MW 5,500m¥ -------------16.1
Thailand Sai Noi G/T 200MW 7,265m¥ ----------12.1
Chili ? (Coal?) 100?MW 5,000m¥? --------------15.9
Argentine C/C 100?MW 5,000m¥? --------------6.0
India ? (Oil?) 50?MW 4,900m¥ ------------------6.8

[ COAL EXCAVATION ] m.ton m¥ m.ton
China 9 fields 45.00m.ton 300,000m¥ ----------2,439
India Capacity Increase 5.00m.ton 32,900m¥ -----271

{ OIL EXTRACTION, REFINERY, PIPELINE ]
China 14 on-shore,4 off-sh. 32.00m.ton 400,000m¥ 1,984
Columbia Kusiana/Kabiana 20.50m.ton 210m$ ----1,271
India MROL Ref. 9.00m.ton 178m$ ---------------558
Turkmeni. Bashi Ref. 6.00m.ton 8,174m¥ ----------372
Thailand SPRC 5.34m.ton 334m$ ----------------331
Pakistan Pak-Arab Ref 4.45m.ton 229m$ ---------276
Uzubekist. Kokudomaroc 4.00m.ton 8,910m¥ -------248
Russia Sakhalin㈼ 3.70m.ton 116m$ ------------230
Equadol Esmeraldos 3.70m.ton 130m$ ------------230
Indonesia Balicpaoan Ref. 2.50m.ton 152m$ -------155
Uzubekist. Fergamo Ref. 1.70m.ton 5,829m¥ -------105
Venezuela ACCRO-2 2.00?m.ton (300m$)
India ONGC ? ---------------22,525m¥
Uzubekist Bukhara (de-sulph.) --4,151m¥
Russia Yaroslav.(de-lead) -----23,800m¥
China Shanghai-Pudon P.L. ----210m$
Papua-Newguinia -------------3,800m¥

[ NATURAL GAS / LNG ] m.m3/y m¥ m.ton
Qatar North field 15,600m.m3/y 200m$ ----------577
Indonesia Coridor field 10,000m.m3/y 270m$ ------370
India Indo-Gas P.L. 10,000m.m3 10,100m¥ -------370
Brazil Ulga f. & P.L. 8,500m.m3/y 28,800m¥ -------315
Russia Sakhalin㈼ 8,500m.m3/y (see Oil) ---------315
Indonesia Bontan LNG 9,000m.m3/y 63,100m¥ ----333
Algeria SONATRAC 5,000m.m3/y 42,200m¥ ------185
Indonesia PGN Grisic P.L. 3,200m.m3 195m$ -----118
Thailand Erawan Gas Trans 100m$
China Shangan N-Gas p.L. 935m$
Canada Gas field ((53,900m¥))

CO2 Emission of individual Project-JBIC- 1998/2000

Country

Project-name

Capacity

MW

Amount

Emission

m-ton

 

China

Baqiao coal

2x100MW

70m$

31.8

 

 

Wangjiangmen coal

2x50MW

65m$

15.9

 

 

Hong Yanchi 2 coal

4x200MW

100m$

127.2

 

 

Anqing-Anhui coal

2x300MW

44,750m¥

95.4

 

 

Thailand

Krabi coal

1x300MW

15,100m¥

47.7

 

 

Ratchabri coal?

2x700MW

17,100m¥

-222.5

already counted

 

Ratchabri c/c

3x600MW

37,200m¥

108.8

 

 

Philippines

Ilian-Batangas c/c

1200MW

225.09m$

72.5

 

 

Mexico

AES Merida 3 c/c

484MW

69.30m$

29.3

IPP

 

NORELEC c/c

450MW

180m$

27.2

IPP

 

Alzentin

AES/PSEG c/c

826MW

102m$

49.9

IPP,IDBco-finance

 

 

 

 

 

 

Turkey

Afsin-Elbistan B. lign.

4x360

58,500m¥

228.9

 

 

China

Jiniin/Hadwan-modernization

 

130m$

minus

reduce coal consumption

Total

 

 

 

837.60

 

 

 

[EXCAVATION/EXTRACTION/PIPELINE] -JBIC 1998-2000 -reference only-

Russia

Coal Excavation Modernization

1500m$

 

Mexico

Cantarell Oil Extraction

140,000m¥

1.03m-barrel/day

Russia/Turkey

Blue Stream Pipeline(Gas)

331.5m$

co-finance

Venezuela

Puerto La Cruz Oil Ref.

500m$

modernization