A Climate for Change

Human Development Report - Croatia 2008 Evaluation of Current Activities to Mitigate Climate Change – Institutional Analysis^227

the introduction of clean technologies, which include
cogeneration facilities. Because Croatia is an Annex I
country under the Kyoto Protocol and is required to
reduce emissions, it cannot participate in CDM proj-
ect activities as a host country, but it can invest in this
type of project in non-Annex I countries in the region
or world-wide.

In addition to the mandatory measures that are in
place and will come into force following EU acces-
sion, other organisations, such as the Croatian Busi-
ness Council for Sustainable Development, the Croa-
tian Chamber of Economy, the American Chamber of
Commerce, the Nordic Chamber of Commerce, and
the Global Compact Initiative led by UNDP, can po-
tentially engage the business community in voluntary
measures to reduce emissions and improve their com-
petitiveness at the same time.

Financial resources must be made available to ensure
climate change mitigation leads to human develop-
ment. Large savings are possible – especially in energy

efficiency – that could improve business performance

and economic development as well as reduce pollut-

ants and aid other aspects of human development.

The potential exists for Croatian businesses to push

forward with new technologies that create new jobs,

make the environment cleaner and encourage more

education. The Croatian Expert Society for Solar Energy

estimates that there are over 500 people working in the

renewable energy sector in Croatia, and that number

is growing. In Austria, which has invested heavily in re-

newable energy, approximately 17,600 people worked

in the renewable energy sector in 2005.^27

Overall, Croatia is generating enough capital and pro-

viding good financial incentives for emissions reduc-

tion. This should continue and more opportunities for

financing should be investigated. This could include

implementing programmes that use funds from vol-

untary carbon offsets, utilising opportunities related

to Joint Implementation programmes, and directing

carbon fees towards feed-in tariffs, energy efficiency,

reforestation, and other carbon saving programmes.

Organisation Name Type of Organisation Activities Related to Climate Change Mitigation Contact Person Website/ Contact

HEP – DD Business Croatian electricity utility; also

sells natural gas, combined heat

and power; has numerous projects

oriented towards climate change

Goran Slipac,

Director of Corporate

Development and

Strategy.

http://www.hep.hr

HEP – Energy

Services Company

(ESCO)

Business Services for EE including providing

capital to be paid back with

savings

Gordana Lučić,

Director

http://www.hepesco.hr/

HEP – Renewables Business Renewable energy production Zoran Stanić, Director http://www.hep.hr/oie/

Holcim Croatia Business Cement industry business

working to reduce emissions

Žarko Horvat,

Director of Industrial

Technology

http://www.holcim.hr

Table 13-5: Businesses engaged in climate change mitigation activities and contributors to this section.

Financial

resources

must be made

available

to ensure

climate change

mitigation

leads to human

development