Ongoing work Yes - Carbon Finance at the World Bank
... (emissions trading) market will be “policy-driven” – Emissions Trading is cheap option but not attractive to all – CDM/JI expensive/complex but hi quality, tangible impact ...
... (emissions trading) market will be “policy-driven” – Emissions Trading is cheap option but not attractive to all – CDM/JI expensive/complex but hi quality, tangible impact ...
Philippine Experience In Training In Cambodia
... hydrographical modelling on a watershed runoff model. ...
... hydrographical modelling on a watershed runoff model. ...
Designated National Authority for Clean Development Mechanism of
... Nepal signed the The United Nations Framework Convention on Climate Change (UNFCCC) on 12 June 1992 during the UN conference on Environment and Development in Rio de Janerio, Brazil. The Instrument of Ratification was submitted to the Convention Depository on 2 May 1994 and the UNFCCC entered into f ...
... Nepal signed the The United Nations Framework Convention on Climate Change (UNFCCC) on 12 June 1992 during the UN conference on Environment and Development in Rio de Janerio, Brazil. The Instrument of Ratification was submitted to the Convention Depository on 2 May 1994 and the UNFCCC entered into f ...
Presentation 3 - Institute for Environmental Security
... 120 MtCO2 /yr (8.0%) 7.3 MtCO2 /yr (.053%) 14.2 MtCO2 /yr (1.04%) 3 billion MtCO2 /yr 30MtCO2 /yr (2.2%) ...
... 120 MtCO2 /yr (8.0%) 7.3 MtCO2 /yr (.053%) 14.2 MtCO2 /yr (1.04%) 3 billion MtCO2 /yr 30MtCO2 /yr (2.2%) ...
1 Memorandum of Understanding between the
... Bearing in mind Article 12 of the Kyoto Protocol, which provides for the transfer of certified emission reductions (CERs) resulting from Clean Development Mechanism project activities from Parties not included in Annex I to Parties included in Annex I, that may be used by the latter Parties for pur ...
... Bearing in mind Article 12 of the Kyoto Protocol, which provides for the transfer of certified emission reductions (CERs) resulting from Clean Development Mechanism project activities from Parties not included in Annex I to Parties included in Annex I, that may be used by the latter Parties for pur ...
CDM overview - Capacity Development for the CDM
... as a group is at least 5 percent below 1990 levels, to be achieved by the commitment period 2008 to 2012 (an average over the five years). • The Protocol covers six greenhouse gases (Annex A) CO2, CH4, N2O, HFCs, PFCs, SF6 • The negotiated targets for individual Annex I Parties are included in Annex ...
... as a group is at least 5 percent below 1990 levels, to be achieved by the commitment period 2008 to 2012 (an average over the five years). • The Protocol covers six greenhouse gases (Annex A) CO2, CH4, N2O, HFCs, PFCs, SF6 • The negotiated targets for individual Annex I Parties are included in Annex ...
this file - Carbon Finance at the World Bank
... Danish Carbon Fund. ~ $64 million (open to Danish participation). Danish Multi-shareholder. Multipurpose. ...
... Danish Carbon Fund. ~ $64 million (open to Danish participation). Danish Multi-shareholder. Multipurpose. ...
The Kyoto Protocol and Clean Development Mechanism
... To prevent industrialized countries from making unlimited use of CDM, Article 6.1 d) has a provision that use of CDM be supplemental to domestic actions to reduce emissions. The CDM gained momentum in 2005 after the entry into force of the Kyoto Protocol. Before the Protocol entered into force, i ...
... To prevent industrialized countries from making unlimited use of CDM, Article 6.1 d) has a provision that use of CDM be supplemental to domestic actions to reduce emissions. The CDM gained momentum in 2005 after the entry into force of the Kyoto Protocol. Before the Protocol entered into force, i ...
Encash the Carbon Cache: Indian Carbon Market - 2011 and... Brochure
... changing climate. However, it is only the later part of the last decade that saw the ‘combating climate change’ strategy being pursued more aggressively than ever before, with contribution from countries across the globe. From Kyoto to Cancun, the nations have come a long way in reconciling the role ...
... changing climate. However, it is only the later part of the last decade that saw the ‘combating climate change’ strategy being pursued more aggressively than ever before, with contribution from countries across the globe. From Kyoto to Cancun, the nations have come a long way in reconciling the role ...
Carbon Market Framework (Nared)
... “in achieving sustainable development and contributing to the ultimate objective of the Convention” Projects must result in: • “real, measurable and long-term benefits related to the mitigation of climate change”. • “reductions in emissions that are additional to any that would occur in the absence ...
... “in achieving sustainable development and contributing to the ultimate objective of the Convention” Projects must result in: • “real, measurable and long-term benefits related to the mitigation of climate change”. • “reductions in emissions that are additional to any that would occur in the absence ...
the kyoto protocol mechanisms - CDM
... developing countries to earn certified emission reductions (CERs), each equivalent to one tonne of CO2. These CERs can be traded and sold, and used by industrialized countries to meet a part of their emission reduction targets under the Kyoto Protocol. The mechanism stimulates sustainable developmen ...
... developing countries to earn certified emission reductions (CERs), each equivalent to one tonne of CO2. These CERs can be traded and sold, and used by industrialized countries to meet a part of their emission reduction targets under the Kyoto Protocol. The mechanism stimulates sustainable developmen ...
CDM opportunities for the Philippines
... • Annex I Parties (OECD countries and countries that are undergoing the process of transition to a market economy) are committed to adopting policies and measures that will reduce their GHG emissions to earlier levels. • Annex II Parties (OECD countries) must provide new and additional financial res ...
... • Annex I Parties (OECD countries and countries that are undergoing the process of transition to a market economy) are committed to adopting policies and measures that will reduce their GHG emissions to earlier levels. • Annex II Parties (OECD countries) must provide new and additional financial res ...
European Climate Exchange Glossary
... Shorthand for carbon dioxide or greenhouse gases used in phrases such “carbon trading,” “carbon footprint” and “carbon emissions.”. Carbon Dioxide Equivalents It is a measurement unit used to indicate the global warming potential (GWP) of greenhouse gases. Carbon dioxide is used as the reference gas ...
... Shorthand for carbon dioxide or greenhouse gases used in phrases such “carbon trading,” “carbon footprint” and “carbon emissions.”. Carbon Dioxide Equivalents It is a measurement unit used to indicate the global warming potential (GWP) of greenhouse gases. Carbon dioxide is used as the reference gas ...
Clean Development Mechanism(CDM) The Basics - ACP
... • Developed countries (Annex 1)with binding emission caps assist developing countries with no emission limits in activities/projects for GHG reduction. • The project/activity must contribute to the sustainable development in the host country. • GHG reductions must create real , measurable and long-t ...
... • Developed countries (Annex 1)with binding emission caps assist developing countries with no emission limits in activities/projects for GHG reduction. • The project/activity must contribute to the sustainable development in the host country. • GHG reductions must create real , measurable and long-t ...
CDM
... 1990 levels in the first commitment period of 2008-2012. • Specific targets varied from country to country, ranging from -8% for the EU collectively to +10% for Iceland. The Kyoto Protocol came into force in February, 2005. 141 countries signed the protocol initially now it is ...
... 1990 levels in the first commitment period of 2008-2012. • Specific targets varied from country to country, ranging from -8% for the EU collectively to +10% for Iceland. The Kyoto Protocol came into force in February, 2005. 141 countries signed the protocol initially now it is ...
COMESA Climate Initiative
... • Africa must optimize the full climate change mitigation and adaptation potential by ensuring that AFOLU and REDD are included in the Post 2012 climate change agreement. • A programme of work for REDD/AFOLU readiness should be set out in the post 2012 climate change agreement. • Broaden and simplif ...
... • Africa must optimize the full climate change mitigation and adaptation potential by ensuring that AFOLU and REDD are included in the Post 2012 climate change agreement. • A programme of work for REDD/AFOLU readiness should be set out in the post 2012 climate change agreement. • Broaden and simplif ...
Role of CDM in the UK - Capacity Development for the CDM
... • JI and CDM credits may be cheaper than EU allowances – Reduce compliance costs – CDM could be in short-supply in the early years • JI and CDM credits need not be converted into EU allowances (more flexibility in market response) ...
... • JI and CDM credits may be cheaper than EU allowances – Reduce compliance costs – CDM could be in short-supply in the early years • JI and CDM credits need not be converted into EU allowances (more flexibility in market response) ...
THE UN FRAMEWORK CONVENTION ON CLIMATE CHANGE (FCCC)
... CDM has two goals: to lower the overall cost of reducing greenhouse gas emissions, while also supporting sustainable development initiatives within developing countries CDM allows developed countries to invest in low-cost abatement opportunities in developing countries and receive credit for the res ...
... CDM has two goals: to lower the overall cost of reducing greenhouse gas emissions, while also supporting sustainable development initiatives within developing countries CDM allows developed countries to invest in low-cost abatement opportunities in developing countries and receive credit for the res ...
Flexible climate mechanisms and district heating
... of emission reductions is not important. Therefore, the Kyoto protocol provides for three flexible mechanisms, allowing reductions to be made where costs are the lowest. 1) Clean development mechanism (CDM) 2) Joint implementation (JI) 3) Emissions trading ...
... of emission reductions is not important. Therefore, the Kyoto protocol provides for three flexible mechanisms, allowing reductions to be made where costs are the lowest. 1) Clean development mechanism (CDM) 2) Joint implementation (JI) 3) Emissions trading ...
Negotiation Indices - European Capacity Building Initiative
... 21 July in Beijing, 29 July in New Delhi, 6 September in Oxford ...
... 21 July in Beijing, 29 July in New Delhi, 6 September in Oxford ...
CDM from LDC perspective by Pascale Junker, Lux Dev
... • General feeling that international Climate Change conferences aiming at universally binding reduction legislation is not the way forward (contrary to emerging economies’ take off). • Market based approaches are more accurate, if they guarantee real net reductions and environmental integrity • End ...
... • General feeling that international Climate Change conferences aiming at universally binding reduction legislation is not the way forward (contrary to emerging economies’ take off). • Market based approaches are more accurate, if they guarantee real net reductions and environmental integrity • End ...
Validation and verification of CDM projects
... The project managers must collect data exactly as specified in the monitoring plan The Verifier will verify that the Monitoring Plan has been implemented as specified in the validated Project Design Document ...
... The project managers must collect data exactly as specified in the monitoring plan The Verifier will verify that the Monitoring Plan has been implemented as specified in the validated Project Design Document ...
Clean Development Mechanism
The Clean Development Mechanism (CDM) is one of the Flexible Mechanisms defined in the Kyoto Protocol (IPCC, 2007) that provides for emissions reduction projects which generate Certified Emission Reduction units which may be traded in emissions trading schemes.The CDM is defined in Article 12 of the Protocol, and is intended to meet two objectives: (1) to assist parties not included in Annex I in achieving sustainable development and in contributing to the ultimate objective of the United Nations Framework Convention on Climate Change (UNFCCC), which is to prevent dangerous climate change; and (2) to assist parties included in Annex I in achieving compliance with their quantified emission limitation and reduction commitments (greenhouse gas (GHG) emission caps). ""Annex I"" parties are those countries that are listed in Annex I of the treaty, and are the industrialized countries. Non-Annex I parties are developing countries.The CDM addresses the second objective by allowing the Annex I countries to meet part of their emission reduction commitments under the Kyoto Protocol by buying Certified Emission Reduction units from CDM emission reduction projects in developing countries (Carbon Trust, 2009, p. 14). The projects and the issue of CERs is subject to approval to ensure that these emission reductions are real and ""additional."" The CDM is supervised by the CDM Executive Board (CDM EB) and is under the guidance of the Conference of the Parties (COP/MOP) of the United Nations Framework Convention on Climate Change (UNFCCC).The CDM allows industrialized countries to buy CERs and to invest in emission reductions where it is cheapest globally (Grubb, 2003, p. 159). Between 2001, which was the first year CDM projects could be registered and 7 September 2012, the CDM issued 1 billion Certified Emission Reduction units. As of 1 June 2013, 57% of all CERs had been issued for projects based on destroying either HFC-23 (38%) or N2O (19%). Carbon capture and storage (CCS) was included in the CDM carbon offsetting scheme in December 2011.However, a number of weaknesses of the CDM have been identified (World Bank, 2010, p. 265-267). Several of these issues were addressed by the new Program of Activities (PoA) that moves to approving 'bundles' of projects instead of accrediting each project individually. In 2012, the report Climate change, carbon markets and the CDM: A call to action said governments urgently needed to address the future of the CDM. It suggested the CDM was in danger of collapse because of the low price of carbon and the failure of governments to guarantee its existence into the future. Writing on the website of the Climate & Development Knowledge Network, Yolanda Kakabadse, a member of the investigating panel for the report and founder of Fundacion Futuro Latinamericano, said a strong CDM is needed to support the political consensus essential for future climate progress. ""Therefore we must do everything in our hands to keep it working,"" she said.