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Presentation of Convention Secretariat Representative
Presentation of Convention Secretariat Representative

... • Emissions trading - can be used as supplementary to actions to meet reduction commitments between developed country Parties ...
UNFCCC, Kyoto Protocol and CDM
UNFCCC, Kyoto Protocol and CDM

... Participation is voluntary and approved by each Party; National CDM authority to be set up; Non-Annex I Parties (host country) must benefit from project activities resulting in certified emission reductions (CERs); ...
Diapositiva 1
Diapositiva 1

... Portfolio has grown from 32(2004) to 108(2007) CDM possible official projects. Major new investment programs in excess of US$ 2.5 billion are expected to be executed over the next four year as part of private and public sector partnerships, including those subject to CERs. Emphasis on legislation th ...
this file - Carbon Finance at the World Bank
this file - Carbon Finance at the World Bank

... – This creates the case for flexible mechanisms including CDM ...
03.1 Steps in Clean Development Mechanis
03.1 Steps in Clean Development Mechanis

... the applicant and it must make the case that the carbon project would not have happened anyway (establishing additionality), and 4) It must establish a baseline estimating the future emissions in absence of the registered project. Climate Change ...
Climate Change
Climate Change

... Carbon dioxide is not the only greenhouse gas, but it is the main contributor to warming. Other important greenhouse gases include nitrous oxide and methane, both of which have increased in the last century. • The concentration of carbon dioxide has increased primarily due to burning of fossil fuels ...
Clean Development Mechanism - International Institute for
Clean Development Mechanism - International Institute for

... transportation CDM projects in Chile Use of ODA for capacity building and project scoping Prepare pre-feasibility studies on technology and travel demand reduction projects Advance local government sustainability agenda Attract foreign investment in sustainable development Potential for replication: ...
Climate Change & Energy
Climate Change & Energy

... Fuel based (sales)?...OR Distance based (calculate fuel use from VKT & efficiency)? ...
Climate-Change Projects—Selling of Indulgences or High Road?
Climate-Change Projects—Selling of Indulgences or High Road?

... element of the entire climate-change policy. Prerequisites for the effective use of this instrument are transparent standards and end-to-end validation and verification. This was the conclusion drawn by a workshop organized by TÜV SÜD in Munich on April 2, 2008. Climate change is a fact. The Intergo ...
Using the Kyoto Protocol as a stepping stone.
Using the Kyoto Protocol as a stepping stone.

... Implementation Supervisory Committee (JISC) and are obliged to publish all information in English on the UNFCCC JI website. But for track 1, where projects are approved bilaterally, there is not the same obligation to publish information, so it is often missing: documents are often missing and not a ...
Introduction Climate Change - European Capacity Building Initiative
Introduction Climate Change - European Capacity Building Initiative

... lack of interest by the public on climate change issues. ...
COMESA Climate Initiative
COMESA Climate Initiative

... changes are expected to increase in the future given increasing demand for agricultural products and changing food preferences. • The potential for mitigation thro’ agriculture in Africa has been estimated at 970mtCO2e per year by 2030 – accounting for 17% of the global total with additional 14% fro ...
Le climat et les ressources naturelles. Quels enjeux pour 2010
Le climat et les ressources naturelles. Quels enjeux pour 2010

... “…Decides that, for the second commitment period, additions to and subtractions from the assigned amount of a Party resulting from emissions trading and the project-based mechanisms shall not exceed 30 per cent of the quantified emission limitation and ...
presentation
presentation

... Building the Capacity of Chile’s Transportation Sector for Sustainable Development Through the CDM Jodi Browne International Institute for Sustainable Development ...
Presentation - Capacity Development for the CDM
Presentation - Capacity Development for the CDM

... The approval letter should include 1. the project participants voluntarily participating CDM 2. project being contributing to the country’s sustainable development. ...
Project Overview Inception Meeting, August 2002 Santiago, Chile
Project Overview Inception Meeting, August 2002 Santiago, Chile

... Project developers can select most appropriate of 3 approaches: 1. Existing actual or historical emissions 2. Emissions from a technology that represents an economically attractive course of action, taking into account barriers to investment 3. Average emissions of similar project activities underta ...
Negotiation Indices - European Capacity Building Initiative
Negotiation Indices - European Capacity Building Initiative

... countries and – unlike any new and untried proposal on how to reduce developing country emission – is thus not seen as a step on a slippery slope towards the developing country anathema of new legally binding (mitigation) commitments. ...
Dutch approach to CDM
Dutch approach to CDM

... for the Dutch CDM Purchase Programme?) -Executive Board Ruling available and in development! -The baseline methodolog(y)(ies), as applied under CERUPT, accepted by the Executive Board will be key!! ...
Carbon Market at a glance
Carbon Market at a glance

... To provide long-term carbon price s Define a global goal for 2050 supported by ignals and certainty to the private s ntermediate targets, to be agreed by the UNFCCC ...
Jamaica*s CDM Experience and NAMA Prospects
Jamaica*s CDM Experience and NAMA Prospects

... The lessons: better C prices, capacity, lower transaction costs desired • Emission reductions projects still have good returns, but benefits of CDM usually marginal to bottom line • Transaction costs high – Exacerbated by lack of local capacity (all steps of project cycle require importation of exp ...
“Climate Change” as one of the TOP
“Climate Change” as one of the TOP

... In last few months Every 3rd day there is an article on Climate Change/CDM ...
READ MORE - Almitra Patel
READ MORE - Almitra Patel

... • Industrialized countries pay for projects that cut or avoid emissions in poorer nations • Awarded “credits” that can be applied to meeting their own emissions targets • The recipient countries benefit from free infusions of advanced technology – This allows their factories or electrical generating ...
cdm project
cdm project

... largest source of GHG emissions in the energy sector approximately ...
A KEY TO AVERTING CLIMATE CHANGE
A KEY TO AVERTING CLIMATE CHANGE

... • Once certified, these emission reductions can be used to meet the commitments made by the developed countries under the Kyoto Protocol. ...
this file
this file

... Emission credits can be accrued as of 2000, but can only be issued/ transferred once country becomes a Party Nuclear in JI: Parties are to “refrain from using..” Sinks: All activities are eligible ...
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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.
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