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Kyoto Protocol and CDM
Kyoto Protocol and CDM

... • Description of the baseline methodology and justification of choice, including an assessment of strengths and weaknesses of the methodology • Description of key parameters, data sources and assumptions used in the baseline estimate, and assessment of uncertainties • Projections of baseline emissio ...
Legal Framework on Adaptation
Legal Framework on Adaptation

... Russia - $7 tonne, because old industrial processes, coal-fired plants India - $6 tonne through fuel switching. African country – by the planting of trees or shrubs, $4 hot air situation – market price – but won’t know price until KP off the ground ...
From Kyoto to Copenhagen - Law, Environment and Development
From Kyoto to Copenhagen - Law, Environment and Development

... one ton of CO2 eq. in developed countries, the same can be achieved in developing countries at the cheaper rate of US $15 per ton of CO2 eq.20 Thus, through the CDM, developed countries can achieve GHG mitigation in developing countries at costs three times cheaper than what would have been expended ...
Carbon and the Science - Policy Nexus The
Carbon and the Science - Policy Nexus The

... concentration of carbon dioxide at 550ppm (about twice the pre-industrial level), global emissions would have to peak by about 2025 and fall below current levels by 2040 to 2070.  This would mean that all regions would have to deviate from most “business-as-usual”scenarios within a few ...
Glossary of Climate Policy Terms
Glossary of Climate Policy Terms

... and a shared vision for long-term cooperative action. In addition, the BAP recognizes a need to reduce emissions from deforestation and land degradation (see: REDD+) and establishes the Ad hoc Working Group on Long-term Cooperation Action under the Convention (AWG-LCA). ...
A/R in the CDM – recent issues
A/R in the CDM – recent issues

... If country reduces deforestation as compared to a national deforestation baseline, certified emission reduction credits are issued (sectoral crediting mechanism) ...
Slide 1
Slide 1

... Growing scientific concern Weak global response – Although Kyoto has entered into force, won’t have much effect on global emissions – Reluctance to negotiate for post-2012 period ...
Iron Fertilization and International Law
Iron Fertilization and International Law

... Emissions Trading ...
Honors Seminar - Advanced Presentation
Honors Seminar - Advanced Presentation

... projects that reduce emissions in territories of nonAnnex I Parties.  Like ERUs, CERs generated by CDM projects can also be used by Annex I Parties to help meet their emissions targets.  Furthermore, CDM projects also help the nonAnnex I host Parties to achieve sustainable development as well as c ...
WESTERN KENYA SMALLHOLDER AGRICULTURAL CARBON
WESTERN KENYA SMALLHOLDER AGRICULTURAL CARBON

... that reduce GHG emissions and contribute to sustainable development, as defined by each participating country, can generate CERs, which is a tradable commodity in the international carbon markets. When discussing the market potential of CDM for developing countries, it is important to recognise that ...
Post-2012 Issues under the UNFCCC and Kyoto Protocol
Post-2012 Issues under the UNFCCC and Kyoto Protocol

... • Fourth review of the financial mechanism decision in preparation for COP 15 • Role of the private sector in financing: developing countries see limited role, while e.g. US believes it should be main source ...
asean climate change initiative
asean climate change initiative

... ASEAN countries are advised to:  ratify Kyoto Protocol  encourage key parties to the UNFCCC to ratify it  Rusia  Continue support Kyoto Protocol and UNFCCC ...
tubiana
tubiana

... No projects in infrastructures key drivers of energy demand ...
The Kyoto Protocol: Background • The Kyoto Protocol to the United
The Kyoto Protocol: Background • The Kyoto Protocol to the United

... The Kyoto Protocol to the United Nations Framework Convention on Climate Change will strengthen the international response to climate change. Adopted by consensus at the third session of the Conference of the Parties (COP-3) in December 1997, it contains legally binding emissions targets for Annex I ...
Progress report and proposed future works of Deliverable 1
Progress report and proposed future works of Deliverable 1

... assist parties not included in Annex I in achieving sustainable development and in contributing to the ultimate objective of the convention; and (2) to assist parties included in Annex I in achieving compliance with their quantified emission limitation and reduction commitments. Certified Emission R ...
sectiong lobal carbon credit markets – issues and opportunities
sectiong lobal carbon credit markets – issues and opportunities

... In October 2007, US states in the RGGI and WCI regional programmes combined with two Canadian provinces, nine EU countries, the European Commission, New Zealand, and Norway to form the International Carbon Action Partnership (ICAP). ICAP will verify emissions sources and amounts, and create an inter ...
Gt C - Carbon Finance at the World Bank
Gt C - Carbon Finance at the World Bank

... the pre-industrial level), global emissions would have to peak by about 2025 and fall below current levels by 2040 to 2070.  This would mean that all regions would have to deviate from most “business-as-usual”scenarios within a few decades ...
Carbon Credits 101
Carbon Credits 101

... abated emissions from a Clean Development Mechanism project ...
M09P01Globalization
M09P01Globalization

... Clean Development Mechanism (CDM) CDM is a mechanism to ensure that Annex I countries can meet their emission reduction target in a cost effective way by financing GHG emission reduction in developing countries. If an Annex I country finance an emission reduction project in a Non-Annex I country, t ...
Thailand`s Response to Climate Change
Thailand`s Response to Climate Change

... less than 1 % of global total in 1990  One of the most vulnerable countries  Thailand ...
RUPES Goal and Objectives - World Agroforestry Centre
RUPES Goal and Objectives - World Agroforestry Centre

...  Careful selection of site and species required ...
Kyoto – Marrakech: SINKS
Kyoto – Marrakech: SINKS

... 1 Case, brought by SA on behalf of G-77 – Dealt with failure of many Annex I countries to submit report on “demonstrable progress” – FB split on whether the case was brought properly before it by a “Party” – Annex I members opposed taking case on – Case could not proceed – Plenty of other matters ha ...
UNDP`s - Global Environment Facility
UNDP`s - Global Environment Facility

... Lessons Learned by UNDP in developing Carbon Finance projects  Project Development (CDM, JI) moves much slower than you might expect as many projects face unexpected problems and delays;  The actual number of emission reductions achieved by projects can often by much less than originally estimate ...
Landfill Paper-Solid Waste.pdf
Landfill Paper-Solid Waste.pdf

... It can be argued that the slow implementation of landfill gas projects under the Kyoto Protocol’s CDM is a sign that these projects are not economically appealing. Why would we want to create more policies that promote them if they have not shown to be as economically pleasing as investors would lik ...
high
high

... commitments to meet targets by reducing emissions or removing carbon in other countries in a ...
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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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