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The legacy of the Kyoto Protocol: a view from
The legacy of the Kyoto Protocol: a view from

... 0.22 GtCO2 eq per year in the period 2008–2012 and about 0.9 GtCO2 eq per year from 2013 to 2020. Given their relatively low price, it is likely that AnnexI countries will buy most of the CERs originating from the CDM to meet their obligations. To put things in perspective: the 0.22 GtCO2 eq/year is ...
What Next for CCS in the UK? Tim Dixon
What Next for CCS in the UK? Tim Dixon

... Timescales of benefits vs liability Impact on CDM market Scale and impacts of leakage Furthering use of fossil fuels sustainable development Role of CCS in climate change mitigation Since CMP 5 (2009) Non-permanence Monitoring and verification Environmental impacts massive catastrophic release Proje ...
Title , description of the topic, reasons why the topic is timely
Title , description of the topic, reasons why the topic is timely

FACTSHEET - IEN Carbon Trading [English]
FACTSHEET - IEN Carbon Trading [English]

... Mechanisms (CDM) of the Kyoto Protocol has turned the potential threat of climate change into an opportunity for profit. The trading of carbon and greenhouse gases is a new form of colonialism. It creates CO2lonialism. Carbon trading enables corporations and governments to avoid reducing greenhouse ...
CDM and project overview - Capacity Development for the CDM
CDM and project overview - Capacity Development for the CDM

... supportive policies required to provide an enabling environment for industrial CDM projects. - http://www.unido.org/doc/451673.htmls ...
Climate Change Mitigation in Southern Africa: Zambia study
Climate Change Mitigation in Southern Africa: Zambia study

... supportive policies required to provide an enabling environment for industrial CDM projects. - http://www.unido.org/doc/451673.htmls ...
Ensuring environmental integrity through transparent accounting of
Ensuring environmental integrity through transparent accounting of

... Copenhagen Accord. Countries that generated credits under the Clean Development Mechanism are going to claim all of those emissions reductions toward their own 2020 targets, while those same credits could be used by other countries towards their targets. In the case of the 2020 commitments, countrie ...
03.0 Clean Development Mechanism 3959KB
03.0 Clean Development Mechanism 3959KB

... countries, referred to as Annex I countries (who have accepted greenhouse gas emission reduction obligations and must submit an annual greenhouse gas inventory); and developing countries, referred to as Non-Annex I countries (who have no greenhouse gas emission reduction obligations but may particip ...
Carbon offsets and carbon market implications for private
Carbon offsets and carbon market implications for private

... http://cdm.unfccc.int/contest/09/pc09_top25.html ...
Definitions - OAS :: Department of Conferences and Meetings
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...  Caribbean region is very prone to natural (and man-made) hazards Implications of Climate variability & change  Amplification of hydro meteorological hazards – ...
THE CHALLENGES OF INCORPORATING CLEAN DEVELOPMENT
THE CHALLENGES OF INCORPORATING CLEAN DEVELOPMENT

... It is believed that by establishing national REDD baseline rates, the additionality of efforts to reduce deforestation can be judged quickly and accurately while underpinned by clear reduction targets. Using these baselines, we can determine, at a national level, whether REDD has in fact been reduce ...
Kyoto Protocol
Kyoto Protocol

... activities such as reforestation An emission reduction unit (ERU) generated by a joint implementation project A certified emission reduction (CER) generated from a clean development mechanism project ...
Report on first national visit to Cote d`Ivoire
Report on first national visit to Cote d`Ivoire

... The 1997 Kyoto Protocol, a milestone in global efforts to protect the environment and achieve sustainable development, marked the first time that governments of industrialized countries accepted legally-binding constraints on their greenhouse gas emissions. The Protocol also broke new ground with it ...
The Kyoto Protocol is an international agreement linked to the
The Kyoto Protocol is an international agreement linked to the

... The Kyoto Protocol is an international agreement linked to the United Nations Framework Convention on Climate Change. The major feature of the Kyoto Protocol is that it sets binding targets for 37 industrialized countries and the European community for reducing greenhouse gas (GHG) emissions .These ...
DNA Practicalities in CDM Project Approval
DNA Practicalities in CDM Project Approval

... • Two-fold objective of the CDM: – assist Annex I parties in achieving compliance with their quantified emission limitation and reduction commitments… • helping to reduce compliance costs ...
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carbon offset carbon offset
carbon offset carbon offset

... It is the world’s first afforestation and reforestation project that is registered under the UN Clean Development Mechanism (CDM-AR) and simultaneously developed according to the most stringent international standards for “climate, community and biodiversity” (CCB). By integrating CCB standards with ...
International Progress on Kyoto - Law Associates Ltd Consultants
International Progress on Kyoto - Law Associates Ltd Consultants

... or how New Zealand might comply with a reduced emission regime, or about domestic mechanisms such as the Emissions Trading Scheme. Reading the literature involves understanding the buzz words and acronyms so I have attempted to make a good number of these clear here2. International agreements commen ...
Brand Launch - Canadian Bar Association
Brand Launch - Canadian Bar Association

... Country A’s cost to reduce excess is $100 Country B’s cost to overachieve by same amount is $60 Trade results in $40 savings which Country A and Country B can share ...
The next 10 years - World Bank Group
The next 10 years - World Bank Group

... CDM transaction costs. A persistent lack of trust between the Designated Operational Entities (DOEs) charged with auditing CDM projects, and the CDM Executive Board (EB), which regulate them, is generating duplication and delays. In some ways, today’s situation is somewhat similar to where we were 1 ...
BioCarbon Fund - World Bank Group
BioCarbon Fund - World Bank Group

...  All types of A/R projects have environmental, economic, social, and institutional co-benefits  Co-benefits are an important incentive for local participation in forest carbon projects.  Forest carbon projects also contribute to climate change adaptation by increasing the resilience of local envi ...
Good-Bye Kyoto - Carbon Market Watch
Good-Bye Kyoto - Carbon Market Watch

... No overall emission reductions: The CDM was designed for countries that did not have commitments to be met under the Kyoto Protocol. Its goal was to reduce emissions in developing countries to compensate for increased emissions in developed countries leading to a net neutral outcome, not a reduction ...
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... EU ETS and Linking directive  under the EU ETS each installation is required to surrender a number of allowances corresponding to their verified emission volume for each calendar year  in the event that an installation has insufficient allowances for compliance, the shortage can be ...
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CARBON CREDITS
CARBON CREDITS

... any other means; say just by planting some trees around its plant, it is awarded “one carbon credit”. This carbon credit can be sold to any industry, allowing it to emit one extra ton of CO2 than its allowable limit.  Nike has sold emission reduction credits equaling 100,000 tons to the utility com ...
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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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