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Capacity Development for CDM Fourth National Workshop Cairo, 14-15 June 2004 PDD Preparation for CDM Projects Operationalising CDM Projects Samir Amous, APEX, Tunisia Regional Centre for North Africa and Middle-East Tel : +216 71 848 094 --- Fax : +216 71 843 453 amous.apex@gnet.tn.
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Capacity Development for CDMFourth National WorkshopCairo, 14-15 June 2004 PDD Preparation for CDM Projects Operationalising CDM Projects Samir Amous, APEX, TunisiaRegional Centre for North Africa and Middle-East Tel : +216 71 848 094 --- Fax : +216 71 843 453amous.apex@gnet.tn
International Rules • Kyoto Protocol entry into force • 55 Parties should have ratified • Annex B Parties to KP should represent at least 55% of Annex-I Parties’ GHG emissions
Criteria for Host Countries • KP Ratification • Designation of a National Authority for CDM
Criteria for CDM Projects • Projects (PDD) to be APPROVED by the host country • Approved projects to be submitted to the CDM-Executive Board for VALIDATION and REGISTRATION
Criteria for CDM Projects • Project Execution to conform to COP and EB Rules (Monitoring, DOE for Verification, Certification of CERs, etc.)
Kyoto Protocol • 122 countries have ratified: • 34 Annex B Parties to KP44.2% of Annex I Parties’ emissions • 5 Annex B Parties to KP have not ratified yet (55.6% of Annex I Parties’ emissions: • USA: 36.1% • Russian Federation: 17.4% • Australia: 2.1% • Monaco and Lichtenstein: ~ 0%
Kyoto Protocol • 122 countries have ratified, of which: • 88 Non-Annex I Parties to the UNFCCC; of which 4 major emitting NA-I Countries: • China • India • Brazil • Korea
Kyoto Protocol • 122 countries have ratified, of which: • 3 Countries from North-Africa and Middle-East : • Jordan • Morocco • Tunisia
DNA : situation • 60 dans established dans in the World; of which, 6 from NA&ME: • Egypt • Jordan • Lebanon • Morocco • Syria • Yemen
CDM progress • 13 meetings of the EB • 14th Meeting: 12-14 june
CDM progress • 51 Baseline methodologies submitted to EB; of which: • 11 approved
Lignes de base MDP: Méthodologies approuvées • 11 Approved BL Methodologies: • 6 Latin America (4 in Brazil) • 4 Asia • 1 Africa
CDM Process in place, with EB operating well • CDM Process implementation in host countries pending KP ratification and DNA establishment • In Principal…CDM is pending the Russian ratification of KP… • HOWEVER….
CDM Progress • A progressing CDM Market : • Resources available: US$ 600 million150 million tons of CO2
CDM Progress • Major Actors: • The Netherlands: 30% • Prototype Carbon Fund: 22% • Japan: 12%
CDM Progress • Recent initiatives: • Germany, Denmark, Austria, Belgium (21%)
Canada: 688 MtCO2e New Zeland: 85 MtCO2e Japan: 1,130 MtCO2e Around 4.6 billiontCO2e (2008-2012)920 MtCO2e/yrUS$ 3.7 billion/yr atUS$4/tCO2e CDM/JI et Emission Trading: Market Potential in 15 EU Countries Around 2.7 BilliontCO2efor the period(2008-2012)for the 15 EU (Low-GrowthtoMed-GrowthScen.)
CDM Progress • Council of Ministers and Parliament decisions: • The CDM will take place even without KP entry into force (Mini-KPMini Market) • CERs accepted from 2005
CDM Progress • Council of Ministers and Parliament decisions: • Probably no types of projects excluded (e.g. sinks, big-Hydro, Coal) • Member States free to fix their own limitations, if any, for buying CERs and for sinks projects
Worst Perspectives • Russia will ratify (USA neither) • Market Potential for CDM/JI: • 100 MtCO2e/yr • US$ 4/tCO2e • Market Value for CDM/JI: US$ 400 Millions/yr
Middle Perspectives • Russia will not ratify (USA neither) • Japan, Canada and NZ will not join the EU Mini-KP Initiative • Market Potential for CDM/JI: • 300 MtCO2e/yr • US$ 6/tCO2e • Market Value for CDM/JI: US$ 1.8 Billion/yr
Best Perspectives • Russia will not ratify (USA neither) • Japan, Canada and NZ will join the EU Mini-KP Initiative • Market Potential for CDM/JI: • 550 MtCO2e/yr • US$ 10/tCO2e • Market Value for CDM/JI: US$ 5.5 Billion/yr
Operationalizing CDM Projects End of the Presentation Thanks