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Structure of the presentation. The origins of CDM What is the CDM? Players of CDM. The origins of CDM. Convention (Art. 3.3, 4.2 (cooperate, jointly)). Kyoto Protocol Art. 6, 12 and 17. 3 Mechanisms. JI. ET. CDM. project based. System with GHG emission caps.
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Structure of the presentation • The origins of CDM • What is the CDM? • Players of CDM
The origins of CDM Convention(Art. 3.3, 4.2 (cooperate, jointly)) Kyoto Protocol Art. 6, 12 and 17 3 Mechanisms JI ET CDM project based System with GHG emission caps
What is innovative about the CDM? • Provides market-oriented means to promote SD and reduce GHG emissions • Promotes private sector investment in SD (as distinct from ODA) • Involves private/public sector companies in its decision making (part of “infrastructure”)- DOEs • Provides for “bottom-up approach”regarding project development • Involves public scrutiny
CDM – The basic concept Industrialized countries (AI) • To assist in meeting their Kyoto Protocol targets CER Projectproponents Investors (private business, governments, NGOs) (private business, governments, NGOs) Host Parties (NAI) • To assist in achieving sustainable development
What makes a project activity a CDM project activity? GHG “What would have happened” situation (scenario) CERs CDM project activity t - > Methodologies for baseline and monitoring
“Infrastructure” Players of the CDM • COP/MOP (COP until KP enters into force) • CDM Executive Board • Designated operational entities (DOE) • Project participants investor project proponents • Designated national authorities (DNA)
COP/MOP Project Operational Executive Board(EB) Participant(PP) Entity (DOE) Project Design Validation/Registration * (within 8 weeks) Monitoring Verification & Certification Issuance of CERs * (within 15 days) CDM “infrastructure” * An automatic step unless a review is requested. CDM project Cycle Roles and responsibilities Provide info1 Confirm thatrequirementsare met Implement Certify ERs Companies (private/public) Written letter of approval from DNA involved are required prior to request for registration.
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