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This seminar presents an analysis of the status and prospects of the Clean Development Mechanism (CDM) in the context of negotiations, post-2020 value, and regulatory issues at national and international levels. It explores the nature of problems and potential solutions, identifies actors' roles, and addresses insufficient resources. The bottom-up process, while time-consuming, yields results and opportunities for pioneers. The challenge lies in ensuring quality, consistency, and timely delivery in a global, multi-sector, multi-interest level.
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Status and prospects for the CDM … prior to COP/MOP 1 Seminar organized by AIXG 21-22 March 2005 Paris Christine ZUMKELLERUNFCCC/Cooperative Mechanismsczumkeller@unfccc.int
Status and prospects of the CDM Enabling environment for the CDM: with “Kyoto risk” taken care of, other risks come to the fore (CDM in context of negotiations, post- 2012 value, regulatory issues at national/intl.levels) “Prompt start of the CDM” since Marrakesh meant • COPs 8, 9 and 10 reviewed progress on the work of the Board; found procedures in place and operations advancing (project registration, method.approval, consolidation, DOEs, DNAs – see UNFCCC CDM web site)
Status and prospects … Analysis of the process and the nature of problems – keep sense of perspective! • Which problems are of a “teething”, procedural or structural nature – what can the Board do to address them? • Are all actors playing the role foreseen by the M&P – if not, why not? • Why are the resources for the work of the Board insufficient – what can be done to raise awareness and stir action?
Status and prospects … Bottom-up process yields results but takes time and effort: gets process going, generates experience to streamline, consolidate, adjust Opportunities are seized by pioneers: operational entities, project proponents, stakeholders – interest rising, sophistication improving! Challenge: ensuring quality, consistency in approach, timely and cost-effective delivery Magnitude of challenge fully appreciated? CDM to work at global, multi-sector, multi-interest level!