Strengthening The Clean Development Mechanism
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| Total Pages | : 0 |
| Release | : 2005 |
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The concept of additionality has also been embedded in a set of guidelines, and effectively used since 2004.2 However, the Clean Development Mechanism is not providing the sustainable development benefits expected, and the rate at which projects are developed and approved is not sufficient to meet the growing demand for international credits from Annex 1 countries. [...] It is generally agreed now that the only projects and programs that can provide the volume of CERs needed in the required time frame are those of medium- and small-scale that can be implemented quickly, such as energy efficiency, small-scale renewable energy and waste processing.3 It is of particular concern that until now, the majority of the larger CDM projects have involved technologies that do [...] Summary of Recommendations The Pembina Institute believes that at the Montreal Climate Change Conference (the Conference of the Parties, or COP 11), the Parties should advocate that the following changes be made to strengthen the CDM so that it can deliver on its twin objectives of GHG reduction and sustainable development in a timely manner:. [...] Changes to the CDM Itself Expand resources and support for the Executive Board While the Executive Board must continue to be the body that reports to the United Nations Framework Convention on Climate Change (UNFCCC) on the Clean Development Mechanism, the financial and professional resources provided to the Board must be significantly increased. [...] The structure of the Board should be changed so that a permanent professional body or secretariat reporting to the Board is responsible for the day-to-day operation of the CDM.
| Author | : Michael Mehling |
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| Total Pages | : 0 |
| Release | : 2011 |
| Genre | : Climatic changes |
| ISBN | : 9783869650234 |
With a substantial project pipeline and more than 500 million Certified Emission Reductions issued to date, the Clean Development Mechanism (CDM) has rapidly become a central pillar of the international carbon market. While this success testifies to its appeal for investors and project developers, growing criticism has been directed against a number of perceived shortcomings, from disappointing environmental and development benefits to cumbersome approval procedures and flawed governance structures. In this new collection of essays, more than twenty recognized experts draw on their diverse professional and geographic backgrounds to identify challenges and opportunities on the path towards CDM reform. Recommendations for improvement are complemented by case studies in a wide range of sectors and geographic settings. Practitioners and academics alike will benefit from the rigorous analysis and timely conclusions outlined in this volume.
| Author | : Michael Mehling |
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| Total Pages | : 291 |
| Release | : 2011 |
| Genre | : Climatic changes |
| ISBN | : 9783869650241 |
KlappentextWith a substantial project pipeline and more than 500 million Certified Emission Reductions issued to date, the Clean Development Mechanism (CDM) has rapidly become a central pillar of the international carbon market. While this success testifies to its appeal for investors and project developers, growing criticism has been directed against a number of perceived shortcomings, from disappointing environmental and development benefits to cumbersome approval procedures and flawed governance structures.In this new collection of essays, more than twenty recognized experts.
| Author | : Asian Development Bank |
| Publisher | : Asian Development Bank |
| Total Pages | : 137 |
| Release | : 2021-11-01 |
| Genre | : Science |
| ISBN | : 9292690973 |
This publication provides insights on deliberations regarding the Clean Development Mechanism (CDM) transition and implications for Asia and the Pacific. With the Article 6 Rulebook expected to be finalized at the 26th Conference of Parties in Glasgow, the Asian Development Bank hopes this publication can increase knowledge and understanding of the CDM transition along with its relevance to economies in the region. It is also intended to help stakeholders from Asia and the Pacific become better prepared to contribute to the finalization of the Article 6 Rulebook and move toward operationalizing Article 6 of the Paris Agreement.
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| Total Pages | : 9 |
| Release | : 2005 |
| Genre | : Climatic changes |
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| Author | : Xiaoyi Jiang |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 283 |
| Release | : 2012-08-13 |
| Genre | : Law |
| ISBN | : 3642247377 |
Today, climate change is among the most hotly-debated topics. The Clean Development Mechanism (CDM), one of the three financial mechanisms under the Kyoto Protocol open to developing and developed countries, was devised to assist in mitigation of global warming. This book discusses what China should do to make full use of the CDM to promote sustainable development and to meet the challenge of climate change from a legal perspective. The findings lead to the conclusion that the CDM has limitations in promoting sustainable development in China, and thus should be regarded only as a complementary instrument in combating climate change. Legal strategies for improving the implementation of CDM projects under the legal framework in China are thus put forward, and some proposals for China to meet the challenge of climate change in the post-2012 era are made. This book offers new insights to academics and policymakers both in the public and private sector. It is intended for legal practitioners and researchers on carbon trading as well as policymakers interested in the role of developing countries in climate change law. In addition, it is of interest to stakeholders of CDM projects.
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| Total Pages | : 256 |
| Release | : 2005 |
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| Author | : Alexandrina Platonova-Oquab |
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| Release | : 2012 |
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The scope of the present study focuses on the assessment of opportunities to improve the effectiveness of the clean development mechanism (CDM) through the enhanced use of standardization. The study argues that the introduction of the concept of standardized baselines to the CDM can substantially change the way the CDM develops. The goal of the present study is to discuss what the options are for driving the idea of standardization further. The working hypothesis is that baseline standardization alone may not be sufficient in that regard but can be seen as a starting point for improving the CDM through the enhanced use of standardization at other levels of CDM procedures. The study examines how standardization can be used to simplify CDM procedures throughout the project cycle and to extend the scope of the CDM in a way that improves access of underrepresented sectors and regions. The paper is divided into three chapters. The first chapter sets the scene by analyzing in detail procedural imperfections of the CDM that can be addressed through extending standardization to project cycle procedures. The second chapter discusses new opportunities that standardization could provide to the CDM reform. The third chapter of the study analyzes if and how standardization can enable policy-driven actions to generate carbon credits under the CDM. The chapter also assesses the ways standardization can help overcome the remaining barriers to better incorporate the CDM in host countries low carbon development policies, and to inform the development of new market mechanisms.
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| Total Pages | : 13 |
| Release | : 1999 |
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This paper addresses the political acceptability and workability of CDM by and in developing countries. At COP-3 in Kyoto in 1997, the general position among developing countries changed from strong rejection of joint implementation to acceptance of CDM. The outgrowth of CDM from a proposal from Brazil to establish a Clean Development Fund gave developing countries a sense of ownership of the idea. More importantly, establishing support for sustainable development as a main goal for CDM overcame the resistance of many developing countries to accept a carbon trading mechanism. The official acceptance of CDM is not a guarantee of continued acceptance, however. Many developing countries expect CDM to facilitate a substantial transfer of technology and other resources to support economic growth. There is concern that Annex I countries may shift official development assistance into CDM in order to gain carbon credits, and that development priorities could suffer as a result. Some fear that private investments could be skewed toward projects that yield carbon credits. Developing country governments are wary regarding the strong role of the private sector envisioned for CDM. Increasing the awareness and capacity of the private sector in developing countries to initiate and implement CDM projects needs to be a high priority. While private sector partnerships will be the main vehicle for resource transfer in CDM, developing country governments want to play a strong role in overseeing and guiding the process so that it best serves their development goals. Most countries feel that establishment of criteria for sustainable development should be left to individual countries. A key issue is how CDM can best support the strengthening of local capacity to sustain and replicate projects that serve both climate change mitigation and sustainable development objectives. There is support among developing countries for commencing CDM as soon as possible. Since official commencement must await the entry into force of the Kyoto Protocol, many developing countries support the establishment of an Interim Phase starting in 2000, with possible retroactive crediting once the Protocol enters into force.
| Author | : Asian Development Bank |
| Publisher | : Asian Development Bank |
| Total Pages | : 166 |
| Release | : 2016-06-01 |
| Genre | : Business & Economics |
| ISBN | : 9292574000 |
The Clean Development Mechanism (CDM), a market mechanism under the Kyoto Protocol, has been successful in supporting mitigation actions through carbon inance. With nearly 7,700 projects and 290 Program of Activities registered by the CDM Executive Board, the CDM allows GHG emission reduction projects in developing countries to generate Certiied Emission Reductions which can be used to ofset mandatory or voluntary emission reduction targets. It however requires a robust monitoring, reporting, and veriication (MRV) to ensure social and environmental integrity of such projects and the emissions reductions thereof. This MRV manual is intended to assist CDM project developers in understanding and managing the MRV requirements and process of their CDM projects in a simple step-by-step manner with the help of real examples and practical tips. While this MRV manual has been developed primarily to assist CDM project developers, it also aspires to be of help for projects participating in other existing and emerging market mechanisms. These may include bilateral mechanisms; voluntary carbon markets; regional, national, and subnational carbon markets; and any of the cooperative approaches and new market mechanism for the post-2020 carbon markets consequent to the Paris Agreement adopted at COP21 in December 2015. As carbon markets in the region evolve beyond CDM, there is a strong need to maintain and further build institutional capacities to ensure growth and enhanced efectivity of carbon markets---and this MRV manual is an efort in that direction.
